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May 2008

Climate Change: Expert Opinion on the Economics of Policy Options to Address Climate Change

Report

By U.S. Government Accountability Office, Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements

"...GAO was asked to elicit the opinions of experts on (1) actions the Congress might consider to address climate change and what is known about the potential benefits, costs, and uncertainties of these actions and (2) the key strengths and limitations of policies or actions to address climate change. GAO worked with the National Academy of Sciences to identify a panel of noted economists with expertise in analyzing the economic impacts of climate change policies and gathered their opinions through iterative, Web-based questionnaires. The findings reported here represent the views of the 18 economists who responded to both questionnaires."

Two of the 18 economists who participated were Harvard Project on International Climate Agreements Co-Directors Joseph Aldy and Robert Stavins. In addition, two other participating economists, James Edmonds of the Pacific Northwest National Laboratory and William Pizer of Resources for the Future, are members of Harvard Project research teams.

 

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