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The text that follows formed the basis for a talk given in London to the Political Economy Club on 3 February 2010. A post-script takes account of developments in the ensuing month. The writer was formerly Head of the Economics and Statistics Department of the OECD. He is currently a Fellow of the Institute of Economic Affairs in London and Chairman of the Academic Advisory Council of the Global Warming Policy Foundation. [ABSTRACT FROM AUTHOR]

Discusses the policies of Organization for Economic Cooperation and Development countries on climate changes and greenhouse gas mitigation. Key issues of interest; Analysis of pertinent topics and relevant issues; Implications on the energy industries and environmental protection.