
Steve will discuss policy options for deploying energy efficiency resources in electricity (non-transportation) end-use markets to meet needed GHG emission reduction levels. This discussion will include listing some barriers inherent to climate policy design, as well as energy markets, that inhibit efficiency investment as an emissions reduction strategy. However, the focus of the talk is on recommendations for effective mechanisms that incorporate end-use electricity energy efficiency into climate change mitigation efforts. In a recent ACEEE paper, Steve and his co-authors, argued, assuming that generator based cap and trade mechanisms will be favored over energy taxes, complementary actions outside of, but directly linked to and integral to the success of the trading systems is the best approach. He suggests using trade allowance auction proceeds to invest in four categories of complementary programs: (a) energy efficiency, public benefit program activities, (b) energy efficiency resource standards, (c) technology, behavior, and policy research, development and demonstration, and (d) codes and standards development and enforcement. It is also expected that the discussion will also turn to Obama administration policy on energy and climate issues. For more information about this seminar, please contact: JoAnne Lambert 510.486.4835, or send e-mail to JMLambert@lbl.gov