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Energy Seminar: Valerie Karplus, MIT, Managing Energy and Climate Change in China: Connecting Micro Decisions with Macro Impacts

Valerie J. Karplus, assistant professor of Global Economics and Management, MIT Sloan School of Management.
Talk Abstract:Over the past decade, climate change has gained increasing prominence on China’s policy agenda, and the country’s pledge to reduce carbon dioxide emissions provided a cornerstone in the new global climate agreement signed in Paris at the end of last year. This talk focuses on domestic actions—and importantly, their interaction with features of the country’s economic and political landscape—that will influence the on-the-ground implementation of China’s climate goals. Specifically, I will describe the characteristics and patterns of compliance in firms covered by China’s national industrial energy conservation programs and in cities covered by China’s sulfur dioxide reduction directives. We find that the policy response differs by firm ownership and level of government oversight, with implications for the design and effectiveness of new climate policies, including a trading system that would price carbon dioxide emissions starting in 2017.

Details

When:

Monday, March 7, 2016. 04:30 PM

Where:

NVIDIA Auditorium, Jen-Hsun Huang Engineering Center

Sponsor:

Precourt Institute for Energy

Admission:

Free and open to all