Environmental and Energy Policy and the Economy

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Publisher : University of Chicago Press
ISBN 13 : 0226821749
Total Pages : 275 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Environmental and Energy Policy and the Economy by : Matthew J. Kotchen

Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press. This book was released on 2022-01-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.

Environmental Policy and Politics

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Publisher : Routledge
ISBN 13 : 1317348621
Total Pages : 353 pages
Book Rating : 4.3/5 (173 download)

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Book Synopsis Environmental Policy and Politics by : Michael Kraft

Download or read book Environmental Policy and Politics written by Michael Kraft and published by Routledge. This book was released on 2015-09-25 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering global threats such as climate change, population growth, and loss of biodiversity, as well as national, state, and local problems of environmental pollution, energy use, and natural resource use and conservation, Environmental Policy and Politics provides a comprehensive overview of U.S. policy-making processes, the legislative and administrative settings for policy decisions, the role of interest groups and public opinion in environmental politics, and the public policies that result. It helps readers understand modern environmental policy and its implications, including the need for a comprehensive and integrated approach to problem solving.

Energy and Environment

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Publisher : Routledge
ISBN 13 : 100067665X
Total Pages : 213 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Energy and Environment by : John Byrne

Download or read book Energy and Environment written by John Byrne and published by Routledge. This book was released on 2021-10-29 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1991, this volume number 6 in the Energy Policy Studies series focuses on important interconnections between energy use and global change issues such as upper atmosphere ozone depletion and global warming. Policy options for meeting these challenges are explored in eight contributed chapters that concentrate on Energy and the Environment, economic growth and industrialisation in Europe, a comparison of solar and nuclear options, as well costs surrounding electricity generation and sustainable development.

Environmental Policy and the Pursuit of Sustainability

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Publisher : Routledge
ISBN 13 : 1351584766
Total Pages : 300 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Environmental Policy and the Pursuit of Sustainability by : Chelsea Schelly

Download or read book Environmental Policy and the Pursuit of Sustainability written by Chelsea Schelly and published by Routledge. This book was released on 2018-02-23 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is increasingly apparent that human activities are not suitable for sustaining a healthy global environment. From energy development to resource extraction to use of land and water, humans are having a devastating effect on the earth’s ability to sustain human societies and quality lives. Many approaches to changing the negative environmental consequences of human activities focus on one of two options, emphasizing either technological fixes or individual behavior change to reduce environmental harms through sustainable consumption habits. This book takes a different approach, focusing on the role of environmental policy in shaping the possibilities for and creating hindrances to pursuing more sustainable use of environmental resources. This unique compilation examines environmental policy through empirical case studies, demonstrating through each particular example how environmental policies are formed, how they operate, what they do in terms of shaping behaviors and future trajectories, and how they intersect with other social dynamics such as politics, power, social norms, and social organization. By providing case studies from both the United States and Mexico, this book provides a cross-national perspective on current environmental policies and their role in creating and limiting sustainable human futures. Organized around four key parts – Water; Land; Health and Wellbeing; and Resilience – and with a central theme of environmental justice and equity, this book will be of great interest to students and scholars of environmental policy and sustainability.

The Origins of Energy and Environmental Policy in Europe

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Publisher : Routledge
ISBN 13 : 0415630037
Total Pages : 306 pages
Book Rating : 4.4/5 (156 download)

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Book Synopsis The Origins of Energy and Environmental Policy in Europe by : Thomas C. Hoerber

Download or read book The Origins of Energy and Environmental Policy in Europe written by Thomas C. Hoerber and published by Routledge. This book was released on 2013 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the development of a European environmental conscience through successive steps of European integration in energy policy. In the 1960s-70s, the world was slowly beginning to realise that environment degradation was not sustainable. With phenomena such as acid rain, it became clear that pollution did not stop at national boundaries and the European environmental conscience developed in parallel to such growing environmental concerns. The oil crisis in 1973 was a turning point in the integration process for both energy policy and environment policy, and while further integration towards the European energy policy failed; the environmental policies took shape in measures such as energy saving. The Commission incorporated both energy and environmental policies into the EU policy canon and built an institutional framework, responding to the insufficiency of national policy answers and the developing environmental conscience of the European people. This book will be of interest to students and scholars of European Integration, European Union politics and history and environmental politics and policy.

