Economic Approaches to Climate Change | Newberry

Economic Approaches to Climate Change

Friday, November 20, 2015

9:30 am to 12:30 pm

Led by Jeff Sundberg, Lake Forest College
Full, wait list available
Newberry Teachers' Consortium

Economists have a variety of tools used to address what we call “market failures,” cases where competitive markets fail to lead to socially efficient outcomes. These tools include taxes, subsidies, use quotas, bans on particular behaviors, and other types of regulation. These can be applied to producers, manufacturers, and consumers in a variety of ways. Climate change provides an interesting case study for considering how environmental economists evaluate the most efficient ways to address large, complex problems by looking at the advantages and disadvantages of different tools. The seminar will discuss several different programs already in place as well as programs that have been proposed, including carbon taxes, ethanol subsidies, and various cap-and-trade programs. It will emphasize the different costs and risks inherent in these approaches.

Cost and Registration Information 

Newberry Teachers’ Consortium members may register for this seminar through their designated membership contact as space permits. Non-member educators may register for this seminar by purchasing an individual membership at the time of registration. Registration for all NTC seminars opens Wednesday, September 2, 2015. For more information about NTC membership, please contact Charlotte Ross, Teacher Programs Manager, at

The seminar will be followed by a catered lunch. Registrants should RSVP for lunch to assist Teacher Programs staff in reducing waste.

A link to the assigned pre-readings for this seminar will be distributed to participants via email.

If you believe you are registered for this seminar but have not received an email confirmation or reminder, please contact Teacher Programs staff.

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