News by Topic

Click on a topic below to see the latest headline

Customize "My Headlines" by Topic

Choose the topics of most interest to you to follow under "My Headlines".

Subscribe

Sign up for newsletters, news feeds, social media and other news sources.

Resources for News Media

Are you a reporter working on a story? Here's where you find help from Duke.

Experts Available to Comment on Calif. Cap-and-Trade Auction

Experts Available to Comment on Calif. Cap-and-Trade Auction

Brian Murray and Tim Profeta assisted California in analyzing a carbon fee and how it compares to policies that included cap-and-trade

print |

Editor's Note: Duke provides an on-campus satellite uplink facility for live or pre-recorded television interviews. We are also equipped with ISDN connectivity for radio interviews. Broadcast reporters should contact Scott Wells at (919) 660-1741 or James Todd (919) 681-8061 to arrange an interview.

Major polluters in California will buy and sell permits to release greenhouse gas emission into the atmosphere for the first time Wednesday under the state's landmark cap-and-trade law. Duke University's Brian Murray and Tim Profeta assisted California in analyzing a carbon fee. Their findings are contained in this white paper: http://nicholasinstitute.duke.edu/climate/policydesign/examination-of-ca...

Brian Murray
Director for economic analysis, Nicholas Institute for Environmental Policy Solutions, Duke University
bcmurray@duke.edu
http://www.nicholasinstitute.duke.edu/people/murray/

Quote:
"With California's first allowance auction this week, the state's long-anticipated cap-and-trade program becomes a reality. These auctions will play a critical role in the state's efforts to achieve greenhouse gas emission reductions in an economically efficient manner." 

Tim Profeta
Director, Nicholas Institute for Environmental Policy Solutions, Duke University 
tim.profeta@duke.edu
http://nicholasinstitute.duke.edu/people/profeta/

Quote: 
"We worked with California to help them design an auction system that can contain price volatility and bolster confidence in the market. This will be the first time this system will be used at scale. It will be a test as to whether the California system can be a model for reducing harmful pollutants across the nation and globe."













 

More Information

Contact: Erin McKenzie
Phone: (919) 613-3652

© 2014 Office of News & Communications
615 Chapel Drive, Box 90563, Durham, NC 27708-0563
(919) 684-2823; After-hours phone (for reporters on deadline): (919) 812-6603

More Information

Contact: Erin McKenzie
Phone: (919) 613-3652