Despite international efforts to cap carbon emissions with pricing, regulation, and subsidies for renewables, global carbon emissions have grown faster since 2000 (2.2 percent per year) than from 1970 to 2000 (1.7 percent per year) with no signs of stabi

For the last two decades, international and national decision makers in high-income countries have pursued a set of policies (e.g., carbon emission targets, carbon pricing, subsides, and regulatory mandates) that have failed to make clean energy technologies cheaper than fossil fuels outside of niche markets. Making clean energy cheaper than fossil fuels should be the paramount goal of climate policy, since this will enable the widespread adoption of clean energy in all counties. As long as climate policy options continue to be at odds with economic growth, efforts to reduce emissions will be smaller than necessary to mitigate climate change, which is why CCEI proposes a new framework for international climate policy in its report, Beyond 2015: An Innovation-Based Framework for Global Climate Policy.