Summary

This unique book examines the problem of global warming from the perspective of Asian Pacific countries. The unprecedented economic and demographic growth over the past two decades has increased the importance of the Asian Pacific region. It has become both a very large source of greenhouse gases as well as an important site to measure climate change impacts.

Complex economic tools including computable general equilibrium models, international input-output models and engineering-economic models are used to assess the baseline emission levels and abatement costs for the economies examined. All outcomes suggest that abatement is possible, but will be expensive. The studies also suggest that the more energy efficient the economy, the higher the costs of further abatement. The book reveals how Asian countries in the tropics are more likely to be harmed than those in the temperate zone.

Alternative strategies to mitigate carbon emissions such as energy conservation, emission permit trading, carbon tax, and carbon sequestration are examined to tackle the difficult problem of establishing effective policy tools to control warming in the Asian Pacific and the globe. While no single author provides a complete answer to this complex problem, all authors provide vital information and new ideas with which to fashion workable international and regional policies.

Global Warming and the Asian Pacific is likely to be read by scholars and researchers of Asian studies, environmental and resource economics, as well as policymakers and those specifically involved in global warming research and policy.