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This text on the economics of climate change and climate policy can be used at three different levels - advanced undergraduate, post-graduate and doctoral. It covers the critical issues and clearly identifies the specific sections each level of reader should explore
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The Intergovernmental Panel on Climate Change has a monopoly on the provision of climate policy advice at the international level and a strong market position in national policy advice. This may have been the intention of the founders of the IPCC. I argue that the IPCC has a natural monopoly, as...
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