Decarbonization Policy and International Competitiveness
An event—featuring Senator Sheldon Whitehouse (D-RI) and a panel of experts—breaking down new proposals for border carbon adjustments and the future of decarbonization and trade
Economic competitiveness and decarbonization are top priorities for industry and government. The biggest areas of focus for policymakers are the highly competitive industrial sectors including steel, aluminum, cement, and chemicals. The introduction of new low- and zero-carbon production technologies, driven by government policies, may help these industries decarbonize faster. However, given that these products are exchanged on highly competitive international markets, there is concern that domestic decarbonization policies could result in production shifting to nations with weaker environmental policies.
On June 8, 2022, Resources for the Future (RFF) hosted an RFF Live event breaking down recent developments in decarbonization and industrial competitiveness. First, RFF President and CEO Richard G. Newell sat down down with Senator Sheldon Whitehouse to discuss his new bill, the Clean Competition Act, which aims to address emissions and competitiveness. We then moved to a panel of experts on international trade and decarbonization to examine proposals aimed at reducing industrial emissions while keeping US industry competitive on the world stage.
- Sheldon Whitehouse (D-RI), United States Senate
- Richard G. Newell, Resources for the Future
- Virgilio Barrera, Holcim US
- Anna Fendley, United Steelworkers
- Jennifer Hillman, Georgetown Law Center
- Ray Kopp, Resources for the Future
- Kevin Rennert, Resources for the Future (Moderator)
Richard G. Newell
President and CEO, Resources for the Future
Dr. Richard G. Newell is the President and CEO of Resources for the Future. From 2009 to 2011, he served as the administrator of the US Energy Information Administration, the agency responsible for official US government energy statistics and analysis.
Director of Government & Public Affairs, Holcim US
Raymond J. Kopp
Raymond J. Kopp is a senior fellow and the director of the Comprehensive Climate Strategies program at RFF. During his career Kopp has specialized in the analysis of environmental and natural resource issues with a focus on Federal regulatory activity.
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Issue Brief — Nov 21, 2022
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