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2

Stimulating Technology to Slow Climate Change

by Raymond J. Kopp, Richard D. Morgenstern, Richard G. Newell and William A. Pizer

Sir, in order to effectively address the threat of global climate change, we urge you to adopt a flexible emissions trading program for greenhouse gases, and simultaneously to increase funding for related technology research and development. Such a program will place the United States on a path to address this serious environmental problem without risk to the nation’s economy.

The Problem and the Challenge

Climate change is a vexing problem for all nations. Emissions of greenhouse gases, notably carbon dioxide (CO2), are associated with the combustion of coal, oil, and natural gas used to power much of the ...

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