Emerging energy and climate policies in the United States are accelerating the pace of technological changes and prompting calls for alternative energy and stricter energy efficiency measures. These trends raise questions about the future demand for fossil fuels, such that some energy-producing nations are reluctant to invest heavily in the expansion of production capacity. The abundance of shale gas resources in North America could allow the United States to utilize more gas in its energy mix as a means of enhancing energy security and reducing CO2 emissions. However, this will only occur if U.S. policies promote and allow the benefits provided by natural gas to be realized. To examine these issues and the emerging trends in U.S. energy and climate policy, the Baker Institute is holding a major international conference, titled "Energy Market Consequences of an Emerging U.S. Carbon Management Policy." At this event, the institute will unveil findings from a major study investigating the North American and global oil and natural gas market consequences of emerging U.S. policies to regulate greenhouse gas emissions, as well as the potential role of alternative energy in the U.S. economy.
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Event Agenda and Presentations
Monday, September 27, 2010
9:00 am Welcome Remarks
Ambassador Edward P. Djerejian
Founding Director
James A. Baker III Institute for Public Policy
9:15 am Opening Keynotes
Her Excellency Diezani Alison-Madueke
Minister of Petroleum Resources
Federal Republic of Nigeria
James Mulva
Chairman and Chief Executive Officer
ConocoPhillips
The Future of Climate Change Policy
Robert Stavins, Ph.D.
Albert Pratt Professor of Business and Government and
Director, Harvard Environmental Economics Program
Harvard University
Plug-in Vehicles & Petroleum's Future
Felix Kramer
Founder
California Cars Initiative
11:45 am Baker Institute Study Energy Market Consequences of an Emerging U.S. Carbon Management Policy - Key Findings
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy
12:15 pm Lunch
1:30 pm Baker Study Presentations: Renewable Energy in the United States Energy Market Consequences of Emerging Renewable and Carbon Dioxide Abatement Policies in the United States
Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics
James A. Baker III Institute for Public Policy
R&D in Energy and Growth
Ted Temzelides, Ph.D.
Baker Institute Scholar and Professor of Economics, Rice University
Wind Generation in the United States
Peter Hartley, Ph.D.
Baker Institute Scholar and George and Cynthia Mitchell Chair and Professor of Economics
Rice University
3:00 pm Break
3:30 pm Keynote Address United States/Japan Cooperative Strategy for Combating Climate Change
Mr. Masakazu Toyoda
Chairman and CEO
Institute for Energy Economics, Japan
4:00 pm Baker Study Presentations: International Trade Issues The History of U.S. Relations with OPEC: Lessons to Policymakers
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy
Implications of Offshoring Carbon Emissions for Climate Policy
Robert Harriss, Ph.D.
President and CEO
Houston Advanced Research Center
Financial Imbalances, Middle East Industrialization, and Carbon Dioxide Emissions
Mahmoud El-Gamal, Ph.D.
Will Clayton Fellow in International Economics
James A. Baker III Institute for Public Policy
and
Chair of Islamic Economics, Finance and Management and
Professor of Economics and Statistics
Rice University
Tuesday, September 28, 2010
9:00 am Welcome Remarks
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy
9:10 am Opening Keynote Address Macondolypse and U.S. Energy: Policy by the Law of Unintended Consequences
Edward Morse, Ph.D.
Managing Director, Head of Commodities Research
Credit Suisse
9:45 am Baker Study: North American and Global Natural Gas Outlook Energy Market Consequences of Emerging Renewable and Carbon Dioxide Abatement Policies in the United States (cont.)
Kenneth B. Medlock III, Ph.D.
James A. Baker, III, and Susan G. Baker Fellow in Energy and Resource Economics
James A. Baker III Institute for Public Policy
Emerging U.S. Climate Policy and Its Impact on U.S. Trade and Foreign Policy
Joe Barnes
Bonner Means Baker Fellow
James A. Baker III Institute for Public Policy
Carbon Management in Asia: The Role of the U.S. and Japan
Yoshikazu Kobayashi
Leader, Oil Group
The Institute of Energy Economics, Japan
11:45 am Lunch
1:15 pm Afternoon Keynote How to Reduce Transportation Energy and Carbon Contributions Just a Little While Trying Very Very Hard
Joshua Schank, Ph.D.
Director of Transportation Research
Bipartisan Policy Center
1:45 pm Baker Institute Presentations: Gasoline Policy
(Un?)Happiness and Gasoline Prices in the United States
Soumya Chattopadhyay
Faculty, School of Public Policy, University of Maryland
Foreign Policy & Global Economy and Development Programs, The Brookings Institution
James Coan
Energy Forum Research Associate
James A. Baker III Institute for Public Policy Lithium in Bolivia: Can Resource Nationalism Deliver for Bolivians and the World?
David Mares, Ph.D.
Baker Institute Scholar for Latin American Energy Studies
James A. Baker III Institute for Public Policy
2:30 pm Role of EPA in U.S. Policy
Environmental and Climate Policy And U.S. Energy Markets
William Bumpers
Partner
Baker Botts, L.L.C.
The Role of the U.S. Environmental Protection Agency in the Emerging U.S. Carbon Management Policy
Stephen L. Johnson, Ph.D.
Former Administrator
U.S. Environmental Protection Agency
Jake Caldwell
Director of Policy for Agriculture, Trade and Energy
Center for American Progress
4:00 pm Closing Remarks
Amy Myers Jaffe
Wallace S. Wilson Fellow in Energy Studies
James A. Baker III Institute for Public Policy