Using International Trade Regulations to Combat Climate Change
The Economic Strategy Institute has published a new report on how to use trade measures to limit carbon emissions, combat climate change, and ensure a level playing field for international competition.
For too long, many American business and political leaders have fought a holding action against committing the United States to serious efforts to control global climate change and reducing greenhouse gas emissions. That their doubts about the veracity of climate change science and the role of human activity as the cause of climate change have now been disproved is of little comfort, because the delay in addressing this serious challenge has left the US ill-prepared to set the global agenda for regulating greenhouse gas emissions. The climate change deniers, though now cowed, have done serious damage to the long term economic and political influence of the US, as other countries have moved ahead with new policies and regulations that could set the terms of future mitigation efforts in ways that undermine US economic strength and international influence.