Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation....

This book is divided into seven parts: overview; methods of environmental policy analysis; economic analysis of environmental policy instruments; economics and technical change; natural resource economics - land and water; domestic climate change policy; and international climate change policy....