Public Lecture, 9 May: An Economic Perspective on Climate Change Policy

There is a  upcoming free talk on carbon pricing and public policies by Albert Pratt,  Professor of Business and Government at Harvard University and Director of the Harvard Environmental Economic Programme, on Monday, 9 May, do make sure to register.

It has been organised by “Globalising Good” Hong Siew Ching Speaker and Seminar Series, Centre on Asia and Globalisation, Lee Kuan Yew School of Public Policy, National Climate Change Secretariat, and Civil Service College. Details below.

About the Lecture
The goods and services that are produced by modern market economies are largely powered or enabled by the use of fossil fuels, whose combustion results in the emission of greenhouse gases and other pollutants. Yet when making private production and consumption decisions, firms and people do not take this externality into account.

For purposes of efficiency, societies should control pollutant emissions up to the point where the incremental (marginal) benefit of pollution control equals the incremental (marginal) cost of such activity. This conceptual insight is at the heart of analytical tools such as net present value (benefit-cost) analysis, as well as cost-effective policy instruments such as carbon pricing.

Where carbon pricing is concerned, how can governments incorporate carbon price signals through public policies? Why are technology R&D initiatives important even if there is carbon pricing?

Professor Robert Stavins, Albert Pratt Professor of Business and Government at the Harvard Kennedy School, and Director of the Harvard Environmental Economics Program, will explain that a broader understanding of how economics can, and should, be applied to thinking about climate change can assist governments and public officers to formulate better climate policies at the national level.

About the Speaker
Professor Robert N. Stavins is the Albert Pratt Professor of Business and Government, Director of the Harvard Environmental Economics Program, Chairman of the Environment and Natural Resources Faculty Group, Director of Graduate Studies for the Doctoral Program in Public Policy and the Doctoral Program in Political Economy and Government, Co-Chair of the Harvard Business School-Kennedy School Joint Degree Programs, and Director of the Harvard Project on Climate Agreements.

Professor Stavins directed Project 88, a bi-partisan effort co-chaired by former Senator Timothy Wirth and the late Senator John Heinz, to develop innovative approaches to environmental and resource problems. He continues to work closely with public officials on matters of national and international environmental policy.
He holds a B.A. in philosophy from Northwestern University, an M.S. in agricultural economics from Cornell, and a Ph.D. in economics from Harvard.

Lecture Details and Registration

Date: 9 May 2011, Monday
Time: 4.00pm – 6.00pm
Venue: CSC Auditorium

Address Level 1, Civil Service College, 31 North Buona Vista Road, Singapore 275983
Lecture Fees: Complimentary but subject to a no-show charge of $10.70 (incl. GST)

Please register early as there is limited seating capacity. We will keep you posted on the status of your registration. Alternatively, please write to Ms Linda Lim (Email:; DID: 6874 1887) with your Name, NRIC, Designation, Organisation and Contact Details.

We would appreciate your responses by 29 April, Friday and will confirm your attendance by 4 May, Wednesday.

Please note that the following withdrawal clauses apply:
– Confirmed participants who withdraw after 4 May will be charged the full cost of the lecture.
– A replacement can be made at no additional charge.
– Only withdrawals through emails or faxes will be acknowledged.

We look forward to seeing you at this lecture.

Image taken from Lee Kwan Yew School of Public Policy


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