Carbon Market Design: Issues + Opportunties
The economics of carbon markets, issues facing the establishment of efficient markets for carbon in the United States, and implications for the design of climate policies were among the topics discussed at a carbon market design workshop Jan. 31-Feb. 1, 2012, in Washington, D.C.
The workshop was a collaboration of USDA’s Economic Research Service, the Commodity Futures Trading Commission, and Farm Foundation, NFP.
Targeted to policymakers, industry leaders, NGOs and academics, workshop sessions focused on lessons learned from existing carbon/environmental markets, potential hurdles to the design of domestic carbon markets, and alternatives for climate policies.
Here are presentations, as available, from the workshop:
Richard Sandor, Environmental Financial Products and founder of the Chicago Climate Exchange
Carbon Markets Marketing
Jim Kharouf, Environmental Markets Newsletter
Lessons from Existing Environmental Markets for the Design of Climate Policy
Dallas Burtraw, Resources for the Future
Implementation of Regional Carbon Markets in the United States
Jonathan Schrag, Regional Greenhouse Gas Initiative, Inc.
The Role of Exchanges in Global Environmental Markets: Confidence, Stability, Transparency
Tom Lewis, Green Exchange
Moderating Price Volatility
Andrew Stocking, Congressional Budget Office
Participation in the Carbon Market
Albert “Pete” Kyle, University of Maryland
Matthew Harding, Stanford University
Alternatives to Quantity-based Climate Policy
Peter Cramton, University of Maryland
Henrik Hasselknippe, Green Exchange
Oil Prices and the Carbon Market
Perry Sadorsky, York University
Nela Richardson, Commodity Futures Trading Commission
Agricultural Carbon Credits: Lessons Learned from the AgraGate Experience
Dave Miller, Iowa Farm Bureau Federation
Tradeoff Between Permits and Offsets
Adele Morris, Brookings Institution
John Horowitz, USDA Economic Research Service
Regulatory Perspective on Carbon Markets
Eric Juzenas, CFTC Chairman’s Office