He also signed a climate deal with China last month, and has unveiled plans for a global climate summit in San Francisco next year. Although this is a much bigger cut than California achieved with its 2006 climate change legislation, it’s still nowhere near enough to have a meaningful effect on global warming overall. (Mexico is likely to have underestimated its climate policy costs by even more.) A smarter approach to climate policy — and one befitting California’s role as one of the most innovative states in the country — would be to focus on making green energy cheaper. In other words, spend more on R&D for green energy.

Source: Los Angeles Times July 20, 2017 12:02 UTC