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Global Climate Change Digest
A Guide to Information on Greenhouse Gases and Ozone Depletion
Published July 1988 through June 1999

FROM VOLUME 5, NUMBER 5, MAY 1992

REPORTS...
OECD STUDIES

The following are available from the Organization for Economic Cooperation and Development through offices throughout the world, including: OECD Pubs., 2001 L St. NW, S-700, Washington DC 20036 (202-785-6323), or OECD, 2 rue André-Pascal, 75775 Paris CEDEX 16, France (tel: 33-1 45.24.82.00).

Item #d92may81

Responding to Climate Change: Selected Economic Issues, 149 pp., 1991, $36. Prepared under the 1990 "Socio-Economic Aspects of Climate Change" activity of the OECD Environment Committee; consists of the following three reports.

"Potential Costs of Adapting to Sea Level Rise in OECD Countries," F. Rijsberman, 13-49. Although sea level rise may impose significant costs on specific locations, the problem may be more manageable than appears at first glance.

"Economic Instruments for Climate Change Policy," S. Barrett, 53-108. Emphasizes that the efficiency savings that might be available from using market instruments would be considerable. Analyzes carbon taxes and tradable carbon permits.

"Economic Analysis of International Environmental Agreements: Lessons for a Global Warming Treaty," S. Barrett, 111-149. The economic questions surrounding negotiations on an international convention on climate change (particularly the free-rider issue) are examined, drawing upon experience from previous international environmental agreements.

Item #d92may82

Climate Change: Evaluating the Socio-Economic Impacts, 109 pp., 1991, $27. Consists of four papers prepared under the "Socio-Economic Aspects of Climate Change" activity of the OECD.

"Evaluating the Socio-Economic Impacts of Climate Change: An Introduction," D. Pearce (Econ. Dept., Univ. College, London), 9-20. Used agriculture and sea level rise as examples to point the way to improved impact assessment methodologies in general. Considerably more study will be needed to quantify these impacts for specific locations.

"Methodological Guidelines for Assessing the Socio-Economic Impacts of Climate Change on Agriculture," S. Sonka (Dept. Agric. Mgmt., Univ. Illinois, Urbana-Champaign, Ill.), 21-43. Reviewed key literature assessing the agricultural impacts of climate change to ascertain the state-of-the-art methods currently employed; documented the extent to which critical concerns (uncertainty, regionalization etc.) have been previously addressed; suggests improvements in existing agricultural impact assessment methodology.

"Modelling the Economic Impacts of Global Climate Change for Agriculture and Trade," S.R. Johnson (Ctr. Agric. & Rural Develop., Iowa State Univ., Ames, Ia.), 45-71. Addresses the choice of modeling methods by reviewing specific modeling issues for linking climate to agriculture and trade in agricultural commodities. Suggests a possible modeling approach using existing or extended and elaborated systems.

"Impacts of Sea Level Rise: An Economic Approach," H.M.A. Jansen (Inst. Environ. Studies, Free Univ., Amsterdam, Neth.), O.J. Kuik, C.K. Spiegel, 73-109. Consolidates available literature and suggests improvements in the methodological approach to assessing the impacts of climate-change-induced sea level rise.

Item #d92may83

OECD Economic Studies, No. 17, Autumn 1991, $25.

"Energy Prices, Taxes and Carbon Dioxide Emissions," P. Hoeller (OECD General Econ. Div.), M. Wallin, 91-105. Reviews policy responses in OECD countries to the threat of global warming; discusses the link between carbon emission intensities and current energy prices; examines the relative price effects of current energy policies and the implicit carbon taxes reflected in present energy taxation of different fuels; looks at the likely effect of a carbon tax on energy prices and emission intensities.

Item #d92may84

OECD Economic Studies, No. 16, 239 pp., Spring 1991, $25. Two papers in this volume relate to climate change.

"Economics and the Environment: A Survey of Issues and Policy Options," J. Nicolaisen (Norwegian Ministry of Finance), A. Dean, P. Hoeller, 7-43. Reviews the main causes for excessive use of environmental resources in a market economy, and discusses the merits of different policy instruments to counter environmental degradation.

"Macroeconomic Implications of Reducing Greenhouse Gas Emissions: A Survey of Empirical Studies," P. Hoeller (OECD General Economics Division), A. Dean, J. Nicolaisen, 45-78. Summarizes the models used in the survey; presents baseline scenarios and emission reduction scenarios. Notes that the climate change issue is a global problem, requiring a global response. To minimize free-rider problems, an international agreement is required which ensures that the maximum number of countries participate.