Fall School, Climate Economics Chair, October, Thursday 13th and Friday 14th 2022
2022-10-13 07:30 - 2022-10-14 14:00 (Europe/Helsinki) | Palais Brongniart, Salle La Place, 2ème étage, 28 Place de la Bourse, Paris, 75002, France
Palais Brongniart
28 Place de la Bourse
75002 Paris
2nd floor– La Place Fintech
Program pdf
Find the presentations of Day 1 by clicking on the title of the interventions
Thursday, October 13th
Carbon neutrality
Olivier Massol (IFP School, CEC) Demand response as a source of flexibility in low-carbon power systems: insights from the French case
Adrien Nicolle (Centrale Supélec, CEC) – CCS The economics of CCS infrastructures
Behrang Shirizadeh (CIRED, Deloitte) Long-term optimization of the Hydrogen-Electricity nexus in France: Green, Blue, or Pink Hydrogen
Carbon Pricing and Border Tax adjustment
Marc Baudry (Paris Nanterre University, CEC) What prospects and challenges for the EU-ETS in the years to come?
Marie Raude (Paris Nanterre University, CEC) Firms in the EU ETS: a categorisation based on transaction behaviour
Etienne Espagne (The World Bank) Impacts of CBAM on EU trade partners: consequences for developing countries
Climate justice
Anna Creti (Paris Dauphine – PSL University, CEC) and Maria Eugenia Sanin (Paris Saclay University, CEC) North versus South: the transition dilemma
Edouard Pignède (AgroParisTech, CEC) Who carries the burden of climate change? Impact of droughts in Sub-Saharan Africa
Marc Fleurbaey (PSE) Inequalities and Carbon Pricing

Friday, October 14th
Climate economics, decision making and policies
Summary of the scientific sessions, by the Charmen and Chairwomen
Round table: how do climate economics influence stakeholders’ decisions?
Philippe Delacote (INRAE, CEC), Chairman
With:
Anne Varet – Ademe
Edouard Lanckriet – Bioline
Frédérique Rigal – Airbus
Laurent Joudon – EDF
Juliette Quef – Vert Le Média
Vipulan Puvaneswaran – Environmental Activist

[🇫🇷] Colloque hybride Green Deal : cohérence et ambition sont-elles au Rendez-Vous ? Cas de la gestion des déchets dangereux, jeudi 17 novembre 2022
2022-11-17 08:00 - 16:00 (Europe/Helsinki) | Fondation Biermans-Lapôtre, 75014 Paris, 9a Boulevard Jourdan, Paris, 75014
Le 17 novembre 2022 de 9H00 à 17H00
Colloque hybride
Présentiel : Fondation Biermans-Lapôtre, 75014 Paris
Le Green Deal de l’Union Européenne, plan d’actions environnementales d’une ampleur sans précédent, est le premier à intégrer à la fois tous les piliers de l’habitabilité de la planète : climat, énergie, déchets, pollution, économie circulaire, transport, alimentation, biodiversité, finance. Cette approche grand angle témoigne de la reconnaissance par les institutions européennes de ce que l’environnement relève de tous ces aspects à la fois et de leurs interactions. Fin de l’approche “en silos”? Ce vaste ensemble législatif en cours d’élaboration couvre notamment le secteur des déchets dangereux et en réglemente les aspects économie circulaire, ambition zéro pollution, cycles non-toxiques de la matière, finance verte et lutte contre le changement climatique.
Lors de ce colloque, des représentants de la Société, des institutions et de l’industrie mettront en perspective leurs préoccupations concernant l’environnement, le climat et la santé et s’interrogeront sur le degré de cohérence entre les divers objectifs visés par le Green Deal et leur réalisation effective dans le cas de la gestion des déchets dangereux.
Lien SYPRED
Programme
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Friday Lunch Meeting Research, Charles F. Mason, November 18th 2022
2022-11-18 11:30 - 13:00 (Europe/Helsinki) | webinaire
Speaker

Charles F. Mason is H.A. True Chair in Petroleum and Natural Gas Economics. Department of Economics, University of Wyoming
Title
Complications in Cooperating when Players are Asymmetric: Theory and Experimental Evidence
Abstract
I study an indefinitely repeated game where players’ payoffs are asymmetric. Attempts to cooperate in such an environment, for example by rationing actions in proportion to some measure of size, have generally struggled in practice. Successful cooperation requires setting shares so that neither player will defect, which commonly requires allocating shares that disproportionately favors the player with larger payoffs — which the smaller player is unlikely to accept. One resolution to this conflict arises when players’ utility depends on payoff differences, which tends to increase the smaller player’s share. I then analyze experimental data that sheds light on this issue. I find that smaller players do not reduce their actions proportionately to their one-shot Nash equilibrium level. While inconsistent with the standard repeated-game result, this outcome is consistent with the version of the model where players’ payoffs reflect inequality aversion.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
The registration to the seminar will be online only.
To participate, we invite you to register here
The link will be sent to you once your registration completed.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

