Looking Ahead
The Council Discusses What Comes Next for U.S. Climate Policy By most accounts, the Inflation Reduction Act (IRA) is the most significant climate bill to ever pass the U.S. Congress. … Continued
Blog Articles
Assessing Impacts to U.S. Industry from the EU’s Proposed CBAM
We at the Council analyzed the impact of a European Union plan to charge certain carbon-intensive goods for the emissions released during their production. Though the plan is far from finalized and … Continued
Supreme Court Limits EPA’s Authority to Regulate Carbon Emissions
The Supreme Court’s ruling on Thursday limiting the Environmental Protection Agency’s power to regulate greenhouse gas emissions from power plants underscores the need for Congress to step in and pass … Continued
Does a BCA Require a Carbon Price?
Across continents and political aisles border carbon adjustments (BCAs) have been gaining increasing attention and interest among policymakers. This is encouraging. Setting the global economy on a trajectory to meet … Continued
European Parliament Passes CBAM
The European Parliament approved a plan this week to charge some imports for their emissions in a big step towards harmonizing climate and trade in one of the world’s largest economies. The … Continued
What Industries Import the Most Emissions to the U.S.?
Where and how goods are made has a huge impact on how much carbon dioxide is released into the atmosphere during their manufacture. Most climate policies around the world have … Continued
A Border Adjustment Would Promote U.S. Energy Security and Weaken Russia
Russia’s invasion of Ukraine has sent the West searching for tools to weaken Vladimir Putin and deter Russian aggression. There’s a way to neutralize Russia, promote American energy independence, and … Continued
Next Up for Carbon Accounting: ‘Cradle-to-Border’ Emissions
Border carbon adjustments are gaining momentum in Washington as a way to reward trade in low-carbon goods and boost clean, U.S. manufacturers. To implement a fair and effective border adjustment … Continued
The G7 + Climate Club: A Path to Global Decarbonization
On May 20, the Group of Seven (G7) finance ministers and central bank governors released a communique stating their intent to explore a “climate club,” a formal alliance between like-minded countries to … Continued
Biden Admin to Aim High on Climate-Trade Deals
The Center for Climate and Trade hosted its first in-person event last week, and if we had to pick one takeaway from the discussion it’s this: the Biden administration wants … Continued
Why We Should Leverage U.S. Solar’s Carbon Advantage
Worldwide solar capacity has increased over two thousand-fold in the last 20 years to more than 700 gigawatts, putting solar power at the center of the clean energy transition. As … Continued
Emissions from Imports: An Untapped Opportunity for Decarbonization
When we tally a country’s carbon emissions, we typically consider only those emissions generated within its borders. But this approach misses an important dynamic in the global economy: while emissions … Continued
Carbon Pricing: The Best Way to Achieve the Power Grid of the Future
When the electricity system fails, the consequences can be deadly. The 2021 outages in Texas due to extreme cold are estimated to have killed more than 100 people, while burdening … Continued
We Have the Data We Need to Track Emissions in Global Trade
As the idea of using trade mechanisms to reduce climate emissions gains steam around the world, a common claim is that companies lack the data and standardized methodologies to calculate … Continued