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.

Speakers

• 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

Viewers can submit questions by emailing events@brookings.edu or via Twitter with #CarbonPricing.