International Conference on Mobility Challenges, 8 & 9 Decembre 2022
2022-12-08 08:30 - 2022-12-09 14:00 (Europe/Helsinki) | Ecole CentraleSupélec Université Paris Saclay, Bâtiment Bouygues 9 Rue Joliot Curie, Gif-sur-Yvette, 91190, France
The 9th edition of the annual International Conference on Mobility Challenges brings together people from academia and industry to propel us to the frontier of important challenges at the interface of automotive, energy and mobility industries. We welcome speakers from multiple backgrounds (technical as well as more in the business domain) and this mix has been proven fertile soil for insights and contacts, as well as new questions and ambitions. The first day consists of a series of keynotes and roundtables, whereas the second day is research oriented with paper presentations.
Please check out this year’s program here!
We are looking forward to welcoming you on December 8th and 9th 2022
Conference location: Ecole CentraleSupélec Université Paris Saclay
Batiment Bouygues 9 Rue Joliot Curie 91190 Gif-sur-Yvette
Please REGISTER for the conference:
We’d like to know which part of the conference you will be attending and whether you will be staying for lunch.
Conference jointly sponsored by:

Chair Armand PEUGEOT (CentraleSupélec & ESSEC Business School)
Chair Energy and Prosperity (Louis Bachelier Institute, Risk Foundation)
Climate Economics Chair (Paris Dauphine- PSL University)

Friday Lunch Meeting Debate, Philippe Quirion, December 16th 2022
2022-12-16 12:30 - 14:00 (Europe/Paris)
Feel free to watch our last FLM’s video

Speaker
Philippe Quirion is Research Director at CNRS, CIRED
Title
Tackling car emissions in urban areas: Shift, Avoid, Improve (join work with Marion Leroutier)
Abstract
The environmental externalities associated with car use represent a significant cost to society. Using a representative transport survey from the Paris area, we investigate to what extent car use could be shifted to low-emission modes, avoided via teleworking, or improved via a transition to electric vehicles. According to our scenario analysis based on counterfactual travel time data for 45,000 observed car trips, 40% of car users could realistically shift to e-bike mostly or public transit in a few cases with an increase in travel time of one minute per day on average. Such modal shift would reduce CO2 and local pollutant emissions from daily mobility by around 15%, generating climate and health benefits worth around e140 million per year. Inability to undertake a modal shift is associated with living in the outer suburbs, being retired, being a man and having a high income. Another 5% of total emissions could be avoided if all the car-dependent” individuals able to work from home did so for two days a week. Holding demand for mobility and public transport infrastructure fixed, achieving greater emission reductions would require improving car use via a transition to electric vehicles.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
You will be able to attend to this event physically or via Zoom.
To participate, we invite you to register here
The link will be sent to you once your registration completed.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Research, Clément Nedoncelle, January 20th, 2023
2023-01-20 12:30 - 14:00 (Europe/Helsinki)
Speaker
Clément Nedoncelle is an INRAe Research Fellow, in the UMR PSAE (INRAE, AgroParisTech)
Title
Extreme temperatures and inequality: Evidence from French agriculture.
Abstract

