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


by Trevor Houser, Rob Bradley, Britt Childs, Jacob Werksman, Robert Heilmayr

List Price: $19.95
Available: Usually ships in 24 hours
Sales Rank: 747532
Studio: Peterson Institute
Binding: Paperback
Number Of Pages: 112
Publication Date: May 12, 2008
Publisher: Peterson Institute


EDITORIAL REVIEWS

Product Description
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-à-vis countries without similar climate policy, lest a decline in industrial emissions at home is simply replaced by increases in emissions abroad. While this would be best achieved through harmonized international climate policy, the differences between countries in level of economic development, obligations stemming from historic emissions and responsibilities arising from future emissions, mean harmonization is still a long way off. The question then, in the design of domestic US climate policy today, is how to level the playing field for carbon-intensive industries during a period of transition, where trading partners are moving at different speeds and adopting a variety of policies to reduce emissions...and how to do so in a way that doesn't threaten the prospects of broader international agreement down the road. This book, a collaboration between the Peterson Institute for International Economics and the World Resources Institute, tackles these issues through an assessment of the economics and trade flows of key carbon-intensive industries. They evaluate a wide range of policy options, including those that would impose carbon costs on foreign-produced goods at the border (currently included in draft US legislation and under consideration in the EU) in terms of their effectiveness in reducing emissions and addressing competitiveness issues and their impact on health of multilateral trade and climate negotiations.


CUSTOMER REVIEWS (Average Customer Rating: 5.0 based on 2 reviews)

A good choice for community library environmental and social issues collections.  
The United States has the ability to be the one of the biggest players in the oil industry, but how does it level the playing field and stay competitive, while remaining mindful of environmental concerns? "Leveling the Carbon Playing Field: International Competition and US Climate Policy Design" is 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, "Leveling the Carbon Playing Field" should be considered essential reading for anyone in the center of these vital issues. A good choice for community library environmental and social issues collections.

August 09, 2008

Best Explanation of Cap and Trade and other options to reduce carbon emissions  
In seventy-eight pages, the authors provide one of the most complete and thoughtful analyses of the complex strategies for reducing carbon emissions internationally.

As nations struggle with the competing demands of economic competition and the dire threat of globla warming, one of the most critical needs is to develop viable strategies for reducing carbon emissions without destroying the economic viability of developed nations and threatening to destroy the economies of the underdeveloped nations.

For the past 50 years, the US has enjoyed being at the top of the economic pyramid. With the emergence of China, India and other large economies, the need for international cooperation is essential.

This small volume provides a framework for understanding this issue and formulating effective policies.
Hugh McIsaac.
Santa Cruz, Calif.
June 02, 2008


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