🌍🇪🇺 The EU CBAM is around the corner, marking a pivotal shift in global trade. Importers will soon face emissions-based fees on iron, steel, and more. Research associate Daniel Hoenig explores how the CBAM will impact US competitiveness and market share:
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What is the 'relative CBAM cost burden” and why does it matter? In our #ClimatePerspectives blog, research associate Daniel Hoenig explores how better carbon efficiency and reduced EU market dependence gives US firms a competitive edge.
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In a new analysis, senior research analyst Holly Rooper identifies lessons from the United States’ experience in targeting Ozone-Depleting Chemicals (ODCs) and applies the findings to carbon import fee and carbon club development.

Learn more: clcouncil.org/media/2024/04/…

Global cooperation is crucial to creating climate and trade policies that favor carbon-efficient goods and reduce carbon leakage. Read more here: clcouncil.org/blog/next-step…

We talk a lot about America’s Carbon Advantage. But don’t just take our word for it. Subsequent studies, including research from OECD ➡️ Better Policies for Better Lives, echo our findings that the U.S. generally makes goods with fewer emissions.
Learn more: oecd.org/sti/ind/carbon…

The current approach to emissions accounting is exacerbating a “carbon loophole” for the CO2 emissions associated with producing goods in one country that are consumed in another. Thankfully, climate and trade policies offer a solution.
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News that caught our eye this morning: Nucor, Google, and Microsoft announced a joint initiative to bring innovative clean energy technologies to market. nucor.com/news-release/2…

“Our analysis clearly shows there are viable pathways for defending a variety of approaches to carbon border fees,” says Catrina Rorke.
clcouncil.org/blog/in-brief-…

The opportunity for cooperation between climate-ambitious countries is only growing.
Learn more: clcouncil.org/blog/will-the-…

Why is the U.S. so much more efficient than most of its key trading partners?
We unpack the reasons in our #ClimatePerspectives blog series: clcouncil.org/blog/why-does-…

Climate policy offers an opportunity to reward clean manufacturers and raise global climate ambition.
clcouncil.org/carbon-advanta…

“Climate is increasingly salient as a political issue in the United States and globally,” writes Ilaria Mazzocco. “But it is now inseparable from a broader discussion on economic security, domestic economic policy, and competition with China.”

Read more: bit.ly/3SPgVWB

No climate solution can be effective without identifying and mobilizing decarbonization pathways for hard-to-abate manufacturing sectors like steel and aluminum.

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The WTO’s essential security measure provides the legal basis for the adoption of carbon import fees.

Our latest #ClimatePerspectives unpacks how: bit.ly/49reiRW

America produces steel while emitting less CO2 than all major competitors. But under the current rules of climate and trade, our manufacturers get no credit for their cleaner operations.

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Today marks the start of the @WTO's 13th Ministerial Conference in Abu Dhabi.

Fisheries subsidies are in the spotlight, with crucial negotiations underway for a landmark agreement in global sustainable development.

wto.org/english/news_e…

The Council’s analysis found that carbon import fees can be consistent with WTO rules through the organization’s essential security exemption.

Here’s how: bit.ly/3ONYkce

The U.S. has a carbon advantage in electricity generation over most major economies and is a carbon-efficient manufacturer of vital electric infrastructure technologies.

Learn more: bit.ly/42F0tN7

“Justification of climate action as an essential security measure, an exception under Article XXI(b) of the General Agreement on Tariffs and Trade, may provide the most expansive legal protection” for carbon import fees.

Learn more: bit.ly/48mxsqL

The U.S. holds a carbon-efficiency advantage in the solar sector. Leveraging this advantage can reward U.S. producers, support faster decarbonization, and position the U.S. to become a dominant player in next-generation solar.

Learn more: bit.ly/3I0D2nZ