Climate change is expected to alter the frequency of occurrence of extreme weather events. Ap-plying quantile regressions on French crop farmers individual cross sectioned data over the period2002-2017, we quantify the distributional eﬀect of extreme temperatures on farm income. Finding sindicate that both hot and cold extreme temperatures during the growing season may on average substantially reduce farm income. The distributional analysis unveil an important heterogeneity between farmers and opposite eﬀects of cold and hot extreme temperatures. While cold extreme temperatures are found to be more damaging for lowest incomes, and hence increase inequality, hot extreme temperatures are found to be more harmful for highest incomes, and decrease inequality. Two possible reasons for this antagonistic impact of extreme temperatures are explored.First, there could be a crop eﬀect: the proportion of corn in the crop mix decreases with income,while the proportion of rapeseed increases with income. Second, there could be a region eﬀect: the proportion of Northern farmers increases with income while the proportion of Southern farmers decreases with income.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
You will be able to attend to this event via Zoom (due to works in the Palais Brongniart the seminar rooms are not available).
To participate, we invite you to register here
The link will be sent to you once your registration completed.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Debate, Marc Baudry, February 17th 2023
2023-02-17 12:30 - 14:00 (Europe/Paris)
Speaker
Marc Baudry is a Professor at the University of Paris Nanterre and Head of the CO2 Price and Low Carbon Innovation Program
Title
Long-term decarbonisation: can the EU-ETS do better?
Abstract
Despite the marked increase in the price of carbon on the EU-ETS for several years, the European Commission has shown its willingness to reform the mechanism in order, among other things, to encourage the adoption of low-carbon technologies. This paradox can be explained by the distinction between short-term, reversible reductions and long-term investments in low-carbon, irreversible technologies. However, the latter are not only obtained by a significantly high price, but also by good visibility of the future trajectory of this price. The presentation first returns to the concept of a central carbon bank to ensure such visibility. But for regulated sectors to invest in technological change, viable low-carbon technologies still need to be developed. The presentation therefore then focuses on the elements of reform of the EU-ETS, or which are linked to it, likely to have a direct or indirect impact on low-carbon innovation. In this regard, particular attention is paid to the carbon border adjustment mechanism.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
You will be able to attend to this event via Zoom (due to works in the Palais Brongniart the seminar rooms are not available).
To participate, we invite you to register here
The link will be sent to you once your registration completed.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Debate, Anna Creti, March 17th 2023
2023-03-17 12:30 - 14:00 (Europe/Helsinki)
Speaker

Anna Creti is a Professor at the University of Paris Dauphine and Director of the CEC
Title
Decoding the reform of the electricity market
(The FLM will take place in an interview format, with Anna Creti answering questions from the Chair’s PhD students)
Abstract
The current system has provided an efficient and integrated market for many years, enabling the EU to reap the economic benefits of a single energy market, ensuring security of supply and stimulating the process of decarbonization. However, the system also revealed potential weaknesses. In the context of the current crisis, with high and volatile electricity prices, the economic burden has weighed too heavily on end consumers. A reform is under discussion, in particular to better protect households and businesses against high energy prices, increase resilience and accelerate the transition planned in the European Green Deal and the REPowerEU Plan.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
You will be able to attend to this event via Zoom (due to works in the Palais Brongniart the seminar rooms are not available).
To participate, we invite you to register here
The link will be sent to you once your registration completed.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Research, Alexandre Mayol, April 21st 2023
2023-04-21 12:30 - 14:00 (Europe/Paris)
Speaker
Alexandre Mayol is Lecturer in economics (BETA – University of Lorraine) and holder of the Natural Resources and Local Economy Chair
Title
Tariff design, incentives and transports: an experimental approach (with Philippe Gagnepain, Sébastien Massoni et Carine Staropoli)
Abstract
How do consumers react to tariff design? The theoretical literature in industrial organization aims to design tariffs to address economic concerns. However, empirical results show that consumers may not fully react to complex prices, as they are based on the assumption of perfect rationality. This is particularly relevant in public transportation, as policymakers aim to increase usage and alleviate network congestion through pricing strategies. Through a laboratory experiment, this study aims to analyze the trade-off between time and money under different tariffs. The findings of this study will be crucial in informing public transportation policy and reducing individual car usage.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Research, Luca Taschini, May 19th 2023
2023-05-19 12:30 - 14:00 (Europe/Paris)
Speaker
Luca Taschini is an economist and his research is interdisciplinary and spans economics and applied finance. It cuts across the fields of environmental and resource economics, financial economics and industrial organisation.
Luca Taschini is Professor of Climate Change Finance at the University of Edinburgh Business School and a Visiting Senior Fellow at the Grantham Research Institute at LSE. Luca is a CESifo Research Network Fellow, and he was previously a Visiting Scholar at MIT and the Ritsumeikan University, Japan.
Title
Carbon Default Swap – Disentangling the Exposure to Carbon Risk Through CDS
Abstract
Using Credit Default Swap spreads, we construct a forward-looking, market-implied carbon risk factor and show that carbon risk affects firms’ credit spread. The effect is larger for European than North American firms and varies substantially across industries, suggesting the market recognises where and which sectors are better positioned for a transition to a low-carbon economy. Moreover, lenders demand more credit protection for those borrowers perceived to be more exposed to carbon risk when market-wide concern about climate change risk is el- evated. Finally, lenders expect that adjustments in carbon regulations in Europe will cause relatively larger policy-related costs in the near future.
To consult the paper it is here

