Economics is proving essential in addressing climate change and other environmental threats by identifying the causes and consequences and designing the best policy response. This discussion, held at Harvard Kennedy School on May 15, 2014 with Rohini Pande, Mohamed Kamal Professor of Public Policy, and Robert N. Stavins, Albert Pratt Professor of Business and Government, explains the economics and explores the potential of cap-and-trade and other market-based approaches to environmental protection and chart their implementation in diverse contexts, including Europe, India, and the United States.

свернуть