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  • A system to control climate change and reduce poverty

    The following is a guest essay.

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    Stabilizing concentrations of greenhouse gases in the Earth's atmosphere at a level that will fulfill the mandate of the UN Framework Concentration on Climate Change to avoid "dangerous anthropogenic interference with the climate system" will require drastic departures from business as usual. Here we introduce one attractive response to this challenge that may seem visionary or idealistic today but that could well become realistic once we reach a tipping point regarding climate change that opens a window of opportunity for embracing major changes.

    No silver bullet exists capable of solving the complex and interdependent problems of climate change, sustainability, and economic development. A consensus is emerging, however, that solving these problems will require major changes in existing governance arrangements to eliminate or at least alleviate what the 2006 Stern Review (1) calls the "greatest and widest-ranging market failure ever seen" -- the failure of the market to send proper signals about the real costs of using the atmosphere as a repository for greenhouse gases. This case exhibits the defining features of market failures surrounding open-access resources (2-6). Because emitters allowed to use the atmospheric commons as a repository for the wastes associated with burning fossil fuels at no cost, they have every incentive to use as much of this free factor of production as possible. But the present and future costs to society of this practice are enormous. Estimates of these costs vary. But there is compelling evidence that the eventual costs will exceed the cost of changing our current practices to limit emissions of greenhouse gases by a large margin (1).

    Analysts have proposed a variety of forms of carbon taxes and cap-and-trade systems as policy measures to deal with this problem (7, 8). A few measures, like the European Emission Trading Scheme, have been implemented to some degree. But the measures under consideration at present are deeply flawed. In this article, we present an alternative system that has several attractive features, including the capacity to deal fairly with the regressive nature of most carbon taxing systems, to protect the new governance arrangements from political manipulation or corruption, and to contribute to the alleviation of global poverty. Working out the details of the general plan will be an ambitious task, but we think it is important to take the first step and propose a broad strategy having the six principles laid out below.

    The core of this system is the idea of a common asset trust (9, 10). Trusts are widely-used and well-developed legal mechanisms designed to protect and manage assets on behalf of specific beneficiaries (11). Extending this idea to the management and protection of a global commons, such as the atmosphere, whose owners/beneficiaries include all people alive today as well as future generations, is a new but straightforward extension of this idea. Because the atmosphere is global, the Earth Atmospheric Trust would be global in scope. Initial implementation at a regional or national scale may be necessary and appropriate, however, as we build toward a global system. We cannot examine in detail the path that implementation of the system might take, or how the many institutional, political, and administrative details would be addressed. Our purpose here is to present an integrative idea that has many positive features as the basis for further discussion in the post-Kyoto world.

    The trust arrangement we envision has six basic features together with four special features and precautionary measures.

    Basic features:

  • Japan says it won’t hunt humpback whales, at least for now

    Under pressure from, well, most of the world to stop targeting humpback whales, Japan has announced it will hold off on its hunt for the imperiled humpback — at least for now. “Japan has decided not to catch humpback whales for one year or two, but there will be no change in our stance on […]

  • Disentangling the confusion of Bali

    Tom Friedman is very confused about exactly what happened at Bali and why. So are M.I.T. science journalist fellows. So what are your chances of figuring it out? Well, they are a lot better if you read this excellent Bali debriefing by my friend Holmes Hummel (PDF), a Stanford Ph.D. and Congressional Science Fellow.

    One interesting point she makes: Some media coverage left the misimpression that the Bush team opposed language that would have committed Annex I (i.e., rich) countries to cutting greenhouse-gas emissions 25-40% below 1990 levels by 2020. But that isn't correct. The language they vehemently rejected merely said this:

  • An incomplete roundup of reactions and commentary to the Bali climate meetings

    I feel somewhat guilty for not following the goings-on in Bali more closely. A few of you have written to ask why. It’s just that every single international meeting on climate since I started covering this stuff has gone down the exact … same … way. It’s like clockwork: everyone arrives full of hope, because […]

  • The Bali meeting, and the lessons learned

    It's important, this time, to draw conclusions, and to do so publicly. Because Bali has taken us -- barely and painfully -- over a line and into a new and even more difficult level in the climate game we'll be playing for the rest of our lives. In fact, it's not too much to say that, with the realizations of the last year and their culmination at the 13th Conference of Parties, the game has, finally, belatedly, begun in earnest.

    First up, we knew going into Bali that if the old routine continued without variation, we'd really be in trouble. The timing of this meeting alone made this clear. Here we were, after the skeptics, after the IPCC's Fourth Assessment Report, after Gore's (and the IPCC's) Nobel Prize. We know now how grave the situation is. So it's with great relief that I'm able to say that, judging at least by Bali, the game has indeed changed -- except, of course, for the United States.

  • Notable quotable

    “We seek your leadership. But if for some reason you are not willing to lead, leave it to the rest of us. Please get out of the way.” — Kevin Conrad, U.N. delegate from Papua New Guinea, during contentious last-minute climate talks in Bali. Conrad’s blunt declaration was met with applause.

  • Countries strike climate deal in Bali

    Apparently they’ve reached some kind of agreement at Bali. Sounds like the last 24 hours have been a real white-knuckler: BALI, Indonesia (CNN) — The United States made a dramatic reversal Saturday, first rejecting and then accepting a compromise to set the stage for intense negotiations in the next two years aimed at reducing carbon […]

  • It’s time to throw down on the home court

    Post by Richard Graves and Erin Condit-Bergren, U.S. youth delegation.

    Nusa Dua, Bali. We have been sitting outside the closed conference rooms where delegates from around the world engage in the grueling process of working out an international climate policy, line by line. Campaigners, delegates, and journalists mill about, trading rumors and whispering strategy. Everyone has been working nonstop for two whole weeks, and it all has come down to this one long session.

    The milling crowd reflects nothing of the nuance of the international negotiations, which will determine the future of international climate change policy. Instead, the din reveals the clanking of glasses and the milling hubbub of various national representatives, sound and fury, signifying nothing. The air may be charged, but what exactly are we all waiting for? Everyone is as edgy and nervous as an expectant father banished from the maternity room, yet there will be no agreement born today. At the moment, all we hope for is a plan to negotiate another plan.

    Why on earth are we here at 2:00 a.m.? We know that in the end, despite all our efforts at the conference and over the last year, the White House delegates will ignore the will of the American people and even the plight of their own children. The sad truth is that while we have done so much over the last year and won so many victories, when we try to get our own government to represent us it is like we are the nagging conscience they have grown comfortable ignoring.

  • Blogging from Al Gore’s speech in Bali

    Post by Richard Graves, U.S. youth delegate and editor of It's Getting Hot in Here

    As I wrote this post, I was listening to Al Gore give his speech at the U.N. Climate Negotiations. It had been a long trip here, and despite the schedule and the heat I was still excited. As we sat in the audience, we spoke with Kevin Knobloch from UCS and watched Kelley trying to talk with U.S. representative Paula Dobriansky ... but we were all here to listen to Al Gore.

    I was surprised to hear him lead with a reference from the Holocaust, but it hit home. How can we ignore those who are the harbingers of the threat of climate change. People can't ignore stories of people like Claire Antrea, a young nun from Kiribati whose home is being flooded. These threats are coming for us, and the sense of urgency must come from the fact the science is changing so fast that none of us, even in the developed world, can assume we are safe.

    This is a powerful idea, and one that seems to be coming true.