Retrospective Analysis of US Climate Policy
This one-day workshop at Resources for the Future, featuring top climate policy researchers, will focus not on evaluating policy options themselves but on addressing few simple questions: What does success look like? How can it be measured? And how can policy be designed now so that accurate assessments are possible in the future?
The answers are likely to be complex, and vary depending on the policy pathway in question. At the workshop, retrospective analysis of three plausible types of climate policy will be examined:
- Regulation under the Clean Air Act
- State-level cap and trade
- A federal carbon tax
Sessions will consider information needs, research methods, and institutional mechanisms that would enable ex-post analysis in three areas: 1) environmental benefits, 2) cost effectiveness, and 3) distributional consequences.
The workshop will take place on September 19th at RFF, located at 1616 P St. NW in Washington, DC, and will be open to invitees only. To foster open discussion, the event will follow the Chatham House rule.
For related RFF research on ex-post analysis of climate policy, click here.
9:00 a.m. Phil Sharp: Welcome and Introduction Session I: The Clean Air Act 9:15 - 9:20 Nathan Richardson (RFF): Introduction 9:20 - 9:35 Nick Bianco (WRI): A Regulatory Approach to Climate in Policy Context 9:35 - 9:50 Dick Morgenstern (RFF): Retrospective Analysis of Clean Air Act Regulation
9:50 - 10:05 Dallas Burtraw (RFF): Economic Analysis of Regulatory Climate Policy 10:05 - 10:15 David Evans (EPA): Discussant 10:15 - 10:30 Q&A 10:30 - 10:45 Break Session II: State Cap-and-trade Policies 10:45 - 10:50 Karen Palmer (RFF): Introduction 10:50 - 11:05 Franz Litz (Pace University): Status of State Climate Policy 11:05 - 11:20 Susan Tierney (Analysis Group): Measuring Cost Effectiveness
11:20 - 11:35 Daniel Shawhan (RPI/RFF): Measuring Environmental Effectiveness
11:35 - 11:50 Daniel Kammen (Berkeley): Measuring Distributional Impacts
11:50 - 12:00 Blas L. Pérez Henríquez (Berkeley): Discussant 12:00 - 12:15 p.m. Q&A 12:15 - 1:15 Lunch Session III: Carbon Tax 1:15 - 1:20 Ray Kopp (RFF): Introduction 1:20 - 1:35 Marc Hafstead (RFF): Measuring Environmental Effectiveness
1:35 - 1:50 Billy Pizer (Duke): Measuring Cost Effectiveness 1:50 - 2:05 Gilbert Metcalf (Tufts): Measuring Distributional Impacts
2:05 - 2:15 Terry Dinan (CBO): Discussant 2:15 - 2:30 Q&A 2:30 - 3:15 Ray Kopp (RFF): Audience Discussion 3:15 - 4:30 Reception
Nathan Richardson is a university fellow at RFF where he specializes in environmental law and economics.
Richard D. Morgenstern
Richard Morgenstern is a senior fellow at RFF. His research focuses on the economic analysis of environmental issues with an emphasis on the costs, benefits, evaluation, and design of environmental policies.
Darius Gaskins Senior Fellow
Dallas Burtraw is a Darius Gaskins senior fellow at RFF. Burtraw’s research includes analysis of the distributional and regional consequences of climate policy and the evolution of electricity markets including renewable integration.
Karen Palmer is a Senior Fellow at Resources for the Future and an expert on the economics of environmental, climate and public utility regulation of the electric power sector. She also serves as the director of the Future of Power Initiative.
Daniel Shawhan is a fellow at RFF. His research focuses on predicting and estimating the effects of electricity policies, including environmental ones.
Marc Hafstead is an RFF fellow and director of the Carbon Pricing Initiative and the Climate Finance and Financial Risk Initiative.
William A. Pizer
Vice President for Research and Policy Engagement
Billy Pizer is Vice President for Research and Policy Engagement at RFF.
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