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FOIA Number: 2017-1095-F FOIA MARKER This is not a textual record. This is used as an administrative marker by the William J. Clinton Presidential Library Staff. Collection/Record Group: Clinton Presidential Records Subgroup/Office of Origin: Council of Economic Advisers Series/Staff Member: Joseph Stiglitz Subseries: OA/ID Number: 9555 FolderID: Folder Title: Environment - Joint Implementation Climate Change Stack: Row: Section: Shelf: Position: S 20 5 7 1 GLOBAL CLIMATE COALITION GROWTH GLOBAL ) sent 3/15 Emily te Alam K. Fle (Soint IN A Thursday, March 10, 1994 Mr. Joseph Stiglitz Council of Economic Advisors O.E.O.B. Room 3145 Washington DC, 20500 Dear Mr. Stiglitz: I am enclosing the Global Climate Coalition's comments submitted to the Department of State on February 25 concerning Groundrules for U.S. Initiatives on Joint Implementation. The Coalition is supportive of the concept of joint implementation. We believe if the joint implementation pilot program provides a range of opportunities, U.S. industry can make a constructive contribution, bringing benefits to the United States and to developing countries. For U.S. industry to participate actively and make its maximum contribution, it is essential for the U.S. to develop flexible procedures for joint implementation. Such flexibility will generate the efficiency, innovation and competition needed to further promote this concept. We have sought to provide comments that would facilitate industry's participation and contribution, and we hope they are useful to the Administration. We have appreciated the opportunity to comment on the proposed Groundrules for Joint Implementation and are looking forward to working with the Administration in the further development of their concepts for this program. In that regard, we are very interested in any information regarding the next steps the Government plans to take in shaping the proposed pilot programs. Sincerely, Jor John Shlaes Ahlas Executive Director 1331 Pennsylvania Avenue, NW Suite 1500 - North Tower Washington, DC 20004-1790 Telephone: (202) 637-3162 Fax: (202) 638-1032 Fax: (202) 638-1043 G LOBAL CLIMATE COAL T ON GROWTH GLOBAL ) IN A GLOBAL CLIMATE COALITION MEMBERSHIP Board Membership General Membership Aluminum Association, Inc. American Commercial Barge Line Co. American Automobile Manufacturers Amoco Corporation Association Arizona Public Service Company American Electric Power Service Association of International Automobile Corporation Manufacturers American Forest & Paper Institute BP America, Inc. American Iron & Steel Institute Burlington Northern Railroad American Mining Congress CONRAIL American Petroleum Institute Consumers Power American Portland Cement Alliance Du Pont Company Association of American Railroads Eastman Kodak Atlantic Richfield Company Goodyear Tire & Rubber Co. Chemical Manufacturers Association LTV Steel Company, Inc. Chevron Norfolk Southern Cincinnati Gas & Electric Company Northern Indiana Public Service Co. Council of Industrial Boiler Owners Ohio Edison CSX Transportation, Inc. Pennsylvania Power & Light Company Dow Chemical Company Railway Progess Institute Drummond Company Shell Oil Company Duke Power Company Union Pacific Railroad Duquesne Light Company Edison Electric Institute ELCON Exxon Illinois Power Company Kaiser Aluminum & Chemical Corp. National Association of Manufacturers National Coal Association National Lime Association National Rural Electric Cooperative Association Phillips Petroleum Company Process Gas Consumers The Southern Company Texaco, Inc. U.S. Chamber of Commerce Union Electric Company 1331 Pennsylvania Avenue, NW Suite 1500 - North Tower Washington, DC 20004-1790 Telephone: (202) 637-3162 Fax: (202) 638-1032 Fax: (202) 638-1043 G.OBAL CLIMA E COAL T ON GROWTH GLOBAL February 25, 1994 Mr. Dan Riefsnyder Director Office of Global Change Room 4329-A Department of State 2201 C Street, NW Washington. DC 20520-7818 Re: Notice of Availability of Groundrules for U.S. Initiatives on Joint Implementation, 58 Fed. Reg. 66057-59 (December 17, 1993) Dear Mr. Reifsnyder: The United States Government announced the U.S. Initiative on Joint Implementation (USIJI) on October 19, 1993, as a pilot program to facilitate cost-effective greenhouse gas reductions in other countries. The USIJI is a pilot program to help establish a basis for joint implementation and is included in Appendix II of "The Climate Change Action Plan" (CCAP) of October 19, 1993, submitted by the U.S. Government. The U.S. Department of State published the draft Groundrules for U.S. Initiatives on Joint Implementation (Groundrules) in the Federal Register on December 17. 