Effort to develop a mandatory climate policy is accelerating and it seems likely that a national market-based strategy for dealing with climate change is on the near term horizon. Key provisions are likely to include a cap on selected greenhouse …
Over the next century, global climate change is likely to have substantial consequences for the economy of the United States and the welfare of its citizens. As scientists work to narrow remaining uncertainties about the magnitude and timing of future …
The U.S. economy has proven both resilient and adaptive over the past century. From the “bust” of the Great Depression to the current “boom” associated with information technology, the economy’s ability to adapt stems largely from the substitution possibilities within …