Carbon Pricing
Economists around the world consider carbon pricing the most economically efficient climate policy option. RFF experts are informing the design and examining the impacts of carbon pricing to help leaders better understand the fiscal and environmental costs and benefits.
Highlights
Topics
Border Adjustments
Examining the design, implementation costs, and policy impacts of border adjustments
Cap and Trade
Analyzing and advising on policies in the United States and elsewhere
Carbon Taxes
Examining potential impacts, revenue use options, and more.
Clean Energy Standards
Working with policymakers to provide economic analysis on potential legislation
Climate Policy in California
Evaluating climate policy in California, beginning with Assembly Bill 32.
RGGI
Analyzing programs in place through the Regional Greenhouse Gas Initiative
Featured Content
- Highlights
- Publications
- Events
- Editorial
- News
Common Resources — Apr 18, 2024
Assessing China’s New Nationwide Effort to Reduce Carbon Dioxide Emissions
China has implemented the world’s largest emissions trading system in an effort to reduce national greenhouse gas emissions. New research assesses the system’s benefits, costs, and effectiveness.
Common Resources — Mar 21, 2024
Feedbacks between Emissions Markets and Political Outcomes: A Case Study of Washington State’s Cap-and-Trade Program
A simple model described here shows feedbacks between emissions markets and policy change: in an upcoming referendum to repeal a cap-and-trade program in Washington, the price of emissions allowances can affect and be affected by potential voter behavior.
Media Highlight — Mar 20, 2024
E&E News: “Washington Carbon Price Crashes as Possible Repeal Looms”
RFF Senior Fellow Dallas Burtraw shares his thoughts on the effects of a bill to repeal Washington State‘s carbon market and the market's falling prices.
Testimony and Public Comments — Mar 11, 2024
Testimony on California's Statewide Trends of Greenhouse Gas Emissions to the Joint Legislative Committee on Climate Change Policies
RFF Darius Gaskins Senior Fellow Dallas Burtraw testified to California's Joint Legislative Committee on Climate Change Policies about the state's carbon market and related areas of economic and environmental performance.
Testimony and Public Comments — Mar 11, 2024
Testimony on California's Statewide Trends of Greenhouse Gas Emissions to the Joint Legislative Committee on Climate Change Policies
RFF Darius Gaskins Senior Fellow Dallas Burtraw testified to California's Joint Legislative Committee on Climate Change Policies about the state's carbon market and related areas of economic and environmental performance.
Working Paper — Feb 22, 2024
China’s Nationwide CO2 Emissions Trading System: A General Equilibrium Assessment
This working paper offers a dynamic general equilibrium assessment of China's tradable performance standard for carbon dioxide emissions.
Testimony and Public Comments — Dec 19, 2023
Comments on the Joint California-Quebec Workshop: Potential Amendments to the Cap-and-Trade Regulation
RFF researchers submitted two comments to the California Air Resources Board in response to a cap-and-trade workshop held with the government of Quebec.
Report — Dec 6, 2023
Comparing the European Union Carbon Border Adjustment Mechanism, the Clean Competition Act, and the Foreign Pollution Fee Act
This report compares goals and designs of three border adjustment mechanisms: the European Union's Carbon Border Adjustment Mechanism, the Clean Competition Act, and the Foreign Pollution Fee Act.
Webinar — Jul 6, 2023
Learning Sessions to Inform New York's Development of an Economy-Wide Cap-and-Invest Program
A webinar series by the Georgetown Climate Center, Columbia University's Sabin Center for Climate Change Law, and Resources for the Future.
RFF Live — Sep 22, 2022
The Global Climate Policy Partnership: Decarbonizing Global Manufacturing
At the launch event of the Global Climate Policy Partnership, experts from around the world delve into a crucial component of the climate challenge—the manufacturing sector.
RFF Live — Jun 8, 2022
Decarbonization Policy and International Competitiveness
An event—featuring Senator Sheldon Whitehouse (D-RI) and a panel of experts—breaking down new proposals for border carbon adjustments and the future of decarbonization and trade
RFF Live — Mar 10, 2022
The Future of Carbon Pricing: Policy in Action
A review of trends and trajectories in carbon pricing around the world
Common Resources — Apr 18, 2024
Assessing China’s New Nationwide Effort to Reduce Carbon Dioxide Emissions
China has implemented the world’s largest emissions trading system in an effort to reduce national greenhouse gas emissions. New research assesses the system’s benefits, costs, and effectiveness.
Common Resources — Mar 21, 2024
Feedbacks between Emissions Markets and Political Outcomes: A Case Study of Washington State’s Cap-and-Trade Program
A simple model described here shows feedbacks between emissions markets and policy change: in an upcoming referendum to repeal a cap-and-trade program in Washington, the price of emissions allowances can affect and be affected by potential voter behavior.
Common Resources — Jan 23, 2024
Bill That Would Help Track Emissions Associated with Traded Goods Receives Bipartisan Support
A new bill passed recently by a US Senate committee would require the federal government to study the greenhouse gas emissions associated with products from selected industries and US trade partners.
In Focus — Nov 30, 2023
In Focus: Carbon Markets and Carbon Dioxide Removal
This video shares insights about the risks of integrating carbon dioxide removal into carbon markets, with Massimo Tavoni, director of the RFF-CMCC European Institute on Economics and the Environment.
Media Highlight — Mar 20, 2024
E&E News: “Washington Carbon Price Crashes as Possible Repeal Looms”
RFF Senior Fellow Dallas Burtraw shares his thoughts on the effects of a bill to repeal Washington State‘s carbon market and the market's falling prices.
Media Highlight — Mar 4, 2024
Heatmap: “A Carbon Tax is Back on the Table”
RFF board member Catherine Wolfram offers comments on a new paper she coauthored in this article about renewed attention on carbon taxes.
Media Highlight — Feb 26, 2024
City & State Pennsylvania: “Reconsidering the Reckoning over RGGI”
A story about the Regional Greenhouse Gas Initiative’s presence in Pennsylvania references a report conducted by RFF and the University of Pennsylvania on the policy’s costs and benefits.
Press Release — Dec 6, 2023
New Report Compares Recent International Climate and Trade Policies
With the 28th Conference of the Parties (COP28) putting a spotlight on international climate policy, a new RFF report compares three climate and trade policies and analyzes each one’s unique goals, structures, and international repercussions.
