SGE Evening Seminar
The Economics of Global Warming
The past year was the warmest global year ever recorded, but that record has been broken each of the past several years. Global warming has lead to more violent weather, with massively destructive hurricanes, but also with heavy rains. Global warming has major economic consequences, but policies to reduce the human impact on global warming may also have important economic consequences. This seminar will discuss various aspects of the economics of global warming.
Tuesday, October 10, 2006, 6:00 p.m. – 7:30 p.m.
Conference room 483, Congressional Budget Office
2nd & D Streets, SW, 4th Floor, Washington, DC 20515
(Metro: Federal Center Station)
Panel:
Terry Dinan, Congressional Budget Office
Shaping Climate Change Policy in the Face of Uncertainty about Costs and Benefits
The talk will discuss some of the uncertainties that policymakers must address when formulating policies to reduce carbon emissions. Specifically the talk with address the extent to which those uncertainties affect the choice of taxing or capping carbon emissions and the role that R&D for new technologies might play.
Glen Sweetnam, Department of Energy
The Macroeconomic Effects of Limiting U.S. Greenhouse Gas Emissions
Over the last four years, the Energy Information Administration has estimated the likely macroeconomic effects of several different legislative proposals to limit domestic greenhouse gas emissions. This talk will describe the approaches employed, identify key analytic issues and summarize the study results, including impacts on GDP, inflation, and unemployment.
Light refreshments served. The seminar is free, but please E-mail John Turner at Jturner@AARP.org for reservations.