Fall 2011 Meeting Presentations

October 27, 2011

Opening Remarks:  Tom Lewis, CEO, The Green Exchange

The Green Exchange has launched the first exchange list California Carbon Allowance Credit. What is next for the market?

Opening Keynote: Gary Guzy, Counsel, White House Council on Environmental Quality

Air and Climate on All Fronts...and the markets too

California’s Climate Solutions Act (AB 32) will reduce California emissions of global warming gases by 2020. In addition to creating the world’s largest economy-wide cap and trade program, AB 32 will drive the development of renewable energy, increase transportation and build environment efficiency. More than just a market for carbon, AB 32 is an integrated response to climate change.

Moderator: Eric PooleyVP EDF and Author, “The Climate War”

 

Respondents:

Nancy Ryan, Commissioner, California Public Utilities Commission

John Melby, Managing Director, The Green Exchange

Gary Guzy, Counsel, White House Council on Environmental Quality

Cross State Rule - CAA Emissions Markets

The Cross State Air Pollution Rule replaces the Clean Air Transport Rule overturned in 2008. This session will provide a status of the emissions market, review of CSAPR and outlook for future trading.

 

Moderator:  Gary Hart, Market Analyst, ICAP Energy

Presenters: Chairman Bryan Shaw, Texas Commission on Environmental Quality

Karl Karg, Counsel, Latham & Watkins

Gary HelmSenior Market Strategist, PJM Interconnection

Steve FineVice President, ICF International

Afternoon Keynote: Eric Pooley, VP, EDF and Author, "The Climate War"

In the Spotlight: California's Economy Wide Carbon Cap

Even with delayed compliance in California’s Cap-and-Trade, this session will cover key issues and updates on implementation with a start of trading in 2012.

 

·                     Allocations & Auctions

·                     Electricity Imports

·                     RPS Cross Compliance Implications for Two Systems

·                     Offset Rules and Impacts of Current Offset Rules

 

Moderator: Clare Breidenich, Director of GHG Committee, Western Power Trading Forum

 

Presenters: Frank Harris, Manager of Corporate Environmental Policy, Southern California Edison

Greg Greener, Manager, Environmental Trading and Analysis, Calpine

Daniel Lieberman, Carbon Asset Advisor, Chevron

Malcolm Weiss, Partner, Hunton & Williams

Patrick Pfeiffer, Senior Broker, BGC Environmental Brokerage Services

Renewable Energy and RECs:  California’s RPS – Aggressive but achievable?

Moderator: Steve FineVP, ICF International

Presenters: Nancy RyanCommissioner, California Public Utilities Commission

Laura Beane, Manager, Policy and Regulatory Group, Iberdrola Renewables

Harry Singh,Vice President, Goldman Sachs & Co.

October 28, 2011

Opening Keynote: Linda Adams, Chairman of Climate Action Reserve and Former Secretary of California Environmental Protection Agency

Regional Outlook - WCI, Canada, RGGI

Regional Markets – Bridge across troubled waters

The push for carbon control and the development of new renewable energy generation is a lead regionally. How will regional programs link? Can state initiatives satisfy EPA requirements? Will they meet goals and targets? 

  

·         WCI and Regional Programs update

·         Federal and regional integration

·         “Tool kit” for a low-carbon economy

 

Moderator: Ethan Ravage, West Coast Lead, IETA

 

Presenters: Linda Adams, Chairman of Climate Action Reserve and Former Secretary of California Environmental Protection Agency

Jean-Philippe Brisson, Senior Counsel, Linklaters LLP

Kristin Eberhard, Legal Director of Western Energy and Climate Projects, NRDC

Kyle DanishPartner, Van Ness Feldman

Michael Gibbs, CalEPA

New Trends in Environmental Credit Products

Beginning with updated research from EcoAnalytics, participants will learn how new environmental credit products are impacting the marketplace. Panelists will examine:

- New Trends in Environmental Credit Markets

- Products in Emerging Markets including:

  • Nutrient – PENNVEST
  • NRD Bank®- Including Rain Harvest Bank™ and
  • Habitat NRD Bank® of Bluefield Holdings

- How the new products are generating higher quality/lower-risk credits: 

- Lessons learned from Carbon markets

- Legal and regulatory considerations for new product entry 

 

Moderator:Shawn Severn, President, Bluefield Holdings

 

Presenters: Tiffany McCormick Potter, Founder, EcoAnalytics

Paul Marchetti, Executive Director, PENNVEST

Scott DeatheragePartner, Patton Boggs

Project Finance Workshop: The Future for Environmental Assets in Energy, Efficiency and Infrastructure Finance

A round table discussion of the key issues and updates on structured and project financings involving environmental assets. Given economic and financial sector realities, mixed with the state of environmental market demand, the panelists will discuss: Importance of offsets and other assets to projects; Infrastructure issues and limitations (e.g. public-private partnerships); Sector-based differences/programs (e.g. utility regulation, industrial and commercial end-user issues); The importance of market-based policies and incentives (e.g. tax incentives, RPS, CES, carbon pricing; Market and commodity oversight, reforms; and Unique and emerging financing structures. 

 

Moderator: Cameron Prell, Senior Counsel, McGuire Woods

 

Presenters: Susan WoodConsultant

Jeff King, Managing Director, Environmental Markets, Scotia Capital

Adam Raphaely, Director of Environmental Markets, Karbone

Offsets: Will California Have Enough?

Cost containment and compliance flexibility is key to compliance strategies for California’s largest emitters. Will the current offset program deliver sufficient California Carbon Offsets to meet demand?

 

Moderator: Adam Diamant, Senior Project Manager, Global Climate Change Program, Electric Power Research Institute

|

Presenters:

Derik Broekhoff,Vice President for Policy, Climate Action Reserve

Morgan Hansen, CE2 Capital Partners

Srikanth Venugopal, Director, Environmental Risk and Trading, TransCanada