Paying for Pollution incisively examines the very real costs-economic and social-of climate change and the challenges of concerted action to reduce future losses due to damages of higher temperatures and more extreme weather. Gilbert E. Metcalf argues that there is a convergence of social, economic, environmental, and political forces that provides an opening for a new approach to climate policy, one based on market principles that can appeal to politicians acrossthe political spectrum. After all, markets work best when the price of a good reflects all its costs.
Paying for Pollution incisively examines the very real costs-economic and social-of climate change and the challenges of concerted action to reduce future losses due to damages of higher temperatures and more extreme weather. Gilbert E. Metcalf argues that there is a convergence of social, economic, environmental, and political forces that provides an opening for a new approach to climate policy, one based on market principles that can appeal to politicians acrossthe political spectrum. After all, markets work best when the price of a good reflects all its costs.
Gilbert E. Metcalf is the John DiBiaggio Professor of Citizenship and Public Service and Professor of Economics at Tufts University. In addition, he is a Research Associate at the National Bureau of Economic Research and a University Fellow at Resources for the Future. In 2011-2012, Metcalf served as the Deputy Assistant Secretary for Environment and Energy at the U.S. Department of the Treasury.
Inhaltsangabe
Contents Introduction 1. Climate Change: What's the Big Deal? 2. Business as Usual: What Are the Costs? 3. Why Do Economists Like a Carbon Tax? 4. Isn't There a Better Way? (No, There Isn't) 5. Cap and Trade: The Other Way to Price Pollution 6. What To Do With 200 Billion: Give It Back 7. So You Want a Carbon Tax: How Do You Design It? 8. Objections to a Carbon Tax 9. Enacting a Carbon Tax: How Do We Get There? Afterword - What Next? References Notes
Contents Introduction 1. Climate Change: What's the Big Deal? 2. Business as Usual: What Are the Costs? 3. Why Do Economists Like a Carbon Tax? 4. Isn't There a Better Way? (No, There Isn't) 5. Cap and Trade: The Other Way to Price Pollution 6. What To Do With 200 Billion: Give It Back 7. So You Want a Carbon Tax: How Do You Design It? 8. Objections to a Carbon Tax 9. Enacting a Carbon Tax: How Do We Get There? Afterword - What Next? References Notes
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