The Cost of Climate Policy

Reducing greenhouse gas emissions is a major environmental challenge facing Canada and the world, yet we know little about how to do this, what it will cost, what it means on a personal, business, and community level, and what policy response we should expect from our governments. The Cost of Climate Policy is a comprehensive look at these pressing issues. Using the Kyoto commitment as its focal point, the authors estimate the costs of grenhouse gas emission reduction in Canada. Sectoral and regional costs are presented in terms of their impact on the energy prices, technology options, and lifestyle choices. Causes of cost uncertainty, such as rates of technological change, are identified and explored. The book concludes with concrete proposals for overcoming the constraints of environmental policy making and the high initial costs of action. This book will be of interest to scholars, students, policy makers, and environmentalists who are interested in the economics and policy options affecting climate change.