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Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
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From oil pipelines crossing the border to integrated electricity grids, energy trade has long been a key part of the economic relationship between the United States and Canada....
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The relationship between the US and Canada, each of which is the other’s principal source of imported energy, has become increasingly fraught in recent months. Canada and the...
External Publications by Noah Kaufman • December 19, 2018
Avoiding the most dangerous risks of climate change requires increased policy ambition around the world, including strong federal-level action in the United States. Economists have long pointed to a carbon tax as an important part of any cost-effective portfolio of climate policies. A carbon tax would reduce emissions by raising the costs of carbon-intensive products, thus causing producers and consumers to factor the costs of climate change into their market decisions. The purpose of this commentary is to describe the major design decisions associated with a federal carbon tax, particularly carbon tax rates, revenue use, and regulatory changes. The authors analyze their implications on US energy markets, emissions, and the economy. They focus on two carbon tax scenarios that resemble federal legislation proposed in 2018, one by Democratic members of Congress led by Sheldon Whitehouse and one by Republican Congressmen led by Carlos Curbelo.
Energy abundance isn't a climate strategy—it delays clean energy progress, harms global cooperation, and repeats past policy mistakes.
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
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External Publications by Noah Kaufman • December 19, 2018