Purpose
- Investigates the causes of economic imbalances.
- Explores and develops market-based solutions.
Summary
Project will explore the feasibility of a Carbon Border Adjustment Mechanism in the U.S.
Purpose
The project will particularly focus on how a CBAM would be an efficient way to address the market failure caused by greenhouse gas emissions (i.e., find a remedy for impaired markets).
Climate change is one of the most important challenges mankind is facing and it is therefore important to find ways to address it through regulation and harnessing the power of markets.
Scope
The scope of the project will be national.
Amount Approved$80,000.00
on 6/8/2023
(Check sent: 6/21/2023)
