Energy

China's carrier program reflects the Chinese Communist Party leadership's surrender to the forces of nationalism....As Chinese domestic instability has grown, the increasingly insecure Communist Party leadership has used the carrier program to bolster its nationalist legitimacy—just as it used the 2008 Olympics, the 2009 Shanghai Expo, high-speed rail, the 'world largest airport,' and other high-profile projects for this purpose."

With regard to developing a new international framework, developed countries should acknowledge how grave the consequences would be to easily give in to a Kyoto extension. Merely extending the Kyoto Protocol would surely delay mitigation actions on the part of developing countries and discourage the U.S. from making serious efforts to reduce its large energy consumption. In other words, no country should end up being a "climate-killer" in its attempts to avoid being called a "Kyoto-killer."

Climate finance is fundamental to curbing anthropogenic climate change. Compared, however, to the negotiations over emissions reduction timetables, commitments, and architectures, climate finance issues have received only limited and belated attention. Assuring delivery and appropriate use of the financial resources needed to achieve emissions reductions and secure adaptation to climate change, particularly in developing countries, is as vital as agreement on emission caps. Yet, a comprehensive framework on financing for mitigation and adaptation is not in sight. Developed and developing countries cannot agree on even the fundamentals of what should be included (e.g. should private finance through carbon markets be included?), let alone the level and terms of financing commitments, regulatory and other mechanisms, or governance structures.

The finance of climate mitigation and adaptation in developing countries represents a key challenge in the negotiations on a post-2012 international climate agreement. Finance mechanisms are important because stabilizing the climate will require significant emissions reductions in both the developed and the developing worlds, and therefore large-scale investments in energy infrastructure. The current state of climate finance has been criticized for its insufficient scale, relatively low share of private-sector investment, and insufficient institutional framework. This policy brief presents options for improving and expanding climate finance.

Dr. Ashton B. Carter testifies before the Senate Committee on Foreign Relations.

Dr. Ashton B. Carter testifies before the Senate Committee on Foreign Relations on the Implications for U.S. Nonproliferation Policy of the July 18, 2005 Joint Statement between President Bush and Prime Minister Manmohan Singh of India

Dr. Ashton B. Carter testifies before the Senate Foreign Relations Committee.

Testimony by Dr. Ashton B. Carter