1993, as the initial step in developing the pilot program for Joint Implementation. Comments and questions on the Groundrules were requested by January 25, 1994 and later the submission date was extended until February 25, 1994. In response to that request the following comments are submitted by the Global Climate Coalition (GCC). The Global Climate Coalition is a broad-based organization of business trade associations and companies representing virtually all elements of United States industry, including the energy-producing and energy-consuming sections. The Coalition was established in 1989 to coordinate business participation in the scientific and policy debate on the global climate change issue. The members of the GCC have been very active on the issue, and have participated in the United Nations Conference on Environment and Development in Rio de Janeiro, legislative debates in the Congress, the United Nations Framework Convention on Climate Change deliberations, and the development of the 1992 U.S. National Climate Change Action Plan. A list of the GCC membership is attached. 1331 Pennsylvania Avenue, NW Suite 1500 - North Tower Washington, DC 20004-1790 Telephone: (202) 637-3162 Fax: (202) 638-1032 Fax: (202) 638-1043 General Comments Support for the Concept of Joint Implementation: The Global Climate Coalition has expressed enthusiasm for and continues to be supportive of the concept of Joint Implementation referenced in the Framework Convention on Climate Change (FCCC) and elaborated on in the Administration's Climate Change Action Plan of October 19. 1993. We believe it is appropriate for national governments to begin to assess potential programs and procedures for Joint Implementation through pilot programs that will help to define efficient, effective means to implement the concept nationally and internationally and we encourage the U.S. Government to maintain its lead in this effort. While the Global Climate Coalition does not believe that rigid targets and timetables are called for, the Action Plan's approach of working through voluntary business/government partnerships and initiatives is fully responsive to the requirements of the Convention and is superior to an emphasis on traditional command-and-control mechanisms, such as regulations. The latter would most certainly be economically disruptive and could put U.S. business and industry at a competitive disadvantage with business and industries in other countries whose National Action and Joint Implementation plans and assumptions may differ from ours. Joint Implementation should not discourage collaborative projects that make both economic sense and reduce greenhouse gas emissions. Support for Action in Developing Countries by Industry: The GCC supports the proposed Joint Implementation program's focus on promoting collaboration with any country, especially developing countries and countries whose economies are in transition. Developing countries and the former centrally planned economies emit a far greater volume of greenhouse gases for each unit of their GDP than the United States. Four-fifths of the world's people live in developing countries today, and most of the population, economic and energy demand expansion--and the resulting greenhouse gas emissions--are projected to occur there, as their population is expected to represent 90 percent of the world's population growth in the coming decades. The 1992 supplemental report of the Intergovernmental Panel on Climate Change indicated that 68 percent of the total energy related CO₂ emissions will come from non-OECD (Organization of Economic Coordination and Development) countries by 2025. For this reason, to the extent that actions may be required, developing country participation in climate change activities will become a growing necessity. Likewise, the GCC strongly favors a joint implementation approach that promotes active participation by private industry. Many of the current activities of U.S. industry abroad are fully compatible with the joint implementation concept, and we suggest that some consideration be given to possible ways and means for ongoing projects to be incorporated into the new initiative. We believe that U.S. business and industry can contribute to and benefit from participation in joint implementation, which helps identify new markets and strong overseas partners, 2 promotes the exchange of technology and valuable information, reduces costs, brings sound rates of return on investment, and offers opportunities to diversify and obtain other commercial benefits through cooperation with both government and private partners abroad. Encourage Free and Open Program Approaches: The Coalition believes its members can make this contribution and receive these benefits best if the joint implementation program is structured so as to encourage use of market economy mechanisms and open and transparent procedures. We believe that free and open markets will generate the efficiency, innovation and competition needed to promote joint implementation. Additionally, they spawn unrestricted exchange of information and know-how that are essential for successful collaboration. We believe that over-regulation and use of command-and-control regulations will be most harmful to our members' participation in the program, and we would strongly urge that such approaches not be employed in this new program. Transparent and fairly enforced criteria, rules and procedures are essential. And increasingly as we are finding in our domestic programs, reliance on market incentives rather than regulations is to be encouraged, as