With consumers facing higher electricity bills and a growing interest in limiting carbon emissions and fostering "green" power, the Maryland Energy Administration issued a detailed "Strategic Energy Plan" in January 2008. The plan's recommendations range from allocating revenues from selling carbon emissions permits to subsidize energy efficiency and renewable energy programs, to legislatively requiring utilities to reduce consumption, to decoupling utility profits from sales volume. Our panelists evaluated some of the many recommendations in the plan and offer general perspectives on the advantages and disadvantages of its provisions.
Introduction: Phil Sharp, President, Resources for the Future
Moderator: Timothy J. Brennan, Senior Fellow, Resources for the Future; Professor of Economics and Public Policy, University of Maryland, Baltimore County
Speakers:
Malcolm Woolf, Director, Maryland Energy Administration
Benjamin F. Hobbs, Professor, Department of Geography & Environmental Engineering, Johns Hopkins University ; Member, California ISO Market Surveillance Committee
Karen Palmer, Darius Gaskins Senior Fellow, Resources for the Future
Panel discussion and Question and Answer Session
Resources For the Futures (RFF) www.RFF.org
http://www.rff.org/rff/Events/Curbing-Electricity-Demand-April-2008-First-Wednesday.cfm
http://envirovaluation.org/htsrv/trackback.php/5626
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Environmental Valuation & Cost Benefit News covers legal, academic, and regulatory developments pertaining to the valuation of environmental amenities and disamenities, such as clean air, trees, parks, congestion, and noise. We apprise the reader about ways in which costs and benefits are measured, and the results of empirical studies. We hope that this information will allow public and private organizations to comprehend the risks and benefits of various actions, help disputants to resolve conflicts equitably and efficiently, and improve the quality of public policies. We will only discuss issues related to the empirical quantification of private and social costs and benefits and damages, and summarize information from daily newspapers, academic journals, legal publications, court decisions, professional newsletters commissioned studies, and on-line services. This newsletter is dedicated to the principal that all policies place values upon life, liberty, and the pursuit of happiness. We believe that more information, explicit specification of assumptions, and rigorous analysis can help our society to better meet these ends. This site will increasingly serve, in conjunction with others, as a valuation database. We will include a wide range of studies, including non-environmental reports, because omission of a factor effectively values it at zero, and biases decisions. Heavy traffic has caused several site crashes. We are attempting to correct these problems. Apologies for any inconvenience.
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