Menu
FR
search
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
  • 04/25/2024
    I4CE’s recommendations to the European Banking Authority on prudential transition plans

    The European Banking Authority (EBA) is clarifying how the banks should frame their “transition plan” as required by the EU prudential regulation. The transition plan is the bank’s strategic roadmap to prepare for the transition to a sustainable economy as framed by the jurisdictions they operate in, including an EU climate-neutral economy. It has been introduced in several EU regulatory frameworks, including as a disclosure requirement arising from the CSRD. The prudential framework and the EBA are focusing on a specific angle: how the banks plan to manage their financial risks related to the transition. EBA’s framing of these plans will be key to determine whether the banks will manage their financial risks consistently with the broader need of financing the transition to a low-carbon economy. 

  • 04/19/2024 Foreword of the week
    World bank and IMF Spring Meetings: How can the reformed institutions play a leading role in funding the transition?

    Rethinking how development can be financed to take into account the rising challenges of our time is a fastidious task, especially when thousands of experts, decision makers and practitioners want to leave their print. The outline of the new international financial architecture is being debated again this week, with more questions open for discussion than consensus on the answers. 

  • 04/19/2024 Blog post
    More and better finance: maximising positive climate impacts for a timely transition 

    Since the Paris Agreement in 2015, significant strides have been made to foster the commitment of countries and financial institutions to address the climate crisis and ensure that climate risks and opportunities are considered in investments. However, with emissions required to peak before 2025, our window of opportunity is rapidly closing to keep +1.5°C within reach. Financial needs to lower greenhouse gas (GHG) emissions and to address adaptation priorities are increasing rapidly in the meantime. Luis Zamarioli Santos and Diana Cárdenas Monar, from I4CE, believe that commitment must urgently translate into action, and action must bring the urgent change the world needs. Both governments and public financial institutions have a central role to play to deliver more and better finance, maximising positive impacts. This blogpost highlights some opportunities to advance in the path for a systemic transformation, involving key stakeholders with a whole-economy approach.  

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