Great Earth Newsletter
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2007 Director's Conference on Climate Change

CBO Director Peter Orszag hosted the 2007 Director's Conference on Climate Change on Friday, November 16. The conference is held each year to bring outside experts together with CBO analysts in a collaborative effort that helps further the agency's research agenda. This year's conference featured leading researchers addressing key questions in the debate on climate change.

Issues in Climate Change

Global climate change is one of the nation's most significant long-term policy challenges. Human activities are producing increasingly large quantities of greenhouse gases, particularly carbon dioxide (CO2). The accumulation of those gases in the atmosphere is expected to have potentially serious and costly effects on regional climates throughout the world. The magnitude of such damage remains highly uncertain. But there is growing recognition that some degree of risk exists for the damage to be large and perhaps even catastrophic.