*Names in bold indicate Presenter
This paper first draws from development economics, including Lant Pritchett’s long-run modeling of elite commitment and inclusive growth (“the guts of a Grand Unified Theory”), Herman Daly’s “ecological economics,” Richard Auty’s “Resource Curse” and this author’s research on alternative correlations of development and extraction. In addition, a crucially important business approach is the Extractive Industries Transparency Initiative, as the global leader in monitoring accountability and responsible management of extraction. Next, this paper incorporates the global scientific perspectives of carrying capacity, including Saleem Ali’s vision of sustainability and a prudent view of “Hubbert’s Peak” capacity of natural resource extraction versus formation rate. Finally, the paper addresses various law-based regimes, including human rights, labor, rule-of-law analyses, and democratic capacity, citing to the World Resources Institute forthcoming Environmental Democracy Index. This paper also seeks to explore a potential paradox in energy policy’s dependence on non-fuel resources, as a function of technological innovation and climate change mitigation. Ultimately, the goal of this paper is to align a comprehensive policy network with an existing paradigm, the UNFCCC, and assess the resulting integration’s ability to address both extractive and climate change challenges.