The Canadian oil sands present an important challenge to policymakers: they promise energy security benefits but present climate change problems. Michael A. Levi assesses the energy security and climate change effects of the oil sands and makes recommendations for U.S. policymakers within the context of broader bilateral relations with Canada.
Authors: Frances Beinecke, Jeffrey D. Sachs, Fred Krupp, Roger A. Pielke Jr., Robert N. Stavins, Charles Komanoff, Eileen B. Claussen, and Baruch Fischhoff
The days of freely dumping greenhouse gases into the atmosphere are coming to an end, but how best to price carbon emissions remains in dispute. As the U.S. Congress debates the issue, Yale Environment 360 asked eight experts to discuss the merits of a cap-and-trade system versus a carbon tax.
This Pew Center study takes a close look at the historical relationship between energy prices and U.S. production and consumption of energy-intensive goods. The authors suggest that energy-intensive manufacturers are likely to face only modest "competitiveness" impacts under a U.S. greenhouse gas cap-and-trade program.
Executives and public policy makers should familiarize themselves with the technologies involved in carbon capture and storage (CCS) as they work toward reducing carbon dioxide levels in the atmosphere, McKinsey's Climate Change Special Initiative reports.
Yvo de Boer, who heads the UN Framework Convention on Climate Change, says global economic woes are a setback for climate change policy but new U.S. leadership is a "huge signal of encouragement to the international community."
As the U.S. Congress takes on President Obama's call for a cap-and-trade system, Kevin M. Dempsey, a partner at Dewey & LeBoeuf, argues that it should look toward Europe's experience. In the second part of his Globalist Paper, he explains the benefits of carbon auctions--and the complications they may create under WTO law.
This module features teaching notes by Michael A. Levi, director of the CFR-sponsored Independent Task Force report, Confronting Climate Change: A Strategy for U.S. Policy, along with other resources to supplement the text. This report lays out a U.S. negotiating proposal for a global climate accord, including what the United States should be willing to offer and what it should expect others to do in order to confront climate change.
Authors: David G. Victor, M. Granger Morgan, Jay Apt, John D. Steinbruner, and Katharine Ricke
As climate change accelerates, policymakers may have to consider "geoengineering" as an emergency strategy to cool the planet. Engineering the climate strikes most as a bad idea, but it is time to start taking it seriously.
The idea of creating green jobs drew great attention as the stimulus package made its way through Congress. Defining those jobs is difficult, however, and economists say many may simply displace existing jobs in the old carbon-based economy.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.