Leveling the Carbon Playing Field: International Competition and US Climate Policy Design (Google eBook)
Peterson Institute, 2008 - Business & Economics - 95 pages
As Congress takes up 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 The question for 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 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 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 and other factors.
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Page 1 - December 1997. or thereafter, which would- (A) mandate new commitments to limit or reduce greenhouse gas emissions for the Annex I Parties, unless the protocol or other agreement also mandates new specific scheduled commitments to limit or reduce greenhouse gas emissions for Developing Country Parties within the same compliance period...
Page 1 - Parties and Developing Countries and the level of required emission reductions, could result in serious harm to the United States economy, including significant job loss, trade disadvantages, increased energy and consumer costs.
Page xi - The Peter G. Peterson Institute for International Economics is a private, nonprofit institution for the study and discussion of international economic policy. Its purpose is to analyze important issues in that area and to develop and communicate practical new approaches for dealing with them. The Institute is completely nonpartisan. The Institute is funded by a highly diversified group of philanthropic foundations, private corporations, and interested individuals. About 30 percent of the Institute's...