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

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Peterson Institute, 2008 - Business & Economics - 95 pages
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As political momentum surrounding climate change builds in the US, policymakers are taking a fresh look at national climate policy and American involvement in multilateral climate negotiations. And as in years past, the potential economic impact of any US effort to reduce greenhouse gas emissions stands as a central question in the Washington policy debate. Of particular concern is the effect climate policy would have on carbon-intensive US manufacturing. Many of these industries are already under pressure from foreign competition, particularly large emerging economies like China, India, and Brazil that are not bound to reduce emissions under the current international climate framework. As the Congress takes up domestic climate legislation and the Administration reengages in multilateral climate negotiations, policymakers are looking for ways to avoid putting US industry at a competitive disadvantage vis-a-vis countries without similar climate policy, lest a decline in industrial emissions at home is simply replaced by increases in emissions abroad. - Publisher.

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Executive Summary
How Climate and Competitiveness Fit Together
Chapter Two Cost Containment Mechanisms
Chapter Three Trade Measures
Chapter Four Coordinated International Action
About the Authors

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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 xi - WRI's mission is to move human society to live in ways that protect Earth's environment and its capacity to provide for the needs and aspirations of current and future generations.
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...
Page 79 - Office of Integrated Analysis and Forecasting, Energy Information Administration, US Department of Energy Mr.

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About the author (2008)

Trevor Houser is a partner at Rhodium Group where he leads the Energy and Climate Practice division. He is also an adjunct professor at the City College of New York. His areas of research include energy markets, climate change, and the role emerging Asian nations play in both. He is the author of Leveling the Carbon Playing Field (2008) and a contributor to China's Rise: Challenges and Opportunities (2008).

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