• CERAWeek
  • March 18 - 22, 2024

Katie Sullivan

International Emissions Trading Association (IETA)

Managing Director

Sessions With Katie Sullivan

Tuesday, 12 March

  • 07:30am - 08:40am (CST) / -

    Carbon Price: How critical for decarbonization?

    Panel Climate/Environment/Sustainability Geopolitics/Energy Policy/Economics

    Global carbon prices are woefully below what would be necessary to substantively impact investment and demand. Events of the past year have highlighted the potential disconnect between policy goals and the voter willingness to pay for the actions that would be required. Yet 2018 also highlighted the reality of severe weather events and include the release of scientific reports predicting the future consequences of rising CO2 emissions. How do we get from here to there? Is carbon price the right mechanism? How should it be implemented? Can there be a global agreement or will we have vastly different national outcomes? This session will discuss the economics and politics of carbon pricing from a government and company view.