A Transatlantic Dialogue: Carbon Pricing and the Energy Transition --- June 9, 2023 --- Washington, DC and ONLINE

(Wilson Center) In theory, carbon pricing promises an economically efficient means to the energy transformation. In practice, however, carbon pricing has faced multiple and significant hurdles to adoption. But momentum is building. In recent years, Europe and Canada have established robust pricing schemes. And while the US lags on carbon pricing, the policies adopted by its trade partners will likely impact investment—nearly 40% of American imports come from nations with carbon prices expected to exceed USD$50 per ton in 2023. In October 2023, for example, the EU’s Carbon Border Adjustment Mechanism (CBAM) will begin its transitional phase, requiring importers of carbon intensive products to report greenhouse gas emissions embedded in their products, before the permanent systems takes hold in 2026, requiring importers to purchase CBAM certificates that account for their products’ embedded GHG. To successfully enable the green energy transition, policies must focus on ensuring that the emerging and diverse approaches to carbon pricing complement one another.READ MORE

SPEAKERS

Jessica Green

Professor, University of Toronto

Dagmara Koska

Deputy Head, Global Issues and Innovation and Counselor for Climate and Energy, Delegation of the EU to the US

Barry Rabe

Public Policy Fellow;
J. Ira and Nicki Harris Family Professor of Public Policy, Gerald R. Ford School of Public Policy, University of Michigan

Stefano De Clara

Head of Secretariat, International Carbon Action Partnership

MODERATOR

Sara Schonhardt

Reporter, E&E News

HOSTED BY

ENVIRONMENTAL CHANGE AND SECURITY PROGRAM

The Environmental Change and Security Program (ECSP) explores the connections between environmental change, health, and population dynamics and their links to conflict, human insecurity, and foreign policy. Read more

WAHBA INSTITUTE FOR STRATEGIC COMPETITION

The Wahba Institute for Strategic Competition works to shape conversations and inspire meaningful action to strengthen technology, trade, infrastructure, and energy as part of American economic and global leadership that benefits the nation and the world. Read more

GLOBAL EUROPE PROGRAM

The Global Europe Program addresses vital issues affecting the European continent, U.S.-European relations, and Europe’s ties with the rest of the world. We investigate European approaches to critical global issues: digital transformation, climate, migration, global governance. We also examine Europe’s relations with Russia and Eurasia, China and the Indo-Pacific, the Middle East and Africa. Our program activities cover a wide range of topics, from the role of NATO, the European Union and the OSCE to European energy security, trade disputes, challenges to democracy, and counter-terrorism. The Global Europe Program’s staff, scholars-in-residence, and Global Fellows participate in seminars, policy study groups, and international conferences to provide analytical recommendations to policy makers and the media. Read more

CANADA INSTITUTE

Bound by common geopolitical interests and strong economic and cultural ties, Canada and the United States enjoy the world's most successful bilateral relationship. The Wilson Center's Canada Institute is the only public policy forum in the world dedicated to the full spectrum of Canada-U.S. issues. The Canada Institute is a global leader for policymakers, academics and business leaders to engage in non-partisan, informed dialogue about the current and future state of the relationship. Read more