Jurisdictions across North America are planning to adopt carbon emissions reduction tax and cap-and-trade price schemes as a regulatory tool following the success of the California cap-and-trade program to reduce greenhouse gases and circulate funds back into green programs. But this policy model brings a level of uncertainty moving into the next decade as lawmakers decide how to best balance the supply and demand of carbon allowances post 2020.
While thought leaders weigh in on the adoption of rules for California’s cap-and-trade extension, stakeholders are in preparation mode, readying to adapt to strict emissions caps amid a shrinking pool of CO2 credits. Meantime, Canadian policymakers and business leaders are looking forward to the beginning of 2019, when all provinces must follow federal orders to adopt a carbon pricing plan.
Key topics to be discussed include:
Andrew McKeon, Executive Director, RGGI
The Regional Greenhouse Gas Initiative (RGGI) began in 2009 as the first market-based emissions reduction program in the US. The nine-state cap-and-trade cooperative has since evolved and adjusted regulations to offset market and environmental conditions that upset the program’s natural supply and demand balance. Learn the history and challenges of RGGI, what it takes to keep a cap-and-trade program working effectively and thoughts on what is to come for emissions trading schemes in the United States.
Sam Wade, Chief Transportation Fuels Branch, CARB
Members of the California Air Resources Board will soon adopt regulations for the California Cap-And-Trade-Program starting in 2021. These rules are meant to propel the program forward during a time of aggressive emissions cuts and strengthening carbon allowance prices. Attend this session to hear an overview of the rulemaking possibilities.
Chris Busch, Research Director, Energy Innovation
Nicolas Girod, Managing Director of Markets, Clear Blue Markets
Patrick Luckow, Principal Researcher, IHS Markit
Chandan Kumar, Chief Economist, CaliforniaCarbon.info/Climate-Connect
Moderator: Andre Templeman, Executive Director, CMCA
The California-Quebec cap-and-trade programs have recently emerged from heightened market uncertainty after the departure of Ontario from the joint emissions reduction scheme. But as the dust settles, indecision remains regarding how to incentivize emission cuts while an oversupply of allowances tilts the supply and demand balance. Hear expert opinions on auction and secondary market allowance pricing forecasts for the post-2020 environment as well as future program headwinds and tailwinds.
Derek Six, Chief Business Officer, ClimeCo
Scott Hernandez, Senior VP, North America CBL Markets
Emily Jackson, Carbon Market Analyst, Climate Connect
Moderator: Kevin Townsend, Chief Commercial Officer, Blue Source
Offset carbon credits represent not only 1 metric ton of carbon but also an opportunity to simultaneously reduce emissions and costs for cap-and-trade obligated parties. In future years, Carbon Compliance Offsets (CCO) will continue to play a compliance role within the California and Quebec cap-and-trade programs. Attend this session and hear how demand for offset credits will increasingly stem from corporations and organizations seeking carbon neutrality and as the aviation industry complies with emission regulations.
Fellipe Balieiro, Director Energy and Mobility, IHS Markit
Electric Vehicle (EV) sales mandates are becoming more prominent as global leaders seek ways to cut greenhouse gas emissions and a race to produce the most zero-emissions vehicles has resulted. In many cases, stakeholders are pushing through strong headwinds, such as limited charging capacity, a relatively high price-point and vehicle consumer habits. Find out the latest production forecast and which countries and jurisdictions are charging ahead.
Ian Thomson, President, Advanced Biofuels Canada
Monique Nobert, Manager, Environmental Commodities, Suncor
Michael Berends, Managing Director, Origination, ClearBlue Markets
Moderator: Robin Edger, Ontario Regional Director, Pembina Institute
Canadian provincial leaders are mulling how to cope with new federal regulations mandating each province put into place a carbon-pricing plan by the start of next year. The carbon reduction initiative allows jurisdictions to pick their own market-based path to lower greenhouse gases or adopt a tax plan written by federal lawmakers. Decisions made this year will have long-standing implications for Canada’s energy industry and downstream consumers. With so many moving pieces, what are the likely scenarios?