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Climate change might pose a grave threat, but emissions containment is both costly and politically impractical, so climate engineering is beginning to look like the last best hope.
The Plundered Planet, by economist Paul Collier, offers a host of bold ideas regarding development economics and the environment, but ultimately fails to offer a convincing solution to climate change, as under current conditions, no such solution exists.
Research suggests that institutions limit the extent to which efficient policies to reduce greenhouse gas emissions are likely to be adopted.
At this event, panelists discussed the emergence of geoengineering as a policy option and the congressional hearings being held on the subject.
President Obama has chosen to downplay the lack of freedom in China. By doing so, he gives up on a vital prerequisite for an effective, credible emission-control regime.
Although it creates only a slight reduction in the amount of solar energy absorbed by the Earth, solar radiation management should be a part of U.S. climate policy.
The United Nations conference in Copenhagen will follow in the hypocritical footsteps of Kyoto, with countries declaring their resolution to curb GHG emissions while at the same time either refusing to pay the costs or claiming exemption from controls.



