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On the Environment

Wednesday, December 02, 2009
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Dan Esty on the Colbert Report

By testpersona

Colbert Dan Esty appeared on the Colbert Report Monday night to discuss the road to Copenhagen.  Watch the segment online.

Dan discussed the pivotal United Nations Climate Change Conference, which takes place in Copenhagen, Denmark this December and seeks a new international treaty on climate change.

Posted in: Energy & Climate
Monday, November 30, 2009
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Taking Measure

By testpersona

Climate 'is a major cause' of conflict in Africa

Price of global warming cuts may stop deal at U.N. meeting

Most support GHG action, despite weakening belief in warming

Indonesia disputes World Bank emissions rating

DOE provides stimulus grants for small businesses, S.C. wind project

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Good Copenhagen Backgrounder

By Josh Galperin, Associate Director
Excellent piece on how the Copenhagen climate conference can lay the foundation for final agreement on a binding international climate treaty in 2010.
Posted in: Environmental Law & GovernanceEnergy & Climate
Saturday, November 28, 2009
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Obama on His Way—Progress Possible?

By Josh Galperin, Associate Director
We like to be right (and now we should quit while we're ahead).  Not only will Obama attend Copenhagen, but he's coming with a provisional U.S. commitment to greenhouse gas emission reductions "in the range of" 17 percent below 2005 levels by 2020 and 83 percent by 2050.  These are the reductions in the Waxman-Markey bill that narrowly passed the House in June.  In the absence of a new U.S. climate law, this is probably the best bargaining position Obama could bring to the Copenhagen table.  It makes progress possible, but an ultimate deal on a binding treaty is still probably one more meeting away. 
Posted in: Energy & Climate
Tuesday, November 24, 2009
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An Industry Call for “Cap-and-Innovate”

By Josh Galperin, Associate Director
Established energy players - like utilities - have a lot to gain from cap-and-trade if they're willing to be innovative and forward-thinking. More industry advice like this needs to be heard.
Posted in: Innovation & EnvironmentEnergy & Climate
Monday, November 23, 2009
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Obama Decision on Copenhagen Soon

By Josh Galperin, Associate Director
The latest: a decision "in the coming days."  The guess here is that he attends.
Posted in: Environmental Law & GovernanceEnergy & Climate
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Best Clean Energy Innovation Engine Is a Hybrid?

By Josh Galperin, Associate Director

Intriguing new policy brief argues that the "green innovation machine" will be less than optimal (read: will not curb climate change) if it relies only on a carbon price-setting mechanism like cap-and-trade.  The authors recommend supplementing with an aggressive program of "directed technological change" through significantly ramped up clean energy R & D subsidies implemented immediately.  And they believe they have the economic proof to back up their claims.    

Posted in: Innovation & EnvironmentEnergy & Climate
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Taking Measure

By testpersona

Poor women 'bear climate burden'

UN Links Climate With Hunger

Don't blame U.S. for standoff in int'l talks, senators say

Conservation campaigns need a makeover, marketer advises

Companies reconsider carbon offset options

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Monday, November 16, 2009
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Taking Measure

By testpersona

Five environmental stories of note from the past week:

EPA ordered attorneys to remove video criticizing climate bill

U.N. official says climate deal could be put off

Green jobs aren't ready to lead New England Economy

Ford's fuel-efficient engine draws interest, revenue

Low-emission technologies need assist from policymakers

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Monday, November 09, 2009
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Taking Measure

By testpersona

Five environmental stories of note from the past week:

Lawmakers oppose stimulus funds for joint Texas-China project

World’s falling fertility rates approach a break-even point

Russia still dragging its feet on climate change 

Climate-agreement deadline may slip to end of 2010

Mass-market U.N. carbon scheme finds favor in India

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Thursday, October 01, 2009
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Copenhagen Or Bust?

By Dan Esty

Maurice Strong, Secretary General of the 1992 Rio Earth Summit, liked to joke that when world leaders gather for a major international convocation only two outcomes are possible: success . . . and real success. With the Obama Administration's negotiating team likely to go to Copenhagen in December empty-handed, the prospects for real success in tackling climate change this year are dimming.

