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    Newell, Richard G, and Robert N Stavins. “Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration.” Journal of Environmental Economics and Management 40 (2000): 211–235. Publisher's VersionAbstract

    The possibility of encouraging the growth of forests as a means of sequestering carbon dioxide has received considerable attention, partly because of evidence that this can be a relatively inexpensive means of combating climate change. But how sensitive are such estimates to specific conditions? We examine the sensitivity of carbon sequestration costs to changes in critical factors, including the nature of management and deforestation regimes, silvicultural species, relative prices, and discount rates.

    A-30

    Carraro, Carlo, Charles D Kolstad, and Robert N Stavins. “Assessment and Communication of the Social Science of Climate Change: Bridging Research and Policy” (2015). Publisher's VersionAbstract

    On February 18-20, 2015, twenty-four experts gathered in Berlin to explore approaches to improving the process by which research on climate change is assessed – with a focus on the social-sciences (economics, political science, policy studies). The workshop was sponsored by the Fondazione Eni Enrico Mattei, the Harvard Project on Climate Agreements, the Mercator Research Institute on Global Commons and Climate Change, and the Stanford Environmental and Energy Policy Analysis Center. Leaders of three of the sponsoring organizations, Carlo Carraro (FEEM), Charles Kolstad (Stanford University), and Robert Stavins (Harvard Kennedy School), have prepared a memorandum drawing from the workshop. The memo describes the specific challenges and opportunities facing the Intergovernmental Panel on Climate Change (IPCC) and provides recommendations for improving the IPCC's process of assessing scientific research on climate change.

    A-83

    Stavins, Robert N. “An Unambiguous Consequence of the Durban Climate Talks.” Review of Environment, Energy, and Economics (2012): 1-4. Publisher's VersionAbstract

    One of the major outcomes of the Durban Climate Conference in 2011 was the 'Durban Platform for Enhanced Action' - a non-binding agreement to forge a new treaty by 2015 that will bring all countries under the same legal regime by 2020. This article will explain why the 'Durban Platform for Enhanced Action' has opened an important window in climate talks.

    A-69

    Fowlie, Meredith, Lawrence Goulder, Matthew Kotchen, Severin Borenstein, James Bushnell, Lucas Davis, Michael Greenstone, et al.An Economic Perspective on the EPA's Clean Power Plan.” Science 346 (2014): 815–816. Publisher's VersionAbstract

    In June, the Obama Administration unveiled its proposal for a Clean Power Plan, which it estimates would reduce carbon dioxide (CO2) emissions from existing U.S. power plants 30% below 2005 levels by 2030 (see the chart). Power plant emissions have declined substantially since 2005, so the plan is seeking reductions of about 18% from current levels. Electricity generation accounts for about 40% of U.S. CO2 emissions.

    A-81

    Stavins, Robert N. “Alternative Renewable Resource Strategies: A Simulation of Optimal Use.” Journal of Environmental Economics and Management 19 (1990): 143–159. Publisher's VersionAbstract

    The depletion of forested wetlands is a pressing environmental concern, but has wetland depletion and conversion to agricultural cropland been excessive? A dynamic analysis of resource exploitation in the presence of environmental consequences is required. The structure and parameters of a model of socially optimal wetland use are found to bear a well-defined relationship to those which emerge from a private-market model of wetland exploitation, providing a basis for internalizing environmental externalities and for identifying optimal resource-exploitation strategies. Empirical analysis focuses on the area of severest wetland losses in the United States, the Lower Mississippi Alluvial Plain.

    A-5

    Stavins, Robert N. “Addressing Climate Change with a Comprehensive Us Cap-and-Trade System.” Oxford Review of Economic Policy 24 (2008): 298 –321. Publisher's VersionAbstract

    There is growing impetus for a domestic US climate policy that can provide meaningful reductions in emissions of carbon dioxide (CO2) and other greenhouse gases. I describe and analyse an up-stream, economy-wide CO2 cap-and-trade system which implements a gradual trajectory of emissions reductions (with inclusion over time of non-CO2 greenhouse gases), and includes mechanisms to reduce cost uncertainty. Initially, half of the allowances are allocated through auction and half through free distribution, with the share being auctioned gradually increasing to 100 per cent over 25 years. The system provides for linkage with emission-reduction credit projects in other countries, harmonization over time with effective cap-and-trade systems in other countries and regions, and appropriate linkage with actions taken in other countries, in order to establish a level playing field among domestically produced and imported products.

    A-57

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