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Carbon Market, The: the Conference of the Parties for Combating Climate Change (Cop 21), Solutions and Implementation
The Kyoto Protocol capped the emissions of the main emitters, the industrialized countries, one by one. It also created an innovative financial mechanism, the Carbon Market and its Clean Development Mechanism (CDM), which allows developing nations to receive carbon credits when they reduce their emissions below their baselines. The carbon market, an economic system that created a price for carbon for the first time, is now used in four continents, is promoted by the World Bank, and is recommended even by leading oil and gas companies. However, one critical problem for the future of the Kyoto Protocol is the continuing impasse between the rich and the poor nations.Who should reduce emissions ...
Saving Kyoto
Saving Kyoto focuses on international efforts to confront the crisis and provides a colourful overview of the history of global climate negotiations, explaining why international cooperation between poor and rich nations has become critical.
Reversing Climate Change
The Kyoto Protocol capped the emissions of the main emitters, the industrialized countries, one by one. It also created an innovative financial mechanism, the Carbon Market and its Clean Development Mechanism (CDM), which allows developing nations to receive carbon credits when they reduce their emissions below their baselines. The carbon market, an economic system that created a price for carbon for the first time, is now used in four continents, is promoted by the World Bank, and is recommended even by leading oil and gas companies. However, one critical problem for the future of the Kyoto Protocol is the continuing impasse between the rich and the poor nations. Who should reduce emissions -- the rich or the poor countries?
Handbook on the Economics of Climate Change
This timely Handbook recognises the emergence of climate change as the defining topic of our time. With public climate discourse growing more urgent every year, this Handbook brings together international experts from different economic disciplines to answer critical climate policy questions.
The Knowledge Revolution
The engine of growth is knowledge, with profound implications for us all.
Environmental Markets
Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation. No other book focuses on a property rights approach using environmental markets to solve environmental problems. This book compares standard approaches to these problems using governmental management, regulation, taxation, and subsidization with a market-based property rights approach. This approach is applied to land, water, wildlife, fisheries, and air and is compared to governmental solutions. The book concludes by discussing tougher environmental problems such as ocean fisheries and the global atmosphere, emphasizing that neither governmental nor market solutions are a panacea.
Essays in Dynamic General Equilibrium Theory
In the area of dynamic economics, David Cass’s work has spawned a number of important lines of research, including the study of dynamic general equilibrium theory, the concept of sunspot equilibria, and general equilibrium theory when markets are incomplete. Based on these contributions, this volume contains new developments in the field, written by Cass's students and co-authors.
The Economics of the Yasuní Initiative
Climate change lends itself to both political economy and humor. Vogel argues that mainstream economics fails to recognize the thermodynamic nature of climate change, thereby missing the point of Northern appropriation of the atmospheric sink. The payment Ecuador seeks for not drilling in the Yasun is equitable and efficient. Heeding the call of Deirdre (formerly Donald) McCloskey that economics needs humour, Vogel has written a scathing critique of economics-as-usual which also entertains.
International Macroeconomics
An essential introduction to one of the most timely and important subjects in economics International Macroeconomics presents a rigorous and theoretically elegant treatment of real-world international macroeconomic problems, incorporating the latest economic research while maintaining a microfounded, optimizing, and dynamic general equilibrium approach. This one-of-a-kind textbook introduces a basic model and applies it to fundamental questions in international economics, including the determinants of the current account in small and large economies, processes of adjustment to shocks, the determinants of the real exchange rate, the role of fixed and flexible exchange rates in models with nom...
Protection of Global Biodiversity
The rate of extinction of biological species is greater today than at any time in the last 65 million years. Some predict that if this rate continues, two-thirds of all living species will disappear during the next century. Because reaching consensus on specific courses of action involves complex issues, any adequate response to this impending crisis must include coverage of many areas of inquiry and understanding. Protection of Global Biodiversity features essays by distinguished international experts who communicate with each other across disciplinary boundaries to address the challenge of formulating policies to protect biodiversity. Although the global community has recently adopted a Co...
