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The California-Quebec Adventure: Linking Cap and Trade as a Path to Global Climate Action?

A symposium on the recent linkage of the California and Quebec cap-and-trade programs and its implication for broader international climate cooperation


The California-Quebec Adventure: Linking Cap and Trade as a Path to Global Climate Action?
Date/Time :3/31/2014 8:45 AM - 4:45 PM
Location :CNSI Building, UCLA
Organizer :Canadian Studies at UCLA Program, Emmett Center on Climate Change and the Environment, Institute of the Environment and Sustainability, Luskin Center for Innovation
Address :570 Westwood Plaza, Building 114 Los Angeles, CA 90095
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At the beginning of this year, California and Quebec linked their greenhouse gas cap-and-trade programs.  This means that sources of greenhouse gases in each jurisdiction can trade emission allowances issued under either program.  This linkage represents a key step forward in developing international cooperative mechanisms to address climate change.  As a result, there is a lot at stake in making this program successful, and some important questions for how to do this remain to be answered.  What are the pitfalls to avoid going forward?  How can California and Quebec best coordinate the joint auctions scheduled later this year?  How can we further expand this program and encourage other regulators to create regional linkages?

This symposium takes on these issues and other topics related to the California-Quebec linkage, featuring panels of academics and policymakers from the United States and Canada.

*UCLA School of Law is a State Bar of California approved MCLE provider.  This activity qualifies for 6.0 hours of general MCLE credit.*

***POWER POINT PRESENTATIONS​***
Panel 2 - Bernard Sinclair-Desgagne: An Economic Appraisal
Panel 2 - J.R. DeShazo: An Economist's View on Linking our Carbon Markets
​Panel 2 - Matthew Kahn: California and Quebec as the "Green Guinea Pigs"
​Panel 3 - Danny Cullenward: Linkage, Leakage, and Administrative Law
Panel 3 - Michael Gibbs: California and Quebec Linkage
Panel 3 - Jean-Yves Benoit: Linking Quebec and California Cap-and-Trade Systems
Panel 4 - Erica Morehouse: Will the California/Quebec Linkage Encourage Other Programs?
​Panel 4 - Mark Jaccard: N.A. Climate Policy Linkage
Panel 4 - Erick Lachapelle: The Political Viability of Cap and Trade
​Panel 4 - Mark Wenzel: Exportable Policies

Sponsors
Canadian Studies at UCLA Program
Emmett Center on Climate Change and the Environment
Institute of the Environment and Sustainability
Luskin Center for Innovation
Canadian Consulate in Los Angeles
The Government of Quebec
The California Air Resources Board
 
Agenda
​8:15am Registration opens
​8:45am
Welcome​
Glen MacDonald, UCLA Institute of the Environment and Sustainability
Mr. James Villeneuve, Canadian Consul General (invited)
Alain Houde, Head of Post, Quebec Delegation in LA
​9-9:45am
Keynote Panel: The Past, Present and Future of the California/Quebec Linkage
Introduction: Ann Carlson, UCLA School of Law
Jean-Yves Benoit, Director, Carbon Market Division, Climate Change Office, Quebec Ministry of Sustainable Development, Wildlife and Parks
Michael Gibbs, Assistant Executive Officer, California Air Resources Board


9:55-11:35am The Economists: What are the benefits of this linkage?  What are its drawbacks, and how should we minimize them?
Matthew Kahn, UCLA Institute of the Environment and Sustainability, Moderator
Severin Bornstein, Haas School of Business, UC Berkeley
J.R. DeShazo, UCLA Luskin Center for Innovation
Bernard Sinclair-Desgagné, Professor, Department of International Business, HEC Montreal
11:45-1:00pm
Networking Lunch
 
​1:00-2:30pm
Law Panel: What implementation challenges is the linkage creating?  How are they being addressed, and what more should be done?
Katherine Trisolini, Loyola Law School, Moderator
Jean-Yves Benoit, Director, Carbon Market Division, Climate Change Office, Quebec Ministry of Sustainable Development, Wildlife and Parks
JP Brisson, Latham & Watkins
Danny Cullenward, UC Berkeley
Michael Gibbs, Assistant Executive Officer, California Air Resources Board
​2:45-4:15pm
Looking forward and beyond: How can the California/Quebec linkage serve as a building block for climate regulation outside these jurisdictions, including through enhanced international cooperation?  What other jurisdictions are considering cap-and-trade programs, and are they thinking about linkage? Can international climate momentum be built and sustained through subnational cooperation?
 
Alex Wang, UCLA School of Law, moderator
Mark Jaccard, Professor, School of Resources and Environmental Management, Simon Fraser University, Vancouver
Erick Lachapelle, Assistant Professor, University of Montreal
Erica Morehouse, Political Scientist, Adjunct Professor, University of Montreal
Mark Wenzel, California Environmental Protection Agency
​4:15-4:30pm
Summing Up
Ann Carlson and Matthew Kahn
​4:30pm Cocktail Reception