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Overview"In recent years a growing concern that the increasing accumulation of greenhouse gases will lead to undesirable changes in global climate has resulted in a number of proposals, both in the United States and internationally, to set physical targets for reducing greenhouse gas emissions. But what will these proposals cost? Based on the authors' earlier work, ""Buying Greenhouse Insurance"" outlines a way to think about greenhouse-effect decisions under uncertainty. It describes an model for determining the economic costs of limiting carbon dioxide emissions produced by burning fossil fuels and provides a solid analytical base for rethinking public policy on the far-reaching issue of global warming. Manne and Richels present region-by-region estimates of the costs that would underlie an international agreement. Using a computer model known as Global 2100, they analyze the economic impacts of limiting CO2 emissions under alternative supply and conservation scenarios. The results clearly indicate that a reduction in emissions is not the sole policy response to potential climate change. Following a summary of the greenhouse effect, its likely causes, and possible consequences, Manne and Richels take up issues that concern the public at large. They provide an overview of Global 2100, look at how the US energy sector is likely to evolve under business-as-usual conditions and under carbon constraints, and describe the concept of ""greenhouse insurance"". They consider possible global agreements, including an estimate of benefits that might result from trading in an international market in emission rights. They conclude with a technical description directed toward modelling specialists." Full Product DetailsAuthor: Alan S. Manne , Richard G. RichelsPublisher: MIT Press Ltd Imprint: MIT Press Edition: New ed. Dimensions: Width: 15.70cm , Height: 2.00cm , Length: 23.10cm Weight: 0.454kg ISBN: 9780262132800ISBN 10: 026213280 Pages: 194 Publication Date: 27 May 1992 Recommended Age: From 18 years Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: No Longer Our Product Availability: Out of stock  The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsReviewsAuthor InformationAlan Manne is Professor of Operations Research at Stanford University. Richard Richels is Director of the Energy Analysis and Planning Department at the Electric Power Research Institute. Tab Content 6Author Website:Countries AvailableAll regions |
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