News Tip: Experts Available to Comment on Calif. Cap-and-Trade Vote

FOR IMMEDIATE RELEASE: Tuesday, Oct. 18, 2011

Media Contact: Erin McKenzie
(919) 613-3652
erin.mckenzie@duke.edu

The California Air Resources Board (ARB) is to vote Thursday on whether to implement the state’s cap-and-trade system, the first of its kind in the nation.

The following Duke University professors recently assisted California in analyzing a carbon fee and how it compares to policies that included cap-and-trade to help meet the state’s emission-reduction goals. Their findings are contained in this white paper.

Brian Murray
Director for Economic Analysis, Nicholas Institute for Environmental Policy Solutions, Duke University.
Brian.murray@duke.edu

Quote:

“The cap-and-trade approach they are considering makes sense on many fronts, and provides an economic incentive for all California firms and households to reduce their carbon footprint,” Murray said.

Jan Mazurek
Director of Strategy and Operations, Nicholas Institute for Environmental Policy Solutions, Duke University.
Jan.mazurek@duke.edu

Quote:

“A vote to accept the regulation will not only set the nation’s first comprehensive cap-and-trade system into motion, but send a strong signal to climate negotiators at this year’s United Nations Climate Change Conference in Durban, South Africa, that political support exists for a price on greenhouse gases,” Mazurek said.

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