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Part of the book series: Energy, Climate and the Environment ((ECE))

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Abstract

Rosenzweig has a 25-year career working in government and business to create and use environmental markets to reduce air pollutants and greenhouse gases (GHGs) that cause climate change. He served as the Chief of Staff of the Department of Energy (DOE) in the Clinton Administration and participated in efforts to create US climate policy. Rosenzweig was also the Chief Operating Officer (COO) of Natsource, the world’s largest buyer of carbon credits through 2007. Based on this experience, he assesses the policies proposed in the US and adopted internationally, such as the Kyoto Protocol (KP), the Clean Development Mechanism (CDM), and European Union Emissions Trading System (EU ETS), which comprised the global carbon markets. Rosenzweig draws on lessons learned to recommend future policies to reduce GHGs emissions.

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Notes

  1. 1.

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  2. 2.

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  3. 3.

    This is a reference to a proposed regulation which imposed the first GHG standards on light duty vehicles in the US.

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    Kyoto Protocol. 1998.

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    The Paris Agreement to the United Nations Framework Convention on Climate Change. United Nations. 2015.

  10. 10.

    The US strategy, and the policies which comprise it will be described in later chapters of the book.

  11. 11.

    The policies most identified with climate change 1.0 in the US are the BTU tax proposed by President Bill Clinton in 1993 and the American Clean Energy and Security Act which passed the House of Representative in 2009 and died in the US Senate. These initiatives will be described in subsequent chapters.

  12. 12.

    The Paris Agreement. 2015.

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  14. 14.

    Kyoto Protocol. Article 12. 1998.

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  19. 19.

    Report Of The Conference Of The Parties On Its First Session, Held At Berlin From 28 March To 7 April 1995, Activities implemented jointly under the pilot phase. Decision 5/CP.1. United Nations. 1995.

  20. 20.

    Rosenzweig, R. Natsource Recognized as World’s Largest Purchaser of Carbon Credits by Leading Investor Research Firm. (Press Release) 6 March 2008.

  21. 21.

    Directive 2009/28/EC of the European Parliament and of the Council of 23 April 2009 on the promotion of the use of energy from renewable sources and amending and subsequently repealing Directives 2001/77/EC and 2003/30/EC. Brussels, European Parliament, and Council.

  22. 22.

    Directive 2012/27/EU of the European Parliament and of the Council of 25 October 2012 on energy efficiency, amending Directives 2009/125/EC and 2010/30/EU and repealing Directives 2004/8/EC and 2006/32/EC. Brussels, European Parliament, and Council.

  23. 23.

    California Air Resources Board. Climate Change Scoping Plan, A Framework for Change Pursuant to AB 32, The Global Warming Solutions Act. 2008.

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Rosenzweig, R.H. (2016). Introduction. In: Global Climate Change Policy and Carbon Markets. Energy, Climate and the Environment. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-56051-3_1

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