Wednesday, March 11, 2015 - 12:00

Wed, March 11, 2015 12:00 PM - 2:00 PM UBC Point Grey Campus. Join us for an engaging talk by Prof. Brian Murray, Research Professor of Environmental Economics at Duke University and visiting Fulbright Scholar at the Institute of the Environment, University of Ottawa.

The Regional Greenhouse Gas Initiative (RGGI) is a consortium of northeastern U.S. states that limit carbon dioxide emissions from electricity generation through a regional emissions trading program. Since RGGI started in 2009, regional emissions have sharply dropped. We use econometric models to quantify the emissions reductions due to RGGI and those due to other factors such as the recession, complementary environmental programs and lowered natural gas prices. The analysis shows that RGGI has induced greater emissions reductions within the region than have been achieved proportionally in the rest of the United States.

Bio: Prof. Brian Murray, is currently the visiting Fulbright Scholar at the Institute of the Environment, University of Ottawa. He is also director of the Environmental Economics Program at Duke University’s Nicholas Institute for Environmental Policy Solutions and Research Professor of Environmental Economics at Duke’s Nicholas School of the Environment. Dr. Murray is widely recognized for his work on the economics of climate change policy.