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Participants

Energy Policy Symposium:
Distributional Aspects of Energy and Climate Policy

Agenda (with presentations)

Wednesday, January 20, 2010

OPENING REMARKS AND GENERAL POLICY DISCUSSION

8:30 a.m.

Opening Remarks:

  • Mark Cohen, Resources for the Future
  • Phil Sharp, Resources for the Future
  • Robert Topel, University of Chicago
  • Don Fullerton, University of Illinois at Urbana-Champaign

9:00 – 10:00 a.m.

ENERGY OUTLOOK: DOMESTIC & GLOBAL

The Energy Outlook and Climate Change, Richard Newell, Administrator, U.S. Energy Information Administration

10:00 – 10:15 a.m.

Break

TOPIC 1: POLICY ALTERNATIVES

10:15 – 11:05 a.m.

Paper 1: Mitigating Global Warming: Policy Alternatives, Consequences, and Distributional Effects, by Gary S. Becker, Kevin M. Murphy, and Robert H. Topel (University of Chicago)

Discussant: Michael Greenstone (MIT)

11:05 – 11:55 a.m.

Paper 2: Discounting In Integrated Assessment, by David Weisbach and Elisabeth Moyer (University of Chicago)

Discussant: Martin Weitzman (Harvard University)

11:55 – 1:15 p.m.

Lunch Speaker: Chad Holliday, former CEO of Dupont

  • “Energy and Climate Policy: A Private Sector View”

TOPIC 2: DISTRIBUTIONAL EFFECTS OF POLICY ALTERNATIVES

1:15 – 2:05 p.m.

Paper 3: Analytical General Equilibrium Effects of Energy Policy on Output and Factor Prices, by Don Fullerton (University of Illinois at Urbana-Champaign) and Garth Heutel (UNC, Greensboro)

Comments by Samuel Kortum (University of Chicago)

2:05 – 2:30 p.m.

Break

2:30 – 3:20 p.m.

Paper 4: Climate Policy's Uncertain Outcomes: The Role of Complex Allocation Schemes in Cap-and-Trade, by Dallas Burtraw and Margaret Walls (Resources for the Future)

Comments by Arik Levinson (Georgetown University)

3:20 – 4:10 p.m.

Paper 5: Efficiency and Distributional Trade-Offs in Recycling Carbon Cap-and-Trade Revenues, by Roberton C. Williams III (University of Texas, Resources for the Future, and NBER) and Ian W.H. Parry (Resources for the Future)

Discussant: William Randolph (Congressional Budget Office)

4:10 – 4:30 p.m.

Break

 

TOPIC 3: GLOBAL DISTRIBUTION AND INTERNATIONAL COOPERATION

4:30 – 5:20 p.m.

Paper 6: Incentives for Cooperation in International Environmental Agreements, by Charlie Kolstad (University of California, Santa Barbara)

Comments by Scott Barrett (Columbia University)

6:15 p.m. Reception

7:00 p.m. Dinner

Dinner Speaker: Phil Sharp, President, Resources for the Future

  • “U.S. Energy and Climate Policy in 2010 and Beyond”

Thursday, January 21, 2010

TOPIC 4: CGE MODELS AS TOOLS FOR POLICY EVALUATION

9:00 – 9:50 a.m.

Paper 7: Policy Evaluation Using CIM-Earth, by Ian T. Foster (University of Chicago & Argonne National Laboratory), Elisabeth Moyer (University of Chicago), Ken Judd (University of Chicago and Hoover Institution), and Todd Munson (Argonne National Laboratory)

Discussant: Robert Vallario (U.S. Department of Energy)

9:50 – 10:40 a.m.

Paper 8: Climate Change Policy and the Distributional Outcomes for Full Wealth, by Richard J. Goettle (Northeastern University), Mun Sing Ho (Resources for the Future, Dale W. Jorgenson (Harvard University), Daniel T. Slesnick (University of Texas, Austin), and Peter J. Wilcoxen (Syracuse University)

Comments: The Distributional Impact of Climate Policy, by Thomas Hertel (Purdue University)

10:40 – 11:10 a.m.

Break

11:10 – 12:00 p.m.

Paper 9: Distributional Analysis of a Cap and Trade System in a General Equilibrium Setting, by Gilbert E. Metcalf (Tufts University), Sebastian Rauch (MIT), John Reilly (MIT) and Sergey Paltsev (MIT)

Discussant: Shanta Devarajan (World Bank)

TOPIC 3: GLOBAL DISTRIBUTION AND INTERNATIONAL COOPERATION

12:45 – 1:35 p.m.

Paper 10: The Global Effects of Subglobal Climate Policies, by Carolyn Fischer (Resources for the Future), Chris Boehringer (U. Oldenburg) and Knut-Einar Rosendahl (Statistics Norway)

Comments: It's the Terms of Trade!: The Global Effects of Subglobal Climate Policies, by Rodney D. Ludema (Georgetown University)

1:35 p.m.

Closing Remarks

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