In the United States to date, most of the first genuine steps toward addressing the challenge of climate change have taken place at the state level.1 Many states have proceeded in a meaningful, comprehensive fashion while the federal government struggles …
Increasing certainty that humans are changing the earth’s climate through emissions of greenhouse gases is creating a new market for climate-friendly products and services. As states and nations begin to address climate change by regulating greenhouse gas emissions and encouraging …
The current level of state activity surrounding the issue of climate change is striking. Measures that have proven controversial at the federal level, such as renewable portfolio standards and mandatory reporting of greenhouse gas emissions, have been implemented at the …
Patterns of capital investment by businesses can have a major impact on the success and cost-effectiveness of climate change policies. Due to the high cost of new capital, firms often are reluctant to retire old facilities and equipment. Thus, capital …