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By Dieter Helm

The probability posed by way of weather swap has no longer but been matched via financial regulations that may convey sharp rate reductions in carbon emissions. The Kyoto Protocol has now not got help from america, and ratification has been behind schedule by means of Russia's reluctance to enroll- either partly due to its bills. Few eu nations are on track to fulfill their very own nationwide pursuits. as a result, there's a look for a post-Kyoto framework, new associations and new fiscal guidelines to unfold the prices and meet them in an economically effective means. This quantity offers an summary of the economics of weather swap, the coverage techniques, and the scope for making major carbon reductions.

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Climate-change Policy by Dieter Helm


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