is close cooperation between government and industry in the conduct of the program. We strongly encourage the U.S. Government to seek to develop such a program nationally and promote the same internationally. Such an approach is fully consistent with the worldwide trend toward the use of free markets, which the U.S. Government and other industrialized countries are promoting. Because the world community will have little experience with joint implementation, it is essential for the U.S. to advocate flexible procedures for joint implementation under any rules to be developed by the Conference of the Parties, at least until sufficient experience is gained to make more detailed recommendations for international procedures. If the program is developed in this way, the GCC is confident that joint implementation will receive strong industry support and provide natural benefits to our overseas partners, while making a contribution to reducing emissions of greenhouse gases and promoting technology cooperation and sustainable development called for in the Convention and Action Plan. Specific Comments on the Groundrules Within the context of the above general comments, we have a number of specific comments on the draft Groundrules, as follows: Section 1 - Purpose: We find the statement of the proposed pilot program consistent with the Framework Convention. We believe the reference to "mutually voluntary projects between U.S. and foreign partners "and "promoting technology cooperation "(Section 1(1)) to be valuable for industries' participation, and we welcome the reference to "encourage private sector investment and innovation "(Section 1(4)). 3 However, we are concerned about the reference to "net emissions" (Section 1(1)) and the many subsequent references to that term throughout the Groundrules. While we understand the relevance of net reductions of greenhouse gases as they relate to a Party to the Convention, we do not see their appropriateness for the individuals or entities conducting individual projects in the pilot program. Each joint implementation project must be considered on its own merits and not with regard to its relationship to the cumulative emissions of any parties to the Convention. Since one of the principal benefits of a joint implementation project is its potential for cost-effective emission reductions, the appropriate measure of a project is the "savings" in emissions that it reduces, avoids or stores. Thus, GCC suggests that the term "net emissions" be removed in the case of a project and that a project be evaluated, among other things, on the basis of emissions of greenhouse gases that it reduces, avoids or sequesters. Section 2 - Evaluation and Reassessment of Pilot Program: We believe the timing for the evaluation of the pilot program is not properly synchronized with the schedule of international events. The Groundrules call for the USIJI to be "evaluated within two years of its inception." However, under the schedule of international events, the evaluation will not occur until the fall of 1995. following the adoption of the international criteria. For the U.S. program to be used in the formulation of the international criteria, it would seem that an initial evaluation of the program should occur in December 1994. It is, of course, recognized that there may not be much experience available at that time. Yet evaluation should be made on what has been learned. Hence, it would seem to be appropriate for the Groundrules to call for an interim report at least in December 1994. Section 3 - Eligible Participants: In Section A.(2) Domestic we believe it would be clearer to expand the definition as follows: "Any company, organization, group, or combination thereof, incorporated under or recognized by the laws of the United States." We would request a similar formulation under B.(3) Foreign, Section 4 - Evaluation Panel: We believe the most relevant U.S. Government agencies are included in the Evaluation Panel membership. However, whether there should be reference to and linkage with other U.S. Government agencies and programs that could be essential to a successfully coordinated U.S. Program. We refer specifically to important financial assistance organizations such as the Export-Import Bank and the Overseas Private Investment Corporation, the Commodity Credit Corporation's debt-equity or debt-for-nature activities, or initiatives such as the Enterprise for Americas Program and the like. We refer as well to the technology transfer initiatives of the Department of Commerce and the U.S. Environmental Protection Agency and others, such as the U.S.-Japan Program, to promote environmental and energy technologies. We do not see a need for representatives of such organizations to become Panel members, but we believe that the Panel should be linked to their work and, perhaps, a reference to "other relevant departments, agencies and programs" should be made to ensure this. There is no consideration of non-governmental members to join in the work of the Panel. 