Hertford Seminars in Regulation for the Regulatory Policy Institute Tackling Global Warming: Market Instruments or Regulatory Solutions OXERA Environmental Ltd Tel: + 44 (0) 1865 251142, Fax: + 44 (0) 1865 204606 October 2nd 1998 Introduction Global warming is now officially recognised. Never...

Climate change is one of the most important and probably most challenging of environmental issues facing the world this century. Except climate change is more than an environmental problem. It is also an important political, social and most importantly an economic challenge due to the fact that how...