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Carbon Pricing in the US

Examining State-Level Policy Support and Federal Resistance

Bibliographic Data

ID13053782
AuthorsEaswaran Narassimhan (0000-0001-8910-2246, Harvard University, corresponding author), Stefan Koester (0000-0001-5970-4502), Kelly Sims Gallagher (0000-0002-4724-8949, Tufts University)
Year2022
Volume10
Issue1
Publication date2022-02-23
Open AccessYes
TypeARTICLE
VenuePolitics and Governance (JOURNAL)
Journal identifiersISSN: 2183-2463 • E-ISSN: 2183-2463
PublisherCogitatio (PUBLISHER • PT)
DOI10.17645/pag.v10i1.4857
OpenAlexW4212939549
LanguageEN
Citations received4
References cited35

Carbon pricing is a key policy instrument used to steer markets towards the adoption of low-carbon technologies. In the last two decades, several carbon pricing policies have been implemented or debated at the state and federal levels in the US. The Regional Greenhouse Gas Initiative and the California cap-and-trade policy are the two regional policies operational today. While there is no federal policy operational today, several carbon pricing proposals have been introduced in Congress in the last decade. Using the literature on interest group politics and policy entrepreneurship, this article examines the carbon pricing policies at the subnational and federal levels in the US. First, the article explores the evolution of two main regional carbon pricing policies, the Regional Greenhouse Gas Initiative and California cap-and-trade, to identify how interest groups and policy entrepreneurs shaped the design and implementation of the respective policies. Second, the article details the federal carbon pricing policy proposals and bills discussed in the last decade. Third, it examines the factors that limit the prospects of realizing an ambitious federal carbon price for pursuing deep decarbonization of the US economy. The article finds that federal carbon pricing in the US suffers from the lack of any natural and/or consistent constituency to support it through policy development, legislation, and implementation. While interest group politics have been mitigated by good policy entrepreneurship at the subnational level, the lack of policy entrepreneurship and the changing positions of competing interest groups have kept a federal carbon pricing policy from becoming a reality

Business · Economic growth · Economic policy · Economics · Emissions trading · Entrepreneurship · Greenhouse gas · Legislation · Political science · Politics · Public economics · Public policy · State (computer science · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies · Policy Transfer and Learning · Finance

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Citations per year1
Citation span2022 - 2025 (4)
Highly citedNo

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