CarbonSim: Play the Carbon Market

All Duke students are invited to join us for an interactive Emissions Trading System (ETS) simulation led by Duke alumnus Josh Margolis (T'81) using CarbonSim, the Environmental Defense Fund's carbon market simulation tool. This event will help students learn about the intricacies of carbon markets and gain valuable ETS experience in a risk-free, entertaining, and fast-paced learning environment. REGISTER: duke.is/carbonsim The simulation highlights choices, provides a framework for decisions, and serves as a platform for experiments in emissions trading scenarios. Each run of the simulation provides insights and lessons that illustrate the consequences of choices. Through the CarbonSim experience, players gain a working understanding of how they can use an ETS to achieve specific environmental and economic outcomes, develop a carbon portfolio management strategy, minimize liabilities, and capitalize on opportunities. They will also come to understand that choices made by both policymakers and industries are shaped by the design and administration of the ETS. CarbonSim is a multi-user, artificial intelligence-enhanced, state-of-the-art simulation tool. It can be played in four different languages and a half-dozen currencies. It can be used to both train stakeholders and run "what-if" ETS design scenarios. CarbonSim has been tested and improved with the help of more than 3500 players from China, Cambodia, Vietnam, Myanmar, Cambodia, the Philippines, Indonesia, Singapore, Laos, Thailand, Bangladesh, Korea, Mexico, the EU, and the United States. This event is cosponsored by the Nicholas Institute for Energy, Environment & Sustainability and the Duke University Office of Climate and Sustainability.