Session Three: Market Approaches to Climate Governance
National Conference on Climate Governance
Barry G Rabe
December 11, 2008
3:30PM - 3:30PM (EST)
3:30 – 5:15 p.m.
Abundant literature in the economics field documents the merits of market-based systems of environmental protection, with perhaps the most celebrated innovation involving the so-called "cap-and-trade" program established for sulfur dioxide emissions in the 1990s. This session examined the governance challenges of two oft-discussed alternatives that take a market approach, namely cap-and-trade and taxation schemes for carbon emissions meant to deter the use of fossil fuels.
Vivian Thomson, Department of Environmental Sciences, Department of Politics, University of Virginia; Vice Chair, State Air Pollution Control Board
Timothy Conlan, George Mason University
Christopher James, Synapse Energy Economics, Inc.
The National Conference on Climate Governance was made possible by grants from WestWind Foundation; Muhlenberg College; the Center for Local, State and Urban Policy at the University of Michigan's Gerald Ford School of Public Policy; Emily Hall Tremaine Foundation; Altria Group, Inc.; and an anonymous Charlottesville foundation.