A New Architecture for Domestic Climate Change Policy: Trading, Tax or Technologies?
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Flash version, 54 min 54 sec, 51.6 MB
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North America Network Seminar
Professor W. Michael Hanemann
University of California, Berkeley
On Friday 15 August 2008, Professor W. Michael Hanemann of the University of California, Berkeley presented a Seminar entitled "A New Architecture for Domestic Climate Change Policy: Trading, Tax or Technologies?". The seminar explored the economic arguments for an emission trading scheme, and assessed the merits of such an approach against other measures, including a carbon tax and "command and control" style regulatory policies. Professor Hanemann explained the economic logic that underpins California’s proposed approach to domestic climate change policy: a mix of regulatory policies and emission trading. In his discussion, he also considered the economic policies that would be required to promote technological innovation.
About the presenter: W. Michael Hanemann is Chancellor's Professor of Environmental Economics and Policy in the Department of Agricultural & Resource Economics and the Goldman School of Public Policy at University of California Berkeley, and Director of the California Climate Change Center at UC Berkeley. In 2005, he co-directed the Climate Change Scenarios Project for the Schwarzenegger administration in California.
Professor Hanemann visited Melbourne as a guest of the Consulate General of the United States.
For more information, please contact Michael Simmonds.