than focusing on specific modeling results, panelists will present the capabilities and high-level structure of specific types of models/analytic approaches, advantages/disadvantages relative to other approaches, how decisionmakers are using these tools, whether/how the approaches incorporate uncertainty, and other related issues.


John Conti, Energy Information Administration

Dick Goettle, Northeastern University

Leon Clarke, Pacific Northwest National Laboratory


Questions from Audience


Martin Ross, RTI International

John Reilly, Massachusetts Institute of Technology

Jean-Marc Burniaux, Organisation for Economic Co-operation and Development


Questions from Audience


Tom Kram, Netherlands Environmental Assessment Agency

Dallas Burtraw, Resources for the Future

Peter Evans, GE Energy


Questions from Audience

2:10 pm

Broader Group Reactions, Questions, and Discussion

Session III:
Economics of GHG Mitigation and Climate Change (Richard Newell)

3:00 pm

Economic Modeling and Policy for Global Warming


William Nordhaus, Sterling Professor of Economics, Yale University

3:30 pm

Panel Discussion: Critical Assumptions, Advantages, and Limitations


This panel will explore the state of the economics of climate change, and the role of economic analyses in climate policy decisionmaking. Panelists will discuss key modeling assumptions, advantages, and limitations, potential impacts to the U.S. and world economies, approaches for estimating benefits and costs of mitigation, and the intertemporal and distributional equity issues associated with climate change and mitigation.


John Weyant, Stanford University

Joel Smith, Stratus Consulting Inc.

Richard Bradley, International Energy Agency

Dimitri Zenghelis, London School of Economics

William Cline, Peterson Institute for International Economics

4:30 pm

Broader group reactions, questions, and discussion

5:30 pm

Closing Comments and Charge for Day Two

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