Light breakfast available at 8:30 a.m.
Join RFF for a conversation with Marcus Peacock, a distinguished research professor at George Washington University’s Regulatory Study Center. He is currently serving temporarily as a senior advisor to US Office of Management and Budget Director Mick Mulvaney. Mr. Peacock has written extensively on regulatory policy, including on concepts such as a regulatory budget and a two-for-one regulatory requirement.
He has a long career in public service and has held a number of posts in the federal executive branch, including deputy administrator at the US Environmental Protection Agency and associate director at the Office of Management and Budget. Mr. Peacock previously served as a staff director in both the House and Senate and worked for the Pew Charitable Trusts as well as an environmental consulting firm.
Have a question while watching the live webcast? Tweet your question and include #AskRFF. Questions will be answered as time allows.
Audio and video from the event will be posted online later in the week.
An RFF/Ecofys Webinar
In 2016, more than 1,200 companies around the world disclosed that they had been pricing carbon emissions as part of their internal practices, or that they planned to do so, to mitigate the financial risks of climate change. Some companies use a price on carbon in their strategic planning and models to explore future scenarios related to potential investments or the deployment of resources. Other companies impose an internal carbon price to fund investments into carbon mitigation measures. This price (sometimes known as a “shadow price”) can drive corporate decisionmaking and is a way to hedge against the risks associated with future carbon regulation and changing energy and technology markets.
While adoption of internal carbon pricing continues to grow, companies in different regions and sectors use a wide variety of methodologies and practices. Experts at Ecofys, RFF, CDP (formerly the Carbon Disclosure Project), and other organizations are analyzing how internal carbon prices are developed and used to hedge the risks of future climate change policies and spur carbon mitigation and technology innovation.
CDP’s Nicolette Bartlett will open the webinar by presenting global trends in the use of internal carbon pricing. RFF’s Joe Kruger will then discuss policy drivers for internal carbon pricing in the US electric power sector, and will assess the implications of these practices for climate policy under a new administration. Finally, Long Lam from Ecofys will discuss best practice approaches for companies using or considering internal carbon pricing.