Within the big picture of carbon reduction, many universities are looking for the opportunity to offset emissions in order to reach carbon neutrality in an increasingly aggressive time frame, often to supplement longer term investments in greener infrastructure. This webcast will feature a new approach to offsetting that effectively takes action on climate change quickly while minimizing the challenges and uncertainty that come with traditional voluntary offset programs.
Learn about this new approach, from Climate Vault founder and economist Dr. Michael Greenstone at the University of Chicago, and Eric Kopstain, Vice Chancellor of Administration at Vanderbilt, an early adopter who successfully implemented the new model, in addition to other large efforts and innovations, in order to meet their carbon neutrality goals 30 years ahead of schedule.
Eric will expand on how Vanderbilt built their overall climate plan, achieved consensus, implemented the additional solution and communicated to constituents.
Michael was also principally involved in developing the social cost of carbon as Chief Economist for President Obama’s Council of Economic Advisers, so the discussion will include an examination of why it is vital to avoid these social costs, and how using cap-and-trade markets can mitigate these costs while also achieving carbon neutrality objectives. For a preview of the Climate Vault Vanderbilt collaboration, please visit: https://news.vanderbilt.edu/2021/05/24/vanderbilt-announces-new-collaboration-to-accelerate-efforts-to-address-its-carbon-footprint-and-tackle-climate-change/