Publications

Conference “Putting a price on Carbon European & North American Experiences and Paths Forward”

17 November 2015 - Foreword of the week

bannière conférence washington

In partnership with the Embassy of France in US and the Environmental Defense Fund, I4CE- Institute for Climate Economics organized a conference on November 9th, 2015 in Washington – DC entitled “Putting a price on carbon: European & North American experiences and paths and forward”.
Just a few weeks before COP21, this conference aimed to share experiences from Europe and North America after implementing emissions trading systems. As part of the conference, I4CE also presented results from the “COPEC” research program on EU ETS developments leading to 2030.

Find below the full program along with links to presentations:

Opening remarks

Renaud LASSUS, Head of the Economic Department, Embassy of France in US

Benoît LEGUET, Director, I4CE- Institute for Climate Economics

Derek WALKER, Associate Vice-President, Environmental Defense Fund

Session one: Carbon pricing benefits: emissions reductions, growth and investment

This session explored the various climate, economic and social benefits that can be derived from putting a price on carbon. In particular, it addressed how carbon pricing policies can reduce emissions, enhance economic efficiency, foster growth and support low-carbon investments and which sectors and communities could benefit most from carbon revenues.

Chairman: Benoît LEGUET, Director, I4CE – Institute for Climate Economics

Presentation:

Carbon Pricing and benefits: the RGGI Experience

By Nicole SINGH, Executive Director, RGGI

Benefits of Carbon Pricing in the EU: applying ETS Revenues Towards Climate Action

By Manasvini VAIDYULA, Research Associate, I4CE – Institute for Climate Economics

Discussion:

Adrien VOGT-SCHILB, Economist, co-author of the “Decarbonizing development” report by the World Bank

Frederick TREMBLAY, Director at Quebec Government Office in Washington

Questions & debate

Session two: Carbon pricing, decarbonisation and investments: balancing ambition, risk and flexibility

This session will explore how emission trading schemes support low-carbon technology financing in line with long-term domestic climate ambition. In doing so, the session will explore the most effective way to maintain a strong price signal and how best to manage interactions with complementary energy and climate policies.

Chairman: Benoît LEGUET, Director, I4CE – Institute for Climate Economics

Presentation:

Policy Flexibility and Durability and the Role of Complementary Policies in the North American Trading Programs

By Dallas BURTRAW,  Darius Gaskins Senior Fellow, Resources for the Future

The EU ETS Challenge: Introducing Flexibility in the Emission Cap to Guarantee a Long-term Carbon Price Signal

By Emilie ALBEROLA, Program Director, I4CE – Institute for Climate Economics

Discussions:

Jean-Yves CANEILL, Head of Climate Policy, Electricité de France

Melissa LAVINSON, Chief of Sustainability PG&E

Session three: Carbon pricing in industry, competitiveness and leakage

In view of fragmented carbon pricing policies, this session explored how emission trading schemes can both, increase long-term competitiveness and decrease decarbonisation costs. It explored existing and potential methods that tackle the risk of carbon leakage well as detailing the importance of maintaining incentives for emission reductions that do not introduce distortions between economic sectors.

Chairman: Todd EDWARDS, Program Officer for Climate Change, Stanley Foundation

Presentation:

Competitiveness Impact and Carbon Leakage Risk:  Theory, Evidence and Policy Design

By Grzegorz PESZKO, Lead Economist – Climate Policy, World Bank

A Roadmap for the Decarbonisation of Industrial Sectors: A Tricky Equation for Europe

By Matthieu JALARD, Project Manager, I4CE – Institute for Climate Economics

Discussion:

Tom LAWLER, Washington DC Representative, International Emissions Trading Association

Session four: Towards a carbon pricing club on the road to and through COP21?

The session  explored international efforts on climate action and focused on how COP21 could help coordinate dialogues on carbon pricing at the national and subnational level. Specifically, the session addressed how COP21 can help to facilitate these dialogues; how best to accommodate carbon clubs operating in a multilateral context; and the possible criteria that could be considered for membership.

Moderator: Todd EDWARDS, Program Officer for Climate Change, Stanley Foundation

Round Table Participants

Annie PETSONK, International Council, Environmental Defense Fund

Venkata RAMANA PUTTI, Manager, Climate and Carbon Finance, World Bank

Benoît LEGUET, Director, I4CE – Institute for Climate Economics

Dirk FORRISTER, Chief Executive Officer and President International Emissions Trading Association

Conclusion

Perspectives on Carbon Pricing in Congress: Opportunities and Challenges

Todd WOOTEN, Senior Counsel for Energy and Tax on the Senate Finance Committee

To learn more
  • 11/28/2025 Foreword of the week
    COP30: The missed turn to implementation – and the coalitions moving ahead anyway

    COP30 concluded with an agreement, proving that multilateralism is still alive. However, the results are underwhelming: no push to transition away from fossil fuels, no decision on deforestation, and mixed outcomes on adaptation metrics.  On climate finance, Belém failed to shift from ambition to implementation. Negotiations quickly drifted back to a battle on yet another high-level quantitative target. The decision to triple adaptation funding by 2035 disappointed many, with its distant time horizon, lack of baseline and non-binding wording. COP30 also missed the opportunity to engage with – and build consensus around – concrete measures outlined in the Baku to Belém roadmap to get to $1.3 trillion. Instead, it defaulted to launching new processes – a work programme on climate finance and a ministerial roundtable on the NCQG.  

  • 11/21/2025 Foreword of the week
    How to strengthen climate risk management and supervision to protect financial stability

    Climate change does not conform to business, political or supervisory regime cycles– its adverse long-term impacts lie beyond such horizons. Ten years ago, when Mark Carney highlighted this paradox in his landmark Tragedy of the Horizons speech, climate change was not considered a financial stability risk. Today, European supervisory stress tests estimate up to €638 billion in banking losses over 8 years, while the European Central Bank (ECB) reveals that over 90% of eurozone banks face climate and environmental risks. A key question arises: Is the supervisors’ primary focus on greening the financial system sufficient in the face of rising risks, especially stranded assets? 

  • 11/13/2025
    How solidarity levies can help bridge the climate and development finance gap

    The climate and development finance gap is large and widening, as Official Development Assistance (ODA) declines and needs multiply. With shrinking fiscal space in vulnerable countries, solidarity levies are gaining attention as a predictable source of international finance. Launched at COP28 by Barbados, France, and Kenya, the Global Solidarity Levies Task Force (GSLTF) is the main initiative in this space.

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer