We believe that effective climate change policy must be aligned with the following principles: 

  • Recognize that climate change is a global issue which requires global solutions. Economy-wide governmental GHG management frameworks should be linked to binding international agreements comprising the major GHG contributors. 
  • Result in the stabilization of global GHG atmospheric concentrations. 
  • Coordinate with energy policy to ensure a diverse and secure supply of affordable energy. 
  • Utilize market-based mechanisms rather than technology mandates. 
  • Create a level, competitive playing field among energy sources and between countries. 
  • Avoid overlapping or duplicating existing energy and climate change programs. 
  • Provide long-term certainty for investment decisions. 
  • Promote government and private sector investment in energy research and development. 
  • Match the pace at which new technology can be developed and deployed. 
  • Encourage efficient use of energy. 
  • Foster resiliency to the impacts of a changing climate. 
  • Avoid undue harm to the economy.