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Cameron Hepburn: 'Beating Long Odds: A New Global Deal on Climate Change'

Tuesday, April 21, 2009
06:00 PM - 07:30 PM

Gould Welcome Center, 50 West 4th St., 1st Floor, Barasch Theater

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Regina Drew

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On the eve of Earth Day, join us for a lecture by Cameron Hepburn, senior research fellow at the University of Oxford’s Smith School of Enterprise and the Environment.  Dr. Hepburn will deliver an address based on his paper, “A New Global Deal on Climate Change,” which was cowritten with Nicholas Stern and appeared in the Oxford Review of Economic Policy. 

Abstract for his lecture: Climate policy at the international level is moving towards agreeing an emissions pathway, and distributing responsibilities between countries.  A feasible framework can be constructed in which each country takes on its own responsibilities and targets, based on a shared understanding of the risks and the need for action and collaboration on climate change.  The global deal should contain six key features: (i) a pathway to achieve the world target of 50% reductions by 2050, where rich countries contribute at least 75% reductions; (ii) global emissions trading to reduce costs; (iii) reform of the clean development mechanism to scale-up emission reductions on a sectoral or benchmark level; (iv) scaling up of research and development funding for low-carbon energy; (v) an agreement on deforestation; and (vi) adaptation finance.

Dr. Hepburn is an environmental economist specializing in climate policy and long-term decision-making. He holds teaching and research fellowships at Oxford, is a visiting fellow at the London School of Economics and Political Science, and was a contributor to the Stern Review on the Economics of Climate Change. 

The Educating for Sustainability series is sponsored by NYU's Environmental Studies Program and the Sustainability Task Force