From: REMI Announcements
To: Scott Jenkins,
Subject: REMI Webinar Series: The Economic Implications of EPA's New Carbon Regulations and Mitigation Strategies
Date: Wed Jun 25 19:53:29 MDT 2014

The Economic Implications of EPA's New Carbon Regulations and Mitigation Strategies

REMI Webinar Series


This summer, REMI is proud to present a series on the nexus between the economy, the environment, and energy for policymakers and in modeling.

The topic has attracted recent attention with the release of EPA's section 111(d) carbon dioxide regulations, their implications for job creation, and the need for states to develop their own regional plans for emission reductions. The series will cover an introduction to the EPA rules, potential paths forward such as renewable portfolio standards (RPS) or cap-and-trade, and the online debut of a new study by REMI on the regional impacts of a national, revenue-neutral carbon tax on American jobs, gross domestic product (GDP), emissions, power generation, and long-term demographics. Please join us for a presentation and discussion of the economic implications of state, regional, and federal climate legislation through the lens of economic modeling.

Session 1: The Economic Implications of EPA's New Carbon Regulations
EPA released a plan to reduce the United States' carbon emissions from power generation by 30% from 2005 by 2030 earlier this summer. The EPA is giving states considerable flexibility on how to achieve this goal, but nobody seems to agree on its economic implications. EPA administrator Gina McCarthy stated, "This is about protecting local economies and jobs," while emphasizing air quality and the development of alternative energy resources. Conversely, Senator Mitch McConnell stated, "These regulations are a lose-lose proposition all around - for US jobs, for families, for the US economy, and for our nation's competitiveness overseas." Before adopting policies that impact the critically important energy sector, it's vital to have a methodology and framework for assessing the potential economic effects.

Monday, July 14 or Wednesday, July 16
Select to register

Session 2: The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax
For this session, we will present the results and methodology of a recent REMI study for Citizens' Climate Lobby (CCL) on the economic and environmental impacts of a revenue-neutral, federal carbon tax on nine component regions of the United States. Assessed at the point of extraction, the tax would begin at $10 per metric ton of carbon dioxide in 2016 and escalate at $10 per year through at least 2035. All of the revenue would return to American households in the form of a monthly rebate, similar to the dividends from the Alaska Permanent Fund. This study integrates data from the Regional Energy Deployment System (the ReEDS model), the National Energy Model System (NEMS), the Carbon Analysis Tool (CAT), and REMI PI+ to provide a comprehensive portrait of the macroeconomic, distributional, climate, air quality, fiscal, and power sector impacts of such a policy.

Monday, July 28 or Wednesday, July 30
Select to register

Finally, you will have a chance to engage in Q&A after the presentation.

Each session will last approximately one hour and will be offered twice per featured week. While participants need not attend all the sessions, we strongly encourage you to do so. We offer all presentations free of charge at 2:00 p.m. EDT/EST through the Citrix GotoWebinar web conferencing platform.


Upcoming Events:

Technical PI+ Webinar Series
June through July

29th Annual Users' Conference
October 22-24, Nashville, TN

REMI Events

For More Information:

Contact Leah Jalbert
Phone: (413) 549-1169

433 West Street
Amherst MA 01002
Phone: (413) 549-1169

DC Office
1776 I Street, Suite 750
Washington DC 20006
Phone: (202) 469-7861

At REMI, we are inspired by a single goal: to inform and improve the quality of public policy decisions. That's why we are dedicated to understanding how government actions and other changes affect the world around us. Our belief is that improved knowledge and information will lead to better decisions. We work to develop and support the use of economic models that inform government and corporate decisions.

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