Although regulated entities in California will be able to use carbon offsets to meet only eight percent of their compliance obligation under cap-and-trade, many observers are concerned that offsets will be in short supply, especially after 2014. Amid these concerns, there is much speculation around possible domestic project types that California and WCI may add to their programs to boost supply. This session will examine the prospects for including additional offset types in the California and WCI programs and their potential for addressing supply concerns.
Michael Lazarus is a Senior Scientist at the Seattle office of the Stockholm Environment Institute (SEI). For over 25 years, Michael has worked at the intersection of energy and climate policy. He has published and spoken extensively on climate mitigation plans and analysis, and on carbon markets and offsets. He has worked throughout North America, Africa, Asia, Latin America, and Europe with support from government agencies, development banks, foundations, utilities, and non-profit groups.
Michael has been an advisor to the Western Climate Institute, advisor to the Chinese Economist 50 Forum’s initiative on the Economics of Climate Change Initiative, and from 2002 to 2007, a member of the Methodology Panel of the Clean Development Mechanism.
Michael is Adjunct Faculty at the Evans School of Public Administration at University of Washington. He holds an M.S. in Energy and Resources from the University of California, Berkeley in 1984.