The Design and Implementation of Us Climate Policy

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 the various policies that might reduce emissions of greenhouse gases. As nations work to develop climate policies, economic insights into their design and implementation are ever more important.

With a balance between theoretical and empirical approaches, The Design and Implementation of US Climate Policy looks at the possible effects of various climate policies on a range of economic outcomes. The studies that comprise the volume examine topics that include the coordination—or lack thereof—between the federal and state governments, implications of monitoring and enforcing climate policy, 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 both the Institute of Government and Public Affairs and the Center for Business and Public Policy. He is a research associate and director of the Program on Environmental and Energy Economics at the NBER. 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.