Hill Briefing on How Allowance Value in a Cap-and-Trade System Should Be Used

Allowance Value in a Greenhouse Gas Cap-and-Trade System: How Should it be Used?
September 1, 2009

The Pew Center on Global Climate Change held a briefing on the use of allowance value in a greenhouse gas (GHG) cap-and-trade system. No matter what final form an eventual cap-and-trade system takes, its emissions allowances will represent significant value for decades. The panelists presented different views on how that value should be used, and the key mechanisms for distributing it.

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Panelists and Presentations:

Judi Greenwald, Vice President for Innovative Solutions, Pew Center on Global Climate Change
Presentation Slides

Melissa Lavinson, Director, Federal Environmental Affairs and Corporate Responsibility, PG&E
U.S. Climate Action Partnership's (USCAP) views on Allowance Distribution

Chad Stone, Chief Economist, Center on Budget and Policy Priorities
Using Allowance Value to Compensate Consumers

Keith Belton, Director of Government Affairs, Dow Chemical Company
Using Allowance Value to Address Competitiveness

Question & Answer Session

Related Materials and Publications

Distribution of Allowances under the ACES Act - Policy Memo

Allowance Allocation Brief

USCAP Blueprint for Legislative Action

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