Chris Borick

Nov 14, 2024 | brookings.edu | Barry Rabe |Chris Borick

Adopting a federal carbon price to reduce domestic greenhouse gas emissions has been an ongoing topic of American climate policy for decades. Thus far, the political hurdles have remained insurmountable, leaving the United States the lone G7 member without a national carbon tax or cap-and-trade system. Twelve states, however, continue to operate carbon cap-and-trade programs.