Henry D. Jacoby

Essay
Jul/Aug
1998
Henry D. Jacoby, Ronald G. Prinn, and Richard Schmalensee

The Kyoto pact on global warming is neither a battle won nor a costly burden -- more like a quick political fix for the vast problems of climate change. Above all, policymakers need to think more about the long term. Reducing greenhouse gas emissions requires including the developing countries who sat out Kyoto. Research into affordable energy sources that emit little carbon dioxide must intensify. And the world must develop international bodies to minimize the costs of cutting greenhouse gas emissions, including trading emission rights.

Essay
Summer
1979
Thomas L. Neff and Henry D. Jacoby

The past two years have brought radical changes in the nonproliferation policies of the Unites States and a massive international study of proliferation issues. Impending commitments to new nuclear power technologies threaten to give many nations quick access to weapons-usable material, and this prospect has thrust the issue of power-cycle technology and materials, and their control, to the center of proliferation concerns. There is a general desire to achieve a proper balance between the possible benefits of new nuclear systems and the attendant proliferation risks. But there is disagreement, here and abroad, about how to strike this balance, and what policies are appropriate for achieving it.