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Research, Kenneth Houngbedji, June 16th 2023
2023-06-16 12:30 - 14:30 (Europe/Paris)
Speaker
Kenneth Houngbedji is a Researcher (IRD, LEDa-DIAL)
Title
Rainy days and learning outcomes: evidence from Sub-Saharan Africa
with Yasmine Bekkouche (ULB)and Oswald Koussihouèdé (UNESCO IIEP)
Abstract
We combined information on daily rainfall at school locations and standardized test scores to study how learning outcomes at primary schools are affected by precipitation during school days in Sub-Saharan Africa. Our results suggest that student test scores are lower in schools that are exposed to more rainy days during the academic year. Students in locations that had more rainy school days are also more likely to experience grade repetition. We assess and find evidence for two mechanisms for these findings: teacher absenteeism due to rainy school days and lower coverage of school curricula.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Friday Lunch Meeting Debate, Vincent Viguié, September 15th 2023
2023-09-15 12:30 - 14:30 (Europe/Paris)
Speaker
Vincent Viguié is a researcher at CIRED, Ecole des Ponts ParisTech
Titre
Simulating the impact of urban climate policies over a large number of cities

Résumé
City-level policies are increasingly recognized as key components of strategies to reduce transport greenhouse gas emissions. However, at a global scale, their total efficiencies, costs and practical feasibility remain unclear. I will present a few papers in which we show that, thanks to the recent increase in local data availability, urban economic and transport models can help analyze and simulate the potential, the welfare impacts and the inequalities created by transport policies in cities in different countries. Our results highlight that there is no one-size-fits-all policy, but that, with city-specific strategies, it seems generally possible to sharply reduce emissions, over 15 to 20 years, while increasing the average welfare of the inhabitants. However, inequality creation by the policies appears as one of the main challenge, as it raises ethical issues and threatens the political acceptability of the policies. How to overcome this challenge still appears as a research gap.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

CEC Annual Conference October 11th & 12th, 2023
2023-10-11 09:30 - 2023-10-12 13:00 (Europe/Paris)
Program
SEE ATTACHED PDF PRESENTATIONS:
SESSION 2
SESSION 3
SESSION 4
SESSION 5
Dauphine-PSL University, Room A709 Access
SCOPE
Climate and weather events (heatwaves, droughts, storms), geopolitical events (economic and armed conflicts), as well as economics shocks (financial breakdown) depict a global context in which crisis overlap and accumulate, which have strong socio-economic impacts and can make climate action more difficult to implement. Meanwhile, achieving carbon neutrality of our society is an unquestionable objective to mitigate climate change and to avoid further worsening of those crisis.
TOPICS

Decarbonizing the economy: key issues
Climate Policies
Net Zero Strategies at national level: energy efficiency
Carbon pricing and carbon neutrality: do they match?
International Trade and Coalitions

INVITED SPEAKERS

Larry Goulder, (Stanford University)
Suzi Kerr (Environmental Defense Fund)
Olivier Deschenes (California University, Santa Barbara)
Massimo Tavoni (CMCC)
Maureen L. Cropper (Maryland University)
Patrick Criqui (Grenoble Alpes University)
Katheline Schubert (PSE)
Jonathan Wiener (Duke University)

PUBLICATION OPPORTUNITIES
A selection of high-quality papers presented at the CEC Annual Conference will be published in a Special Issue of Resource and Energy Economics (REE) under the Guest-Editorship of Anna Creti and Philippe Delacote.

Cancellation - Friday Lunch Meeting Debate, Jörg Peters, November 17th, 2023
2023-11-17 12:30 - 14:00 (Europe/Paris)
It is with regret that we announce the cancellation of Mr. Peters’ FLM who, for reasons beyond his control, is unable to take part in this seminar, which will be postpone to a later date.
Speaker
Jörg Peters co-heads the research department “Climate Change and Development” at RWI– Leibniz Institute for Economic Research, Germany
Title
Do not tax carbon in Sub-Saharan Africa
Abstract
Ongoing global warming is due to historic emissions by Western countries and, more recently, high economic growth rates in Asia and Latin America have contributed significantly to the carbon stock as well. Sub-Saharan Africa (SSA) for long has been in the spotlight only for climate change adaptation but is increasingly entering the debate as a potential future emitter. Accordingly, there has been a push to tax carbon in SSA. Indeed, carbon taxation is often praised as the go-to instrument for efficient climate policy. In this comment, we argue that it is wrong to tax carbon in SSA. It is likely to be ineffective, and it almost certainly hurts the poor. As an alternative, climate policy should focus on adaptation in least developed countries and for more advanced ones on preventing carbon-lock in effects by disruptive green investments.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

