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Friday November 27, 2009

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SPOTLIGHT: Energy Security


Reuters/Shannon Stapleton - The Valero St. Charles oil refinery is seen during a tour of the refinery in Norco.

Save to My Portfolio Equity and Efficiency in Cap-And-Trade

Adele Morris, October 26, 2009

The Senate Environment and Public Works Committee held a series of hearings recently on climate change legislation, including provisions for cap-and-trade. Adele Morris discusses the likely distributional implications of a U.S. cap-and-trade system, explaining how policymakers can manage these implications by altering the way in which allowances or allowance revenues are distributed throughout the broader economy. Read More

Energy Security, Environment, Environmental Regulation, Climate Change, Climate and Energy Economics

RESEARCH AND COMMENTARY

Save to My PortfolioA Copenhagen Collar: Achieving Comparable Effort Through Carbon Price Agreements

Adele Morris, Warwick J. McKibbin and Peter J. Wilcoxen, August 28, 2009, The Brookings Institution

The global financial crisis proves how unforeseen macroeconomic conditions can affect policies aimed at reducing and stabilizing greenhouse gas emissions. This paper outlines an example that shows that a price collar can have a negligible expected impact on the outcome that matters most for the climate—increasing emissions. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTime for a Price Collar on Carbon

Adele Morris, Peter J. Wilcoxen and Warwick J. McKibbin, July 24, 2009, Politico

Time for a Price Collar on CarbonAs the Senate moves to consider the House approved cap-and-trade legislation, hurdles still remain. Brookings experts Adele Morris, Peter Wilcoxen and Warwick McKibbin argue that sponsors of the Senate cap-and-trade bill could strengthen its prospects by establishing a price collar as a way to make it more politically and economically attractive. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioConsequences of Alternative U.S. Cap-and-Trade Policies: Controlling Both Emissions and Costs

Warwick J. McKibbin, Adele Morris, Peter J. Wilcoxen and Yiyong Cai, July 27, 2009, The Brookings Institution

Consequences of Alternative U.S. Cap-and-Trade Policies: Controlling Both Emissions and CostsBrookings experts Adele Morris, Peter Wilcoxen and Warwick McKibbin analyze the economic effects of a potential U.S. cap-and-trade program and offer insights to policy-makers on how to limit climate change by reducing greenhouse gas emissions with little risk to the economy. Read More

UPCOMING EVENT

Save to My PortfolioChina on the World Stage: Climate Change, Regional Blocs and Resource Investment

Monday, November 30, 2009
9:00 AM to 12:00 PM
Washington, DC

The world and China’s place in it have transformed over the past year in response to pressure from the most severe global financial crisis in decades. While the economic crisis accelerated China’s emergence as a global superpower, it has yet to fully assess the consequences of its new position on the world stage. On November 30, Brookings and the Australian National University will co-host a discussion on China’s emerging position as a global power. Read More

PAST EVENT

Save to My PortfolioDesigning a Cap-and-Trade System for the United States

Wednesday, November 04, 2009
3:30 PM to 5:00 PM
Washington, DC

Designing a Cap-and-Trade System for the United StatesAs attention to U.S. climate legislation has been increasing on Capitol Hill, Brookings hosted a discussion on a new series of papers on U.S. climate policy design. These papers acknowledge the complexity inherent in climate policy; explain the fundamental challenges involved in addressing a particular set of design features; and suggest a credible path forward, calling attention to tradeoffs where they exist. Read More

PAST EVENT

Save to My PortfolioThe Scouting Report: Previewing President Obama's First Trip to China

Wednesday, November 04, 2009
12:30 PM to 1:30 PM
Washington, DC

The Scouting Report: Previewing President Obama's First Trip to ChinaChina’s continued ascension presents policy challenges for both Beijing and Washington. President Barack Obama made his first trip to China from November 15-18. Kenneth Lieberthal and Fred Barbash, Politico's senior editor, took questions about the president’s trip to China in this edition of the Scouting Report. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioThe Scouting Report Web Chat: Previewing President Obama's First Trip to China

Kenneth G. Lieberthal, November 04, 2009, The Brookings Institution

The Scouting Report Web Chat: Previewing President Obama's First Trip to ChinaChina’s continued ascension presents policy challenges for both Beijing and Washington. President Barack Obama will make his first trip to China from November 15-18, where he will address a multitude of issues ranging from climate change to trade and the economy to military ties between the two nations. On November 4, Kenneth Lieberthal took questions in a live web chat with Politico senior editor Fred Barbash about President Obama's first trip to China. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioCap-and-Trade Costs: Place Matters

Mark Muro and Jonathan Rothwell, November 03, 2009, The Brookings Institution

Cap-and-Trade Costs: Place MattersMuch is in question today as Senate Environment and Public Works Committee chairman Barbara Boxer tries to push ahead with work on climate-change legislation, with Republicans threatening a boycott of the markup. Mark Muro and Jonathan Rothwell examine the costs of cap-and-trade regulations for the U.S. economy and families. Read More

RESEARCH AND COMMENTARY

Save to My PortfolioTransferring Environmentally Sound Technologies in an Intellectual Property-Friendly Framework

Charles K. Ebinger and Govinda V. Avasarala, November 03, 2009, The Brookings Institution

In December, the 15th Conference of Parties will attempt to reach an agreement on new international climate change and emissions regulations. Charles Ebinger and Govinda Avasarala note that any agreement is likely to use a plethora of technologies which many nations do not have access to, and they propose solutions to the intellectual property rights issues involved. Read More

PAST EVENT

Save to My PortfolioThe European Union’s Eastern Partnership, Energy Security and U.S.-EU Cooperation

Monday, November 02, 2009
1:30 PM to 5:45 PM
Washington, DC

On November 2, the Center on United States and Europe and the Energy Security Initiative at Brookings co-hosted a conference on the European Union’s Eastern Partnership with the Embassy of Poland, the Delegation of the European Commission, the Embassy of Sweden and the Heinrich Boll Foundation. The Frontiers of Europe conference discussed the Eastern Partnership’s potential—and the challenges it will face—in achieving its stated goals of promoting democratic values and good governance; strengthening energy security; and fostering stability and economic development. Read More

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