What new climate change policies should the federal government adopt? In Strategic Options for Bush Administration Climate Policy, Lee Lane, the executive director of the Climate Policy Center, critiques current policies and explores options for policymakers. His conclusions will surprise many environmentalists: President Bush was right to reject the Kyoto Protocol and should continue to reject cap-and-trade programs modeled on Kyoto. Emissions trading would be expensive and ineffective. Instead, Lane advocates a modest carbon tax and an aggressive federal R&D effort to develop the breakthrough clean energy technologies that would allow America to drastically reduce its greenhouse gas emissions.