10th International Conference on Mobility Challenges, December 6th & 7th, 2023
2023-12-06 09:00 - 2023-12-07 13:00 (Europe/Paris) | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
The 10th edition of the annual International Conference on Mobility Challenges brings together people from academia and industry to propel us to the frontier of important challenges at the interface of automotive, energy and mobility industries. We welcome speakers from multiple backgrounds (technical as well as more in the business domain) and this mix has been proven fertile soil for insights and contacts, as well as new questions and ambitions. The first day consists of a series of keynotes and roundtables, whereas the second day is research oriented with paper presentations.
Please check out this year’s PROGRAM
We are looking forward to welcoming you on December, 6 and 7 2023
Conference location : Paris Dauphine-PSL University
Pl. du Maréchal de Lattre de Tassigny, 75016 Paris, Métro Porte Dauphine.
ROOM A709 Acess
Please REGISTER for the conference

[🇫🇷] Friday Lunch Meeting Debate, Léa Falco, December 15th 2023
2023-12-15 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker
Léa Falco is a Project manager for training public officials in environmental issues” at the Ecole Nationale des Ponts et Chaussées (ENPC). In December, she is starting a COFRA thesis between the ENPC, CIRED and CGDD in political science, entitled “From training public officials to transforming public action: the case of ecological transition”.
Title
Pour faire écologie ensemble, quel avenir pour le militantisme environnemental et l’écologie politique ? To go green together, what future for environmental activism and political ecology?
Abstract
We are currently in a “strange transition”, announced but not yet begun, which locks us into a painful in-between period of history. In this period of uncertainty, how can we build ecological transformation? And what’s the point of committing oneself when one feels that one’s effort are insufficient? To do this, we need a theory of change through which action can be taken, building up individual commitments to achieve collective change.

Practical informations:
Our Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Global Energy Transition and Development: Africa at Crossroads, January 17, 2024
2024-01-17 08:30 - 17:00 (Europe/Paris) | Ecole des Mines, 67 boulevard Saint Michel, Paris, Sélectionner un État :, 75005, France
Co-organized by Energy and Prosperity Chair, Climate Economics Chair and Industrial Economics of Emerging Africa Chair.
Venue: Paris, Mines Paris PSL, 67 Boulevard Saint-Michel, 75005 (Salle Vendôme) on January, 17th 2024
The event will tackle the crucial intersection between global energy transition and development,specifically focusing on exploring effective policy instruments. Our keynote speaker, RabahArezki (CNRS, Cerdi, Harvard Kennedy Schoolof Government), will kick off the journey with an engaging talk, followed by researchers and industry experts, as they share insights into the diverse issues surrounding sustainable energy transition and development in Africa. Additionally, the workshop will showcase ongoing doctoral research. To conclude, a policy session introduced by Mr. Antoine Felix Abdoulaye DIOME, the Minister of Energy of th eRepublic of Senegal (to be confirmed) and Mr. Youba Sokona (Former IPCC Vice Chair), will provide first hand insights from the field and policy actors, enriching future research perspectives.
PROGRAM
REGISTRATION

FLM Research, Stéphanie Monjon, January 19th, 2024
2024-01-19 12:30 - 14:00 (Europe/Paris)
Presentation in French
Speaker: Stéphanie Monjon is a Lecturer in the Economics Department at the University Paris Dauphine. She is also associate researcher at the Climate Economics Chair.
Title: Feedback and cooperation: An Experiment on sorting behaviour (Noémi Berlin, Mamadou Gueye, Stéphanie Monjon)
Abstract: In this paper, we use a laboratory experiment to analyze the effect of information provision (feedback) on individual sorting behavior. To be effective, sorting must be a mixture of quantity and quality. However, increasing quantity may reduce quality due to the increasing risk of contamination. We consider a two-stage coordination game in which individuals first choose whether or not to participate in the sorting activity, and then complete a collective sorting task. The performance, a mixture of quantity and quality, of their sorting is measured. In this situation, information about the partner’s past performance and information about one’s own past performance are used as feedback treatments. Using a between-subjects experimental design, we find that providing feedback about own performance to an individual who decides to engage in a sorting activity is more efficient than not providing information and than providing information about the partner’s performance. Although the experiment is uncontextualised, the results have direct consequences on any situations implying an individual decisions in a collective task (e.g. waste sorting behavior).

