Blog Articles

The EU Carbon Border Adjustment Mechanism (CBAM), the world’s first carbon import fee on internationally traded goods, entered its inaugural phase on October 1, marking a profound transformation for the … Continued

The EU has finalized rules to govern the Carbon Border Adjustment Mechanism (CBAM) transition phase, which imposes a reporting requirement on importers of select covered goods. Beginning October 1st and … Continued

Carbon import fees—a price imposed on imported goods based on their carbon intensity, largely targeting energy-intensive and trade-exposed products—are gaining traction as an important element in addressing global climate goals. … Continued

Interest in climate and trade policy is growing as the EU prepares to implement its CBAM and multiple U.S. senators explore their own ideas for carbon intensity import fee legislation. … Continued

Trade is a mass disseminator of resources, technology, and best practices. And yet, it is the most underdeveloped tool in the climate playbook. Increasingly, policymakers are considering trade policies to … Continued

In May of 2022, the European Parliament officially approved its Carbon Border Adjustment Mechanism (CBAM) to charge carbon-intensive imports for their emissions. Before it can determine fee structures for individual … Continued

Climate Leadership Council research has demonstrated that American manufacturers across industries are highly carbon efficient compared to overseas competitors. This “carbon advantage” was initially highlighted in the Council’s 2020 study, … Continued

Over the past two years, U.S. lawmakers have expressed growing interest in border carbon adjustments (BCA), pollution import fees, and new trade deals to charge products based on carbon intensity. … Continued

Climate change, supply chain issues, and geopolitical concerns are sparking new questions about the status quo of trade policies. To meaningfully address these challenges, policymakers must adjust the international trade … Continued

Emissions from international shipping have climbed rapidly over the last decade and could account for more than 17% of global emissions by 2050. Yet the 2015 Paris Agreement does not … Continued

In November, COP27 culminated with international agreement to form a new “Loss and Damage” Fund, in which developed countries would compensate developing countries for the climate-linked costs that they cannot … Continued

At the U.N.’s COP27 climate conference in Sharm El-Sheikh, Egypt earlier this month, world leaders met to discuss and debate various proposals to minimize the effects of climate change. Some … Continued

The passage of the Inflation Reduction Act (IRA) in August, with its $369 billion commitment to addressing climate change, has been described as the most significant climate legislation in U.S. … Continued

The chemicals industry can play a pivotal role in decarbonizing the global economy. Chemical products serve as ingredients in the fuels and technologies that are essential for cutting emissions, such … Continued

The United States is one of the world’s most carbon efficient economies, producing goods with far less emissions than almost any other economy. This “carbon advantage” has been well documented, … Continued

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

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

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

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

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

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

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

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

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

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