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Climate Change

Name: Climate Change
Brand: Bibliogov
SKU: 9781288666706
Price: 278 CZK
Availability: InStock

Design Approaches for a Greenhouse Gas Reduction Program

Autor: Larry Parker

Jazyk:

Vazba: Brožovaná

Vydavatel: Bibliogov

Dostupnost: Skladem u dodavatele

Odesíláme za 9-15 dnů

278 Kč

With the passage of the 2005 Sense of the Senate climate change resolution calling on the Congress t...

Informace o knize

Autor

Larry Parker

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2013

Stránek

EAN

9781288666706

ISBN

9781288666706

Enbook ID

08270411

Vydavatel

Bibliogov

Hmotnost

Rozměry

189 x 246 x 2

Kompletní popis

With the passage of the 2005 Sense of the Senate climate change resolution calling on the Congress to enact a mandatory, market-based program to slow, stop, and reverse the growth of greenhouse gases, the issue of related costs has taken on increased importance. Indeed, the resolution itself states that the program should be enacted at a rate and in a manner that "will not significantly harm the United States economy" and "will encourage comparable action" by other nations. Facets of the cost issue that have raised concern include absolute costs to the economy, distribution of costs across industries, competitive impact domestically and internationally, incentives for new technology, and uncertainty about possible costs. In general, market-based mechanisms to reduce greenhouse gas emissions, the most important being carbon dioxide (CO2), focus on specifying either the acceptable emissions level (quantity) or the compliance costs (price), and allowing the marketplace to determine the economically efficient solution for the other variable. For example, a tradeable permit program sets the amount of emissions allowable under the program (i.e., the number of permits available limits or caps allowable emissions), while allowing the marketplace to determine what each permit will be worth. Likewise, a carbon tax sets the maximum unit cost (per ton of CO2 equivalent) that one should pay for reducing emissions, while the marketplace determines how much actually gets reduced. In one sense, preference for a carbon tax or a tradeable permit system depends on how one views the uncertainty of costs involved and benefits to be received.