4 Inasmuch as most of the work on the Joint Implementation is likely to be undertaken by non-governmental entities, this absence seems unwise. We recognize that many non- governmental entities will want to participate and that selection would be difficult. Nonetheless, since industry will very likely be the major participant in the program, we would suggest that industry representatives should have the opportunity to participate in the panel's proceedings. Section 4(C)(6) says the Panel is responsible for "certifying net emissions reductions estimated to result from projects." Besides our general disagreement with the "net emissions" formulation. it is not clear in this case what "certifying" means. Since it appears to be covered in Section 4(C)(4) on approval. we believe this article should be dropped altogether. The information and methodology provided by the project applicants should be used and reviewed by the Panel in deciding upon the project approval. Section 5 - Criteria: In line with our general comments that industry will more readily and easily participate in activities in foreign countries if regulations and requirements are reduced to the essential minimum, the criteria should be limited and simple and the Evaluation Panel should be given maximum flexibility in reviewing project submissions. In this vein the "must find" in Section 5(A) should more appropriately read "shall consider." Criterion 5 A.(1) says the project "isaccepted by the government of the host country." We believe it will be essential for governments to agree and to make known who (what agency or combinations of agencies) is the "host government." GCC members have frequently received conflicting information on who represents governments on specific activities. Again, it is very important for industry that the requirements for governmental acceptance or approval are not so onerous and costly as to discourage participation. Criterion 5A.(2) needs greater clarification as to the "data and methodological information" and "current" and "future" emissions. Will this be measured against a baseline? Again. we would delete the "net" before "greenhouse gas emissions." Finally, it is not clear to us how this criterion would apply, for example, to projects conducted in sites where there were no corresponding pre-project emissions and where the emissions avoided would be the difference between emissions from the new project versus what they would have been using less efficient technology. Criterion 5A.(3) requires more explanation for clarity. As indicated earlier, we would delete the "net" before "reductions in greenhouse gas emissions." We believe the final passage on "funds in excess "on fiscal year 1993 is designed to meet "new and additional funding" requirements and would apply only to U.S. Government-funded activities. Criterion 5A.(4) refers to "adequate measures for tracking the actual greenhouse gas emissions resulting from a project." It refers again to "net" greenhouse gas emissions, which, as we have indicated earlier, do not seem appropriate for projects. We believe tracking is 5 necessary to ensure that projects are proceeding as desired and expected. Once again, it is our belief that simplicity and flexibility should govern such tracking procedures. The present description under this criterion is inadequate to determine what the requirements will be, and thus better definition should be provided. Criterion 5A.(5) calls for "external verification" of a project. As already observed, the term "net" should be removed. Additionally. the meaning of "external verification" needs specific definition. Inasmuch as governments accept the project, who would be considered "external" to verify a project? And what would be involved in "verification"? It would appear that the information needed for a review of the project would already be provided under Criteria 5A.(1) through (4); what additional information would be required? GCC would certainly be concerned if external verification were conducted by sources outside the government, other than the project participants themselves. and if it would involve disclosure of inappropriate information or seek to elicit commercially confidential information or information that compromises intellectual property rights. Criterion 5A.(6) calls for identifying any associated non-greenhouse gas environmental impacts/benefits. We would hope that this does not become a disguised Environmental Impact Statement procedure for the project, which might be extraordinarily burdensome and could be unacceptable to foreign governments and industries. Again, we believe further definition and simplicity of implementation relating specifically to the project is urged. Criterion 5A.(7) provides for "assurances that net greenhouse gas reduction benefits accumulated over time will not be lost or reversed." "Net" should be deleted. Additionally, GCC finds it difficult to understand how "assurance" would be given. There may well be alterations in a project that will change results, and adjustments could be made. Moreover, as the projects will be conducted in a foreign sovereign jurisdiction, it may not be possible for a U.S. participant to provide an assurance beyond intent. Also, the meaning of "over time" needs further definition. There is a distinction between the kinds of assurances that can be given over the course of an energy efficiency project and those for an afforestation project, and we do not see clearly how this criterion would be implemented. Criterion 5A.