Events

Carbon Trading Simulation

Register to join us on Sept. 27 for an interactive Emissions Trading System (ETS) simulation by the Environmental Defense Fund (EDF). Using the EDF CarbonSim tool, this session will help students, scholars, and other members of the Duke community 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 1800 players from China, Cambodia, Vietnam, Myanmar, Cambodia, the Philippines, Indonesia, Singapore, Laos, Thailand, Bangladesh, Korea, Mexico, the EU, and the United States.

Schedule

4 p.m. – 4:30 p.m.: Introduction to CarbonSim
4:30 p.m. – 6:30 p.m.: ETS Simulation Exercise
6:30 p.m. – 7 p.m.: Discussion on ETS Simulation Exercise Results

Presenters
  • Josh Margolis is Managing Director, Environmental Markets, China Program, at the Environmental Defense Fund
  • Jackson Ewing holds a joint appointment as a senior fellow at Duke University's Nicholas Institute of Environmental Policy Solutions and an adjunct associate professor at the Sanford School of Public Policy

Advanced registration is required to attend. 

Co-sponsored by the Nicholas Institute for Environmental Policy Solutions; Duke University Energy Initiative; Nicholas School Energy Club; and the Center for Energy, Development, and the Global Environment.