Carbon pricing is a powerful tool to curb greenhouse gas emissions and address climate change. While the U.S. government has yet to put a general price on carbon, several states have enacted their own initiatives—for example, California’s cap-and-trade program—or plan to do so in the near future. To what extent can state-level carbon pricing help meet the nation’s 2030 greenhouse gas reduction goals?
On March 30, the Center on Regulation and Markets at Brookings and the Urban-Brookings Tax Policy Center will host an event to explore current state-level carbon pricing initiatives and their role in U.S. climate policy, with particular focus on the challenges of carbon pricing in a federal system. After keynote remarks from Rajinder Sahota, deputy executive officer for climate change and research at the California Air Resources Board, a panel of climate policy experts will offer their perspectives on the issue.
Thornton Matheson, Senior Fellow, Urban-Brookings Tax Policy Center
Ian Parry, Principal Environmental Fiscal Policy Expert, Fiscal Affairs Department, International Monetary Fund
Sanjay Patnaik, Director of the Center on Regulation and Markets, Bernard L. Schwartz Chair in Economic Policy Development, and Fellow in Economic Studies, Brookings Institution
Barry G. Rabe, Nonresident Senior Fellow, Governance Studies, Brookings Institution
Rajinder Sahota, Deputy Executive Officer for Climate Change and Research, California Air Resources Board
Jennifer Winter, Associate Professor, Department of Economics and School of Public Policy, University of Calgary