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Research Analyst at Rhodium Group
As the United States commits to accelerating decarbonization as part of global efforts to combat climate change, the policies it enacts will govern its chances of success.
Two linked and frequently raised concerns about putting a price on carbon dioxide emissions in the United States are whether such a tax would unintentionally advantage foreign competitors and, as a result, lead to increased emissions outside American borders.
Putting a price on carbon dioxide (CO2) emissions can help governments reduce them rapidly and in a cost-effective manner.