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Leveling the Carbon Playing Field: International Competition and US Climate Policy Design - Softcover

 
9780881324204: Leveling the Carbon Playing Field: International Competition and US Climate Policy Design
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As the US Congress takes up domestic climate legislation and the administration reengages in multilateral climate negotiations, policymakers are particularly concerned about the effect of climate policy on US carbon-intensive manufacturing industries such as iron and steel, cement, paper, and chemicals. Many of these industries are already facing considerable foreign competition, particularly from large emerging economies such as China, India, and Brazil that are not bound to reduce emissions under the current international climate framework. The question for US policymakers drafting climate policy today is how to level the playing field for US carbon-intensive industries during a period of uncertainty about the shape of the multilateral framework to come.Options for addressing competitiveness and 'emissions leakage' - migration of US industrial emissions to other parts of the world - in US climate policy fall into three categories: reducing the cost of compliance for domestic producers, imposing similar costs on foreign producers indirectly through an adjustment at the border, and encouraging foreign countries to impose similar costs on their industries directly. This book evaluates these options in terms of the degree to which they create a level playing field for US industry, their effectiveness in guarding against emissions leakage, their impact on the cost of emissions reductions to the US economy, and the extent to which they would hurt or support efforts for constructive engagement with other nations.

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Review:
A scholarly and educated examination of the oil industry and how American policy affects both the oil trade and related environmental issues. Packed with smart ideas and advice...--Midwest Book Review
About the Author:
Trevor Houser, visiting fellow at the Peterson Institute for International Economics during 2009-15, is partner at the Rhodium Group, where he leads the firm's energy and natural resources practice. He also codirects the Climate Impact Lab, a collaboration of leading research institutions combining climate, economic, and data science to quantify the risks climate change presents. During 2009, he served as senior advisor to the US State Department, where he worked on a broad range of international energy and environmental policy issues.

Rob Bradley is director of the International Climate Policy Institute Initiative at the World Resources Institute (WRI). He has published research on international climate agreements, emissions trading, biofuels, rural electrification, adaptation, forests and climate and developing country policies. Before joining WRI, he worked on European and international climate and energy policy and was a member of the working group to design the EU Emissions Trading Scheme.

Britt Childs is a research analyst with the international climate policy team at the World Resources Institute.

Jacob Werksman is an international lawyer specializing in environmental and economic law, and directs the Institutions an dGovernance Program at WRI. He served as associate director inthe Global Inclusion Program of the Reckefeller Foundation. From 2002 to 2004, he was environmental institutions and and governance adviser to the United Nations Development Programme in New York.

Robert Heolmayr is a research assistant at WRI. His work focuses on federal climate change policy and corporate deployent of renewable energy. As part of the Green Power Market Development Group, he draws on his experience in the private sector to develop innovative green power products and strategies for corporate consumers.

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