(8) says projects accepted must be registered in the national inventory established under Section 1605 of the Energy Policy Act of 1992. It should be noted that participation in the 1605(b) program is voluntary; here the proposed Groundrules seek to make them mandatory. This is not appropriate. It should also be noted that the 1605(b) reporting would only apply to United States entities and not to foreign entities; some consideration then must be given to this and to how common, harmonious reporting of a project in a foreign country may be achieved. Having said this there is value in making the Groundrules consistent with the 1605(b) guidelines since there should be machinery for assuring consistency in reporting within the U.S. Climate Change Action Plan and ultimately within the agreed international program. Also, GCC notes that the guidelines for reporting under Section 1605(b) do not now exist. The Department of Energy and the 6 Environmental Protection Agency are developing guidelines but they will not be finalized until next fall, and the Energy Information Administration will not publish forms until six months later. Under the present formulation of the joint implementation guidelines, projects cannot be approved until 1605(b) guidelines exist. We believe some adjustment must be made to take account of the timing differential of the availability of the 1605(b) guidelines. Criterion 5A.(9) provides for "annual reports to the Evaluation Panel on the actual reduction achieved in net greenhouse gas emissions and on the share of such reduction attributed to each of the participants. " As stated earlier GCC believes "net" should be deleted. Also, GCC does not believe that many private participants will be able to determine or report on shares of reductions for purposes of USIJI, since it is mainly governments which are informed about and reporting on shares to demonstrate compliance with their national commitments to reduce greenhouse gas emissions. GCC believes that annual reporting to the Panel on the status and progress of a project is appropriate, but suggests that such reports be incorporated into a simple format report incorporating the other criteria requirements of Section 5A. Section 5B. This section lists factors that the Evaluation Panel "shall also consider" in including projects under USIJI. GCC finds that many of these criteria are vague, open ended, and go well beyond the information that is legitimately needed to evaluate a project. In addition, some of the information would be available only to host governments. Specific comments are as follows: Section 5B.(1) calls for information on "the potential of the project to lead to net changes in greenhouse gas emissions elsewhere." Again, we request deletion of the word "net." Additionally, for project participants to have or be able to obtain information "elsewhere" is questionable and would not seem necessarily relevant to participants in the project. As it might be valuable for governments, they should be requested to provide it, not private project participants. Section 5B.(2) requests information on "the potential positive and negative effects of the project apart from its effects on net greenhouse emissions." Again we request "net" be deleted. We also believe this is much too sweeping a requirement to include in the program. It goes well beyond environmental effects, called for in criterion 5A.(6), and could encompass a wide range of issues which go well beyond those needed for joint implementation. Indeed, this could become a disincentive to private sector participation in joint implementation. We believe this criterion should be clarified and narrowed to specific information essential for consideration of joint implementation projects. Section 5B.(3) asks whether U.S. participants are net emitters of greenhouse gases within the United States and, if so, whether they are taking measures to reduce such net emissions. GCC believes this information is completely irrelevant to evaluating the merits of a joint implementation project abroad and should be deleted. 7 Section 5B.(4) requests information on ratification and other measures related to the Framework Convention on Climate Change by the host country. This, GCC believes, is appropriate for governments to obtain and know, but is not necessarily information that private project applicants will have access to. nor should it be relevant to the merits of a joint implementation project. It should be deleted as a criterion for joint implementation project acceptance. Final Comments As our General Comments and Specific Comments make clear, the Global Climate Coalition supports the concept of Joint Implementation, believing it can contribute to the U.S. goals to implement the Framework Convention on Climate Change while benefiting developing countries and others, including business and industry. The extent to which business and industry