Carnegie Endowment for International Peace
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The world is not running out of oil—in fact, it may never run out of hydrocarbons. But new oils must be carefully analyzed before the environment is irreparably damaged.
The Chinese government takes the issue of tackling climate change very seriously, but a number of further policy steps and initiatives could be adopted.
Potential tensions between developed and developing nations as well as economic difficulties and domestic politics could hinder progress at the UN Framework Convention on Climate Change.
As supplies of conventional crude oil plateau, new breeds of petroleum resources are increasingly being tapped to fuel global demand.
Billions of dollars are added to America’s national debt every year to pay for the transportation system, eighty percent of federal highway funding is allocated without oversight, and the United States ranks 23rd worldwide for quality of overall infrastructure.
Despite an unfavorable domestic political environment, the United States urgently needs to adopt new climate and energy policies in order to reduce its dependency on oil and maintain its leadership in the global economy.
Road transportation is the greatest contributor to global warming for the next 50 years. U.S. policy makers must take steps to reduce emissions, promote green growth, and mitigate transportation’s harmful effects on the climate.
With only a short time left before President Obama arrives to hash out major differences between developed and developing countries, the prospects for a climate change deal in Copenhagen look increasingly bleak.
With leaders from around the world attending the international climate meetings in Copenhagen next week, including high-level involvement from the two largest emitters—China and the United States—there is renewed hope that some kind of agreement can be reached.
At a special United Nations climate change meeting, world leaders, including U.S. President Barack Obama and Chinese President Hu Jintao, tried to give new momentum to slowing climate change discussions.