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Graciela Chichilnisky’s Book “Reversing Climate Change: How Carbon Removals Can Resolve Climate Change And Fix The Economy” Offers a Solution to Reverse Climate Change


Renowned economist and environmentalist, Graciela Chichilnisky, has published a groundbreaking book “Reversing Climate Change: How Carbon Removals Can Resolve Climate Change And Fix The Economy (Environmental Energy Economics).” In this book, Chichilnisky argues that climate change is not just an environmental problem, but also a socioeconomic issue that can only be solved by fixing the relationship between rich and poor nations.

The book delves into the history of the Kyoto Protocol, an international agreement that aimed to reduce greenhouse gas emissions to combat global warming. Chichilnisky, who played a crucial role in designing the Protocol’s carbon market and Clean Development Mechanism, highlights the innovative economic system that was created to reduce carbon emissions and promote sustainable development in developing countries. The book also addresses the continuing impasse between rich and poor nations, particularly in terms of who should bear the responsibility of reducing emissions.

Through her expertise and extensive research, Chichilnisky asserts that reversing climate change is not only possible, but also profitable. The book explores the various technologies and initiatives that can be implemented to extract CO2 from the atmosphere, utilize it, and sequester it in a commercially profitable manner. The book also emphasizes the importance of finding economic solutions that would help developing countries transition to a sustainable economy without compromising their economic growth.

Chichilnisky’s book has garnered praise from notable figures in economics, politics, and environmentalism. Professor Edmund Phelps, a 2006 Nobel Laureate in Economics and Director of the Center on Capitalism and Society at Columbia University, commended Chichilnisky’s talent and genius in addressing the dire problem of climate change. Theodore Roosevelt IV, Managing Director and Chairman of Barclays Cleantech Initiative, praised the book’s ability to explain complex topics with great clarity, particularly on the urgent need to extract CO2 from the atmosphere and utilize it in a commercially profitable manner.

Overall, “Reversing Climate Change: How Carbon Removals Can Resolve Climate Change And Fix The Economy (Environmental Energy Economics)” is a call to action for policymakers, industry leaders, and individuals to work together to combat climate change. It provides a comprehensive understanding of the intersection between economics, politics, and the environment, and offers practical solutions to reverse the impact of climate change.

The book is available for purchase on Amazon in both print and e-book formats. For more information, please visit

“Reversing Climate Change: How Carbon Removals Can Resolve Climate Change And Fix The Economy (Environmental Energy Economics)”
Authors: Graciela Chichilnisky and Peter Bal
Publisher: Your World Scientific
Publication Date:June 29, 2020
Genre: Environmental Economics
Target Audience: General Audience
Paperback ISBN: 978-9814719353
Hardback ISBN: 978-9814719346

About the Author
Graciela Chichilnisky has worked extensively on the Kyoto Protocol, creating and designing the carbon market that became international law in 2005. The Washington Post calls her an “A-List Star” and Time Magazine calls her a “Hero of the Environment” and was elected one of the Ten Most Influential Latinos in the US.

US Congressman, Jay Inslee wrote that her work is “revolutionary for the international community.” A world-renowned economist, she is the creator of the formal theory of Sustainable Development and acted as Lead US Author of the Intergovernmental Panel on Climate Change, which received the Nobel Prize in 2007. Her pioneering work uses innovative market mechanisms to create Green Capitalism. She acts as a special adviser to several UN organizations and heads of state. Dr Chichilnisky is CEO and Co-Founder of Global Thermostat, (, a company that created “Carbon Negative Technology”™ capturing CO₂ from air and transforms it into profitable assets such as biofuels, food, beverages, and enhanced oil recovery.

Fast Company magazine selected Global Thermostat, as the “World’s Top Ten Most Innovative Company” in Energy. Dr Chichilnisky was awarded the 2015 “CEO of the Year” by IAIR at Yale University Club in NYC. Additionally, Dr Chichilnisky is a Professor of Economics and Mathematical Statistics and a University Senator at Columbia University, and Director of the Columbia Consortium for Risk Management (

Dr Chichilnisky is also a Visiting Professor at Stanford University. She is the author of 15 books and some 320 scientific articles in preeminent academic journals. Her two most recent books are The Economics of Climate Change and Saving Kyoto.

Dr Chichilnisky holds two PhD degrees, in Mathematics and Economics from MIT and UC Berkeley respectively. She is a frequent political and economic speaker on CNN, ABC, BBC TV News, and Bloomberg News, as well as a frequent keynote speaker at leading international conferences and universities.

Peter Bal is a businessman and ecological restoration practitioner. Born in the US in 1960 and educated across Europe and Asia, Bal uses the multilingual and creative mind to bridge cultural differences in international transactions. His experience includes selling the Empire State Building, producing alcohol from grapes, and restoring a devastated forest in France.

Bal sees CO₂ as an asset to be mined. He has chosen to dedicate natural plant absorption as well as industrial solutions to retrieve CO₂ from the atmosphere. He is currently working on a containerised CO₂ absorbing unit with Global Thermostat, and also participating with John D Liu in setting up ecological research and training centers.

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 Graciela Chichilnisky
 Climate Change
 Environmental Energy
 Kyoto Protocol
 Carbon Market

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