Pew Center Workshop on the Economics and Integrated Assessment of Climate Change


Tuesday, July 20, 1999

3:00 p.m.  
Westin Hotel check in available

8:00 p.m.  
Informal gathering at Westin Hotel bar

Wednesday, July 21, 1999

7:30 – 8:30 am 
Workshop registration and continental breakfast for all participants
8:30 – 8:45 am 
Welcome and Introduction: Eileen Claussen, Executive Director, Pew Center on Global Climate Change

8:45 – 9:45 am 
Opening Remarks/Discussion: Professor Kenneth Arrow, Stanford University
“Where We are in the Economics of Climate Change”
Respondents:  John Weyent, Stanford University
Henry Jacoby, Massachusetts Institute of Technology

9:45 – 10:00 am Coffee Break

10:00 – 11:50 am
FIRST WORKSHOP PANEL - “Intergenerational Equity in Climate Change Policy”
Chair:  Robert Lind, Cornell University, Johnson Graduate School of Management

  • “Climate Rights and Integrated Assessment”
     Richard Howarth, Dartmouth College
  • “Macroeconomics of Stewardship”
    Peter Brown, University of Maryland
  • Presentation
    Geoffrey Heal, Columbia University
  • “Valuing the Future Consequences of Climate Change”
     Billy Pizer and Richard Newell, Resources for the Future

 Open discussion, all workshop participants

12:00 – 1:15 pm
LUNCH - Provided at the Westin Hotel Workshop Center

1:15 – 3:45 p.m.
SECOND WORKSHOP PANEL -  “Technological Change and Integrated Assessment Modeling”
Chair: Dale Jorgenson, Harvard University, Department of Economics/Kennedy School of Government

  • “Technological Change and Dynamic Climate Policy Modeling”
       Alan Sanstad, University of California, Berkeley
  • “Temporal and Spatial Dimensions of Induced Technical Change”
       Michael Grubb, Royal Institute for International Affairs
  • "A Technology Strategy for Global Warming:
    Implications for Policy"
       David Victor, Council on Foreign Relations
  • “Dynamic Climate Policy Modeling”
       Rich Richels, Electric Power Research Institute
  • “Microeconomic Analysis of Technological Change: Invention, Innovation, and Diffusion”
     Robert Stavins, Harvard University
  • “Modeling Uncertainty of Induced Technological Change”
    Nebojsa Nakicenovic, IIASA
  • “Induced Technological Change and Climate Policy”
       Lawrence Goulder, Stanford University

Open discussion, all workshop participants

3:45 – 4:00 p.m. Coffee Break

4:00 – 6:00 p.m.
THIRD WORKSHOP PANEL - “Climate Uncertainties in Integrated Assessment Modeling”
Chair: Klaus Hasselman, Max Planck Institute for Meteorology, Germany

  • “Climatic Non-linearities in Integrated Assessment Modeling”    Stephen Schneider, Stanford University
  • “Dual Control: Reducing Uncertainty Through Policy Experiments”
       Hadi Dowlatabadi, Carnegie Mellon University
  • "The Carbon Cycle Climate: The Long Term Effects of Fossil Fuel Burning”
       James Kasting, Pennsylvania State University

 Open discussion, all workshop participants

RECEPTION/DINNER Sponsored by the Pew Center on Global Climate Change

6:30 – 7:30 p.m. 
7:30 – 9:00 p.m. Dinner
Speaker - Eileen Claussen, Executive Director of the Pew Center on Global Climate Change.      “Policy and Politics of the Climate Change Debate”

Thursday, July 22, 1999

8:00 – 9:00 am 
Continental breakfast for all participants

9:00 – 10:00 am 
Remarks/Introduction: Eileen Claussen
Discussion: Professor Michael Porter, Harvard Business School
“Competitiveness and the Environment”

10:00 am – 12:00 pm
FOURTH WORKSHOP PANEL - “The Internal Organization of Firms in Integrated Assessment Modeling”
Co-chairs: Jeffrey Frankel, Brookings Institute &  Everett Ehrlich, ESC Company

  • “Environmental Decision-making and the Theory of the Firm”    Stephen DeCanio, University of California, Santa Barbara
  • “Opening up the Black Box: Organizational Design as Dynamic Networks”
       Kathleen Carley, Carnegie Mellon UniversityPresentation
  • Paul Portney (invited), Resources for the Future

Open discussion, all workshop participants

12:00 – 1:30 p.m. 
LUNCH - Provided at the Westin Hotel Workshop Center

1:30 – 3:45 p.m. 
“Where We are Going in the Economics of Climate Change” A Discussion led by Eileen Claussen and Kenneth Arrow regarding the “state of the art” in economic modeling of climate change.

3:45 - 4:00 p.m. 
Concluding Remarks, Kenneth Arrow