The current state of knowledge on climate change and water points to predominantly negative effects. This paper reviews the literature on these effects by geographical region and notes the differences as well as the uncertainties. An important feature is the fact that the climate effects will...

This paper investigates the relative economic and environmental outcomes of price versus quantity mechanisms to control GHG emissions when abatement costs are uncertain. In particular, we evaluate the impacts on policy costs, CO2 emissions and energy R&D for a stringent mitigation target of 550...