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 …
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 two carbon tax proposals introduced in the …
Publication
Reaching for 2030: Climate and Energy Policy Priorities
The need to address climate change remains urgent. Over the past 15 months, the U.S. Congress has passed meaningful legislation that has the potential to dramatically reduce emissions, and—importantly—allow the United States to lead in accelerating the global transition toward …
Publication
What does the COP26 Outcome on Article 6 Mean for Non-Party Stakeholders?
Article 6 of the Paris Agreement established a framework for countries to cooperate in achieving their climate commitments (nationally determined contributions, NDCs), using market mechanisms to enable greater ambition than they could achieve independently. The Paris Agreement implementing guidance finalized …
Publication
Carbon Border Adjustments: Considerations for Policymakers
Carbon border adjustments, also referred to as “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 …