MOTIVATION

As global climate change has now become the core issue of energy policy and business strategy debates, policy makers, on the one hand, are facing unprecedented challenges as they contemplate national and regional policies to mitigate or adapt to climate change with incomplete understanding about how different parts of the human and Earth system might interact with each other under the policies and how such interaction might affect the national economy and social welfare. On the other hand, business enterprises in various sectors of the economy, including energy, water, agriculture, finance, manufacturing, and transportation, are also confronted with the need to invest in and expand their operations against a complex backdrop of uncertainties about the impact of climate change, the effectiveness of global climate negotiations, emerging technologies with unknown cost and performance, and structural changes in consumer demand.

MISSION

• The mission of CEPS is to improve understanding and implementation of (i) organizational and technological decision making to take leadership in a carbon-constrained global economy and (ii) policies and business strategies to promote low-carbon energy system transition and climate change resilience.