There has been a surge in interest in the relationship between international trade and climate policy since the implementation of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). The EU CBAM has occupied the center of discourse in climate …
Border carbon adjustments (BCAs) are a policy instrument intended to preserve the economic competitiveness of select heavy-emitting industries as countries accelerate their decarbonization efforts. The term border carbon adjustment is used to refer to the general form of this policy …
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 …
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 …
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 …
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 …
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 …