Microsoft Power Point M Roy Arlington Cafe Scientifique Jan5


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Microsoft Power Point M Roy Arlington Cafe Scientifique Jan5

  1. 1. Climate Change Policy At Home and Abroad Café Scientifique Arlington, Virginia January 5, 2010 Manik Roy, Ph.D. Vice President, Federal Government Outreach Pew Center on Global Climate Change
  2. 2. Overview of today’s presentation: •Introduction to the Pew Center •Climate Policy 101 •US climate policy state-of-play •Copenhagen Accord
  3. 3. Pew Center on Global Climate Change Founded in May 1998 Independent, non-profit, non-partisan Divided into five major program areas: Scientific Studies/Analyses Domestic and International Strategies Outreach Activities • Business • States Solutions Communications
  4. 4. Business Environmental Leadership Council
  5. 5. Climate Policy 101
  6. 6. Climate policy is mostly energy policy 80% of US greenhouse gas emissions are carbon dioxide from combustion of fossil fuels. Therefore climate policy and energy policy are inextricably linked.
  7. 7. Three energy policy challenges US energy policy must meet three interrelated challenges: •To power continued economic growth •To reduce US vulnerability to energy-related security threats •To reduce risk of climate change and other environmental threats
  8. 8. Energy sources Must pursue all energy options: •Coal with carbon capture and storage •Nuclear power •Natural gas •Renewable energy •Energy efficiency and conservation
  9. 9. Climate policy measures Options for reducing greenhouse gas emissions: • Voluntary reduction programs • Subsidies and tax cuts for R&D and deployment • Command-and-control • Tax • Cap-and-trade
  10. 10. Key element Cap-and-trade is a key element of an All-of-the- Above energy policy that meets our economic, security and environmental challenges. Under cap-and-trade, industry and the private market – not the government – pick the winning energy sources and technologies.
  11. 11. US Climate Action Partnership U.S. Climate Action Partnership (USCAP) • Companies: AES, Alcoa, Alstom, Boston Scientific, BP America, Caterpillar, Chrysler, Conoco-Phillips, Deere, Dow, Duke, DuPont, Exelon, Ford, FPL, GE, GM, J&J, NRG, PepsiCo, PG&E, PNM, Rio Tinto, Shell, Siemens, • NGOs: Pew Center, Environmental Defense Fund, Natural Resources Defense Council, Nature Conservancy, World Resources Institute • Calls for GHG cap-and-trade and other measures
  12. 12. US Climate Action Partnership Why would businesses want urgent enactment of climate legislation? • Regulatory uncertainty inhibits investment • Supreme Court has ordered EPA to regulate GHGs • Avoid nuisance law suits • State action • Operating with cap-and-trade in Europe since 2005 • Want US to influence post-2012 international climate negotiations • Convinced by climate science, concerned by increasing risk from climate impacts
  13. 13. Economy grows under climate policy
  14. 14. US Climate Policy State of Play
  15. 15. Federal policy progress to date Inconceivable in December 2007, not obvious even a year ago: •Climate change a top priority of President Obama and Congressional leadership •House passage of bill with GHG cap-and-trade •Major GHG regulatory actions •Major businesses (e.g., USCAP) advocating for GHG cap-and-trade •“Cap-and-trade” a household phrase •“Copenhagen climate negotiations” household words
  16. 16. Energy-Climate Legislation Congressional action: •House of Representatives passed the Waxman-Markey climate-energy bill in June 2009 •2 of 6 Senate committees have passed energy-climate bills •Full Senate consideration of climate & energy bill most likely by May 2010 •Reconciliation of House and Senate bills would likely take several months •Reconciled bill must be passed by House and Senate and signed by President to become law
  17. 17. Copenhagen Climate Summit
  18. 18. Copenhagen Climate Summit 15th Conference of the Parties to the UN Framework Convention on Climate Change (December 7-18, 2009): •Two weeks of harsh rhetoric and pitched procedural battles •Basic terms of Copenhagen Accord were brokered directly by President Obama and key developing country leaders on final day •Nearly another full day of tense negotiations to allow leaders’ deal to be formalized over the bitter objections of a few governments •Parties adopted parallel decisions that “take note” of the political accord and open the way for governments to individually sign on •In separate decisions, parties agreed to continue negotiating toward a fuller agreement in late 2010 in Mexico City •Uncertainty about formal standing of Copenhagen Accord under the U.N. climate process and about the nature of any future agreement. •Aim of a “legally binding instrument,” which appeared part of the deal when President Obama first announced it, later stripped out
  19. 19. Copenhagen Accord Key elements of Copenhagen Accord: •Aspirational goal of limiting global temperature increase to 2 degrees Celsius; •Process for countries to their mitigation pledges by January 31, 2010; •Terms for reporting and verification of countries’ actions; •Commitment by developed countries for $30 billion in “new and additional” resources in 2010-2012 to help developing countries reduce emissions, preserve forests, and adapt to climate change; •Goal of mobilizing $100 billion a year in public and private finance by 2020 to address developing county needs. Separate agreement to continue negotiating toward fuller agreement in late 2010 in Mexico City
  20. 20. For More Information
  21. 21. Manik Roy, Ph.D. Vice President, Federal Government Outreach Pew Center on Global Climate Change Manik Roy is the Vice President for Federal Government Outreach for the Pew Center on Global Climate Change, where he manages communication between the Center and the U.S. Congress. Dr. Roy has twenty-five years of experience in environmental policy, having worked, before coming to the Pew Center, for Sen. Frank R. Lautenberg, Rep. Henry A. Waxman, the U.S. Environmental Protection Agency, the Massachusetts Department of Environmental Protection and the Environmental Defense Fund. Dr. Roy holds a Ph.D. in public policy from Harvard University. He also holds a Master of Science degree in environmental engineering and a Bachelor of Science degree in civil engineering, both from Stanford University. Contact: