Macroeconomic Effects of a Low-Carbon Transition: Workshop on Modeling Challenges and Approaches (Invite-Only)

This workshop is by invitation only. If you have not received an invitation but would like to attend, please contact [email protected].

USEA, in cooperation with the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management welcomes you to a technical workshop to discuss issues arising from the macroeconomic modeling of a decarbonized future energy system. 

The level of interest from the energy sector, policymakers and the public on reducing greenhouse gas (GHG) emissions from the economy to very low levels (a.k.a., deep decarbonization) has been increasing. Significant policy actions to reduce GHG emissions have been taken at the U.S. national level by the passage of the Bipartisan Infrastructure Law and the Inflation Reduction Act. Further actions to reduce economywide GHG emissions are under discussion and consideration by policymakers and industry. Modeling future economic activity under potential new policy actions to reduce GHG emissions has become harder as these actions introduce structural changes to the economy.

The purpose of this event is to learn from the collective experiences of the broader modeling community about methods and techniques for representing the macroeconomics of deep decarbonization.  Through this exchange of ideas, the goal is to understand those aspects of deep decarbonization that may be most difficult to model and potential approaches for addressing those challenges.  The workshop will consist of a mix of short presentations/panels and round-table discussions.

Topics for discussion include, but are not limited to, the macroeconomic effects of large-scale energy infrastructure investments to facilitate deep decarbonization, consumer and distributional effects, regional considerations, and potential fiscal and taxation policy changes.