The Economist: "Carbon Markets Are Going Global"
Senior Fellow Dallas Burtraw is quoted in a piece about carbon pricing, carbon markets, and the effects that they could have on international relations.
Many schemes, however, fall short on both counts. The reason is obvious: a well-functioning emissions-trading system demands political courage... How ambitious carbon markets are is “an expression of political will”, says Dallas Burtraw, who chairs the independent committee overseeing California’s trading scheme...
Some American lawmakers are also starting to look again at carbon pricing, if only because their country tends to be greener than many of its trade partners, and carbon border taxes could be a handy excuse for protectionist measures. The key to
building support for decarbonisation, says Mr Burtraw, is to “create winners”. In a country where China-bashing tends to be more popular than environmentalism, it will do no harm to the cause if points can be scored at the expense of an arch-rival."
Working Paper — Feb 22, 2024
China’s Nationwide CO2 Emissions Trading System: A General Equilibrium Assessment
This working paper offers a dynamic general equilibrium assessment of China's tradable performance standard for carbon dioxide emissions.
Common Resources — Jan 23, 2024
Bill That Would Help Track Emissions Associated with Traded Goods Receives Bipartisan Support
A new bill passed recently by a US Senate committee would require the federal government to study the greenhouse gas emissions associated with products from selected industries and US trade partners.
Testimony and Public Comments — Dec 19, 2023
Comments on the Joint California-Quebec Workshop: Potential Amendments to the Cap-and-Trade Regulation
RFF researchers submitted two comments to the California Air Resources Board in response to a cap-and-trade workshop held with the government of Quebec.
Report — Dec 6, 2023
Comparing the European Union Carbon Border Adjustment Mechanism, the Clean Competition Act, and the Foreign Pollution Fee Act
This report compares goals and designs of three border adjustment mechanisms: the European Union's Carbon Border Adjustment Mechanism, the Clean Competition Act, and the Foreign Pollution Fee Act.