ENVIRONMENTAL ECONOMICS
AP Photo
September 20, 2009
"The Essential Pillars of a New Climate Pact"
Op-Ed, Boston Globe
By Sheila M. Olmstead, Former Research Fellow, Environment and Natural Resources Program, 2001–2002 and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
THE climate change summit at the United Nations on Tuesday is aimed to build momentum for the 15th Conference of the Parties to the UN Framework Convention on Climate Change in Copenhagen in December, where nations will continue negotiations on a successor to the 1997 Kyoto Protocol, which expires in 2012. To be successful, any feasible successor agreement must contain three essential elements: meaningful involvement by a broad set of key industrialized and developing nations; an emphasis on an extended time path of emissions targets; and inclusion of policy approaches that work through the market, rather than against it.
Photo by Martha Stewart
August 7, 2009
"Climate change requires an energy technology revolution, Chu says"
News
By Beth Maclin, Communications Assistant
Secretary of Energy Steven Chu discussed the need for an aggressive national energy policy at a packed John F. Kennedy Jr. Forum event, “Laying the Foundation for the Next Generation of Clean Energy Jobs,” on August 6, 2009. He outlined challenges of global warming and potential strategies that could provide solutions.
AP Photo
June 1, 2009
"Cap-and-Trade: All Cost, No Benefit"
Op-Ed, Washington Post
By Martin Feldstein, George F. Baker Professor of Economics at Harvard University
"The Obama administration and congressional Democrats have proposed a major cap-and-trade system aimed at reducing carbon dioxide emissions. Scientists agree that CO2 emissions around the world could lead to rising temperatures with serious long-term environmental consequences. But that is not a reason to enact a U.S. cap-and-trade system until there is a global agreement on CO2 reduction. The proposed legislation would have a trivially small effect on global warming while imposing substantial costs on all American households. And to get political support in key states, the legislation would abandon the auctioning of permits in favor of giving permits to selected corporations."
Belfer Center Photo
Summer 2009
"A Proposed Global Climate Policy Architecture"
Newsletter Article, Belfer Center Newsletter
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
A Conference of Parties to the UN Framework Convention on Climate Change will meet in Copenhagen in December to try to decide a successor regime to the Kyoto Protocol. This study offers a proposal that builds on the foundations of Kyoto, in that it accepts the framework of national targets for emissions and tradable permits. But it attempts to solve the most serious deficiencies of that agreement: the need for long-term targets, the absence of participation by the United States and developing countries, and the incentive for countries to fail to abide by their commitments. Although there are many ideas to succeed the Kyoto Protocol, the existing proposals are typically based on just one or two out of the following three factors: science (e.g., capping global concentrations at 450 ppm) or equity (equal emissions per capita across countries) or economics (weighing the economic costs of aggressive short-term cuts against the long-term environmental benefits). The plan for emissions reductions proposed in this paper is more practical because it is based heavily on politics, in addition to those three considerations.
Photo by Lindsay Lecky
May 18, 2009
"New York Business Roundtable: Key Takeaways"
Event Summary
By Sasha Talcott, Director of Communications and Outreach
With the U.S. Congress currently debating whether and how to establish a domestic cap-and-trade system to address climate change, the outcome of those discussions is critical to global climate negotiations in Copenhagen and beyond, according to a roundtable discussion on post-Kyoto climate policy hosted by Barclays Capital on April 30, 2009, with insights from the Harvard Project on International Climate Agreements.
The business roundtable in New York, which included participants from a range of industries and key government officials, looked at the implications of U.S. domestic climate policy for the international process, the current state of the Waxman-Markey bill in the U.S. Congress, and the future of national and global carbon markets.
Photo by Robert C. Stowe
May 13, 2009
"Robert Stavins Named to the Energy and Environmental Markets Advisory Committee at the U.S. Commodity Futures Trading Commission"
Press Release
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
Robert Stavins, Albert Pratt Professor of Business and Government at Harvard Kennedy School and a member of the Board of Directors at the school's Belfer Center, has been appointed to a new position in the Energy and Environmental Markets Advisory Committee at the U.S. Commodity Futures Trading Commission.
April 2009
"Global Environment and Trade Policy"
Discussion Paper
By Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth
Global environmental goals and trade goals can be reconciled. Globalization and multilateral institutions can facilitate environmental protection rather than obstruct it, if they are harnessed in the right way. Perhaps most urgent is that negotiators working on a sequel to the Kyoto Protocol agree on guidelines to govern precisely how individual countries can and cannot use trade measures in pursuit of carbon mitigation.
Rob Stowe
Spring 2009
"Climate Team Suggests Post-Kyoto Ideas"
Newsletter Article, Belfer Center Newsletter
By Sasha Talcott, Director of Communications and Outreach
A new report from the Harvard Project on International Climate Agreements outlined several promising ideas for successors to the Kyoto Protocol ... guidance on the most intractable challenges facing global climate negotiators, including participation by developing countries, how to reduce deforestation, and how to prevent a "collision" between climate policy and international trade law
Belfer Center
Spring 2009
"Center Hosts Al Gore and Top Energy/Climate Experts in Climate Solutions Summit"
Newsletter Article, Belfer Center Newsletter
By Sharon Wilke, Associate Director of Communications
The Belfer Center hosted former Vice President and Nobel Laureate Al Gore and 30 of the United States' top energy and climate experts in October for a "Solutions Summit" on the climate challenge ... participants brainstormed concrete solutions to producing carbon-free electricity, using as a starting point Gore’s July 2008 Generational Challenge to Repower America, which calls on the nation to produce 100 percent of America's electricity from renewable energy and truly clean carbon-free sources within ten years.
February 4, 2009
"European Proposal For a Global Pact on Climate Change"
Policy Brief
By Sasha Talcott, Director of Communications and Outreach
The January 23, 2009, release of the European Union (EU)'s proposal for a global pact on climate change marks a major step on the road to the 15th Conference of the Parties in Copenhagen. The European blueprint raises several interesting issues for further discussion and consideration.
The Harvard Project on International Climate Agreements, as a matter of course, does not endorse individual countries' negotiating positions. Nevertheless, the European climate platform discusses several issues that will be important moving forward. The Harvard Project's 26 research teams have examined these issues closely.
