Evidence to Action: Achieving the Net-Zero 2050 Targets

Eleventh Annual JRCPPF Conference | February 24-25, 2022

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Climate change has emerged as the defining issue of the twenty-first century, a root cause of social and economic upheavals that will affect multiple generations. In order to meet the 1.5°C (2.7°F) global warming target set by the Paris Agreement and minimize the impacts of climate change, carbon dioxide emissions have to reach net-zero by 2050 and total greenhouse gas emissions must reach net-zero in the 2060s. Transitioning to a carbon-neutral society in less than three decades means transformational changes in technology, behavior, and markets. Massive levels of investment and new financial instruments are required to deploy renewable energy at scale and develop new technologies for energy efficiency, carbon capture, and carbon storage. Smart policies and economic incentives are needed to shift consumer behavior and accelerate the switch away from fossil fuels.

What will it take for us to stabilize and reduce the concentration of carbon dioxide in Earth's atmosphere? How can we navigate this transition in a just manner that addresses the needs of workers in carbon-intensive sectors and the most vulnerable communities? This conference will bring together leading climate scientists, economists, and financial industry experts to explore the science behind the net-zero goals, optimal pathways to achieving the targets, the political and behavioral constraints, and the role of markets.

Co-sponsored by the Center for Policy Research on Energy and Environment, the Andlinger Center for Energy and the Environment, and the High Meadows Environmental Institute.

Conference Program

THURSDAY, FEB 24 | Why Net Zero 2050?

Thursday, February 24, 2022 (Eastern Standard Time)

3:15 - 3:20 PM Opening Remarks
Atif Mian, John H. Laporte, Jr. Class of 1967 Professor of Economics, Public Policy & Finance; Director, Julis Rabinowitz Center for Public Policy & Finance, Princeton University
3:20 - 4:30 PM Session 1: Why Net Zero 2050?

Zelina Zaiton Ibrahim, Associate Professor of Environmental Management and Statistics, IPCC and University Putra (Malaysia)
Kristie Ebi, Professor, Center for Health and the Global Environment, University of Washington
Leon Clarke, Research Professor; Acting Director of the Center for Global Sustainability, University of Maryland
Detlef Van Vuuren, Professor in Integrated Assessment of Global Environmental Change, Utrecht University; Senior Researcher, PBL Netherlands Environmental Assessment Agency
Assessment Agency
Moderator: Michael Oppenheimer, Albert G. Milbank Professor of Geosciences and International Affairs and the High Meadows Environmental Institute; Director of the Center for Policy Research on Energy and the Environment (C-PREE), Princeton University

4:40 - 5:30 PM KEYNOTE
Barbara Buchner
, Global Managing Director; Executive Director for Climate Finance, Climate Policy Initiative
FRIDAY, FEB 25 | Leveraging technology, policy, and markets

Friday, February 25, 2022 (Eastern Standard Time)

9:40 - 9:45 AM Welcome/introduction
9:45 - 10:55 AM Session 2: How do we reach the 2050 targets?

Jesse Jenkins, Assistant Professor of Mechanical and Aerospace Engineering and the Andlinger Center for Energy and the Environment, Princeton University
Ilissa Ocko *13, Senior Climate Specialist, Environmental Defense Fund
Jessika Trancik, Professor at the Institute for Data, Systems, and Society, MIT
Gunnar Luderer, Professor of Global Energy Systems Analysis, Potsdam Institute for Climate Impact Research
Moderator: Simon Levin, James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology, Princeton University

11:00 AM - 12:10 PM Session 3: How can we shift politics, behaviors and attitudes?

Connie Hedegaard, (former) EU Commissioner for Climate
Sara Kapnick ’04, Managing Director, Senior Climate Scientist & Sustainability Strategist, JP Morgan Chase & Co.
Felix Creutzig, Professor for Sustainability Economics of Human Settlements, Mercator Institute and Technical University Berlin

Moderator: Elke Weber, Gerhard R. Andlinger Professor of Energy & the Environment, Professor of Psychology and Public Affairs, Princeton University

12:20 - 1:10 PM KEYNOTE
Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia Business School
1:20 - 2:30 PM How can we leverage markets to achieve the Net-Zero 2050 targets?

