Full Title: Evaluating the Economic and Environmental Impacts of the Foreign Pollution Fee Act on Carbon-Intensive Sectors
Author(s): Kimberly Clausing, Allan Hsiao, Gilbert Metcalf, Marilyn Pereboom, Catherine Wolfram
Publisher(s): MIT CEEPR
Publication Date: June 1, 2025
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Description (excerpt):
A number of countries have implemented policies to reduce carbon emissions in carbon-intensive sectors. These sectors tend to be energy-intensive and trade sensitive. Many countries have implemented carbon pricing, usually in the form of a cap-and-trade system for emissions. The European Union, for example, has had an emissions trading system (ETS) since 2005.