Allowance Value in a Greenhouse Gas Cap-and-Trade System: How Should it be Used?
September 1, 2009
The Pew Center on Global Climate Change held a briefing on the use of allowance value in a greenhouse gas (GHG) cap-and-trade system. No matter what final form an eventual cap-and-trade system takes, its emissions allowances will represent significant value for decades. The panelists presented different views on how that value should be used, and the key mechanisms for distributing it.
Click an image below to watch the video.
Panelists and Presentations:
[1]
Judi Greenwald, Vice President for Innovative Solutions, Pew Center on Global Climate Change
Presentation Slides [2]
[3]
Melissa Lavinson, Director, Federal Environmental Affairs and Corporate Responsibility, PG&E
U.S. Climate Action Partnership's (USCAP) views on Allowance Distribution
[4]
Chad Stone, Chief Economist, Center on Budget and Policy Priorities
Using Allowance Value to Compensate Consumers
[5]
Keith Belton, Director of Government Affairs, Dow Chemical Company
Using Allowance Value to Address Competitiveness
Related Materials and Publications
Distribution of Allowances under the ACES Act - Policy Memo [7]
Allowance Allocation Brief [8]
USCAP Blueprint for Legislative Action [9]
More climate change policy briefs [11]
Links:
[1] http://www.pewclimate.org/federal/congress/briefing/allowance-value/09-01-09/greenwald
[2] http://www.pewclimate.org/docUploads/greenwald-allowance-distribution-09-01-09.pdf
[3] http://www.pewclimate.org/federal/congress/briefing/allowance-value/09-01-09/lavinson
[4] http://www.pewclimate.org/federal/congress/briefing/allowance-value/09-01-09/stone
[5] http://www.pewclimate.org/federal/congress/briefing/allowance-value/09-01-09/belton
[6] http://www.pewclimate.org/federal/congress/briefing/allowance-value/09-01-09/QandA
[7] http://www.pewclimate.org/policy-memo/allowance-distribution-under-waxman-markey
[8] http://www.pewclimate.org/policy-brief/Allocation
[9] http://www.pewclimate.org/docUploads/USCAP-legislative-blueprint.pdf
[10] http://www.pewclimate.org/biofuels-transportation
[11] http://www.pewclimate.org/congressional-policy-brief-series
[12] http://www.pewclimate.org/videos