Sir, in order to effectively address the threat of global climate change, we urge you to adopt a flexible emissions trading program for greenhouse gases, and simultaneously to increase funding for related technology research and development.

Such a program will place the United States on a path to address this serious environmental problem without risk to the nation's economy.

Ray Kopp on
Stimulating Technology
to Slow Climate Change

Related Policy Recommendations

Chapter 1. Taking the Lead on Climate Change 
Robert W. Fri

Raymond J. Kopp led the first examination of the cost of major U.S. environmental regulations, using an approach that is now widely accepted as state-of-the-art in cost-benefit analysis. He is the coauthor of Valuing Natural Assets: The Economics of Natural Resource Damage Assessment and is a member of the U.S. Department of State's Advisory Committee on International Economic Policy.

Richard D. Morgenstern focuses on the costs, benefits, and design of environmental policies. His research interests include conventional types of pollution as well as global climate change. He has served in senior policy posts in both the U.S. Environmental Protection Agency and the U.S. Department of State.

Richard G. Newell concentrates his research and outreach efforts on economic analysis of incentive-based policy and the role of technological change in environmental and natural resource policy. His research applications encompass climate change, energy efficiency, energy technologies, valuation of costs and benefits over time, and fisheries policy.

William A. Pizer centers his work on econometrics and public finance. He applies much of this work to the question of how to design and implement policies to reduce the threat of human-induced climate change. He is a senior economist at the National Commission on Energy Policy and served as senior economist at the Council of Economic Advisers.

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