will be effective participants depends on the policies and procedures developed to realize Joint Implementation in actual programs nationally and internationally. We emphasize that our participation will be facilitated if the program is kept uncomplicated and transparent and formulated as nearly as possible to be consistent with the ways in which business and industry most effectively work internationally while, of course, meeting the goals of the program. We have designed our comments to help achieve this. This brings us to comment on several matters to which the Groundrules do not refer but which we believe will be essential to a successful Joint Implementation Program involving maximum participation of the private sector. There is the need to establish a clear and active focal point to manage the program, integrate the contributions of U.S. agencies, and to assist private sector participants to take part in the most constructive manner possible. The establishment of a small government staff could help to manage the U.S. involvement in joint implementation and could work closely with U.S. participants, including business and industry, to facilitate their active participation. The small staff could also assist in finding ways to reduce the many impediments that exist when initiating and implementing projects and activities in other countries. We also foresee the need for broad information exchange on the program itself, on the types of projects that are being undertaken, and on the needs of host countries. A clearinghouse function for the staff would seem necessary. Additionally, we think this staff could facilitate communications among those government agencies whose activities could contribute to the program and urge them to give priority to joint implementation. The staff could encourage agencies and programs which provide governmental and international sources of funding to find ways to participate in the joint implementation work. The staff could also assist in coordinating both private and governmental activities which are 8 not necessarily part of joint implementation per se. but essential to its success, e.g., training and capacity building in recipient countries. transfer of technology and the like. Additionally, business and industry's participation will be facilitated through active involvement in an orderly development of the Joint Implementation program. In this respect the GCC continues to be concerned over the timing and the possibility of premature decisions on the Joint Implementation Program and the Administration's Climate Change Action Plan (CCAP) in general. The GCC is concerned that many CCAP programs will have barely begun and some will not yet be underway when the CCAP will be revised and incorporated into the National Action Plan and submitted to the Conference of the Parties by September 1994. We are also concerned with the CCAP's requirements for a task force to make initial recommendations by the end of 1994 for a long-term strategy to reduce greenhouse gas emissions after the year 2000. The GCC supports the use of a long-term strategy as a sound planning tool. but we believe it would be premature to propose additional specific strategies or targets for reducing greenhouse gas emissions before the scientific implications associated with greenhouse gas emissions reductions strategies are better understood and before the economic implications of the CCAP are known. The plan's requirement that a task force make initial recommendations by the end of 1994 should be modified to delete reference to 1994, and to include principally a flexible strategy which can be adjusted periodically and as appropriate to fit the scientific and economic studies as they are produced. The Global Climate Coalition appreciates the opportunity to comment on the proposed Groundrules for the U.S. Initiative on Joint Implementation and looks forward to being given the chance to work closely with the U.S. Government in the months ahead as the proposed pilot program is further developed. Sincerely Executive Director 9 07/21/93 12:14 202 638 1043 GCC 001/004 GLOBAL CLIMATE COALITION GROWTH GLOBAL ) IN A F crough (Joint Climite Implenate Chinge) July 21, 1993 Mr. Joseph Stiglitz Member-Designate Council of Economic Advisors 17 & Pennsylvania Ave., NW Room 315 Washington, D.C. 20500 Dear Joseph: I thought you might be interested in the attached letter on joint implementation. Sincerely, Dr John Shlaes Executive Director 1331 Pennsylvania Avenue, NW Suite 1500 - North Tower Washington, DC 20004-1703 Telephone: (202) 637-3162 Fax: (202) 638-1043 Fax: (202) 638-1032 07/21/93 12:15 202 638 1043 GCC 002/004 GLOBAL CLIMATE COALITION ENVIRONMENT GROWTH IN A GLOBAL July 19, 1993 Mr. Thomas F. McLarty Chief of Staff to the President The White House 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Dear Mr. McLarty: Over the next several weeks you and other officials of the Administration will be making decisions regarding policies to meet the goals announced April 21 by President Clinton when he said: "Today, I reaffirm my personal, and announce our nation's commitment, to reducing our emissions