The Next Round of Climate Economics and Policy Research

Date

Oct. 27, 2011 to Oct. 28, 2011

Participants

Ian Parry, Mark A. Cohen, and Phil Sharp

Event Series

Workshop

Event Details

October 27-28, 2011

With congressional action on climate policy at an impasse, US efforts now are proceeding through other channels, including various clean energy initiatives and provisions of the Clean Air Act. We are bringing together a group of outstanding research economists and policy leaders to take stock and help provide guidelines for future climate policy. The papers commissioned for this conference, together with discussants’ comments by academic and policy experts, will summarize existing scholarship and set an agenda for policy relevant research for the near-term future.

The financial support of the US Environmental Protection Agency, Stanford University, and Resources for the Future is deeply appreciated.

Event Agenda

Thursday, October 27, 2011           

8:30 a.m. Opening Remarks
Phil Sharp, President, Resources for the Future

Incentives  and Barriers to Reduce GHG Emissions          

8:45 a.m. - 9:45 a.m. Incentives for Technology and Innovation
Adam Jaffe, Brandeis University
Discussants:
Ian Parry, International Monetary Fund, on leave from Resources for the Future
Michael J. Holland, Office of the Undersecretary for Science, US Department of Energy          

9:45 a.m. - 10:45 a.m. Barriers to Implementing Low Carbon Technologies
Jim Sweeney, Stanford University and Ken Gillingham, Yale University
Discussants:
Howard Gruenspecht, Energy Information Administration
Richard Newell, Duke University          

11:15 a.m. - 12:15 p.m. The Role of Information Disclosure
Mark Cohen, Resources for the Future and Vanderbilt University, and Kip Viscusi, Vanderbilt University
Discussants:
Matt Kotchen, Yale University
John Sottong, Climate Leaders Program, US EPA          

12:15 p.m. - to 1:45 p.m. Lunch Keynote
Dr. Steve Koonin, Under Secretary for Science, US Department of Energy          

Institutional Constraints and Opportunities          

2:00 p.m. - 3:30 p.m. Offsets:  Their Roles, Their Challenges

How Would Domestic and International Emissions Policies Fare under the Clean Air Act?
Nathan Richardson and Molly Macauley, Resources for the Future


Greenhouse Gas Offsets: Challenges and Opportunities
Suzi Kerr, Motu Economic Research and Adam Millard-Ball, Stanford University
Discussants:
Michael Wara, Stanford Law School
Richard Bernknopf, University of New Mexico and formerly, US Geological Survey          

4:00 p.m. - 5:00 p.m. State-Federal Interactions
Dallas Burtraw, Resources for the Future and William Shobe, University of Virginia
Discussants:
Robert Stavins, Harvard University
James Nachbaur, Legislative Analyst Office, California Legislature          

Friday, October 28, 2011

Methods for Evaluating Climate Policies          

9:00 a.m. - 10:00 a.m. Valuing Non-Market Benefits
Alan Krupnick, Resources for the Future
Discussants:
Cathy Kling, Iowa State University
Stephanie Waldhoff, Climate Econimics Branch, US EPA          

10:30 a.m. - 11:30 a.m. Discounting Benefits and Costs from Climate Policy
Larry Goulder, Stanford University and Rob Williams, Resources for the Future and University of Maryland
Discussants: 
Dominic Mancini, White House Office of Management and Budget, Billy Pizer, Duke University          

11:30 a.m. - 1:15 p.m. Lunch: A Discussion with Government Leaders: What Climate Economics Research Would Be of Most Value to Policy Makers?
Terry Dinan, U.S. Congressional Budget Office
Gilbert Metcalf, US Department of Treasury
Nathaniel Keohane, National Economic Council
Al McGartland, National Center on Environment and Economics, US EPA           1:15 p.m. - 1:20 p.m. Closing Remarks

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Participants

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