As the European Union develops a carbon border tax and the United States considers its own, this report argues for the need to track cross-border carbon trade comprehensively — including trade in fossil fuels.
By refusing to go along with an increased consumer subsidy fully available only for EVs and batteries produced in the U.S. with union labor, Sen. Manchin (perhaps with the assistance of Canada's government) has saved the U.S. government from what could have been a mortal blow to an integrated North American industry.
The energy policies of the United States and Mexico are at a crossroads, writes nonresident scholar Isidro Morales. In this report, he explains that the future direction of energy in both nations depends on how global energy markets adjust to the latest shock to the system — Russia’s invasion of Ukraine.
On August 31, 2021, Energy Dialogues and the Center for Energy Studies hosted the Houston Energy Dialogues for the fifth consecutive year. Co-sponsors of this event were Sempra LNG, Schlumberger and Validere. As in previous years, the dialogues provided a platform for in-depth conversations about the energy industry involving representatives from government, industry, academia, environmental groups and regulatory bodies. Resiliency was a central theme. This report summarizes the day's discussions.
The authors take a realistic look at what's needed for the global energy transition to succeed and warn that moving away from fossil fuels too quickly could backfire — stranding climate progress in the so-called “valley of death.”
Gabriel Collins, Michelle Michot FossJanuary 27, 2022
Many climate policy approaches place a disproportionate burden on lower-income families, writes fellow Mark Finley. Political leaders have started to recognize that climate policy must approach fossil fuels and energy transition as an “AND”, not an “either/or”, and that the distributional impact of policy must also be addressed. Read more on the Baker Institute Blog.
This post originally appeared in the Forbes blog on January 26, 2022.
By subsidizing only electric vehicles and EV batteries produced by union labor in the U.S., the auto industry could face trouble in valuable trade partnerships with Canada and Mexico, writes fellow David Gantz.