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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 7, NUMBER 10, OCTOBER 1994

BOOKS AND PROCEEDINGS... ECONOMICS & TAXATION

Item #d94oct79

The Economics of Climate Change: Proceedings of an OECD/IEA Conference (Paris, June 1993), 320 pp., 1994, $40, FF250, DM75 (OECD).

Contains the texts of presented papers and summaries of subsequent discussions. Provides an overview of the state of the art in the field and makes suggestions for future research.

Item #d94oct80

Managing the Global Commons--The Economics of Climate Change, W.D. Nordhaus, 232 pp., 1994, $32.50 (MIT).

Provides a detailed analysis of DICE (Dynamic Integrated Model of Climate and Economy) and its results. An important advance is the construction of a small model to encompass the primary components of the climate-economic system within an optimization framework. Examines several different approaches to climate change policy, from no controls to a 10-year delay. Observes that even with technological breakthroughs and controls, the momentum of past greenhouse gas emissions, coupled with great inertia in climate change policy, will lead to an inevitable rendezvous with massive climate change.

Item #d94oct81

Valuing the Environment: Methodological and Measurement Issues, R. Pethig, Ed., $137, July 1994 (Kluwer).

Contains a major section on energy-related valuation procedures.

Item #d94oct82

Tax Policy and the Economy, Vol. 8, J.M. Poterba, Ed., 200 pp., May 1994, $28.95 hbk./$14.95 pbk. (MIT).

Presents new research relating to the effects of taxation on economic performance, including a chapter, "The Efficiency Cost of Energy Taxes."

Item #d94oct83

Economic Incentives and Environmental Policies: Principles and Practice, J.B. Opschoor, R.K. Turner, Eds., 1994, $120 (Kluwer).

Contains papers relating to the economic analysis of environmental policy instruments; the empirical aspects of economic instruments (including carbon taxes as related to domestic policy); and product cycles, innovation and design of economic instruments.

Item #d94oct84

Integrating Economics, Ecology and Thermodynamics, M. Ruth, 264 pp., 1993, $119 (Kluwer).

Provides a first step in identifying and combining the principles of these fields on a fundamental level.

Item #d94oct85

The European Carbon Tax: An Economic Assessment, C. Carraro, D. Siniscalco, Eds., 288 pp., $105 (Kluwer).

Examines the debate over this tax in terms of its global impacts, effects on income distribution, coordination among European countries, and introduction unilaterally across Europe or in concert with other industrialized countries.