Environmental and Energy Policy and the Economy

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Publisher : University of Chicago Press Journals
ISBN 13 : 9780226802374
Total Pages : 175 pages
Book Rating : 4.8/5 (23 download)

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Book Synopsis Environmental and Energy Policy and the Economy by : Matthew J. Kotchen

Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press Journals. This book was released on 2021-01-12 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and related policy issues. Robert Pindyck provides a systematic overview of what is known, and remains unknown, about climate change, along with the implications of uncertainty for climate policy. Shaikh Eskander, Sam Fankhauser, and Joana Setzer offer insights from a comprehensive data set on climate change legislation and litigation across all countries of the world over the past thirty years. Adele Morris, Noah Kaufman, and Siddhi Doshi shine a light on how expected trends in the coal industry will create significant challenges for the local public finance of coal-reliant communities. Joseph Aldy and his collaborators analyze the treatment of co-benefits in benefit-cost analyses of federal clean air regulations. Tatyana Deryugina and her co-authors report on the geographic and socioeconomic heterogeneity in the benefits of reducing particulate matter air pollution. Finally, Oliver Browne, Ludovica Gazze, and Michael Greenstone use detailed data on residential water consumption to evaluate the relative impacts of conservation policies based on prices, restrictions, and public persuasion.

Energy, Environmental and Economic Sustainability in East Asia

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Publisher : Routledge
ISBN 13 : 1351013467
Total Pages : 288 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis Energy, Environmental and Economic Sustainability in East Asia by : Soo-Cheol Lee

Download or read book Energy, Environmental and Economic Sustainability in East Asia written by Soo-Cheol Lee and published by Routledge. This book was released on 2019-08-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at institutional reforms for the use of energy, water and resources toward a sustainable future in East Asia. The book argues that developments in the East Asian region are critical to global sustainability and acknowledges that there is an increasing degree of mutual reliance among countries in East Asia – primarily China, Japan, Korea and Taiwan. It analyzes environmental impacts stemming from the use of energy, water and mineral resources via economic development in East Asia in the medium to long term (through 2050) through theoretical and empirical modelling. The book also evaluates the ripple effects of environmental and resource policies on each country’s economy and clarifies the direction of institutional reform in energy systems, resources and water use for a sustainable future.

Europe's Long Energy Journey

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Publisher : Oxford University Press, USA
ISBN 13 : 9780198753308
Total Pages : 0 pages
Book Rating : 4.7/5 (533 download)

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Book Synopsis Europe's Long Energy Journey by : David Buchan

Download or read book Europe's Long Energy Journey written by David Buchan and published by Oxford University Press, USA. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will explore how far the European Union can go towards forming its 28 member states into an Energy Union. It analyses how the EU can achieve its goal of providing energy affordability, security, and sustainability in the light of internal dynamics in European energy markets, and of the urgency in mitigating climate change. It also considers the increasingly unfavourable external context for the cost and security aspects of Europe's go-it-alone decarbonization effort created by oil price volatility and geo-political tensions with Russia. Chapter 1 provides an overview of past energy and climate decisions in order to situate current EU policy and successive chapters tackle the new energy challenges. The volume covers the growing tension between Brussels' campaign to liberalise and integrate energy markets through cross-border competition and trade, and increasing state intervention through national renewable subsidies that fragment the market. It also analyses the revolution in electricity markets and investment incentives turned upside down by renewable subsidies, and proposes a new market design to guide Europe through this uncharted territory. The book examines the need for flexible demand response from energy consumers as a match to increasingly inflexible energy supply from weather-dependent renewables. It also looks at the EU's 2030 targets and proposed emission trading and renewable energy reforms, and assesses how they measure up to the climate commitments of other countries as well as to the EU's long term climate aims. Underscoring the EU's inability to exist in its own energy bubble, two chapters analyse whether European industry can stay competitive with the rest of the world and how Europe is diversifying its energy sources away from Russia. The conclusion examines what a genuine energy union might mean in terms of EU governance of national energy policies, and how far short the EU will fall short of this.

