'Whitesell's book should be a must-read for anybody attempting to tackle the challenge of our warming Earth. Rather than presenting the black-or-white, all-or-nothing picture that so often characterizes our political debate, Whitesell provides the reader with the shades of gray that truly dominate the debate, and provides a sense of the risk management decisions necessary to attack the resulting uncertainty. May our leaders find a way to bring as sophisticated an approach to the great challenge of climate change!' Timothy Profeta, Duke University
Introduction; Part I. Earth's Climate History and Outlook: 1. Salient events of climate history; 2. Human and climate interactions; 3. Greenhouse gases; 4. Emitting economic sectors; 5. Forecasts of GHG emissions and global temperatures; 6. Potential impacts of climate change; Part II. Climate Policy Choices: 7. Climate policy goals; 8. Policy mandates and market-based approaches; 9. The design of cap-and-trade programs; 10. Prices, quantities and lessons from monetary policy; 11. The outlook for climate policies; Appendix: discount rates in climate analysis.