Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as well as the costs and benefits of policies that might reduce emissions. As nations work to develop climate policies, economic insights into their design and implementation are ever more important. This volume looks at the possible effects of various climate policies on economic outcomes. The studies examine topics that include coordination - or lack thereof - between the federal and state governments and the specific consequences of various climate policies for the agricultural, automotive, and buildings sectors.
Don Fullerton is the Gutgsell Professor in the Department of Finance at the University of Illinois at Urbana-Champaign, where he is also a faculty associate at the Institute of Government and Public Affairs. Catherine Wolfram is associate professor of business administration at the Haas School of Business, University of California, Berkeley, and a research associate of the NBER.