The US Wants the EU to Delay Imposing Trade Penalties on Carbon-Intensive Imports, But Is Considering Imposing Its Own

A story in Inside Climate News quotes Senior Fellow Carolyn Fischer's expertise on border carbon adjustments in the EU.

View on InsideClimate News website

Date

March 22, 2021

News Type

Media Highlight

Source

InsideClimate News

" But the idea of border carbon adjustments did not have momentum until nations faced the combined pressure of deteriorating trade relationships, the economic shock of Covid-19 and the imperative for deep decarbonization...

'The EU has actually come to this with a lot of hesitation,' said Carolyn Fischer, an economist and senior fellow with the Washington, D.C.-based think tank, Resources for the Future. 'But they’re coming to realize that with their very ambitious targets… to maintain a level playing field, they are finally looking more toward border carbon adjustments, at least for a few important sectors.'"

Topics

Climate and Trade

Related People

Carolyn Fischer

Nonresident Senior Fellow

Carolyn Fischer is a senior fellow at RFF. Fischer's research explores questions of environmental policy instrument design.

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