Science, Technology, and Public Policy

David Kearn argues that even in the absence of restrictive resource and budgetary constraints, a focus on identifying and achieving concrete objectives that will position the United States and its allies to effectively deter aggression in critical regional flashpoints should be the priority given the stressed nature of the defense industrial base and the nuclear enterprise.

In the first of two articles on post-COP28 carbon financing, Research Fellow Ely Sandler shares insights on the legacy of COP28.

In the second of two articles on COP28 outcomes, Ely Sandler shares insights on the some of the changes needed to scale carbon finance.

Ely Sandler argues that COP27 progress on the Paris Agreement's Article 6 may be a smoking gun for the death of voluntary carbon markets - but suggests a better model that might take its place.

Ely Sandler and Daniel Schrag propose a new approach to Article 6 of the Paris agreement, arguing that states must use cross-border investment to finance the energy transition. By linking additionality to an investment’s impact on cost of capital, Sandler and Schrag demonstrate how Article 6 can leverage blended finance to de-risk private investment, creating a new model of public private partnership. The paper uses case studies from the Middle East and North Africa region to demonstrate the potential economic, environmental and political benefits of cooperation on Article 6.  

The powerful effects of artificial intelligence are already being felt in business, politics, medicine, war, and almost every other domain of twenty-first century life. For all of its positive potential, the technology presents significant risks that are best addressed sooner rather than later.

What was accomplished? COP26 created pressure for some countries to produce revised  Nationally Determined Contributions, helped catalyze new pledges to reduce emissions (including from India), led to the approval of the rules to govern international cooperation and carbon markets (the Paris Rulebook) addressing the issue of double counting, and served as the Launchpad for some novel initiatives that could play a useful role. Among the announcements that were made, was one that recognizes the importance of strategic investment and government action to lower the cost of technologies to reach carbon neutrality.

Kelly Sims Gallagher asserts that politicians' pledges of dramatic long-term reductions should not let them off the hook for their failure to achieve more modest progress in the short term.

Joel Clement writes that while climate change is a scientific matter, climate action is a political one, and, if done right, can usher in dramatic social, economic and ecological improvements.

Ian Masters and Joel Clement assess how much time has been lost by governments in facing the looming crisis of climate change, in particular here in the U.S. where the last four years were not only wasted, but were steps backwards from the urgent challenges made clear by yesterday's alarming IPCC report.