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Market Mechanisms and Incentives: Applications to Environmental Policy
Resources for the Future (RFF)
RFF Conference Center
1616 P Street, NW
Washington, DC 20036

April 29, 2009

Print Version (PDF) (2 pp, 20 K, about PDF)

8:30 a.m. 9:15 a.m. Registration
     
9:15 a.m. 9:30 a.m. Introductory Remarks:  Julie Hewitt, EPA, Economic and Environmental Assessment Branch, Office of Water
     
9:30 a.m. 11:20 a.m. Session I:  Fuel Economy and Gasoline Prices
Session Moderator:  Cynthia Morgan, EPA, National Center for Environmental Economics
     
  9:30 a.m. 10:00 a.m. Imperfect Competition, Consumer Behavior, and the Provision of Fuel Efficiency in Vehicles (PDF) (1 pp, 46 K)
Carolyn Fischer, Resources for the Future
     
  10:00 a.m. 10:30 a.m. New Vehicle Characteristics and the Cost of the Corporate Average Fuel Economy Standard (PDF) (1 pp, 45 K)
Thomas Klier, Federal Reserve Bank of Chicago, and Joshua Linn, University of Illinois at Chicago
     
  10:30 a.m. 10:40 a.m. Discussant:  Gloria Helfand, University of Michigan, and EPA, Office of Transportation and Air Quality
     
  10:40 a.m. 10:50 a.m. Discussant:  Winston Harrington, Resources for the Future
     
  10:50 a.m. 11:20 a.m. Questions and Discussion
     
11:20 a.m. 12:30 p.m. Lunch (On Your Own)
     
12:30 p.m. 1:30 p.m. Panel Discussion:  Role of Market Mechanisms and Incentives to Climate Change
Moderator:  Dick Morgenstern, Resources for the Future
Panelist:  Joe Aldy, Special Assistant to the President for Energy and the Environment
              David McIntosh, Senior Counsel in the Office of Congressional and Intergovernmental Relations
              David Montgomery, Charles River Associates
              Brian Murray, Duke University
     
1:30 p.m. 1:40 p.m. Break
     
1:40 p.m. 3:30 p.m. Session II:  Applications of Environmental Trading Programs
Session Moderator:  Will Wheeler, EPA, National Center for Environmental Economics
     
  1:40 p.m. 2:00 p.m. An Experimental Analysis of Compliance in Dynamic Emissions Markets:  Theory and Experimental Design (PDF) (1 pp, 45 K)
John Stranlund, University of Massachusetts–Amherst; James Murphy, University of Alaska–Anchorage; and John Spraggon, University of Massachusetts–Amherst
     
  2:00 p.m. 2:30 p.m. Can Markets for Development Rights Improve Land Use and Environmental Outcomes? (PDF) (1 pp, 44 K)
Virginia McConnell, Elena Safirova, Margaret Walls, and Nick Magliocca, Resources for the Future
     
  2:30 p.m. 2:35 p.m. Discussant:  Heather Klemick, EPA, National Center for Environmental Economics
     
  2:35 p.m. 3:05 p.m. Preliminary Findings and Observations on Ohios Great Miami River Water Quality Credit Trading Program (PDF) (1 pp, 46 K)
Richard Woodward, Texas A&M University
     
  3:05 p.m. 3:10 p.m. Discussant:  Hale Thurston, EPA, National Risk Management Research Laboratory
     
  3:10 p.m. 3:30 p.m. Questions and Discussion
     
3:30 p.m. 3:40 p.m. Break
     
3:40 p.m. 5:30 p.m. Session III:  Winners and Losers in Cap and Trade
Session Moderator:  Charles Griffiths, EPA, National Center for Environmental Economics
     
  3:40 p.m. 4:10 p.m. Paving the Way for Climate Policy:  Compensation for Electricity Consumers and Producers under a CO2 Cap and Trade Policy (PDF) (1 pp, 48 K)
Anthony Paul, Dallas Burtraw, and Karen Palmer, Resources for the Future
     
  4:10 p.m. 4:40 p.m. When Does Cap-and-Trade Increase Regulated Firms Profits? (PDF) (1 pp, 45 K)
Dave Evans, EPA, National Center for Environmental Economics; Ian Lange, University of Stirling; and Joshua Linn, University of Illinois at Chicago
     
  4:40 p.m. 4:50 p.m. Discussant:  Ann Wolverton, EPA, National Center for Environmental Economics
     
  4:50 p.m. 5:00 p.m. Discussant:  Terry Dinan, Congressional Budget Office
     
  5:00 p.m. 5:30 p.m. Questions and Discussion
     
5:30 p.m. Adjournment

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