The Design and Implementation of U.S. Climate Policy.

• Position: Conference notes

The Design and Implementation of U.S. Climate Policy, edited by Don Fullerton and Catherine Wolfram, will be available in the fall of 2012 from the University of Chicago Press.

Economic research has been invaluable in advancing our understanding of the consequences associated with global warming, and the costs and benefits of various policies designed to reduce emissions of greenhouse gases. As nations continue to develop climate policies, economic insights about their design and implementation should become increasingly important.

This NBER Conference Report balances theoretical and empirical approaches, considering the possible effects of various climate policies on a range of economic outcomes. The studies in the volume examine such topics as the coordination -- or lack thereof--between federal and state governments; the implications of monitoring and enforcing climate policy; and the specific consequences of...