Advantages and Risks of Carbon Trading Schemes

The advantages and potential risks of introducing an emissions trading scheme within Australia will be discussed at the public seminar Emissions Trading for Dummies, hosted by the Institute for Sustainable Solutions tomorrow morning (Friday 21 August).

Three presenters will discuss the ideas behind carbon emissions trading, and. Following the presentation, there will be a panel Q & A session.

Emissions Trading 101, presented by Dr. Michael Harris: Dr Harris is the leader of the Agricultural and Resource Economics Group in the Faculty of Agriculture, Food and Natural Resources at the University of Sydney. He has worked for ABARE and various Australian universities, and has recently worked on a collaborative project with CSIRO Sustainable Ecosystems and the Beijer Institute of Ecological Economics in Sweden on the economics of ecological resilience, as well as projects in Vietnam and Indonesia.

Designing an emissions trading scheme in the real world, presented by Dr Frank Jotzo: Dr Jotzo is an environmental and resource economist at the Australian National University, specialising in the economics and policy of climate change. He has worked and consulted for several governments and international organizations, and was an economic advisor to the Garnaut Climate Change Review during 2008.

Experimenting with carbon markets, presented by Dr Andy Reeson: Dr Reeson is an experimental economist in the Markets, Incentives & Institutions team in CSIRO Sustainable Ecosystems, and an adjunct researcher in the Resources, Energy and Environmental Markets Laboratory (REEML) of the Faculty of Agriculture, Food and Natural Resources at the University of Sydney. His work involves developing and applying experimental economics to address environmental and natural resource governance issues, including the operation of emissions markets.

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