Workshop: Assessing the Benefits of Avoided Climate Change

Hyatt Regency on Capitol Hill, Washington, D.C.
March 16-17, 2009

The U.S. government is considering a range of near-term actions to address the risks of climate change. The Obama administration and key members of Congress intend to make climate legislation a top priority this year. The earliest action, however, may come from federal agencies being pressured by the courts and states to consider limiting CO2 emissions under existing legislative authority. A key element of federal rulemaking is assessing the costs and benefits of proposed policies. While the costs of reducing greenhouse gas emissions have received much attention from analysts and policymakers, far less attention has been directed at quantifying the benefits of such reductions. In spite of remaining uncertainties, the analytical community should offer practical guidance for informing near-term decisions. Drawing from the environmental economics, impacts, vulnerability, and risk assessment communities, this workshop considers what useful insights can be gleaned now about quantifying the benefits of reducing greenhouse gas emissions. The workshop’s objectives are to develop a set of practical recommendations that decision makers can employ in the near-term and to outline a research path to improve decision making tools over time.

PDF version of Agenda

List of Participants 

Speaker Bios

 

Symposium – Assessing the benefits of avoided climate change in government decision making

Opening Remarks
Eileen Claussen, President, Pew Center on Global Climate Change
Video:  WMV     PDF

Keynote Address
Dina Kruger, Director, Climate Change Division, Office of Air and Radiation, U.S. EPA

Panel 1: Perspectives on Government Decision Making for Climate Change
Moderator: Steve Seidel, Vice President for Policy Analysis, Pew Center

  • Martha Roberts, EDF: Incorporating the benefits of climate protection into federal rulemaking
    Video:  WMV     Slides
  • Christopher Pyke, CTG Energetics: A proposal to consider global warming under NEPA
    Video:  WMV     Slides
  • James Lester/Joel Smith, Stratus Consulting: Case studies on government decisions to limit greenhouse gas emissions – California, Australia, United Kingdom
    Video:  WMV     Slides     Paper
  • Paul Watkiss, Paul Watkiss Associates: Social cost of carbon estimates and their use in UK policy
    Video:  WMV     Slides

Panel 2: Challenges to Quantifying Damages from Climate Change
Moderator: Jeremy Richardson, Senior Fellow for Science Policy, Pew Center

  • Mike MacCracken, Climate Institute: Overview of challenges to quantifying impacts
    Video:  WMV     Slides     Paper
  • Kristie Ebi, ESS, LLC: Social vulnerability and risk
    Video:  WMV     Slides     Paper
  • Tony Janetos, Joint Global Change Research Institute: Ecosystems and species
    Video:  WMV     Slides
  • Jon O’Riordan, University of British Columbia: Valuation of natural capital
    Video:  WMV     Slides


Lunch Speaker

Gary Yohe, Wesleyan University: The long view: developing a new decision making framework based on the IPCC’s ‘iterative risk management’ paradigm
Video:  WMV     Slides     Paper

 

Panel 3: The Role of Uncertainty in Assessing the Benefits of Climate Policy
Moderator: Jay Gulledge, Senior Scientist/Science & Impacts Program Manager, Pew Center

  • Brian O’Neill, NCAR: Uncertainty and learning – implications for climate policy
    Video:  WMV     Slides
  • Joel Smith, Stratus Consulting: Dangerous climate change: an update of the IPCC reasons for concern
    Video:  WMV     Slides
  • Michael Mastrandrea, Stanford University: Assessing damages with integrated assessment models
    Video:  WMV     Slides     Paper
  • Chris Hope, University of Cambridge: Social cost of carbon and optimal timing of emissions reductions under uncertainty
    Video:  WMV     Slides     Paper

 

Panel 4: Advances in the Economic Analysis of the Benefits of Climate Policy
Moderator: Liwayway Adkins, Senior Fellow, Economics, Pew Center

  • Steve Rose, EPRI: Federal decision making on the uncertain impacts of climate change: Working with What You Have
    Video:  WMV     Slides     Paper
  • Richard Howarth, E3 Network: The need for a fresh approach to climate change economics
    Video:  WMV     Slides     Paper
  • David Anthoff, ESRI: National decision making on climate change and international equity weights
    Video:  WMV     Slides
  • Steve Newbold, U.S. EPA: Climate response uncertainty and the expected benefits of GHG emissions reductions
    Video:  WMV     Slides     Paper

 

Click here for more information about the workshop, including expert reports and proceedings.