Wednesday, July 8, 2009

Are we Going the Wrong Way with Climate Policy?

If you are like me and are paying some attention to the climate bill debate in the US and around the world, then maybe you've also thought something is not right. Mainly the right part not actually solving any of our problems in greenhouse gas emissions.

Out now is a thoughtful report published by 13 academics about the need to change tack on the current policy of cap and trade. It focuses on carbon reduction as a means to achieve our aims.

For me this makes sense. It is actually a large part of what my current research is focused on, the role out of alternative energy sources to reduction carbon emissions in a future carbon free world. This EU Commission study, is therefore centred around the issue of carbon reduction not emmission reductions. Which of course holds some overlap. But I would suggest to read the report for more.