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Designing climate mitigation policy

Publication ,  Journal Article
Aldy, JE; Krupnick, AJ; Newell, RG; Parry, IWH; Pizer, WA
Published in: Journal of Economic Literature
December 1, 2010

This paper provides (for the nonspecialist) a highly streamlined discussion of the main issues, and controversies, in the design of climate mitigation policy. The first part of the paper discusses how much action to reduce greenhouse gas emissions at the global level is efficient under both the cost-effectiveness and welfare-maximizing paradigms. We then discuss various issues in the implementation of domestic emissions control policy, instrument choice, and incentives for technological innovation. Finally, we discuss alternative policy architectures at the international level.

Duke Scholars

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Published In

Journal of Economic Literature

DOI

ISSN

0022-0515

Publication Date

December 1, 2010

Volume

48

Issue

4

Start / End Page

903 / 934

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics
 

Citation

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Aldy, J. E., Krupnick, A. J., Newell, R. G., Parry, I. W. H., & Pizer, W. A. (2010). Designing climate mitigation policy. Journal of Economic Literature, 48(4), 903–934. https://doi.org/10.1257/jel.48.4.903
Aldy, J. E., A. J. Krupnick, R. G. Newell, I. W. H. Parry, and W. A. Pizer. “Designing climate mitigation policy.” Journal of Economic Literature 48, no. 4 (December 1, 2010): 903–34. https://doi.org/10.1257/jel.48.4.903.
Aldy JE, Krupnick AJ, Newell RG, Parry IWH, Pizer WA. Designing climate mitigation policy. Journal of Economic Literature. 2010 Dec 1;48(4):903–34.
Aldy, J. E., et al. “Designing climate mitigation policy.” Journal of Economic Literature, vol. 48, no. 4, Dec. 2010, pp. 903–34. Scopus, doi:10.1257/jel.48.4.903.
Aldy JE, Krupnick AJ, Newell RG, Parry IWH, Pizer WA. Designing climate mitigation policy. Journal of Economic Literature. 2010 Dec 1;48(4):903–934.

Published In

Journal of Economic Literature

DOI

ISSN

0022-0515

Publication Date

December 1, 2010

Volume

48

Issue

4

Start / End Page

903 / 934

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3802 Econometrics
  • 3801 Applied economics
  • 14 Economics