Contents
Acknowledgments ix
Introduction xi
one Summary for the Concerned Citizen 1
two Background and Description
of the DICE Model 30
three Derivation of the Equations
of the DICE-2007 Model 38
four Alternative Policies for Global Warming 65
five Results of the DICE-2007 Model Runs 80
six The Economics of Participation 116
seven Dealing with Uncertainty
in Climate-Change Policy 123
eight The Many Advantages of Carbon Taxes 148
nine An Alternative Perspective: The Stern Review 165
ten Summary and Conclusions 192