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An Update on Carbon Pricing

Tuesday, May 1, 2018 10:00 am - 11:30 am
CSIS Headquarters
The CSIS Energy & National Security Program is pleased to host John Larsen (Rhodium Group; CSIS), Jerry Taylor (Niskanen Center), and Thomas Kerr (IFC) to discuss the state of play of carbon markets and pricing around the world.

Carbon pricing and emissions trading systems (ETS) have been gaining momentum as tools to reduce greenhouse gas emissions and meet Paris Agreement targets. The majority of OECD countries have a carbon pricing mechanism in place. China launched its nation-wide ETS in December. In the United States, California and Northeast states have been improving their carbon pricing programs, and additional states are discussing joining these efforts. Segments of the private sector have begun accounting for a price on carbon, particularly in risk assessment.

Despite progress, carbon pricing and ETS only cover approximately 15% of global emissions. The United States is still without a nation-wide carbon price, a politically fraught issue. Ultimately, prices must be significantly higher, and these mechanisms more widely adopted, in order to meet the goals of the Paris Agreement. Whether pricing carbon and ETS will come to meet expectations remains an open question.

This event is made possible by general funding to CSIS and the Energy & National Security Program.
Featuring
Jerry Taylor
President, Niskanen Center
Thomas Kerr
Principal Climate Policy Officer, International Finance Corporation
CSIS Experts
John Larsen
Senior Associate (Non-resident), Energy Security and Climate Change Program
Sarah Ladislaw
Senior Associate (Non-resident), Energy Security and Climate Change Program
Downloads
John Larsen Presentation
Thomas Kerr Presentation
Contact
Contact the Energy Program
Media Queries

Contact H. Andrew Schwartz
Chief Communications Officer
Tel: 202.775.3242

Contact Caleb Diamond
Media Relations Manager and Editorial Associate
Tel: 202.775.3173

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Tel: 202.775.3173

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