Practical informations: Our Friday Lunch Meeting will take place from
12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Workshop on Mortality and Morbidity Risk Valuation – advances and remaining challenges, January 25th and 26th 2024
2024-01-25 08:30 - 2024-01-26 17:00 (Europe/Paris) | Université Paris-Dauphine, Place du Maréchal de Lattre de Tassigny, Paris, 75016
January 25th and 26th, 2024
Université Paris Dauphine-PSL
Room Raymond Aron & Room A709
Access map
In recent years, health has become a focal point. Increasing threats to human health force decision makers to focus on policies that mitigate morbidity and mortality risk efficiently and equitably. This workshop brings together experts from top universities to present their latest research and share insights addressing the complexity of risk reduction evaluation. The workshop will cover a range of topics, including but not limited to stated preferences techniques, health state valuation, and behavioural considerations.
PROGRAM
REGISTRATION

Special FLM Debate, Jean-Michel Valantin, January 26th, 2024
2024-01-26 12:30 - 14:00 (Europe/Paris)
Présentation in english
Speaker: Jean-Michel Valantin is a Ph.D. in strategic studies and defense sociology, specialist in American strategy, Lead Senior Analyst at The Red Team Analysis Society.
Title : Climate change and geopolitics : Towards climate and ressources wars ?
Abstrat: Since at least ten years, climate change combines with regional political crisis and military conflicts all around the World, especially on Africa and the Middle East. However, the scale of the climate&security nexus changes and becomes global with the Ukraine War. So, what is goinf to happen if climate change worsens while the US and China finally Go to War ?

Practical informations : Our Friday Lunch Meeting will take place from
12.30 pm to 2.00 pm

FLMs are held in a hybrid format (face-to-face or zoom)
To participate we invite you to register here
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research, Daniel Herrera, February 16th, 2024
2024-02-16 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in english
Speaker: Daniel Herrera is an Assistant Professor at Paris Dauphine-PSL and a CEC associate researcher.
Title: Empirical bounds on the value of improved health
Abstrat: Policies that improve health and longevity are often valued by combining expected gains in quality-adjusted life years (QALYs) with a constant willingness-to-pay (WTP) per QALY. This constant is derived by dividing estimated value per statistical life (VSL) by expected future QALYs. We explore the validity of this practice by deriving the empirical counterparts of theoretical upper and lower bounds on the WTP for a marginal improvement in the quality of life, as measured by gains in health status or longevity. We obtain data by surveying a representative sample of French adults over the internet. Testing whether upper and lower bounds on the WTP for improved health and longevity are the same permits a novel empirical test for the descriptive validity of the QALY model, as well as validate (or not) a standard and widespread policy practice.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research, James Bushnell, March 15th, 2024
2024-03-15 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: James Bushnell, Professor, Dept. of Economics, University of California, Davis and Research Associate, NBER (National Bureau of Economic Research)
Title: Energy Policy Modeling Under Uncertainty: The Case of the U.S. Inflation Reduction Act
Abstract: In recent years the analysis of US climate policy on the electricity sector has predominantly deployed electricity planning models that use deterministic or equilibrium optimization methods. While uncertainty in key input assumptions is considered, it is usually restricted to scenario analysis. In this study we combine time-series econometric forecasting methods with an equilibrium electricity system-expansion model. The goal is to produce statistically rigorous distributions of outcomes, rather than rely upon individually selected scenarios. We apply these techniques to the case of the US Inflation Reduction Act (IRA) in the context of the western US grid. The most significant power sector financial incentive is a production tax credit applied to eligible zero-carbon and storage resources. Preliminary results indicate that the impacts of the IRA depend heavily on the realization of several key exogenous variables. The result is a heavily skewed distribution of outcomes such as induced emissions reductions and the implied marginal costs of abatement.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] Special FLM Debate, DG Trésor, March 29th, 2024
2024-03-15 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Paul-Hervé Tamokoué Kamga & François Chabrol

