Policy makers should radically rethink the current approach to climate change policy, according to a paper by professors at the London School of Economics and Oxford University.

The Hartwell Paper was put together following an LSE/Oxford meeting with professors from other international universities, which discussed “what went wrong” at the Copenhagen climate change talks and with the UNFCCC/Kyoto model.

It concluded that rewarding and encouraging constructive objectives is a better approach than punishing damaging activities, as climate change policies currently do.

The Paper explains that energy efficiency strategies are a first step but places most importance on zero carbon energy. It says that investment in innovative zero carbon energy sources is needed, and suggests dedicated carbon taxes as a funding mechanism.

http://eprints.lse.ac.uk/27939/1/HartwellPaper_English_version.pdf