Environmental Politics and Policy

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Publisher : CQ Press
ISBN 13 : 1506345360
Total Pages : 425 pages
Book Rating : 4.5/5 (63 download)

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Book Synopsis Environmental Politics and Policy by : Walter A. Rosenbaum

Download or read book Environmental Politics and Policy written by Walter A. Rosenbaum and published by CQ Press. This book was released on 2016-08-01 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walter A. Rosenbaum’s classic Environmental Politics and Policy, Tenth Edition once again provides definitive coverage of environmental politics and policy, lively case material, and a balanced assessment of current environmental issues. The first half of the book sets needed context and describes the policy process while the second half covers specific environmental issues such as air and water; toxic and hazardous substances; energy; and a global policymaking chapter focused on climate change and transboundary politics. Covering major environmental policy initiatives and controversies during President Obama's two terms and capturing the sudden and radical changes occurring in the American energy economy, this Tenth Edition offers the needed currency and relevancy for any environmental politics course.

Environmental Policy

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Publisher : CQ Press
ISBN 13 : 1506383475
Total Pages : 457 pages
Book Rating : 4.5/5 (63 download)

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Book Synopsis Environmental Policy by : Norman J. Vig

Download or read book Environmental Policy written by Norman J. Vig and published by CQ Press. This book was released on 2017-12-14 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authoritative and trusted, Environmental Policy once again brings together top scholars to evaluate the changes and continuities in American environmental policy since the late 1960s and their implications for the twenty-first century. Students will learn to decipher the underlying trends, institutional constraints, and policy dilemmas that shape today’s environmental politics. The Tenth Edition examines how policy has changed within federal institutions and state and local governments, as well as how environmental governance affects private sector policies and practices. The book provides in-depth examinations of public policy dilemmas including fracking, food production, urban sustainability, and the viability of using market solutions to address policy challenges. Students will also develop a deeper understanding of global issues such as climate change governance, the implications of the Paris Agreement, and the role of environmental policy in the developing world. Students walk away with a measured yet hopeful evaluation of the future challenges policymakers will confront as the American environmental movement continues to affect the political process.

Energy, Society and Environment

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Publisher : Routledge
ISBN 13 : 1134407025
Total Pages : 379 pages
Book Rating : 4.1/5 (344 download)

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Book Synopsis Energy, Society and Environment by : David Elliott

Download or read book Energy, Society and Environment written by David Elliott and published by Routledge. This book was released on 2004-03 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uses global case studies to examine technological solutions to energy-related environmental problems and suggests that social, economic and political solutions may be needed to avoid serious future environmental damage.

New Approaches on Energy and the Environment

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Publisher : Routledge
ISBN 13 : 113652794X
Total Pages : 238 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis New Approaches on Energy and the Environment by : Richard D. Professor Morgenstern

Download or read book New Approaches on Energy and the Environment written by Richard D. Professor Morgenstern and published by Routledge. This book was released on 2010-09-30 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by economists and policy analysts at Resources for the Future, a Washington, DC, think tank with a tradition for independent, objective research, this collection of twenty-five 'memos to the President' offers constructive policy options for the elected administration on critical challenges related to energy, the environment, and natural resources. Each contributor to New Approaches on Energy and the Environment was asked to address the question: 'Based on your research and knowledge, what policy recommendation would you like to make to the next U.S. president?' Writing in advance of the 2004 election so as to keep their essays free of partisan interpretations, the authors were asked not to confine their suggestions to what the prevailing wisdom says is politically possible. They also took pains to make their ideas accessible to a busy president as well as a wide range of readers interested in a concise and authoritative overview of the nation's energy and environmental policy choices. The results are provocative, sometimes controversial, but highly readable essays on topics including climate change, oil dependency, electricity regulation, brownfields revitalization, forest service administration, air and water quality, and environmental health issues such as food safety and the growing threat of antibiotic resistance. When the President takes office in January, 2005, he will confront competing perspectives about the priorities and approaches that should apply to energy and environmental policy: Americans want cleaner air and water and healthy and attractive surroundings, but they also want inexpensive fuel, comfortable cars and houses, and continued economic growth. New Approaches on Energy and the Environment provides thought-provoking, commonsense contributions to debates about important energy and environmental issues confronting the U.S. today.

