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Leveling the carbon playing field; international competition and US climate policy design.


Leveling the carbon playing field; international competition and US climate policy design.

Ed. by Trevor Houser et al.

Peterson Inst. Int'l Economics


95 pages




Declaring the prospects of a harmonized international climate policy to be a long way off, the authors of this report (collectively of the Peterson Institute for International Economics and the World Resources Institute) suggest that the question concerning the design of domestic US climate policy is how to level the playing field for the carbon-intensive manufacturing industry in the United States vis-a-vis manufacturing in other countries without similar policies and doing so in a way that does not threaten the prospects for later broad international agreement. They assess the policy options for achieving the above goal including cost-containment mechanisms like a cap-and-trade system or a carbon tax, trade measures such as border tariffs, and the use of the international trade institutions to push for harmonization.

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Publication:SciTech Book News
Article Type:Book review
Date:Sep 1, 2008
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