Benefits Workshop
Assessing the Benefits of Avoided Climate Change
Hyatt Regency on Capitol Hill, Washington, D.C.
March 16-17, 2009
The U.S. government is considering a range of near-term actions to address the risks of climate change. The Obama administration and key members of Congress intend to make climate legislation a top priority this year. The earliest action, however, may come from federal agencies being pressured by the courts and states to consider limiting CO2 emissions under existing legislative authority. A key element of federal rulemaking is assessing the costs and benefits of proposed policies. While the costs of reducing greenhouse gas emissions have received much attention from analysts and policymakers, far less attention has been directed at quantifying the benefits of such reductions. In spite of remaining uncertainties, the analytical community should offer practical guidance for informing near-term decisions. Drawing from the environmental economics, impacts, vulnerability, and risk assessment communities, this workshop considers what useful insights can be gleaned now about quantifying the benefits of reducing greenhouse gas emissions. The workshop’s objectives are to develop a set of practical recommendations that decision makers can employ in the near-term and to outline a research path to improve decision making tools over time.
Pew's Recommendations to the Office of Management and Budget
Symposium – Assessing the benefits of avoided climate change in government decision making
Opening Remarks
Eileen Claussen, President, Pew Center on Global Climate Change
Video: WMV QT PDF
Keynote Address
Dina Kruger, Director, Climate Change Division, Office of Air and Radiation, U.S. EPA
Panel 1: Perspectives on Government Decision Making for Climate Change
Moderator: Steve Seidel, Vice President for Policy Analysis, Pew Center
- Martha Roberts, EDF: Incorporating the benefits of climate protection into federal rulemaking
Video: WMV QT Slides - Christopher Pyke, CTG Energetics: A proposal to consider global warming under NEPA
Video: WMV QT Slides - James Lester/Joel Smith, Stratus Consulting: Case studies on government decisions to limit greenhouse gas emissions – California, Australia, United Kingdom
Video: WMV QT Slides - Paul Watkiss, Paul Watkiss Associates: Social cost of carbon estimates and their use in UK policy
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Panel 2: Challenges to Quantifying Damages from Climate Change
Moderator: Jeremy Richardson, Senior Fellow for Science Policy, Pew Center
- Mike MacCracken, Climate Institute: Overview of challenges to quantifying impacts
Video: WMV QT Slides - Kristie Ebi, ESS, LLC: Social vulnerability and risk
Video: WMV QT Slides - Tony Janetos, Joint Global Change Research Institute: Ecosystems and species
Video: WMV QT Slides - Jon O’Riordan, University of British Columbia: Valuation of natural capital
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Lunch Speaker
Gary Yohe, Wesleyan University: The long view: developing a new decision making framework based on the IPCC’s ‘iterative risk management’ paradigm
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Panel 3: The Role of Uncertainty in Assessing the Benefits of Climate Policy
Moderator: Jay Gulledge, Senior Scientist/Science & Impacts Program Manager, Pew Center
- Brian O’Neill, NCAR: Uncertainty and learning – implications for climate policy
Video: WMV QT Slides - Joel Smith, Stratus Consulting: Dangerous climate change: an update of the IPCC reasons for concern
Video: WMV QT Slides - Michael Mastrandrea, Stanford University: Assessing damages with integrated assessment models
Video: WMV QT Slides - Chris Hope, University of Cambridge: Social cost of carbon and optimal timing of emissions reductions under uncertainty
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Panel 4: Advances in the Economic Analysis of the Benefits of Climate Policy
Moderator: Liwayway Adkins, Senior Fellow, Economics, Pew Center
- Steve Rose, EPRI: Federal decision making on the uncertain impacts of climate change: Working with What You Have
Video: WMV QT Slides - Richard Howarth, E3 Network: The need for a fresh approach to climate change economics
Video: WMV QT Slides - David Anthoff, ESRI: National decision making on climate change and international equity weights
Video: WMV QT Slides - Steve Newbold, U.S. EPA: Climate response uncertainty and the expected benefits of GHG emissions reductions
Video: WMV QT Slides