Handbook of Energy and Environmental Security

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Publisher : Academic Press
ISBN 13 : 0128240857
Total Pages : 586 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Handbook of Energy and Environmental Security by : Muhammad Asif

Download or read book Handbook of Energy and Environmental Security written by Muhammad Asif and published by Academic Press. This book was released on 2022-05-10 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Energy and Environmental Security educates the reader about the wider dimensions of the distinctive yet intertwined subjects of ‘energy security and ‘environmental security’. The book uniquely addresses these two increasingly important topics in a comprehensive and composite manner, describing the concepts and wider dimensions of energy- and environmental security in technological, economic, social and geopolitical perspectives. Divided into three main parts, the book deals with the subject of energy security in terms of its concepts, broader dimensions and allied issues, focuses on environmental security, and covers subjects in a cohesive manner, discussing their important interfaces and commonalities. Providing valuable scholarship for academics, researchers and analysts in the fields of energy and the environment, and using case studies to illustrate national and international levels, this is a valuable resource for energy- and environmental security challenges, especially in the areas of sustainable development and climate change. Discusses the critical subjects of ‘energy security’ and ‘environmental security’ in a composite manner Incorporates up-to-date data, case studies and comparative assessments Energy and environmental policy frameworks are covered from the perspective of both developed and developing countries

Global Energy Policy and Security

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Publisher : Springer Science & Business Media
ISBN 13 : 1447152867
Total Pages : 332 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Global Energy Policy and Security by : Walter Leal Filho

Download or read book Global Energy Policy and Security written by Walter Leal Filho and published by Springer Science & Business Media. This book was released on 2013-09-03 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite efforts to increase renewables, the global energy mix is still likely to be dominated by fossil-fuels in the foreseeable future, particularly gas for electricity and oil for land, air and sea transport. The reliance on depleting conventional oil and natural gas resources and the geographic distribution of these reserves can have geopolitical implications for energy importers and exporters. Global Energy Policy and Security examines the security of global and national energy supplies, as well as the sensitivity and impacts of sustainable energy policies which emphasize the various political, economic, technological, financial and social factors that influence energy supply, demand and security. Multidisciplinary perspectives provide the interrelated topics of energy security and energy policy within a rapidly changing socio-political and technological landscape during the 21st century. Included are two main types of interdisciplinary papers. One set of papers deals with technical aspects of energy efficiency, renewable energy and the use of tariffs. The other set of papers focuses on social, economic or political issues related to energy security and policy, also describing research, practical projects and other concrete initiatives being performed in different parts of the world. This book will prove useful to all those students and researchers interested in the connections between energy production, energy use, energy security and the role of energy policies.

Energy and Environmental Policy in China

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Publisher : Edward Elgar Publishing
ISBN 13 : 0857938169
Total Pages : 193 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Energy and Environmental Policy in China by : ZhongXiang Zhang

Download or read book Energy and Environmental Policy in China written by ZhongXiang Zhang and published by Edward Elgar Publishing. This book was released on 2011 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pioneering book provides a comprehensive, rigorous and in-depth analysis of China's energy and environmental policy for the transition towards a low-carbon economy. This unique book focuses on concrete, constructive and realistic solutions to China's unprecedented environmental pollution and rising greenhouse gas emissions from burning fossil fuels and energy security as a result of steeply rising oil imports. It provides an up-to-date factual analysis of China's efforts and commitments to improve energy efficiency, to cut pollutants and to increase the use of renewable energy to create a low-carbon economy. The author explores many of the policies and measures that China has put in place to save energy and reduce emissions, as well as examines new policies and measures in order for China to be successful. Energy and Environmental Policy in China will prove to be of great value to practitioners and policymakers, as well as to academies and students in the areas of economics, environmental studies, Asian studies, regional and urban studies, law, political science and sociology.

