Clean energy needs less regulation not more

For too long the left has been allowed to claim ownership of the environment. The right has implicitly accepted that protecting the environment is in opposition to a prosperous and free society. Now, as clean energy becomes competitive with fossil fuels, a new battlefield opens up. The solutions offered by the left are stifling competition and slowing down the uptake of clean energy. Only by releasing a maelstrom of entrepreneurial and competitive activity will the world be able to build a high-performing clean energy system without driving costs to unacceptable levels. And only by leading the process will the right find its natural voice on energy and the environment. […]

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Towards a workable post-Kyoto international framework for emissions reduction

This is a white paper I published in December 2005 – seven years ago – in which I branded the Kyoto Protocol a failure and described an alternative approach for bringing countries into an accession-based system for emission controls, similar to the largeyly successful Nuclear Non-Proliferation Treaty. Under “Accession to GDP Less X%”, all countries would have the same goal: emissions to undershoot GDP growth by the same percentage. With the UNFCCC having essentially run into the sand, we need to look again at new approaches. […]

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How to Save the Planet: Be Nice, Retaliatory, Forgiving & Clear

Five years ago this week, I published a white paper entitled “How to Save the Planet: Be Nice, Retaliatory, Forgiving and Clear”. In it, I postulated that climate is a prisoner’s dilemma, but one one which will be played repeatedly, not just once. The difference is critical: instead of shooting for an unachievable top-down climate deal, we should focus on accelerating the inevitable emergence of domestic action on climate change. Since then we have seen the failure of Copenhagen, and the emergence of strong national responses. Is it time to look again at the game theory behind climate change? […]

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