ENVIRONMENT AND CLIMATE CHANGE
October 2010
"Analysis of Financial Incentives for Early CCS Deployment"
Discussion Paper
By Mohammed Al-Juaied, Former Visiting Scholar, Energy Technology Innovation Policy research group, 2008–2009
This paper looks at ten different forms of public support for carbon capture and sequestration (CCS) technologies including investment tax credits, accelerated depreciation, production tax credits, loan guarantees, capital grants, allowance allocations, and storage tax credits. The paper compares the cost reduction potential of each option against a conventional coal-to-electricity facility without CCS.
AP Photo
March 8, 2010
"CCS: Competitive Today. We Cannot Wait until Tomorrow"
Op-Ed
By Mohammed Al-Juaied, Former Visiting Scholar, Energy Technology Innovation Policy research group, 2008–2009
"Since last year, American Electric Power Mountaineer has employed CCS on a smaller scale of about 30 megawatts and, as such, is a unique example of CCS technology working today. As CCS scales up from this small size, the risks of capture and transport are negligible, making larger plants possible. Because renewables, for various reasons, cannot be implemented at the large scale sufficient to meet the 80 percent emissions reduction goals, we must deploy CCS for larger-scale commercialization. As a crucial means of decarbonizing some industrial processes, CCS will reduce emissions across industries, allowing chemical producers, for example, to meet their targets."
July 2003
An American Security Policy: Challenge, Opportunity, Commitment
Paper
By Ashton B. Carter, Former Co-Director, Preventive Defense Project, Harvard & Stanford Universities, Dr. William J. Perry, Former Co-Director, Preventive Defense Project, Secretary Madeleine K. Albright, Samuel R. Berger, Louis Caldera, General Wesley K. Clark, Former Senior Advisor, 2001-2009, Preventive Defense Project, General (ret.) John M. Shalikashvili, Former Founding Senior Advisor, Preventive Defense Project, Dr. Elizabeth D. Sherwood-Randall, Former Founding Senior Advisor, Preventive Defense Project, Alfonso E. Lenhardt and John D. Podesta
A paper by the National Security Advisory Group
September 2012
"Climate Negotiations Open a Window: Key Implications of the Durban Platform for Enhanced Action"
Policy Brief
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
The Durban Platform for Enhanced Action represents an important milestone in the history of climate negotiations. The challenge is to find a way to include all key countries in a structure that brings about meaningful emission reduction on an appropriate timetable at acceptable cost, while recognizing the different circumstances of countries in a way that is more subtle, more sophisticated, and more effective than the dichotomous distinction of years past. This policy brief expands upon the authors' Science article, "Climate Negotiators Create an Opportunity for Scholars."
AP Photo
August 31, 2012
"Climate Negotiators Create an Opportunity for Scholars"
Journal Article, Science, issue 6098, volume 337
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
The 1992 United Nations Framework Convention on Climate Change (UNFCCC) launched a process to confront risks posed by global climate change. It has led to a dichotomy between countries with serious emission-reduction responsibilities and others with no responsibilities whatsoever. This has prevented progress, but the Durban Platform for Enhanced Action suggests the prospect for a better way forward and an openness to outside-the-box thinking. Scholars and practitioners have a new opportunity to contribute innovative proposals for a future international climate policy architecture.
AP Photo
November 2011
The Promise and Problems of Pricing Carbon: Theory and Experience
Discussion Paper
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful action at the global level. At the same time, it will inevitably be up to the actions of sovereign nations to put in place policies that bring about meaningful reductions in the emissions of greenhouse gases. Due to the ubiquity and diversity of emissions of greenhouse gases in most economies, as well as the variation in abatement costs among individual sources, conventional environmental policy approaches, such as uniform technology and performance standards, are unlikely to be sufficient to the task. Therefore, attention has increasingly turned to market-based instruments in the form of carbon-pricing mechanisms. We examine the opportunities and challenges associated with the major options for carbon pricing: carbon taxes, cap-and-trade, emission reduction credits, clean energy standards, and fossil fuel subsidy reductions.
October 2011
"The Promise and Problems of Pricing Carbon: Theory and Experience"
Discussion Paper
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
Market-approaches to reducing emissions of greenhouse gases lie at the heart of any cost-effective set of policies put forward in an international agreement—and will be considered at COP 17 in Durban in both the Kyoto and Long-term Cooperative Action discussions. Joseph Aldy and Robert Stavins "examine the opportunities and challenges associated with the major options for carbon pricing: carbon taxes, cap‐and‐trade, emission reduction credits, clean energy standards, and fossil fuel subsidy reductions."
AP Photo
Summer 2011
"What Next on Climate?"
Journal Article, Democracy: A Journal of Ideas, issue 21
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements, Vicki Arroyo, Alex Laskey, Manik Roy, Lexi Schultz and Bryan Walsh
The effort to address climate change stumbled with the failure to pass cap-and-trade. What should happen now? Five experts, including the Harvard Project's Joe Aldy, discuss the future of U.S. climate and energy policy.
December 2009
Post-Kyoto International Climate Policy: Implementing Architectures for Agreement
Book
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
The Harvard Project on International Climate Agreements has commissioned leading scholars to examine a uniquely wide range of core issues that must be addressed if the world is to reach an effective agreement on a successor regime to the Kyoto Protocol. The purpose of the project is not to become an advocate for any single policy but to present the best possible information and analysis on the full range of options concerning mitigation, adaptation, technology, and finance. The detailed findings of the Harvard Project are reported in this volume, which contains twenty-seven specially commissioned chapters.
September 2009
Post-Kyoto International Climate Policy: Summary for Policymakers
Book
By Joseph E. Aldy, Faculty Affiliate, Harvard Project on Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on Climate Agreements
This volume is a highly topical contribution to climate policy debates that offers options, based on cutting-edge social-science research, for an international climate change regime to succeed the Kyoto Protocol when it expires in 2012. It distils key findings from the Harvard Project into an easy reference for policymakers, journalists, and stakeholders.
