
Ali Hasanbeigi is CEO of Global Efficiency Intelligence. Daniel Moran is an economist at KGM & Associates.
The 1990s were a crucial decade in the history of climate policy. Following the launch of the United Nations Framework Convention on Climate Change in 1992, negotiators from over 50 countries successfully shepherded the Kyoto Protocol to fruition in 1997 — thus formally inaugurating the modern era of international climate policy, with its focus on national contributions toward global emissions reduction targets.