Carbon Pricing

A growing number of jurisdictions are adopting market-based climate policies. By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.

Cap and Trade Basics
Market Mechanisms: Options for Climate Policy

Climate change poses a significant risk for a broad range of human and natural systems. Policies to reduce emissions are critical if we are to avoid the most costly damages associated with a rapidly changing climate. Compared to traditional command-and-control …

View Details Download (pdf, 298 KB)

State of World Carbon Pricing

View Details

Putting a Price on It: Global Leadership on Carbon Pricing
Status Update on RGGI and Lessons Learned on Cap and Trade
Pricing Externalities in Wholesale Power Markets
Carbon Tax Basics
Electricity Portfolio Standards
The Business of Pricing Carbon: How Companies are Preparing for Risks and Opportunities
Containing the Costs of Climate Policy

This policy brief outlines various options for containing costs under a cap-and-trade program to reduce greenhouse gas (GHG) emissions. Although cap and trade is generally considered a more cost-effective approach than traditional regulation, excessive allowance prices are a concern. High …

View Details Download (pdf, 274 KB)