Who's online

There are currently 0 users and 4 guests online.

Cap-and-Trade: Can it Work? With Rep. Peter DeFazio

Cap-and-trade system provides economic incentives to control pollution. Government sets a cap on greenhouse gas emissions and then issues program participants – companies and organizations who may or may not be polluters themselves – permits to pollute up to a certain amount. Companies that exceed their cap can then purchase, i.e. “trade,” credits from those who pollute less. On June 19, City Club welcomes Congressman Peter DeFazio who will discuss his concerns with proposals for a national cap-and-trade system.

Though a supporter of regulating greenhouse gas emissions DeFazio is a critic of market-based approaches, pointing to problems with energy deregulation in the Pacific Northwest, weaknesses in Europe’s cap-and-trade system and the collapse of Wall Street as reasons to consider alternative methods for reducing emissions. He will also discuss progress on the upcoming highways authorization, a six-year federal highway and transit spending bill.

Congressman Peter DeFazio was first elected to the U.S. Congress in 1986 and represents Oregon’s 4th congressional district. DeFazio is a senior member of the House Transportation and Infrastructure Committee and also serves on the House Natural Resources Committee.

Purchase tickets at www.pdxcityclub.org or call 503-228-7231 x110.

Where: The Governor Hotel, 614 SW 11th Ave., Portland OR 97205

When: Doors open at 11:30 AM, Program begins at 12:15 PM and concludes at 1:15 PM

Transportation and parking: The Governor Hotel is accessible by bus, Portland Streetcar and MAX light rail. A SmartPark garage is located one block away from the Governor Hotel at 730 S.W. 10th Ave.

Cost: Luncheon tickets are $16 for City Club members and up to two guests, $20 for nonmembers. Limited coffee/tea table tickets are $5 and are available at the door on a first-come, first-served basis. General seating is free for members and $5 for nonmembers. A limited number of $5 coffee/tea tickets are available at the door on a first-come, first-served basis.

Reservations: Reservations required for lunches only; reservations close at 2 p.m. on the Wednesday prior to the event. Reservations for lunch are strongly encouraged. To reserve a lunch via telephone, individuals (members and non-members) should call our voice mail reservation line, 503-228-7231, ext. 110. A limited number of lunch tickets are generally available at the door. Luncheon tickets reserved after the 2:00 PM Wednesday deadline or purchased at the door will be subject to an additional $4 charge. General seating and coffee/tea tickets will be available at the door.

Sponsors: Friday Forums this quarter are sponsored by: NW Natural, Portland General Electric and Schwabe, Williamson & Wyatt.