"The Kyoto Protocol was at best an imperfect and
incomplete first step toward an effective response to the
enormously difficult problem of climate change, which is
characterized by huge stakes, great uncertainties, global
scope, and a time-scale measured in decades or centuries. In
this important volume, Joseph Aldy, Robert Stavins, and a
host of distinguished contributors provide a thoughtful
exploration of a range of alternative post-Kyoto top-down
and bottom-up regimes and their implications. This book
should be read by everyone who takes climate change
seriously as a policy problem"
Richard Schmalensee, John C. Head III Dean, Emeritus, MIT
Sloan School of Management.