by Lars Bergman and Marian Radetzki
published May 2003 ISBN 0 906522 20 X pp. xvi + 120 £13.50
This monograph sets out to describe the evolution of international climate policy since Kyoto, and to analyse the likely consequences of implementing the policies on nations and markets. As an example, impacts on the electricity market in Sweden are considered in some detail. Authors Lars Bergman and Marian Radetzki generated this work from research carried out under the auspices of SNS, Centre for Business and Policy Studies, Stockholm, a leading Swedish think-tank. The rigorous economic analysis this monograph offers is aimed, firstly, at the politicians and civil servants responsible for formulating and monitoring policy; secondly at senior executives in the energy production sector and other industries responsible for large greenhouse gas emissions, the activities of whose business are the most likely to be affected by climate policy measures. For both groups, it is crucial that policies are good, in that they are scientifically valid, that they contain efficient instruments for achieving their purposes, and that risks of unintended consequences are minimised.
Main chapters are:
Global and European climate policy directions: "Setting the scene"
Global and European climate policy and fossil fuel markets
The impact of climate policy on growth and structural change
Climate policy and the Swedish electricity market
What have we learnt and where do we go from here