climate policy

Greener Stimulus? Economic Recovery and Climate Policy

In this edition of Columbia Energy Exchange, host Jason Bordoff and Professor Joseph Aldy explore the role of climate-change and broader environmental policy in the U.S. federal government’s emergency economic stimulus funding package.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Greener Stimulus? Economic Recovery and Climate Policy

In this edition of Columbia Energy Exchange, host Jason Bordoff and Professor Joseph Aldy explore the role of climate-change and broader environmental policy in the U.S. federal government’s emergency economic stimulus funding package.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Greener Stimulus? Economic Recovery and Climate Policy

In this edition of Columbia Energy Exchange, host Jason Bordoff and Professor Joseph Aldy explore the role of climate-change and broader environmental policy in the U.S. federal government’s emergency economic stimulus funding package.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Greener Stimulus? Economic Recovery and Climate Policy

In this edition of Columbia Energy Exchange, host Jason Bordoff and Professor Joseph Aldy explore the role of climate-change and broader environmental policy in the U.S. federal government’s emergency economic stimulus funding package.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

Greener Stimulus? Economic Recovery and Climate Policy

In this edition of Columbia Energy Exchange, host Jason Bordoff and Professor Joseph Aldy explore the role of climate-change and broader environmental policy in the U.S. federal government’s emergency economic stimulus funding package.




climate policy

Next Moves on Climate Policy: A Conversation with Sue Biniaz

Sue Biniaz, former lead climate negotiator for the United States, shared her thoughts on the postponement of COP-26, and on the possible re-engagement of the U.S. in the international effort to address climate change in the newest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program,” a podcast produced by the Harvard Environmental Economics Program.




climate policy

India's energy and climate policy


In Paris this past December, 195 nations came to an historical agreement to reduce carbon emissions and limit the devastating impacts of climate change. While it was indeed a triumphant event worthy of great praise, these nations are now faced with the daunting task of having to achieve their intended climate goals. For many developing nations this means relying heavily on financial and technical assistance from developed nations of the world. Additionally, many developing nations are not solely concerned about climate change, but also prioritize expanding electricity access to their peoples in order to move toward a better standard of living. No country exemplifies this dichotomy more than India.

India’s Prime Minister Narendra Modi has put forth some of the most ambitious climate targets in the world. While Modi is determined to meet these goals, India will not do so at the expense of its plan to bring electricity to the nearly 300 million people that do not have access to even one electric light bulb. How India balances expanding electricity access, while at the same time achieving its climate targets will indeed be paramount to the future of global climate change. In a new policy brief, "India’s energy and climate policy: Can India meet the challenges of industrialization and climate change?” Charles Ebinger gives a sober assessment of the critical issues that India will have to resolve in order to achieve their targets.

The chief issues that will form the cornerstone of this discussion are:

  1. The long term role of fossil fuels (oil, gas, and coal) in the economy and the degree to which, if domestic supplies are available they should be imported with attendant economic, security, and environmental ramifications;
  2. Transportation bottlenecks including railways, roads, and port infrastructure;
  3. Energy and emissions related to the construction of new infrastructure developments, including the 100 smart cities planned and expanding urban populations;
  4. The significant upgrades to the transmission and distribution systems throughout India that require massive investments;
  5. The ongoing issues related to rampant corruption throughout the energy sector;
  6. Land acquisition policies for generation facilities and transmission corridors for electricity and oil and gas pipelines, as well as their impact on local populations, water supplies for agriculture, and the local and national environment;
  7. Tariff policies, with special emphasis on capacity to pay; 
  8. The security of large scale energy trade with India’s neighbors for electricity and natural gas; and
  9. How India can begin to make a major diversification away from petroleum for its transportation sector, to avoid what on the basis of current policy looks as if it could lead to staggering levels of oil imports over the next 25 years.


Charles Ebinger concludes that India’s challenges are numerous and rest deep within the government’s structure, not just within the energy sector. If dramatic reforms do not take place, these issues will ultimately inhibit the success of Prime Minister Modi’s goals. As the quintessential example for developing nations striving for industrialization within a climate-conscious world, India’s success or failure in meeting its future energy needs is not just a concern to India but to the entire world, since if India fails, Paris fails.

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climate policy

Carbon Offsets, Reversal Risk and U.S. Climate Policy

Abstract

Background: One controversial issue in the larger cap-and-trade debate is the proper use and certification of carbon offsets related to changes in land management. Advocates of an expanded offset supply claim that inclusion of such activities would expand the scope of the program and lower overall compliance costs, while opponents claim that it would weaken the environmental integrity of the program by crediting activities that yield either nonexistent or merely temporary carbon sequestration benefits. Our study starts from the premise that offsets are neither perfect mitigation instruments nor useless "hot air."

Results: We show that offsets provide a useful cost containment function, even when there is some threat of reversal, by injecting additional "when-flexibility" into the system. This allows market participants to shift their reduction requirements to periods of lower cost, thereby facilitating attainment of the least-cost time path without jeopardizing the cumulative environmental integrity of the system. By accounting for market conditions in conjunction with reversal risk, we develop a simple offset valuation methodology, taking into account the two most important factors that typically lead offsets to be overvalued or undervalued.

Conclusions: The result of this paper is a quantitative "model rule" that could be included in future legislation or used as a basis for active management by a future "carbon fed" or other regulatory authority with jurisdiction over the US carbon market to actively manage allowance prices.

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climate policy

Building an ambitious US climate policy from the bottom up

The science of climate change is clear that global emissions of greenhouse gases need to fall rapidly to keep the world on a path that limits warming to no more than 1.5 degrees Celsius—a level that already risks significant disruption to ecosystem and human livelihoods. Yet the world collectively is not even close to a…

       




climate policy

India’s energy and climate policy: Can India meet the challenge of industrialization and climate change?

Charles Ebinger writes about India's ongoing efforts to achieve climate targets while balancing other considerations.

      
 
 




climate policy

The Economic Consequences of Delays in US Climate Policy

A delay in the implementation of U.S. climate policy, whether the policy is an EPA regulation or a carbon tax, could mean more stringent policies are necessary later. Brookings scholars have conducted new economic modeling to compare the economic outcomes of modest climate policy action now with the potential consequences of more stringent policies later,…

       




climate policy

India’s energy and climate policy: Can India meet the challenge of industrialization and climate change?

In Paris this past December, 195 nations came to an historical agreement to reduce carbon emissions and limit the devastating impacts of climate change. While it was indeed a triumphant event worthy of great praise, these nations are now faced with the daunting task of having to achieve their intended climate goals. For many developing…

       




climate policy

Is It Time to Consider 'Energy Sprawl' When Discussing Future Energy & Climate Policy?

A new article published in the online journal PLoS ONE takes on the issue of energy sprawl -- namely how much land is required to produce energy from different sources -- under different potential US energy and climate policies in 2030.




climate policy

Countries should make carbon pricing the cornerstone of climate policy, says OECD

Credible and consistent carbon pricing must be the cornerstone of government actions to tackle climate change, according to a new OECD report.




climate policy

Ancillary benefits of climate policy: new theoretical developments and empirical findings / Wolfgang Buchholz, Anil Markandya, Dirk Rübbelke, Stefan Vögele, editors

Online Resource




climate policy

Orchestrating Local Climate Policy in the European Union: Inter-Municipal Coordination and the Covenant of Mayors in Germany and France / Lena Bendlin

Online Resource