Prof. Billy Pizer, associate dean of Sanford School of Public Policy, and professor of Environmental Science and Policy of Duke University and Duke Kunshan University, expert on quantitative environmental policy, visited School of Environment, Nanjing Normal University, for the academic speech on price limits in a tradable performance standard and the introduction to the environmental policy master program of Duke Kunshan University.
The presentation began at 3:30 pm in the 601 lecture hall of Xuexing Building. The event attracted more than 100 students and faculties. For the first part, Prof. Pizer introduced the environmental policy master program of Duke Kunshan University which initiated since 2017, referring to the core idea of program design, curriculum program, recruitment plan, financial resources and update in management for the coming academic year of 2018. Ms. Xue QIU, as his assistant in China, demonstrated the excellent living conditions and campus cultures of Duke Kunshan University.
For the second part, Prof. Pizer gave the academic speech entitled "Price Limits in a Tradable Performance Standard", which focused on the theory and practice in price management of natural resources. The speech started from the classical Weitzman theory for the relationship between price and quantity, summarized the practices of emission trade scheme of EU and CA of the U.S., focused on the feebate, the price-equivalent of tradable performance standards with the consideration of uncertainty. The splendid speech sparked a wide discussion in participants on the challenge of water and energy resources in China, and on the environmental policy interact with the U.S. The communication came to the end in warm applauses.
Dr. Pizer's holds a PhD and MA in economics from Harvard University and BS in physics from the University of North Carolina at Chapel Hill. His academic experience includes visiting professorships at The Johns Hopkins University (1997-1999) and Stanford University (2000-2001). From 2008 to 2011, Pizer was deputy assistant secretary for environment and energy in the U.S. Department of the Treasury, where he created and led a new office responsible for the department’s role in the domestic and international environment and energy agenda of the United States. Prior to that, Pizer was a researcher at Resources for the Future (RFF), a nonpartisan think tank, for more than a decade. He served as senior economist for the environment at the White House Council of Economic Advisers from 2001 to 2002.