Economic competitiveness and decarbonization are top priorities for industry and government. The biggest areas of focus for policymakers are the highly competitive industrial sectors including steel, aluminum, cement, and chemicals. The introduction of new low- and zero-carbon production technologies, driven by government policies, may help these industries decarbonize faster. However, given that these products are exchanged on highly competitive international markets, there is concern that domestic decarbonization policies could result in production shifting to nations with weaker environmental policies.
On Wednesday, June 8, Resources for the Future (RFF) hosted an RFF Live event breaking down recent developments in decarbonization and industrial competitiveness. First, RFF President and CEO Richard G. Newell sat down with Senator Sheldon Whitehouse to discuss Whitehouse's new proposal addressing emissions and competitiveness. A panel of experts on international trade and decarbonization then examined proposals aimed at reducing industrial emissions while keeping US industry competitive on the world stage.
Opening Session
- Sheldon Whitehouse (D-RI), United States Senate
- Richard G. Newell, Resources for the Future
Panelists
- Virgilio Barrera, Holcim US
- Anna Fendley, United Steelworkers
- Jennifer Hillman, Georgetown Law Center
- Ray Kopp, Resources for the Future
- Kevin Rennert, Resources for the Future (Moderator)
