In November 2007, the United Nations Intergovernmental Panel on Climate Change declared with more than 90 percent certainty that greenhouse gas emissions from human activity are responsible for a significant portion of the increase in the Earth’s average temperature since the mid 20th century. As a result, the debate over climate change has largely subsided; however, a new debate has emerged. What is the best climate change policy moving forward? More importantly, what is the most efficient and cost-effective policy? How will the cap and trade bill currently debated in Congress affect climate change policy? Join the Council and a panel of economic and policy experts for a discussion on the economic costs and barriers to implementing a successful climate change policy. What are the foreseeable costs to individuals, businesses and government? The panel will also compare climate change policies across developing and developed economies—specifically, taking a comparative look at China and California.