Carbon pricing policies are prominent among federal-, state-, and provincial-level strategies for reducing emissions in North America. Such strategies are evolving at a rapid pace, and discussions are evolving around opportunities for cross-border collaboration on pricing. At this RFF seminar, experts provided the latest updates on carbon pricing developments in the three nations:
- Canada, where provinces have led but the federal government is seeking to develop its own policy;
- Mexico, where a carbon tax has been in place since 2014 but an emissions trading system has recently been announced; and
- the United States, where carbon markets exist in a few states (such as California), where more markets might emerge under the Clean Power Plan, and where a federal carbon tax continues to be debated.