Title: Le rapport intermédiaire de la DG Trésor sur les « Enjeux économiques de la transition vers la neutralité carbone »
Abstract: Inspiré par la Net Zero Review conduite par le Trésor britannique, le rapport de la DG Trésor « Les enjeux économiques de la transition vers la neutralité carbone » analyse les grands enjeux économiques de la transition bas-carbone en France. Le rapport intermédiaire, publié en décembre 2023 avant la publication du rapport final fin 2024, est composé de quatre chapitres que nous proposons de présenter lors du FLM. Le premier chapitre fait un état des lieux des connaissances disponibles sur les coûts économiques du changement climatique. Le deuxième chapitre passe en revue les instruments de politiques publiques mobilisables pour réduire nos émissions en comparant leurs mérites et propose une grille d’analyse innovante des politiques climatiques. Le troisième chapitre présente des premiers éléments sur les conséquences de la transition bas-carbone sur les recettes de fiscalité énergétique et son impact plus général sur les finances publiques. Enfin, le dernier chapitre propose une analyse sectorielle de la rénovation énergétique des logements, en s’appuyant sur des données et des résultats empiriques récents ainsi que des exemples internationaux.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] FLM Debate, Christian de Perthuis, May 17th 2024
2024-05-17 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in french
Speaker: Christian de Perthuis, Fondateur de la Chaire Economie du Climat
Title: Carbone fossile carbone vivant : vers une nouvelle économie du climat
Abstract: L’heptagone de l’économie du climat. L’heptagone désigne les polygones à 7 sommets. C’est la raison pour laquelle il permet de figurer les 7 idées forces du livre « Carbone fossile, carbone vivant ». Le réchauffement climatique et la perte de biodiversité nous imposent de changer de paradigme. L’abondance des biens est à l’origine de risques systémiques : trop de charbon, trop de pétrole, trop de gaz conduisent à une accumulation de CO2 dans l’atmosphère déréglant le climat. La finalité de l’économie devient la résilience. Pour atteindre la neutralité climat permettant d’enrayer le réchauffement planétaire, nos sociétés doivent opérer deux transformations majeures (chapitre 2) : rationner drastiquement les biens dont la production repose sur l’usage des énergies fossiles ; protéger le vivant en réinvestissant dans sa diversité.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

[🇫🇷] FLM Debate Laurence Scialom, June 21st 2024
2024-06-21 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Presentation in french
Speaker: Laurence Scialom, Professor at Paris-Nanterre University, CEC Associate Researcher
Title: Greening of central banking and banking regulations
Abstract: A presentation on a coherent set of papers and book chapters, all centered on the greening of the central bank and banking regulations but addressing these themes from different angles.
« Les banques centrales au défi de la transition écologique : Éloge de la plasticité », Revue économique, Vol. 73, 2, p. 219 242, 2022. « La responsabilité sociétale des banques centrales », Revue d’économie financière, N° 144, 4, p. 215 226, 2022. « Better safe than sorry: Macroprudential policy, Covid 19 and climate change », co-écrit avec G. Le Quang, International Economics, 172, p. 403 413, 2022 « Un passé dépassé ? l’indépendance des banques centrales au XXIème siècle » co-écrit avec J Deyris G et G Le Quang, en révision mineure, Revue Française de socio-économie Chapitre 35 “Climat et banque centrale : vers un nouveau régime de Central Banking », publié dans « Théorie de la Régulation : l’État des savoirs » septembre 2023 The Finance-Climate Nexus, chapter 12. In: Lagoarde-Segot, T. (eds) Ecological Money and Finance. Palgrave Macmillan, Cham., 2023 https://doi.org/10.1007/978-3-031-14232-1_12 Cet ouvrage a reçu le Financial Times Responsible Business Education Award 2024 https://www.ft.com/content/aade432c-5fe7-4d1f-bf98-c2914682f653

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

FLM Research Zied Ftiti, September 20th 2024
2024-09-20 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Zied Ftiti,Associate Dean of Research and the Head of the Research Center (OCRE), professor of Economics and Finance at EDC Paris Business School.
Title: Perceived Climate Risk And Stock Prices: An Empirical Analysis Of Pricing Effects
Abstract: Increasing awareness of climate change and its potential consequences on financial markets has led to interest in the impact of climate risk on stock returns and portfolio composition, but few studies have focused on perceived climate risk pricing. This study is the first to introduce perceived climate risk as an additional factor in asset pricing models. The perceived climate risk is measured based on the climate change sentiment of Twitter dataset with 16 million unique tweets in the years 2010–2019. One of the main advantages of our proxy is that it allows us to capture both physical and transition climate risks. Our results show that perceived climate risk is priced into S&P 500 Index stock returns and is robust when different asset-pricing models are used. Our findings have implications for market participants, as understanding the relationship between perceived climate risk and asset prices is crucial for investors seeking to navigate the financial implications of climate change, and for policymakers aiming to promote sustainable financing and mitigate the potential damaging effects of climate risk on financial markets, and a pricing model that accurately incorporates perceived climate risk can facilitate this understanding.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

