How the Next U.S. President Will Control the Fight Against Climate Change
View on Bloomberg website"Presidential power to control the sources of climate change has largely been limited. The energy system is shaped by 'a powerful mix of market, technology, and policy forces,' said Richard Newell, president and chief executive of the research nonprofit Resources for the Future and a former senior member of the President's Council of Economic Advisers. Things like gasoline prices are driven by global market forces.
'Other aspects, particularly energy’s environmental consequences, are much more heavily influenced by policy, including presidential action,' Newell said. 'When it comes to energy emissions that cause global warming, presidential choices strongly influence not only domestic U.S. actions, but also the degree to which these are leveraged by actions in other countries through international diplomacy.'"
