Topic: trade

High prices have again put energy policy squarely on the U.S. agenda. Political candidates are talking about every energy option under (and including) the sun.

By encouraging clean technology deployment and imposing new costs on commonly traded commodities, climate policy would have significant impacts on international trade flows. This document answers basic questions about climate policy and its implications for the international trade of goods.

Note: an updated version of this chart is available here.

Note: the size of the bubbles indicates the total CO2 emissions from the industry in 2002.