Climate Change Economics and Policy: An RFF Anthology.

• Position: Book Review

CLIMATE CHANGE ECONOMICS AND POLICY: AN RFF ANTHOLOGY

Edited by Michael A. Toman. 1616 P Street NW, Washington, D.C. 20036-1400: RFF Press, 2001. (202) 328-5086. http://www.rffpress.org. 288 pp. $26.95 Softbound.

Climate Change Economics and Policy considers the key issues involved in one of the most important policy debates of our time. Beginning with an overview and policy history, it explores the potential impact of climate change on a variety of domains, including water resources, agriculture, and forests. The contributors then provide assessments of policies that will affect greenhouse gas emissions, including electricity restructuring, carbon sequestration in forests, and early reduction programs. In considering both domestic and international policy options, the authors examine command and control strategies, energy efficiency opportunities, taxes, emissions trading, subsidy reform, and inducements for technological progress.

Both policymakers and the general public will fend this volume to be a convenient and authoritative guide to climate change risk...