Join us for an interactive Emissions Trading System (ETS) simulation led by Duke alumnus Josh Margolis (T'81) using the CarbonSim tool. This session will help students gain valuable ETS experience in a risk-free, entertaining, and fast-paced learning environment.
The simulation highlights choices, provides a framework for decisions, and serves as a platform for experiments in emissions trading scenarios. Through the simulation, participants will learn how they can use an ETS to achieve environmental and economic outcomes, develop a carbon portfolio management strategy, minimize liabilities, and capitalize on opportunities. They will also come to understand that choices made by both policymakers and industries are shaped by the design and administration of the ETS.
CarbonSim is a multi-user, artificial intelligence-enhanced, state-of-the-art simulation tool. It can be played in four different languages and a half-dozen currencies. It can be used to both train stakeholders and run “what if” ETS design scenarios. CarbonSim has been tested and improved with the help of more than 3500 players from China, Cambodia, Vietnam, Myanmar, Cambodia, the Philippines, Indonesia, Singapore, Laos, Thailand, Bangladesh, Korea, Mexico, the EU, and the United States.
This event is open only to current Duke University students.
Sponsored by Center for Energy, Development, and the Global Environment (EDGE) at the Fuqua School of Business; Duke University Energy Initiative; and Nicholas Institute for Environmental Policy Solutions.