Market-Based Policies

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.

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Blog Post
WTO’s Trade and Environment Week signals new climate-trade policy momentum
Publication
G7 Leadership on Interoperable CBAMs: The US-EU TTC Negotiating Model

  G7 states and others are considering or implementing carbon border adjustment mechanisms (CBAMs), but the lack of interoperable or harmonized emissions monitoring, reporting, and verification (MRV) rules around which these countries can coordinate their national policies creates risks for …

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Blog Post
Growing interest to align climate and trade policy
Blog Post
Kinetic Coalition: A new approach to financing the clean energy transition
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U.S. State Carbon Pricing Policies

Compared to command-and-control regulations, carbon pricing is a market-based mechanism that creates financial incentives to reduce greenhouse gas (GHG) emissions. Thirteen states that are home to over a 30 percent of the U.S. population and account for more than 36 …

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Publication
Carbon Border Adjustment Provisions in the 118th Congress

Carbon border adjustment mechanisms (CBAM) are an emerging set of trade policy tools that aim to prevent carbon-intensive economic activity from moving out of jurisdictions with relatively stringent climate policies and into those with relatively less stringent policies. Border adjustments …

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Publication
Carbon Pricing Proposals in the 118th Congress

There are various market-based approaches to pricing carbon (e.g., carbon tax, cap and trade, clean energy standard). All of these approaches can reduce emissions cost-effectively while driving clean energy innovation. This factsheet compares three carbon tax proposals and two cap-and-invest …

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U.S. State Electricity Portfolio Standards

Twenty-five states and the District of Columbia require electric utilities to deliver a certain amount of electricity from renewable or other clean electricity sources. Eleven states have requirements or goals that have expired, have not been re-upped, or have been …

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Blog Post
In-value-chain credits: How a new twist could help companies meet climate targets and fill the finance gap
Carbon Border Adjustments