New Paper: How an international agreement on methane emissions can pave the way for enhanced global cooperation on climate change
Catherine Wolfram, an External Collaborator of the Salata Institute’s methane initiative, has completed a policy brief, with colleagues, addressing relationships among methane-emissions reduction, trade policy, and broader climate-change policy. The paper was released by the Peterson Institute for International Economics and is available for download here. The authors note in their introduction:
“…this Policy Brief proposes a coordinated US and EU methane border adjustment policy in oil and gas that will reduce methane emissions by an estimated 15 to 45 percent worldwide, while having an indiscernible effect on key energy prices faced by households in the United States and the European Union. This proposal for enhanced international cooperation on climate change could serve as a model for other efforts to reduce the frictions that result from diverse national climate mitigation policies and strategies, while simultaneously enhancing incentives for climate policy ambition.”
The paper is copyrighted by PIIE, and the Salata Institute is grateful for permission from PIIE to reference it here.