The Danish Economic Councils The Danish Economic Councils consist of the Danish Economic PROGRAM Council and the Danish Environmental Economic Council.

The chairmen – the “Economic Wise Men” The Secretariat of The Danish Environmental The Danish Economic Councils are chaired by four independent economists. The Chairmanship is assisted by a secretariat consist- Economic Council Conference ing of approx. 35 employees. 26 - 27 August 2021 The Danish Environmental Council The Danish Environmental Economic Council was established on July 1 st , 2007. The purpose of the council is to shed light on the inter- Kurhotel Skodsborg action between the economy and the environment as well as the efficiency of the Danish environmental policy. Keynote presentations by Aside from the chairmen, members of the Danish Environmental Professor David Popp Economic Council include representatives of the labour market, the Professor Stephen Polasky government, special interest groups and academic experts. There are 24 members of the Danish Environmental Council in total. Evening speaker Bio -ethicist Mickey Gjerris

The Secretariat of the Danish Economic Councils Telephone +45 5151 2800 e-mail: [email protected] 14:55 - 15:25 Coffee break in Seabreeze Conference of the Danish Environmental Economic Council 2021 Salonen The conference of the Danish Environmental Economic Council is an annual event which provides a forum for discussion of environmental economics and environmental policy in . This year’s conference 15:25 -16:25 Keynote session by Professor David Popp , Syracuse University, US (present online)

- takes place on 26 27 August at Kurhotel Skodsborg. 16:25 -17:10 Professor Lars Gårn Hansen chairs the following discussion

Target Audience Closure of the conference first day by Professor Lars Gårn Hansen Researchers, students, government employees, consultants and NGOs . Welcome drink, dinner and evening talk Practical Information 17:30 - 18:00 Welcome drink at The Rooftop The conference venue:

Kurhotel Skodsborg, Skodsborg Strandvej 139, 2942 Skodsborg. 18:00 Conference dinner in restaurant The View The hotel is 25 km north of Copenhagen. 19:30 Evening talk by bio -ethicist Mickey Gjerris , University of Copenhagen

Chatham house rule Program day 2 Salonen Energize In order to increase openness of discussion, the conference is held under the Chatham house rule (you are allowed to refer from debates, but not to quote individuals). 8:30 - 9:00 Registration and light breakfast in Seabreeze

2nd session THEME : Optimal climate strategy THEME: Wind, water and flooding Chair : Peter Birch Sørensen Chair : Søren Boye Olsen Program day 1 Salonen - 9:00 - 9:30 Registration and light breakfast in Seabreeze 9:00 9:25 Optimal Unilateral climate policy with carbon Perceived flood risk and its effect on house prices leakage at the extensive and the intensive (Marie Lautrup)

9:30 - 9:40 Welcome by Professor Carl -Johan Dalgaard , Chairman of the Danish Economic Councils margin (Peter Birch Sørensen) - - 9:25 - 9:50 Dansk klimapolitik frem mod 2030 The social effect of costal flooding 9:40 10:25 Speech by Executive Vice president, European Commission and Commissioner for Competition (Niels Christian Fredslund) (Lasse Læbo Matthiesen) 9:50 - 10:15 Strategic interaction in climate policy What is it worth? Discounting job creation in nearshore 10:25 - 12:00 Panel debate: Instruments and goals in the EU’s and Denmark’s climate policy (Cecilie Marie Løchte Jørgensen) wind power development - insights from five nearshore development locations (Jacob Ladenburg) Presentation of the panel debate and participants by Director of the secretariat of the Danish Economic Councils John Smidt 10:15 - 10:40 The problem with emission taxes in a small A meta -analysis regression of water quality valuation in open economy the Nordic countries: A new tool for applied benefit Participants : (Cecilie Marie Løchte Jørgensen) function transfer (Søren Boye Olsen) Connie Hedegaard, chair of the board Concito, member of Danfoss board etc.

Jens Joel, Member of The Danish Parliament, The Social Democratic Party 10:40 - 11:10 Coffee break in Seabreeze Lars Gårn Hansen, professor KU and member of the Chairmanship of the Danish Economic Councils Linea Søgaard -Lidell, Member of The European Parliament, 3rd session THEME: Green Reform THEME : Climate taxes, trade and agriculture Moderator: John Smidt Chair : Jens Sand Kirk Chair : Mikael Skou Andersen

12:00 - 13:15 Lunch in restaurant The View 11:10 - 11:35 Presentation of the GreenREFORM Model Carbon sequestration in a dynamically cost -effective EU (Peter Stephensen) climate policy (Katarina Elofsson) Salonen Energize 11:35 - 12:00 Overcoming The Big Mac Challenge: Integrat- Climate mitigation co -benefits from sustainable nutrient 1st session THEME : Transport and the green transition THEME: Goals and environment ing Technological Marginal Abatement Cost management in agriculture - incentives and opportuni- Curves in Economic Models (Rasmus K. Berg, ties (Mikael Skou Andersen) Chair : Jeppe Rich Chair : Brian Jacobsen Jonathan Leisner & August T. Nielsen) 13:15 - 13:40 Demand for plug -in electric vehicles across Our goals. Danish indicators for a sustainable future 12:00 -12:25 Preliminary model results (Jens Sand Kirk) Estimating emissions offset from Danish wind energy segments in the future vehicle market (Majbritt Skov og Mette Dalsgaard) production (Simon Ravnsbæk Bruun) (Anders Fjendbo Jensen) 12:25 - 13:40 Lunch in restaurant The View 13:40 - 14:05 On the cost -benefit of a state -road charging A welfare economic assessment of biodiversity offset- - system (Jeppe Rich) ting applying a cost benefit methodology (Jesper Søl- Salonen ver Schou) - - 14:05 14:30 Valuation of the negative effects of highways Cost benefit analysis of restoration of hydrological 13:40 - 14:40 Keynote session by Professor Stephen Polasky , University of Minnesota, US (present online) on biodiversity and outdoor recreational activi- processes at Store Blåkilde and Villestrup Å (Jesper ties in Denmark (Mohammed Hussen Alemo) Sølver Schou) - 14:30 - 14:55 Rumble in the jungle? Economists and philoso- Costs of regulating ammonia emissions from livestock 14:40 15:35 Professor Lars Gårn Hansen chairs the following discussion. phers on social discounting (Frikk Nesje) farms near Natura 2000 areas - analysis of case farms from Germany, Netherlands and Denmark 15:35 - 15:45 Closure of the conference and goodbye by Professor Lars Gårn Hansen (Brian Jacobsen) 15:45 - Coffee and departure