Eileen Claussen: Addressing Climate Change in the Absence of Policy

For the past two decades, governments, companies and non-­governmental organizations concerned about climate change have looked to comprehensive global and national policy solutions.
 

While this approach makes sense — given that climate change is a global issue and market­-based national or international solutions would be far less expensive solutions than command and control approaches — an ambitious, binding international treaty has yet to materialize. And here in the U.S., climate change legislation doesn’t look likely for the foreseeable future.