Name: Cap and Trade: All Costs and No Benefits
Start: 2009-08-06T19:00:00Z
End: 2009-08-06T19:43:11.000Z
Location: BrightTALK
Rating: 4

Tune in to hear the latest on environmental and climate change issues.

Join the conversation as The Liberal International British Group, in partnership with The Paddy Ashdown Forum, welcomes four speakers with expertise in forestry to discuss their perspectives on the current state of deforestation, and strategies we must pursue if we hope to halt further destruction of critical forests. Viewers are encouraged to submit questions for the panelists.

Duncan Brack is an environmental policy analyst focused on forest issues. He is an Associate Fellow at Chatham House, and an associate of Forest Trends. From 2010-12 he was Special Advisor to Rt Hon Chris Huhne, UK Secretary of State for Energy and Climate Change.
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Paola Despretz is an Economist working in the Earth Observation and Natural Resources practices at Vivid Economics. She has extensive experience in forestry and sustainable cocoa in West Africa. Paola leads Vivid's analytical and engagement work to deliver a real-time deforestation monitoring tool in Côte d'Ivoire and Perú. Her engagement work includes assisting the Ivorian REDD+ Secretariat in the design of its National Reducing emissions from deforestation and forest degradation + (REDD+) Strategy. Paola holds and MSc in Economics and Public Policy from Sciences Po Paris.

Jon Shepard is a director at the Global Development Incubator. He is supporting the establishment of Emergent, a non-profit funded by Norway and the Rockefeller Foundation to catalyze the flow of private sector capital towards the protection of tropical forests at national scale through the issuing and sale of 'REDD+' carbon credits.​

Yulia Stange is Senior Manager of the Climate & Forests Programme at Client Earth, which works to improve forest governance, support forest legal refor, and reduce global trade in illegal timber. The programme also advocates for regulations that address the overseas impact of forest-risk commodities such as palm oil, soy, cocoa and beef, and strengthens forest provisions in EU free trade agreements.

Panel Discussion: How Do We Stop Deforestation?

Join this panel of industry experts as they discuss recent and imperitive Climate Change Policies and Developments:

- Emilie Mazzacurati, Manager, Carbon Market Research North America, Point Carbon 
- Chris Busch, Policy Director, Center for Resource Solutions
- Nicholas Bianco, Senior Associate, World Resources Institute
- Neal Dikeman, Jane Capital Partners

Climate Change Policies and Developments

California – often a bellwether of regulations to come - passed AB 1879 (Feuer) and SB 509 (Simitian) in 2008, setting in place some recommendations of California’s Green Chemistry Initiative.  There are discussions of reauthorizing the Toxic Substances Control Act (TSCA), incorporating some practices of the European Union’s REACH (Registration, Evaluation, Authorization of Chemicals).  This presentation will cover California’s Green Chemistry initiative, new and proposed regulatory requirements.

Green Chemistry in California – Precursor to “U.S. REACH”?

This talk will examine the pervasive nature of the current explosion in environment/sustainability laws; innovative (but little understood) legal, commercial and technical principles embedded in the newest laws; the rise of clean technology; direct and indirect impacts on mature commercial sectors and the professions; the dangers of short term and narrowly focused thinking; the scope of opportunities and the latency of risk.

Paul Sheridan, Partner, is head of the environment law group of CMS Cameron McKenna LLP. He also heads up the firm’s cleantech group. This group is objectively recognised as one of the leading environment law practices in the UK and EU.  Paul is recognised in the legal directories as a leader in this field in the UK, EU and Internationally. He has advised numerous domestic and multi-national clients on all aspects of environment law in both contentious and non-contentious matters. He is well versed on the latent and patent impacts of, and enormous opportunities arising from, the current and pervasive phase of environment laws which is leading towards fundamental changes in the way we do business.

A New Environment: Overhaul Risk and Opportunities

As cap-and-trade legislation is working its way through the U.S. Congress, maintaining the legislation's underlying environmental credibility while mitigating unreasonable economic hardships will be essential for a successful outcome.  The use of offsets (i.e., project based greenhouse gas emission reductions from non-capped sources) will play a central role in achieving these dual objectives as part of the overall legislative scheme.  

You will hear details of how offsets are contemplated to be used within the U.S. legislative scheme; explore their history and future in international climate change policy; and how they are likely to effect your business and industry.

Leveraging Offsets: Saving the Environment and the Economy

According to the foreword to a recent report by the Environmental Defense Fund, “regulating the temperature of the planet by adjusting the mix of gases in our atmosphere is the most ambitious undertaking yet attempted by human beings,” and the effects of this effort on many companies “will be profound.”  Many public bodies are preparing “adaptation plans” for a reasonable worst case climate change scenario, but private businesses have lagged behind. Even if one does not believe that CO2 and temperature are inextricably linked, businesses will need to adapt to the coming changes in regulation, and possibly to the effects of climate change itself.
	This program will discuss the challenges that private companies face in adapting to climate change, including physical exposure, changing prices for energy, water and other inputs, as well as regulatory, reputational, and litigation exposures. The program will then outline steps that some leading companies can take to plan for and address these challenges and to identify strategic and market opportunities.
E. Donald Elliott is a partner and chair of the Environment, Health and Safety Department of Willkie Farr & Gallagher LLP.  He is also Professor (Adjunct) of Law, Yale Law School and Georgetown University Law Center.  He is the leading expert in private practice on disclosure and adaptation to climate change issues. Elliott was Assistant Administrator and General Counsel, U.S. Environmental Protection Agency during the Clean Air Act Amendments of 1990. Mr. Elliott holds degrees from Yale College and Yale Law School. 
Ari G. Altman is an Associate in the Environment, Health and Safety Department of Willkie Farr & Gallagher LLP.  Mr. Altman received a J.D. from The George Washington University Law School, an M.A. in Energy and Resources from the University of California, Berkeley, and an A.B. from Princeton University.

Adapting Private Business to Climate Change

The presentation will focus on the design of market based solutions to mitigate greenhouse gas emissions and will emphasize the advantages and experiences of Cap-and-trade as a climate change policy instrument. 

Point Carbon is a world-leading provider of independent news, analysis and consulting services for European and global power, gas and carbon markets. Point Carbon’s comprehensive services provide professionals with market-moving information through monitoring fundamental information, key market players and business and policy developments.

Cap and trade - an effective policy to address climate change?

MCLE application pending.

State and national legislation to address climate change is significantly altering the land use patterns in our nation's cities and rural areas. This talk will cover some of the major shifts that climate change legislation will have on the type of development that will be permitted and/or encouraged and will also touch on the new procedures and hurdles that landowners and developers will likely encounter in seeking project approval. Examples will be given from the implementation California's recent legislation, and we will also examine initiatives in other states and predict how the upcoming national effort could further impact the landscape.

Climate Change Legislation's Impact on Physical Landscape--MCLE

California has taken the lead on Climate Change policies with the Global Warming Solutions Act of 2006.  This Air Resources Board recently published its blue print with a dizzying array of forthcoming policies and regulations that will influence state and federal laws and policies on Climate Change for years to come.  This talk will address these regulatory strategies which range from alternative energy, industrial emissions, green building, and mandatory carbon inventories.

Climate Change Policies Emerging from California and the West

- Background and Context of Global Warming Debate, Including Recent Declines
in Global Temperatures
- Basics of a Cap and Trade
- The EU Experience with a Cap and Trade
- Waxman-Markey

This is primarily a policy-focused program examining the costs of a cap and trade program and the problems with these programs.

Cap and Trade: All Costs and No Benefits

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Cap and Trade: All Costs and No Benefits

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