This paper assesses the value of the non-global warming externalities associated with energy use. The estimates of the full social cost energy prices based on this "no regrets" approach imply environmental costs that often greatly exceed current tax amounts. The midpoint estimates suggest that...

Different risks of death are not equivalent because of differences in timing. This paper develops measures of mortality risks that recognize the probability of death, the duration of life lost, and the role of discounting. These adjustments lead to a substantial reordering of the major causes of...

If, as argued elsewhere, geoengineering represents the most efficient and effective first step towards a solution of the global climate change problem, it is important to analyze how such a geoengineering effort might best be organized. A number of possible organizations are discussed and...

Proponents of greenhouse gas emissions reductions have long assumed that such reductions are the best approach to global climate change control and sometimes argued that they are the least risky approach. It is now generally understood that to be effective such reductions would have to involve...

Many environmentalists and some developed nations appear to have concluded that there is one Many environmentalists and some developed nations appear to have concluded that there is one climate change problem, global warming, and that there is only one solution to it, reducing greenhouse gas...