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Role of Control Costs in Developing Climate Change Policy

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External Environmental Costs of Electric Power
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Abstract

There is consensus among scientists that escalating concentrations of atmospheric greenhouse gases are likely to result in increased mean global temperatures over the next century. However, there is considerable uncertainty with respect to the magnitude of this warming trend, its timing, and the severity of its impacts (DOE 1990; EPA 1989; IPCC 1990). Most of the current debate is focused on the degree and timing of the warming trend, not on whether or not it will occur. It is likely that intense debate on the impacts, political pressure is mounting for some carbon mitigating policy action to be implemented in the near future.

The views and opinions expressed in this paper are solely those of the author and do not necessarily state or reflect the views, opinions or policies of the New York State Energy Office.

The author wishes to acknowledge Karl Michael, Jianguo Wang and Tony Joseph for their help in preparing this paper.

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© 1991 Springer-Verlag Berlin · Heidelberg

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Sanghi, A.K. (1991). Role of Control Costs in Developing Climate Change Policy. In: Hohmeyer, O., Ottinger, R.L. (eds) External Environmental Costs of Electric Power. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-76712-8_20

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  • DOI: https://doi.org/10.1007/978-3-642-76712-8_20

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-76714-2

  • Online ISBN: 978-3-642-76712-8

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