With energy and environment issues taking center stage in today’s policy arena, Brookings’s Hamilton Project hosted a two-part forum on mitigating climate change through market mechanisms and new technologies.
Transcript
"Turning to energy and the environment, as all of you will know, climate change and America's dependence on oil are critical issues for our society, separate but related. To accompany the program, the Hamilton Project has put out an issues paper on energy. It's in your packet. I can say this because I had no role whatsoever in preparing it, I think it's an exceedingly interesting discussion of this subject and very well-worthwhile reading even in a world in which there are too many papers. I was actually surprised at how good it was.
"I wasn't going to say that because it would reflect badly on Jason to say surprise, but nevertheless, it really was an extraordinarily interesting paper, at least in my view.
"The strategy paper suggests a three-part approach. First, putting in place pricing mechanisms to reduce carbon emissions combined with tax rebates to help lower- and middle-income families. Second, increasing and redirecting public investment with respect to basic research. And third, leading by example to engage the other parts of the global community in this critical mission."
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