Climate Policy Hill Briefing on Carbon Market Design & Oversight in a U.S. Greenhouse Gas (GHG) Cap-and-Trade System

Briefing on Carbon Market Design & Oversight in a U.S. Greenhouse Gas (GHG) Cap-and-Trade System
June 26, 2009

The Pew Center on Global Climate Change and the Nicholas Institute for Environmental Policy Solutions at Duke University held a briefing on the design and oversight of a successful carbon market. The briefing was jointly hosted by the Senate Environment and Public Works Committee, and the Committee on Agriculture, Nutrition and Forestry.
 
As Congress debates climate change legislation, one of the most critical yet least discussed issues is the development and oversight of a well-functioning carbon commodity market.  This briefing framed and discussed many of the central issues in this process, including: overall market design, options for the choice of regulator, the role and importance of the derivatives market, the role of the Over-the-Counter (OTC) market, and the types of rules and enforcement necessary to prevent market manipulation and abuses.

This series was made possible through a generous grant from the Doris Duke Charitable Foundation, but the opinions expressed herein are solely those of the presenters.

Watch the video of each panelist below:

	Janet Peace Vice-President of Markets & Business Strategy, Pew Center on Global Climate Change (moderator)
	Presentation: Windows Media [1]
	De’Ana Dow Managing Director, Government Relations, CME Group
	Presentation: Windows Media [2]    Slides [3] (pdf)
	Mark Lenczowski Managing Director and Associate General Counsel, JP Morgan Chase
	Presentation: Windows Media [4]    Slides [5] (pdf)
	Betsy Moler Executive VP of Government and Environmental Affairs and Public Policy, Exelon Corporation, and former FERC Chair
	Presentation: Windows Media [6]
	Jonas Monast Co-Director, Duke University Climate Change Partnership
	Presentation: Windows Media [7]     Slides [8] (pdf)
	Andy Stevenson Finance Advisor in NRDC's Center for Market Innovation, and a former hedge fund manager and investment banker
	Presentation: Windows Media [9]     Slides [10] (pdf)
	Question & Answer Session
	Presentation: Windows Media [11]

Related Materials:

• Congressional Policy Briefs [12]
• Climate Policy Memos [13]

Back to list of Briefing Videos [14]