The Economics of Climate Change Mitigation

Policies and Options for Global Action beyond 2012

image of The Economics of Climate Change Mitigation

Against the background of a projected doubling of world greenhouse gas emissions by mid-century, this book explores feasible ways to abate them at least cost. Through quantitative analysis, it addresses key climate policy issues including: an ideal set of climate policy tools; the size of the economic and environmental costs of incomplete country or sector coverage of climate change mitigation policies;  how to concretely develop a global carbon market; the case for, and what can we reasonably expect from, R&D and technology support policies; and  the incentives for major emitting countries to join a climate change mitigation agreement.

English Also available in: French

Technology and R&D Policies

This chapter explores the impact of various policy instruments to stimulate R&D and technology deployment, using a model that incorporates the process of technological change and innovation, i.e. induced technological change. It starts with a review of spending trends in energy-related R&D, followed by an assessment of the impact of R&D policies and spending on innovation and technology deployment. The chapter continues with an analysis of the effects of carbon pricing and technology policies on the costs of mitigating climate change. Finally, it addresses the question of whether technology policies will work in the absence of carbon pricing.

English Also available in: French


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error