of greenhouse gases to their 1990 levels by the year 2000." "I am instructing my administration to produce a cost-effective plan by August that can continue the trend of reduced emissions. This must be a clarion call, not for more bureaucracy or regulation or unnecessary costs, but instead, for American ingenuity and creativity, to produce the best and most energy-efficient technology." This is indeed a challenge as the decisions that you will make will effectively drive energy and economic policy in our country for years to come. Members of the Global Climate Coalition have been pleased to participate in the series of workshops which have been held to discuss options available to meet these goals and want very much to continue to work with you as you develop the plan and prepare to implement it. We urge you to include options in the plan only after a careful analysis of their costs and possible effects on our domestic economy and employment. And, we urge you not to foreclose an option which could, if properly defined without overly restrictive parameters, prove to be the most cost effective and best option available, the option of joint implementation. This concept - as yet to be precisely defined - was included in the Framework Convention on Climate Change as a means to facilitate economic development in developing countries while containing the growth in global greenhouse emissions by the most cost effective means. The way that joint implementation will work domestically cannot be determined at this point as it will depend in large part on the way that the 1331 Pennsylvania Avenue, NW Suite 1500 - North Lobby Washington, DC 20004-1703 07/21/93 12:15 202 638 1043 GCC 4 003/004 Mr. Thomas F. McLarty July 19, 1993 Page 2 international definitions are constructed by parties to the framework convention. This will not be resolved for some time. The drafters of the convention, however, clearly recognized that pursuit of joint implementation programs to achieve net greenhouse gas emissions reductions in developing countries would be regarded as just as significant as domestic reductions of emissions and should be given equal consideration. Properly defined, joint implementation can meet several goals as it can: help address environmental and economic challenges that already exist in developing countries (including countries with economies in transition), where the opportunities for reducing the rate of growth in greenhouse gas emissions far exceed that in the mature, efficient economies of developed countries; reduce greenhouse gas emissions globally at a lower cost than domestic controls; create new job opportunities for U.S. industry by deploying technological and managerial expertise in countries where it is desperately needed; lead to long-term economic development by accelerating the advancement and utilization of more efficient energy technologies with reduced environmental impacts. We understand that there is a debate within the Administration as to whether joint implementation should be a part of the August National Action Plan and the options put forth at that time. We hope that you do not foreclose this option which could be effective in the short term as well as over a longer term in reducing global emissions. Because of population growth the legitimate and understandable desire for economic progress in the developing countries will lead to rapid growth in greenhouse gas emissions in these nations, and reductions in greenhouse gas emissions made in the U.S. or other OECD nations will be quickly overwhelmed. This rate of growth could be reduced by a program of technological cooperation between OECD nations and developing countries. Alternatively, if this option is foreclosed the financial capability of OECD nations to assist these countries in their quest for a better economy could be hampered. The benefits that can accrue to this nation and the world by a well structured policy of joint implementation cannot be underestimated. A national action plan focused solely on domestic programs could threaten the continued economic growth and competitiveness of the U.S. economy. A plan that combines cost effective domestic measures, including voluntary measures, with a properly defined joint implementation program, could foster this nation's economic growth and international competitiveness while providing the 07/21/93 12:16 202 638 1043 GCC 004/004 Mr. Thomas F. McLarty July 19, 1993 Page 3 means for the developing countries to enjoy a level of prosperity and environmental protection that has heretofore eluded them. There is still substantial scientific uncertainty regarding whether global climate change is occurring and if so how fast and what impacts might be. The members of the Global Climate Coalition support actions to reduce greenhouse gas emissions or to increase greenhouse gas sinks that are justified for other economic or environmental reasons. If properly defined joint implementation can be one of those actions. We stand ready to assist you in your efforts. Sincerely, Oxhlan John Shlaes Executive Director cc: Interagency Climate Change Mitigation Group Interagency Analysis Team