The precautionary principle (PP) has sometimes been invoked to justify a ban on GM crops. This justification, however, takes credit for reducing potential public health and environmental risks that might result from a ban but ignores any blame for risks that the ban might generate or prolong....

The United States has long suffered from a schizophrenia about energy policy. The importance of one of the factors in energy policy, the environment, has never been formally defined. Climate change adds another distinct layer to this complexity, as neither energy policies nor environmental...

The precautionary principle has sometimes been used to justify banning new technologies, such as genetically modified crops, that haven't been proved to be "safe" from an environmental or public health perspective. Such a ban would reduce some environmental and public health risks, while...

To truly reform material supply chains, new solutions for markets, capital, and policy are required. COMET (the Coalition on Materials Emissions Transparency)—an alliance launched at Davos in January 2020 by CCSI, RockyMountain Institute, MIT’s Sustainable Supply Chains initiative, and the...

A formalization of the Precautionary Principle is given here: We formalize scientific knowledge on the likelihood of events in the state space and the concepts of scientifically unambiguous events and acts. We give a definition of a non-precautionary social planner as a Savage Expected Utility...

In 2009, the promise of a comprehensive federal cap and trade bill to address climate change fell apart. At least in part, this was due to the fears that exotic 'carbon' financial instruments might cause more financial crises. As California launches it economy wide carbon trading system, and...

Global warming, sea level rise, and extreme weather events have made climate change a top priority for policymakers across the globe. But which policies are best suited to tackle the enormous challenges presented by our changing climate? This Article proposes that policymakers turn to prediction...

Global regulations involving clean energy technologies have evolved in recent decades. Such evolution came as a result of technological disparities between the North and the South. Such regulatory changes came because of the failure of developed nations to assist developing countries in...