Climate Policy Enters Four Dimensions
Securing Our Economic Future, ed. Melissa S. Kearney and Amy Ganz (Washington D.C.: Aspen Institute Press, 2020)
31 Pages Posted:
Date Written: December 10, 2020
Abstract
This chapter addresses what needs to be done to craft a politically stable and economically sound climate policy that includes balanced reliance on the four mechanisms to manage climate risks, which we call the climate control mechanisms: emissions reduction, adaptation, carbon dioxide removal, and solar radiation modification. Assessing the balance requires attention to (1) technology development, performance, and cost over a range of control options, (2) integration of the technology architecture with the prevailing economic, regulatory, and policy context, (3) public attitudes to climate policies and programs, and (4) implementation of a planning programing system to implement the new balanced climate policy. If the United States achieved a stable balance it could serve as the basis for extended international agreements.
Keywords: Climate, global warming, fossil fuel, carbon, emissions, policy, climate change, carbon capture, emissions reduction, adaptation, solar radiation
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