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The Economics of Climate Change Mitigation
Policies and Options for Global Action beyond 2012
OECD Publishing , Publication date:  28 Sep 2009
Pages: 302 , Language: English
Version: Print (Paperback) + PDF
ISBN: 9789264056060 , OECD Code: 972009011P1
Price:   €40 | $54 | £34 | ¥5000 | MXN720 , Standard shipping included!
Availability: Available (Print on Demand)
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Other languages:  French (Available)
Other Versions:  E-book - PDF Format

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Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost. Through quantitative analysis, it addresses key climate policy issues including: an ideal set of climate policy tools; the size of the economic and environmental costs of incomplete country or sector coverage of climate change mitigation policies;  how to concretely develop a global carbon market; the case for, and what can we reasonably expect from, R&D and technology support policies; and  the incentives for major emitting countries to join a climate change mitigation agreement.

Table of contents:

Acronyms and Abbreviations
Executive Summary
Chapter 1. Greenhouse Gas emissions and the Impact of Climate Change
-Past emission trends
-Projected emission trends
-The consequences of climate change
-Risks and uncertainties
-Scenarios for stabilising GHG emissions
Chapter 2. The Cost-Effectiveness of Climate Change Mitigation Policy Instruments
-A simple framework for thinking about climate mitigation policy instruments
-Instruments to mitigate climate change
-Interactions across policy instruments
Chapter 3. Mitigating Climate Change in the Context of Incomplete Carbon Pricing Coverage: Issues and Policy Options
-Implications of incomplete coverage for the costs and effectiveness of mitigation action
-Implications for carbon leakage and competitiveness
-Pros and cons of policy alternatives to address leakage and competitiveness issues
-Incorporating deforestation and forest degradation into an international mitigation action plan
Chapter 4. Towards Global Carbon Pricing
-Removing environmentally-harmful energy subsidies
-The direct linking of emission trading schemes
-The role of emission crediting mechanisms and related challenges
-The potential and limitations of sectoral approaches
-Regulatory issues and the role of financial markets
Chapter 5. Technology and R&D Policies
-Recent spending trends in energy-related R&D
-Policy instruments to stimulate R&D technology deployment
Chapter 6. Regional Incentives for Global Action
-Broad-based international mitigation and incentives for action
-Enhancing participation incentives through co-benefits of mitigation policies
-Enhancing particiaption incentives through financial transfers
Chapter 7. Building Support for Global Action
-A review of the instruments currently in use
-Copmaring mitigation costs and emission reductions across countries
-Policies to building global support for action
Annex 1. Long-Run GDP Growth Framework and Scenarios for the World Economy
Annex 2. An Overview of the OECD ENV-Linkages Model
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