NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

The Climate Policy Dilemma

Robert S. Pindyck

NBER Working Paper No. 18205
Issued in July 2012

---- Acknowledgements -----

This paper was written for the Review of Environmental Economics and Policy, and is based on my Keynote Address at the 2012 Conference of the Association of Environmental and Resource Economists. My thanks to Chris Knittel, Elizabeth Santorella, Richard Schmalensee, and Rob Stavins for helpful comments and suggestions. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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