The New Race: Speeding Up Climate Change Innovation

This article will initially summarize the current climate change regulatory environment and the need for innovation. It will then discuss why current intellectual property policies fail to encourage innovation to the extent needed. Finally, this article will examine various proposals for improving our intellectual property system in the area of climate change and recommend initial steps the U.S. could take to encourage the development and disclosure of climate change innovations by balancing economic incentives for innovation with the need to quickly reduce greenhouse gas emissions