Gernot Wagner, Clinical Associate Professor, New York University
Mar Reguant, Associate Professor of Economics, Northwestern University
Christian Gollier, Professor of Economics and Executive Director of the Toulouse School of Economics
Moderator: Atif Mian, John H. Laporte, Jr. Class of 1967 Professor of Economics, Public Policy & Finance; Director, Julis Rabinowitz Center for Public Policy & Finance, Princeton University

2:30 PM Closing Remarks

Speakers

Leon Clarke

Leon Clarke, Research Professor; Acting Director of the Center for Global Sustainability, University of Maryland

Felix Creutzig, Professor for Sustainability Economics of Human Settlements, Mercator Institute and Technical University Berlin

Felix Creutzig, Professor for Sustainability Economics of Human Settlements, Mercator Institute and Technical University Berlin

Kristie Ebi, Professor, Center for Health and the Global Environment, University of Washington

Kristie Ebi, Professor, Center for Health and the Global Environment, University of Washington

Christian Gollier, Professor of Economics and Executive Director of the Toulouse School of Economics

Christian Gollier, Professor of Economics and Executive Director of the Toulouse School of Economics

Connie Hedegaard, (former) EU Commissioner for Climate

Connie Hedegaard, (former) EU Commissioner for Climate

Jesse Jenkins, Assistant Professor of Mechanical and Aerospace Engineering and the Andlinger Center for Energy and the Environment, Princeton University

Jesse Jenkins, Assistant Professor of Mechanical and Aerospace Engineering and the Andlinger Center for Energy and the Environment, Princeton University

Sarah Kapnick ’04, Managing Director, Senior Climate Scientist & Sustainability Strategist, JP Morgan Chase & Co.

Sarah Kapnick ’04, Managing Director, Senior Climate Scientist & Sustainability Strategist, JP Morgan Chase & Co.

Gunnar Luderer, Chair of Global Energy Systems, Technische Universität Berlin; Head, Energy Systems Research, PIK

Gunnar Luderer, Chair of Global Energy Systems, Technische Universität Berlin; Head, Energy Systems Research, PIK

Ilissa Ocko *13, Senior Climate Specialist, Environmental Defense Fund

Ilissa Ocko *13, Senior Climate Specialist, Environmental Defense Fund

Mar Reguant, Associate Professor of Economics, Northwestern University

Mar Reguant, Associate Professor of Economics, Northwestern University

Jessika Trancik, Professor at the Institute for Data, Systems, and Society, MIT

Jessika Trancik, Professor at the Institute for Data, Systems, and Society, MIT

Detlef Van Vuuren, Professor in Integrated Assessment of Global Environmental Change, Utrecht University; Senior Researcher, PBL Netherlands Environmental Assessment Agency

Detlef Van Vuuren, Professor in Integrated Assessment of Global Environmental Change, Utrecht University; Senior Researcher, PBL Netherlands Environmental Assessment Agency

Gernot Wagner, Clinical Associate Professor, New York University

Gernot Wagner, Clinical Associate Professor, New York University

Zelina Zaiton Ibrahim, Associate Professor of Environmental Management and Statistics, IPCC and University Putra

Zelina Zaiton Ibrahim, Associate Professor of Environmental Management and Statistics, IPCC and University Putra

Christopher Greig, Theodora D. ’78 and William H. Walton III ’74 Senior Research Scientist; Acting Associate Director for External Partnerships, Andlinger Center for Energy and the Environment

Christopher Greig, Senior Research Scientist, Andlinger Center for Energy and the Environment, Princeton University

Simon Levin, James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology, Princeton University

Simon Levin, James S. McDonnell Distinguished University Professor in Ecology and Evolutionary Biology, Princeton University

Atif Mian, Professor of Economics, Public Policy and Finance, Princeton University

Atif Mian, Professor of Economics, Public Policy and Finance, Princeton University

Michael Oppenheimer, Albert G. Milbank Professor of Geosciences and International Affairs; Director of the Center for Policy Research on Energy and the Environment (C-PREE), Princeton University

Michael Oppenheimer, Albert G. Milbank Professor of Geosciences and International Affairs; Director of the Center for Policy Research on Energy and the Environment, Princeton University

 Elke Weber, Gerhard R. Andlinger Professor of Energy & the Environment, Professor of Psychology and Public Affairs, Princeton University

Elke Weber, Gerhard R. Andlinger Professor of Energy & the Environment, Professor of Psychology and Public Affairs, Princeton University

 

Keynotes

Patrick Bolton
Patrick Bolton, Barbara and David Zalaznick Professor of Business, Columbia Business School
Barbara Buchner
Barbara Buchner, Global Managing Director; Executive Director for Climate Finance, Climate Policy Initiative
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