Date: 16 November
Location: Green Zone
Organizers: French Environment Ministry, General Directorate for Energy & Climate (DGEC)
In the aftermath of the Paris Agreement carbon pricing has become a priority to initiate the transition to a low-carbon economy. In view of this, Ségolène Royal, President of the COP, has commissioned Pascal Canfin, Gérard Mestrallet and Alain Grandjean to formulate proposals for carbon pricing. The report submitted in July 2016 underlines the need to strengthen the European carbon market, as the price fell more than 50% since the end of 2015 to around €4 in 2016. Drawing from the experience of international carbon markets that have price control mechanisms (California and Quebec, for example), introducing a carbon price corridor could enhance the stability of carbon prices, making them more effective and predictable.
This side-event will discuss about key findings of this report and of the latest OECD report on carbon pricing published September 26, 2016 which shows that there is a significant gap between the current policies pricing carbon and the necessary price to match even the lowest estimate of climate costs (€30 per tonne of CO2). It will open the debate on major international examples of carbon markets which regulated prices, with particular experience in California and Quebec returns.
- Laurent MICHEL | French Environment Ministry
- Gérard MESTRALLET | Chairman of the board of directors, ENGIE
- Richard BARON | Expert and Project Coordinator: Aligning Policies for a Low-Carbon Transition, OECD
- Emily WIMBERGER | Chief Economist, California Air Resources Board
- Emilie ALBEROLA | Program Director Industry and Energy, I4CE – Institute for Climate Economics
Emilie ALBEROLA, Phd
Program Director- Industry, Energy and Climate
Emilie Alberola is a Program Director at I4CE, where she oversees research on carbon pricing policies in the sectors of industry and energy. For 10 years, Emily has developed expertise on the formation of carbon prices which are established by emissions trading schemes or carbon taxes, in Europe and in the rest of the world. Emilie coordinates and participates in several research projects (COPEC, CARISMA, case studies “Emissions Trading Schemes”, etc …) in collaboration with numerous research centers, think tanks, public institutions and public and private decision makers.
Since 2015, Emily is a member of the Economic Council for Sustainable Development (ECSD). Author of numerous publications in general and academic papers, she teach Climate Change Economics for a Master in “Energy-Finance-Carbon” from the Paris-Dauphine University and a certificate for “Energy-Finance” from HEC Paris and other training for postgraduate courses for universities in France.
Emilie is a doctor of economic sciences at the University Paris I Sorbonne and graduated from the Specialized Master in “Management for Sustainable Development” of HEC.
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