Energy and Security

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Publisher : JHU Press
ISBN 13 : 1421411865
Total Pages : 663 pages
Book Rating : 4.4/5 (214 download)

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Book Synopsis Energy and Security by : Jan H. Kalicki

Download or read book Energy and Security written by Jan H. Kalicki and published by JHU Press. This book was released on 2013-11-20 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, energy and its procurement have been central to the U.S. position as a world power. How can U.S. relations with established producer nations ensure the stability of energy supplies? How can non-OPEC resources best be brought to the international marketplace? And what are the risks to international security of growing global reliance on imported oil? n Energy and Security: Toward a New Foreign Policy Strategy, Jan H. Kalicki and David L. Goldwyn bring together the topmost foreign policy and energy experts and leaders to examine these issues, as well as how the U.S. can mitigate the risks and dangers of continued energy dependence through a new strategic approach to foreign policy that integrates both U.S. energy and national security interests. Contributors include Abdullah bin Hamad Al-Attiyah, Kevin A. Baumert, Michelle Billig, Loyola de Palacio, Jonathan Elkind, Michelle Michot Foss, Leon Fuerth, Lee H. Hamilton, Evan M. Harrje, John P. Holdren, Paul F. Hueper, Amy Myers Jaffe, J. Bennett Johnston, Donald A. Juckett, Viktor I. Kalyuzhny, Melanie A. Kenderdine, William F. Martin, Charles McPherson, Kenneth B. Medlock III, Ernest J. Moniz, Edward L. Morse, Julia Nanay, Shirley Neff, Willy H. Olsen, Bill Richardson, John Ryan, James R. Schlesinger, Gordon Shearer, Adam E. Sieminski, Alvaro Silva-Calderón, Luis Téllez Kuenzler, J. Robinson (Robin) West, Daniel Yergin, and Keiichi Yokobori.

Energy and Environmental Policy Modeling

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Publisher : Springer Science & Business Media
ISBN 13 : 1461549531
Total Pages : 196 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Energy and Environmental Policy Modeling by : John Weyant

Download or read book Energy and Environmental Policy Modeling written by John Weyant and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Simple Model of Electric Power Network . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Power flow equations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Social welfare action . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 A Market Mechanism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 An efficient trading rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 Competitive equilibrium and social optimum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 A Dynamic Trading Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 An Illustrative Example . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Alternative Implementation Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Conclusions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Chapter 5: The Berlin Mandate: The Design ofCost-Effictive Mitigation Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 The Models . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Future Emissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 The Costs of Alternative Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 Some Final Comments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 Chapter 6: Some Implications of Improved CO] Emissions Control Technology in The Context of Global Climate Change . . . . . . . . . . . . . . . . . . . . 85 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 The CET A-R Model . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Economic system . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Climate system . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 Uncertain losses from temperature rise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 Technology Assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 Implications of Loss Probability and Technology Assumptions . . . . . . . . . . . . . . . . . . . 89 Improved Technology and the Value of Infonnation About Damage . . . . . . . . . . . 94 Value of Information about Technology and Benefits of Improved Technology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 Sununary and Conclusions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 Chapter 7: Determining an Optimal Afforestation Policy: A Cost-Benefit Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Introduction - Motivation and afforestation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Afforesting and halting deforestation: domestic verses global solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 01 Research Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 02 Integrated assessment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 Time horizon and discounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103 Carbon sequestration time path . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 03 vi Interactions with other markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 Structural Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 04 Traditional timberland module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 Afforestation module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 Timber market module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 08 Sequestration calculations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 bjective function . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 Regionalization and Model Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110 Southern submodel data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111 Pacific submodel data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .