BPC is hosting a public virtual event on the future of U.S. climate and trade policy, including the possibility of enacting a border carbon adjustment (BCA). There is concern that climate policies enacted in the United State could put U.S. companies at a competitive disadvantage relative to countries that do not. A BCA is a trade tool that levels the field for domestic manufacturers by imposing a fee on carbon-intensive products when they reach the border. A BCA can have the additional benefit of incentivizing other countries to enact their own climate policies. Representative Scott Peters (D-CA) will discuss his FAIR Transition and Competition Act which would create a Border Carbon Adjustment in the United States. Additional speakers will discuss the U.S. carbon advantage, the domestic politics of the broader policy, and the possibility of creating a “carbon club” with other economies with similar policies.
Keynote remarks by:
Rep. Scott Peters (D-CA)
U.S. House of Representatives
Panel discussion with:
Co-Founder and Chairman, Silverado Policy Accelerator
Deputy Director of the Center for Energy and Environmental Policy Research, MIT
Vice President for Policy, Climate Leadership Council
George David Banks
Director of Policy and Carbon Management, BPC Energy Project
In light of restrictions related to the COVID-19 pandemic, BPC events have shifted to all remote formats, such as video teleconferences or calls.