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A Sustainable Energy Trade Agreement

Symposium cosponsored by the Peterson Institute for International Economics, the International Centre for Trade and Sustainable Development, and the Global Green Growth Institute

Richard Samans, Global Green Growth Institute
Ricardo Melendez-Ortiz, International Centre for Trade and Sustainable Development
Ethan Zindler, Bloomberg New Energy Finance
Gary Clyde Hufbauer, Peterson Institute for International Economics
James Bacchus, Greenberg Traurig LLP
Timothy J. Richards, GE Energy

Peterson Institute for International Economics, Washington, DC

November 7, 2011


The Peterson Institute held a symposium on "A Sustainable Energy Trade Agreement," November 7, 2011, cosponsored with the International Centre for Trade and Sustainable Development (ICTSD) and the Global Green Growth Institute (GGGI). Their proposal for a sustainable energy trade agreement (SETA) offers a promising new way to mobilize the trading system to mitigate the effects of climate change, an urgent challenge in light of the impasse over the Doha Development Round. The symposium explored some exciting new avenues for trade and the global environment in the post-Doha world.

C. Fred Bergsten, director of the Peterson Institute; Richard Samans, executive director of GGGI; and Ricardo Melendez-Ortiz, CEO of ICTSD, led off the symposium. Mr. Melendez-Ortiz then presented his concept paper; "Facilitating Climate Change Mitigation." Ethan Zindler, Bloomberg New Energy Finance, summarized the world energy outlook, and PIIE Senior Fellow Gary Clyde Hufbauer presented findings on tariff barriers that limit trade in renewable energy products. A panel of distinguished speakers explored issues in wind and solar energy, biofuels and ethanol, and the role of Brazil, India, China, and South Africa. Afternoon sessions focused on the prospective relation of SETA to the World Trade Organization and existing regional and bilateral free trade agreements, and considered next steps.

Audio

Introductions
C. Fred Bergsten, Peterson Institute for International Economics
Richard Samans, Global Green Growth Institute
Ricardo Melendez-Ortiz, International Centre for Trade and Sustainable Development


World Energy Outlook
Ethan Zindler, Bloomberg New Energy Finance


Concept Paper
Ricardo Melendez-Ortiz, International Centre for Trade and Sustainable Development


Trade and Tariffs
Gary Hufbauer, Peterson Institute for International Economics


Q and A Session


Panel: Sector Issues and BICS (Brazil, India, China, South Africa)
Wind Energy: Peter C. Brun, Vestas
Solar: Shayle Kann, GTM Research
Biofuels and Ethanol: Amy Porges, Law Offices of Amelia Porges PLLC
Interest of the BICS: Paulo Sotero, Woodrow Wilson International Center for Scholars


Keynote Address
James Bacchus, Greenberg Traurig LLP


New SETA Issues: Services - Government Procurement - Standards
Timothy J. Richards, GE Energy


Overview and Next Steps


Event Materials


Agenda

Introduction C. Fred Bergsten, Peterson Institute for International Economics

Richard Samans, Global Green Growth Institute (GGGI)

Ricardo Melendez-Ortiz, International Centre for Trade and Sustainable Development (ICSTD)
World Energy Outlook Ethan Zindler, Bloomberg New Energy Finance
Concept Paper Ricardo Melendez-Ortiz, International Centre for Trade and Sustainable Development (ICSTD)
Trade and Tariffs Gary Clyde Hufbauer, Peterson Institute for International Economics
presentation [pdf]


Panel: Sector Issues and Brazil, India, China, and South Africa (BICS)
Wind Energy Peter C. Brun, Vestas
presentation [pdf, 1.6 MB]
Solar Energy Shayle Kann, GTM Research
presentation [pdf, 1.4 MB]
Biofuels and Ethanol Amy Porges, Law Offices of Amelia Porges PLLC
presentation [pdf]
Interest of the BICS Paulo Sotero, Woodrow Wilson International Center for Scholars


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Keynote address Compatibility of SETA, WTO, and FTAs

James Bacchus, Greenberg Traurig LLP


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New SETA Issues: Services - Government Procurement – Standards
  Timothy J. Richards, GE Energy
presentation [pdf, 5.8 MB]


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Overview and Next Step Richard Samans, Global Green Growth Institute (GGGI)


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