The Design and Implementation of US Climate Policy
edited by Don Fullerton and Catherine Wolfram
University of Chicago Press, 2012 eISBN: 978-0-226-92198-3 | Cloth: 978-0-226-26914-6 Library of Congress Classification QC903.2.U6D47 2012 Dewey Decimal Classification 363.738745610973
ABOUT THIS BOOK | AUTHOR BIOGRAPHY | TOC | REQUEST ACCESSIBLE FILE
ABOUT THIS BOOK
Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as well as the costs and benefits of the various policies that might reduce emissions of greenhouse gases. As nations work to develop climate policies, economic insights into their design and implementation are ever more important.
With a balance between theoretical and empirical approaches, The Design and Implementation of US Climate Policy looks at the possible effects of various climate policies on a range of economic outcomes. The studies that comprise the volume examine topics that include the coordination—or lack thereof—between the federal and state governments, implications of monitoring and enforcing climate policy, and the specific consequences of various climate policies for the agricultural, automotive, and buildings sectors.
AUTHOR BIOGRAPHY
Don Fullerton is the Gutgsell Professor in the Department of Finance at the University of Illinois at Urbana-Champaign, where he is also a faculty associate at both the Institute of Government and Public Affairs and the Center for Business and Public Policy. He is a research associate and director of the Program on Environmental and Energy Economics at the NBER. Catherine Wolfram is associate professor of business administration at the Haas School of Business, University of California, Berkeley, and a research associate of the NBER.
TABLE OF CONTENTS
Acknowledgments
Introduction and Summary
Don Fullerton and Catherine Wolfram
I. Climate Policy in the Broader Context
1. Distributional Impacts in a Comprehensive Climate Policy Package
Gilbert E. Metcalf, Aparna Mathur, and Kevin A. Hassett Comment: Hilary Sigman
2. Climate Policy and Labor Markets
Olivier Deschênes Comment: Matthew E. Kahn
3. Limiting Emissions and Trade: Some Basic Ideas
Kala Krishna Comment: Meredith Fowlie
4. Regulatory Choice with Pollution and Innovation
Charles D. Kolstad Comment: V. Kerry Smith
5. Spillovers from Climate Policy to Other Pollutants
Stephen P. Holland Comment: Charles D. Kolstad
6. Markets for Anthropogenic Carbon within the Larger Carbon Cycle
Severin Borenstein Comment: Wolfram Schlenker
II. Interactions with Other Policies
7. Interactions between State and Federal Climate Change Policies
Lawrence H. Goulder and Robert N. Stavins Comment: Arik Levinson
8. Belts and Suspenders: Interactions among Climate Policy Regulations
Arik Levinson Comment: Gilbert E. Metcalf
9. Climate Policy and Voluntary Initiatives: An Evaluation of the Connecticut Clean Energy Communities Program
Matthew J. Kotchen Comment: Lucas W. Davis
10. Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program
Meredith Fowlie Comment: Lawrence H. Goulder
III. Design Features of Climate Policy
11. Upstream versus Downstream Implementation of Climate Policy
Erin T. Mansur Comment: Roberton C. Williams III
12. The Economics of Carbon Offsets
James B. Bushnell Comment: Kala Krishna
13. Monitoring and Enforcement of Climate Policy
Hilary Sigman Comment: Severin Borenstein
14.How Can Policy Encourage Economically Sensible Climate Adaptation?
V. Kerry Smith Comment: Erin T. Mansur
15. Setting the Initial Time-Profile of Climate Policy: The Economics of Environmental Policy Phase-Ins
Roberton C. Williams III Comment: Stephen P. Holland
IV. Sector-Specific Issues
16. Urban Policy Effects on Carbon Mitigation
Matthew E. Kahn Comment: Christopher R. Knittel
17. Is Agricultural Production Becoming More or Less Sensitive to Extreme Heat? Evidence from US Corn and Soybean Yields
Michael J. Roberts and Wolfram Schlenker Comment: James B. Bushnell
18. Carbon Prices and Automobile Greenhouse Gas Emissions: The Extensive and Intensive Margins
Christopher R. Knittel and Ryan Sandler Comment: Matthew J. Kotchen
19. Evaluating the Slow Adoption of Energy Efficient Investments: Are Renters Less Likely to Have Energy Efficient Appliances?
