Introduction Ever since the onset of industrialization in the middle of the 1700s, our planet’s population has been rapidly increasing due to the rising production capacity and the developing technologies allowing better maintenance of health care and support for the population (Sachs, 1). Naturally, the need for resources grew along with the population size and soon has led to overconsumption – a very dangerous phenomenon for the environment and, as a consequence, for the future of humankind. As a result, the contemporary leaders are faced with a problem of global character – the urgent need for sustainable ways of developing science, technology, and businesses without outing the survival of humanity under threat. The change of this magnitude requires a serious approach based on the leaders worldwide’ combined efforts and a set of policies enabling sustainable development, preventing the further deterioration of the environment. Due to the diversity of factors contributing to the problem and the variety of perspectives and positions of different countries, the generally accepted and effective policies are very difficult to establish. Essential elements of the climate change problem The elements that are currently known as the contributing factors involved in the problem of climate change are multiple and diverse. In particular, Sachs named the emissions of CO2 as one of the major drivers of climate change on our planet (399). The emissions are attributed to versatile modes of transportation that are actively used in the contemporary world, heavily impacted by globalization. In other words, communications facilitated by transportation modes such as airplanes, motor vehicles, and ships are crucial for modern economies and political relations. Attempting to address the problem of excessive emissions of CO2 and the pollution of the atmosphere, policymakers are put before a choice – they either have to restrict the number of vehicles used worldwide or the amount of CO2 produced by the existing transport. The former option is highly unrealistic as it would result in an economic turmoil created by the lack of resources that are usually delivered by airplanes, trucks, trains, and ships. At the same time, the attempts of limiting the amount of discharged CO2 have been successfully proposed and implemented by organizations such as the EPA (Environmental Protection Agency) in the United States and the European Commission in the European Union. In particular, the EPA’s standards are based on the evaluation of the latest technology available to different manufacturers and facilities correlated with the reasonable regulations preventing the excessive emissions produced by car and airplane engines and factories (“Center for Climate and Energy Solutions”). Moreover, another significant element of climate change is the global nature of the problem (Sachs, 394). In other words, the cooperation of the world’s governments is required to achieve noticeable change. Unfortunately, this is not always an option. While the high-income countries begin to prioritize the environmental issues, the developing countries with the emerging economies are more focused on the maximization of profit and production that happens at the cost of the environment. Finally, the growing population facilitating the excessive consumption of natural resources is another element contributing to the climate change problem. More transportation and manufacturing are required, and more emissions are produced (Sachs 337). Policy protecting from negative environmental impacts and p