Design Issues in Market-based Greenhouse Gas Reduction Strategies

Nov. 9, 2005
Washington Court Hotel, Washington

Workshop 4: Incentives for Technology Innovation and Deployment

November 9, 2005

Robert LaCount posed the following three questions to frame the discussion.

* Would a price signal established through a greenhouse gas (GHG) trading market adequately encourage private sector investment in lower emitting technologies and accelerate development of additional technology options? To what extent should additional policies, including investment in public research, development, and deployment (RD&D), be used to support these technology goals?

Design Issues in Market-based Greenhouse Gas Reduction Strategies

Sep. 30, 2005
L'Enfant Plaza Hotel, Washington

Workshop 3: Allowance Allocations

September 30, 2005

Robert LaCount, CERA, facilitated open discussions following Richard Morgenstern's and Dan Chartier's presentations. The following major topic areas were discussed

Distributional Effects of a Greenhouse Gas Market

Relationship Between GHG and Electricity Markets

European Union's Emissions Trading Scheme

Political Considerations

Safety Valve

Temporal Considerations

Potential Incentives for Investments

Options for Allocations

Manufacturing Sector

Relationship Between GHG and Voluntary Renewable Markets

Design Issues in Market-based Greenhouse Gas Reduction Strategies

Sep. 16, 2005
Mandarin Oriental Hotel, Washington

Workshop 2: Point of Regulation

September 16, 2005

Robert LaCount, CERA, facilitated the open discussion. The following points summarize the major areas of conversation that emerged during the discussion.

Overarching Issues

Natural Gas

Petroleum

Coal

Geographic Scope of Program

CO2 Price Signal

Carbon Sequestration

Design Issues in Market-based Greenhouse Gas Reduction Strategies

Sep. 1, 2005
Washington Court Hotel

Workshop 1: Design Issues in Market-based Greenhouse Gas Reduction Strategies

Robert LaCount, CERA, facilitator for the discussion, began by reviewing the overall goals of the workshop series. Topics of discussion included:

Timing

Scope of Regulation

Point of Regulation

Allocations

Compliance Flexibility

Cost Controls

Technology Development

Behavioral Incentives

Transaction Costs

Barriers to Entry

Economic Impacts

Economic Risk