Carbon Pricing
Economists around the world consider carbon pricing the most economically efficient climate policy option. RFF experts are informing the design and examining the impacts of carbon pricing to help leaders better understand the fiscal and environmental costs and benefits.
Highlights
Topics
Featured Content
- Highlights
- Publications
- Events
- Editorial
- News
Issue Brief — Jun 16, 2025
Transforming Cap and Trade: Aligning Pollution Markets with Public Health Goals
This issue brief explores the benefits of a multipollutant cap-and-trade program in improving air quality, public health, and regulatory effectiveness.
Media Highlight — Jun 5, 2025
The Economist: “California’s Carbon Market Reaches an Inflection Point”
An article about California’s cap-and-trade program mentions research conducted by a team at RFF.
Media Highlight — May 13, 2025
ClimateBrief: “California Cap-and-Trade: Legislation, New Regulations, and a Deal with Washington State Are All on the Table”
RFF Research Associate Nicholas Roy discusses his recent research on California’s cap-and-trade program.
Media Highlight — May 7, 2025
Bloomberg: “Natural Gas Morphs From Being a ‘Bridge’ to Becoming the Destination”
A working paper from RFF Gilbert White Fellow Justin Kakeau is mentioned in the Energy Daily newsletter.
Issue Brief — Jun 16, 2025
Transforming Cap and Trade: Aligning Pollution Markets with Public Health Goals
This issue brief explores the benefits of a multipollutant cap-and-trade program in improving air quality, public health, and regulatory effectiveness.
Working Paper — May 5, 2025
Statistical Properties of Social Discount Rate Paths in a Heterogeneous Dynamic Stochastic Model
The paper explores differences and changes in discount rates and the statistical patterns of social discounting, including both social discount factors and rates.
Working Paper — Apr 23, 2025
Multipollutant Cap-and-Trade Systems with Heterogeneous Firms: An Optimal Transport Approach
This paper proposes a multipollutant cap-and-trade system that accounts for emission interactions to reduce pollution and protect public health.
Issue Brief — Jan 27, 2025
Harnessing Carbon Value to Lower Costs in California
This issue brief examines how a small reform to the California carbon market could improve affordability by delivering billions of dollars to harden infrastructure, advance climate goals, and improve affordability in California.
Webinar — Jul 6, 2023
Learning Sessions to Inform New York's Development of an Economy-Wide Cap-and-Invest Program
A webinar series by the Georgetown Climate Center, Columbia University's Sabin Center for Climate Change Law, and Resources for the Future.
RFF Live — Mar 10, 2022
The Future of Carbon Pricing: Policy in Action
A review of trends and trajectories in carbon pricing around the world
Advanced Energy Technologies Series — Jul 30, 2021
Clean Energy Innovation: How Beneficial is Government Funding?
Clean Energy Innovation: How Beneficial is Government Funding?
Policy Leadership Series — May 11, 2021
Policy Leadership Series with United Airlines CEO Scott Kirby
A conversation with United Airlines CEO Scott Kirby on the airline's decarbonization strategy and the future of the industry
Resources Radio — Mar 18, 2025
The End of Canada’s Carbon Price?, with Aaron Cosbey
Aaron Cosbey discusses possible directions for climate policy in Canada as the country gears up to elect a new government.
Common Resources — Mar 12, 2025
The Future of a Cap-Trade-and-Invest Program in New York State
The governor of New York State has delayed efforts to implement a cap-trade-and-invest program that would limit greenhouse gas emissions. What are the consequences of this delay, and what’s next for climate policy in the state?
In Focus — Oct 10, 2024
In Focus: Addressing the Cost of Greenhouse Gas Emissions
This video shares insights about a climate policy known as carbon pricing, along with real-world examples of carbon pricing, with RFF Fellow Marc Hafstead.
Resources Magazine Articles — Oct 7, 2024
Elections Matter. So Does Policy Research.
As the presidential election nears, and regardless of outcome, researchers at Resources for the Future continue to pursue work that will inspire interest, bipartisan coalitions, and progress on policy issues, given the political resilience of the topics.
Media Highlight — Jun 5, 2025
The Economist: “California’s Carbon Market Reaches an Inflection Point”
An article about California’s cap-and-trade program mentions research conducted by a team at RFF.
Media Highlight — May 13, 2025
ClimateBrief: “California Cap-and-Trade: Legislation, New Regulations, and a Deal with Washington State Are All on the Table”
RFF Research Associate Nicholas Roy discusses his recent research on California’s cap-and-trade program.
Media Highlight — May 7, 2025
Bloomberg: “Natural Gas Morphs From Being a ‘Bridge’ to Becoming the Destination”
A working paper from RFF Gilbert White Fellow Justin Kakeau is mentioned in the Energy Daily newsletter.
Media Highlight — Apr 23, 2025
E&E News: “Brazil Prepares to Launch South America's First Carbon Market”
RFF Fellow Milan Elkerbout is quoted on the positive international implications of Brazil’s new carbon market.
