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Climate Realism

The Climate Realism Initiative charts a novel, pragmatic course for U.S. energy and climate policy that is both realistic in forecasting climate impacts and U.S. leverage as well as realist in assessing that countries will compete and pursue policies to advance their own interests.

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FinancingEnergyTechnologies
zhengshun tang

A gap in private funding for companies and projects inhibits energy innovation in the United States. This “missing middle” slows or blocks technologies that could help the energy system become more secure, affordable, reliable, and sustainable from advancing through the demonstration and scale-up stages. Recent events have made the missing middle wider.

Through the Climate Realism Initiative, CFR will help shape how American leadership—through innovation, private sector investment, and targeted international cooperation—can advance resilience and competitiveness, and avoid the worst consequences of our climate future.

Michael Froman

CFR President Michael Froman

The Three Pillars of Climate Realism

Navigating the Geopolitics and Risks of a Warming World

Preparing to safeguard American interests as the world exceeds its climate targets by grappling with geopolitical upheaval from global droughts, disasters, and migration; approaching new areas of military and economic competition such as the Arctic; and investing in resilience and adaptation to protect the homeland.

Accelerating Clean Technology Innovation and U.S. Competitiveness

Unleashing American global competitiveness in emerging energy markets by scaling innovations from next-generation batteries to power systems for artificial intelligence, guiding U.S. trade and industrial policy to balance the tradeoffs of the energy transition, and preserving U.S. global leadership in energy.

Averting Catastrophic Global Climate Change

Seeking to avert the most catastrophic planetary tipping points and climate impacts by marshaling levers of soft and hard power to curtail foreign emissions as well as advancing the technical readiness of and strategic approach for geoengineering.

Experts

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Alice C. Hill

David M. Rubenstein Senior Fellow for Energy and the Environment

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