This volume reviews the economics of Climate Change with particular emphasis on Belgian and European policy making. It is mainly based on policy papers from the CLIMNEG consortium financed by the Belgian Science Policy Office within the framework of the SPSDII research program. The volume covers all aspects of climate policy. Starting with the economics of climate change on a global level and how to deal with the scientific uncertainty of future environmental damages and costs, the volume discusses the progress made in the economics of international negotiations: which agreements work and are stable. Europe has always been a forerunner when it comes to climate change policy. This volume discusses possible post-Kyoto commitments for the European Union and it also provides an in-depth view on the workings of the European carbon permit market and the role of banking of permits. More specifically for Belgium, this volume includes contributions on the role of Clean Development Mechanisms (CDM), the impact of climate change policy on industrial activity as well as on the transport sector, the electricity production and the role of biomass production. The contributors to this volume are researchers at the Center for Economic Studies (K.U.Leuven), the Center for Operations Research (UCL) and the Georges Lemaître Institute for Astronomy and Geophysics (UCL).
Willems, B., Eyckmans, J., & Proost, S. (2005). Economic Aspects of Climate Change Policy: A European and Belgian Perspective. https://hdl.handle.net/2078.5/274793