Past Seminar

Managing Costs in a U.S. GHG Trading Program

Mar 19, 2008

About the Event






Issues, Options and Implementation

March 19, 2008

One of the most controversial issues in the debate over the design of a U.S. greenhouse gas (GHG) trading program is how such a program will address concerns about potential costs and adverse impacts on the economy.

A variety of proposals have emerged, including an explicit upper limit on allowances prices (in S.1766, the Low Carbon Economy Act) and an independent board to manage the emissions budget over time, in order to contain costs (in S.2191, the Climate Security Act).

Video and Audio

Audio Version (mp3) Part 1, Part 2


  • William A. Pizer, University Fellow, Susan B. King Professor and Associate Dean for Programs, Sanford School of Public Policy, and Faculty Fellow, Nicholas Institute for Environmental Policy Solutions, Duke University
  • Dallas Burtraw, Darius Gaskins Senior Fellow, Resources for the Future