The adoption of the EU’s Carbon Border Adjustment Mechanism, attention has renewed focus on how a border adjustment might impact U.S. competitiveness, how a similar policy would fare in the United States, and how how the EU CBAM will impact global trade.
On both sides of Capitol Hill, there is budding interest in implementing taxes on carbon-intensive goods that enter the U.S., though Democrats and Republicans tend to be interested for different reasons. In the Senate, Louisiana Republican Bill Cassidy is writing a preliminary bill, expected in a few months, to place a fee on foreign products brought into the country that are made with more pollution than similar American products.
In this podcast, EcoRights Speaks interviews Pricing Carbon Initiative's, Dr. Danny Richter! Previously VP of Government Affairs at Citizens Climate Lobby, Richter made the move to PCI a few months ago and is working to break new ground as he did for years at CCL. Richter joins host Chelsea Henderson to talk about how PCI is bringing all sides together on climate solutions, their top-down approach and the challenge of getting an effective carbon pricing legislation with so many different political backgrounds. He also weighs in on the hottest carbon pricing topic right now - a carbon border adjustment mechanism.
C2ES and PCI came together for a fireside chat with Representative Scott Peters (D-CA), who in July 2021 introduced the FAIR Transition and Competition Act (H.R. 4534), which aims to impose a border carbon adjustment on imported goods.
Senator Sheldon Whitehouse (D-RI) joined us for a fireside chat on July 28th, 2021 to discuss the “Save our Future Act,” which he introduced last month along with Senator Brian Schatz (D-HI).
In this Deep Dive Webinar from Climate XChange, a group of climate advocates discuss the real-world implications of the Managing Climate Risk in the U.S. Financial System report.
In this Deep Dive Webinar, we paired with the Climate XChange to ask U.S. Congressman Sean Casten (IL-06) some questions about the future of climate policy at the national level.
OpEd by Steven Chu, 1/15/16. “Last month, 196 countries reached a landmark consensus agreement in Paris to reduce greenhouse gas emissions in order to slow global warming, agreeing to work toward capping a global temperature increase to 2 degrees Celsius…"
Editorial, 1/19/16. “Lawmakers who oppose taking action to lower greenhouse gas emissions by putting a price on carbon often argue that doing so would hurt businesses and consumers. But the energy policies adopted by some American states and Canadian provinces demonstrate that those arguments are simply unfounded.