New Paper, Blog on Oregon’s Cap-and-Trade Efforts
WASHINGTON—Oregon has long been recognized as one of the leaders among states regarding its commitment to curb the carbon emissions that contribute to climate challenges. In 2017, the political center of gravity in Oregon shifted away from a carbon tax solution toward an economy-wide cap-and-trade program, although both options remain under discussion.
A number of bills have been introduced in this year’s legislative session, with an eye toward passage in 2018—but the 2018 session is a mere six weeks long, leaving legislators scant time to hammer out the details of a complicated policy.
In a new blog post and issue brief, both posted today by Resources for the Future (RFF), research teams comprised of RFF Senior Fellows Joshua Linn and Dallas Burtraw, and Kristin Hayes, Program Director for Energy and Climate, provide insights on policy-design details that can help Oregon achieve its environmental and economic goals. Specifically, the new paper addresses challenges in controlling leakage, i.e., the concern that capping Oregon’s emissions would cause emissions outside the state to increase.
Read the blog post here: Cap-and-Trade Policy Potential in Oregon: Addressing Emissions Leakage by Joshua Linn and Kristin Hayes.
Read the issue brief here: Combating Emissions Leakage from Oregon’s Industrial Sector by Dallas Burtraw and Joshua Linn.
Resources for the Future (RFF) is an independent, nonprofit research institution in Washington, DC. Its mission is to improve environmental, energy, and natural resource decisions through impartial economic research and policy engagement. RFF is committed to being the most widely trusted source of research insights and policy solutions leading to a healthy environment and a thriving economy.
Unless otherwise stated, the views expressed here are those of the individual authors and may differ from those of other RFF experts, its officers, or its directors. RFF does not take positions on specific legislative proposals.
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