Cap and Trade 101

Saturday, Nov. 14 | 9:30–10:30 a.m.


Cap and trade legislation passed in the U.S. House of Representatives in June as part of the American Clean Energy and Security Act of 2009 and will be before the Senate this fall. This session will explore how a federal cap and trade system would work and its impact on states. Panelists will also discuss the optimal design of a cap and trade program as well as other alternatives that would achieve the same goal of reducing greenhouse gas emissions if the bill fails to pass the Senate.




chartierDaniel L. Chartier

Director, Environmental Markets and Air Quality Programs
Edison Electric Institute
Dan Chartier is director of Environmental Markets and Air Quality Programs at the Edison Electric Institute, the association of U.S. shareholder-owned electric companies. Its members serve 95 percent of the ultimate customers in the shareholder-owned segment of the industry, and represent approximately 70 percent of the U.S. electric power industry.
Chartier deals with traditional pollutants (sulfur dioxide, nitrogen oxide, particulate, ozone, etc.) and climate change issues, and the design and oversight of environmental markets. He also serves an adjunct professor at the Johns Hopkins Carey Business School where he teaches a graduate level course on environmental finance.
Before joining Edison Electric Institute, Chartier worked in the Clean Air Markets Division of the U.S. Environmental Protection Agency. He also served as president of the Environmental Markets Association, for which he is a principal co-founder and past board chairman. He also served previously as emissions marketing manager at PG&E’s National Energy Group and worked at Wisconsin Electric Company in various positions.



Nicholas Bianco

Senior Associate, World Resources Institute
Nicholas Bianco works with states and Canadian provinces through the Midwestern Greenhouse Gas Reduction Advisory Group and the Western Climate Initiative as they develop regional climate programs. He is also examining the role for states in future federal climate programs.
Bianco previously worked with the Massachusetts Department of Environmental Protection on climate change and air quality programs. While at MassDEP, he worked to implement the Regional Greenhouse Gas Initiative, a CO2 cap-and-trade program adopted by 10 Northeast and Mid-Atlantic states. He also worked on the Massachusetts Greenhouse Gas Credit Trading Program, a pre-RGGI CO2 offset program, and the Massachusetts Clean Air Interstate Rule, a cap and trade program for ozone season emissions of nitrogen oxide. Bianco also served as a co-chair of the regional RGGI Model Rule Committee.