Lucas W. Davis Comment: Olivier Deschênes
Contributors
Author Index
Subject Index
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The Design and Implementation of US Climate Policy
edited by Don Fullerton and Catherine Wolfram
University of Chicago Press, 2012 eISBN: 978-0-226-92198-3 Cloth: 978-0-226-26914-6
Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as well as the costs and benefits of the various policies that might reduce emissions of greenhouse gases. As nations work to develop climate policies, economic insights into their design and implementation are ever more important.
With a balance between theoretical and empirical approaches, The Design and Implementation of US Climate Policy looks at the possible effects of various climate policies on a range of economic outcomes. The studies that comprise the volume examine topics that include the coordination—or lack thereof—between the federal and state governments, implications of monitoring and enforcing climate policy, and the specific consequences of various climate policies for the agricultural, automotive, and buildings sectors.
AUTHOR BIOGRAPHY
Don Fullerton is the Gutgsell Professor in the Department of Finance at the University of Illinois at Urbana-Champaign, where he is also a faculty associate at both the Institute of Government and Public Affairs and the Center for Business and Public Policy. He is a research associate and director of the Program on Environmental and Energy Economics at the NBER. Catherine Wolfram is associate professor of business administration at the Haas School of Business, University of California, Berkeley, and a research associate of the NBER.
TABLE OF CONTENTS
Acknowledgments
Introduction and Summary
Don Fullerton and Catherine Wolfram
I. Climate Policy in the Broader Context
1. Distributional Impacts in a Comprehensive Climate Policy Package
Gilbert E. Metcalf, Aparna Mathur, and Kevin A. Hassett Comment: Hilary Sigman
2. Climate Policy and Labor Markets
Olivier Deschênes Comment: Matthew E. Kahn
3. Limiting Emissions and Trade: Some Basic Ideas
Kala Krishna Comment: Meredith Fowlie
4. Regulatory Choice with Pollution and Innovation
Charles D. Kolstad Comment: V. Kerry Smith
5. Spillovers from Climate Policy to Other Pollutants
Stephen P. Holland Comment: Charles D. Kolstad
6. Markets for Anthropogenic Carbon within the Larger Carbon Cycle
Severin Borenstein Comment: Wolfram Schlenker
II. Interactions with Other Policies
7. Interactions between State and Federal Climate Change Policies
Lawrence H. Goulder and Robert N. Stavins Comment: Arik Levinson
8. Belts and Suspenders: Interactions among Climate Policy Regulations
Arik Levinson Comment: Gilbert E. Metcalf
9. Climate Policy and Voluntary Initiatives: An Evaluation of the Connecticut Clean Energy Communities Program
Matthew J. Kotchen Comment: Lucas W. Davis
10. Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program
Meredith Fowlie Comment: Lawrence H. Goulder
III. Design Features of Climate Policy
11. Upstream versus Downstream Implementation of Climate Policy
Erin T. Mansur Comment: Roberton C. Williams III
12. The Economics of Carbon Offsets
James B. Bushnell Comment: Kala Krishna
13. Monitoring and Enforcement of Climate Policy
Hilary Sigman Comment: Severin Borenstein
14.How Can Policy Encourage Economically Sensible Climate Adaptation?
V. Kerry Smith Comment: Erin T. Mansur
15. Setting the Initial Time-Profile of Climate Policy: The Economics of Environmental Policy Phase-Ins
Roberton C. Williams III Comment: Stephen P. Holland
IV. Sector-Specific Issues
16. Urban Policy Effects on Carbon Mitigation
Matthew E. Kahn Comment: Christopher R. Knittel
17. Is Agricultural Production Becoming More or Less Sensitive to Extreme Heat? Evidence from US Corn and Soybean Yields
Michael J. Roberts and Wolfram Schlenker Comment: James B. Bushnell
18. Carbon Prices and Automobile Greenhouse Gas Emissions: The Extensive and Intensive Margins
Christopher R. Knittel and Ryan Sandler Comment: Matthew J. Kotchen
19. Evaluating the Slow Adoption of Energy Efficient Investments: Are Renters Less Likely to Have Energy Efficient Appliances?
Lucas W. Davis Comment: Olivier Deschênes
Contributors
Author Index
Subject Index
REQUEST ACCESSIBLE FILE
If you are a student who cannot use this book in printed form, BiblioVault may be able to supply you
with an electronic file for alternative access.
Please have the accessibility coordinator at your school fill out this form.
It can take 2-3 weeks for requests to be filled.
ABOUT THIS BOOK | AUTHOR BIOGRAPHY | TOC | REQUEST ACCESSIBLE FILE