Thursday, October 10th – CEC Annual Day – Transition & Sustainability : Crossed Perspectives
2024-10-10 10:00 - 15:30 (Europe/Paris) | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
Our Annual Conference Transition & Sustainability: Crossed Perspectives will feature renowned speakers from Columbia University, including Scott Barrett, a specialist in global challenges, and Geoffrey Heal, an expert in resource and environmental economics.
In the afternoon, Mrs. Emmanuelle Wargon, President of the French Energy Regulator, will lead a roundtable discussion on the transition to a low-carbon economy, with contributions from several distinguished professionals.
Additionally, 15 PhD students from the Climate Economics Chair will showcase their research in poster format throughout the day.
Thursday, October 10th, Paris Dauphine-PSL University, Room Raymond Aron
PROGRAM
REGISTRATION free but mandatory
SESSIONS POSTERS:
• Julien Ancel : Demand response with dynamic vs flat power tariffs
• Marie Raude : Trading profiles in the EU ETS
• Francesco Savazzi : Local policymakers & climate adaptation
• Edith Kouakou : Farmers’ willingness to engage in carbon farming
• Ange Blanchard : Advanced nuclear investment and Capability CfDs
• Tom Bry-Chevalier : Potential of meat alternatives for sustainable food systems
• Lou Wander : Investor preferences in the energy sector
• Ibrahim Kabore : Weather shocks & labor supply in South Africa
• Marie Bruguet : Weather effects in France’s energy consumption
• Coline Metta-Versmessen : New EU emissions trading system
• Jules Welgryn & Louis Soumoy : Risk-averse industrial decarbonisation
• Zélie Gankon : Compliance in fishing regulations
• Tara L’Horty : Willingness to claim voluntary carbon offsets
• Yujun Huang : Biodiversity risk & firm performance

[🇫🇷] Colloque – Réglementation des déchets dangereux : entre simplification et régression
2024-11-07 09:00 - 17:00 (Europe/Paris) | Fondation Maison du Maroc – Cité Internationale Universitaire de Paris, 1 boulevard Jourdan, Paris, 75014, France
Programme
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FLM Research Stéphane Goutte, November 15th, 2024
2024-11-15 12:30 - 14:00 (Europe/Paris) | Chaire Economie du Climat, Palais Brongniart 28 Place de la Bourse, Paris, 75002
Speaker: Stéphane Goutte, UMI Source, Paris-Saclay University, UVSQ, IRD, France
Title: Optimizing Investment under Risk Aversion: A Focus on Climate Risk
Abstract : Climate change presents challenges to policy and economic stability, necessitating effective trading strategies to reduce environmental risks. This article addresses gaps in existing studies by using a Markov-switching model to consider climate risk. Backward stochastic differential equations are used to optimize utility with three hedging strategies based on the concept of risk aversion. Numerical scenarios confirm the model’s superiority in incorporating exogenous events, with our risk-averse strategy outperforming classical approaches. Our strategy outperforms classical strategies by taking a flexible risk trading when investors face risk-averse behavior due to climate risk events. The findings presented in this article have important implications for the development of more resilient investment portfolios and can contribute to climate policy.

Practical informations : Our Friday Lunch Meeting will take place from 12.30 to 2.00 pm

FLMs are held in a face-to-face format in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.
Please note that places are limited, so registration is compulsory.
To participate we invite you to register here
To receive invitations to the FLM, present your works or unsubscribe from the mailing list, do not hesitate to contact this address: flm@ChaireEconomieduClimat.org

International Symposium on Climate, Finance, and Sustainability (ISCFS-2024)
2024-11-21 09:00 - 2024-11-22 18:00 (Europe/Paris) | Université Paris Dauphine – PSL, Place du Maréchal Lattre de Tassigny, Paris, Sélectionner un État :, 75016, France
Climate change, resource depletion, technological disruption, and social inequalities are all pressing issues. How we have approached these problems may no longer be sufficient. The urgency of climate action, the need for sustainable development, and the critical role of finance in achieving both are unprecedented challenges. New situations call for new ways of thinking to mitigate climate change through financial solutions and sustainable investments and adapt to its impacts by building resilience and securing financial resources.
Given these perspectives and imperatives, we are pleased to announce the 2024 International Symposium on Climate, Finance, and Sustainability (ISCFS-2024). Jointly organized by AVSE Global, EMLV Business School, and Paris Dauphine University – PSL (Climate Economics Chair), in partnership with the Department of Land Economy at the University of Cambridge and the UMI SOURCE at the University of Paris-Saclay, the Symposium aims to bring together a global community of leaders, experts, and innovators to address the above-mentioned interconnected issues. It also intends to be a focal point for new thoughts, developments, and challenges interrelating climate, finance, and sustainability.
The Symposium will take place IN-PERSON on 21-22 November 2024 at Paris Dauphine University, Paris, France.
Registration information & form
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