The author argues that the United States must be the front runner in the early implementation of climate protection policies if the global efforts to reduce greenhouse gas emissions are to be successful and cost-effective. He shows that without credible market and policy signals soon, emissions will continue to rise and the pattern of capital and technological developments will remain focused on fossil fuel options. The report describes how to achieve the transition to a less carbon-intensive economy, emphasizes the importance of U.S. action, and demonstrates that the benefits of early actions far outweigh their costs. 1997 / 56 pages |
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