The United States is in the driver's seat in this negotiation. In particular, if the US negotiators were to arrive in Copenhagen with a commitment to reduce greenhouse gas emissions locked in through legislation, then other nations, including the major developing countries such as China and India, would find themselves pressed to commit to emissions controls as well.

If the Congress fails to act - as now appears likely - the United States will cede its climate change leadership role, making any substantial progress nearly impossible.
For Copenhagen to produce a "Beyond Kyoto" climate change agreement, the principle of "common but differentiated responsibility," on which almost all past successful international environmental cooperation has been grounded, must be revived. The idea of "common" responsibility means that every nation must be part of the solution. No country can be allowed to sit on the sidelines.

"Differentiated" responsibility means that what is expected in terms of policy and resource commitments will vary depending on a nation's level of development. The United States, Europe, and other wealthy nations will need to make major cuts in greenhouse gas emissions in the coming years while the big emerging economies must agree to reduce the rate of growth in their emissions. For example, China, rather than having its emissions rise 40 - 50% in the next decade, might be asked to limit this growth to 20-25%.

But if the United States isn't willing to sign up to shoulder its share of the burden, the effort to mobilize a worldwide response to climate change cannot move forward. Outside Europe, there is little interest in taking action until the United States addresses its own emissions. More generally, the recent history of international environmental policy cooperation suggests that real success depends on not just US participation but US leadership.

Scientists tell us that the climate clock is ticking. We may have already passed the point where significant damage from global warming and the associated sea level rise, changed rainfall patterns, disruptions to agriculture, and increased intensity of hurricanes - is unavoidable. Simply put, the price for lost US leadership at this moment is very high.

Dan Esty is the Hillhouse Professor of Environmental Law and Policy at Yale University and author of the recent award-winning book, Green to Gold. He served on the US negotiating team that produced the 1992 Framework Convention on Climate Change.

Posted in: Energy & Climate
Tuesday, September 29, 2009
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Newsweek Green Rankings

By Dan Esty

Newsweek has just released its first corporate Green Rankings “scoring” 500 large American companies on their performance in responding to pollution control and natural resource management challenges. This ranking represents another step towards a more transparent world where companies know that their environmental performance is being scrutinized. 

I am especially pleased to see the Newsweek rankings as well as the Carbon Disclosure Project’s latest corporate greenhouse gas emissions scorecard since the Yale Center for Environmental Law and Policy has been promoting data-driven, analytically rigorous analysis of “green” performance for more than a decade.

The Newsweek project (on which I was an advisor) compiles an impressive range of information, gathered by three of the country’s top environmental research firms, about corporate environmental results and practices. Each company’s “Green Score” reflects three components: (1) Environmental Impact, which draws from quantitative measures and modeled results covering a range of issues including greenhouse gas emissions, air pollution and water use; (2) Green Policies, which examines corporate governance and practices related to the environment; and (3) Environmental Reputation, which reflects survey data on attitudes from corporate and environmental experts.

Having a more fact-based and empirical picture of which companies are doing well – and which less so – with regard to environmental management will be of interest to a variety of stakeholders, including the communities where these companies operate as well as their customers, suppliers, and employees.  Perhaps most importantly, environmental performance in general and “carbon exposure” in particular are increasingly of interest to those in the capital markets. As Congress continues to discuss climate legislation, and as the prospect of carbon charges in one form or another looms, investors have begun to ask which companies have been attentive to climate change and will therefore be advantaged in a carbon-constrained world. Likewise, they want to know which companies and industries will be relatively more burdened.  The Carbon Disclosure Project’s rankings are particularly relevant in this regard.

In some important respects, the Green Rankings (and the CDP report) raise more questions than answers. But this is to be expected in a world of haphazard environmental data.  Indeed, the index methodologies will be refined in the years ahead – and the picture painted will be sharpened.

Posted in: Environmental Performance Measurement

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