Regional Regulatory Initiatives Addressing GHG Leakage in the USA

Abstract

This chapter describes some of the major regional GHG cap-and-trade initiatives in the United States, defines the problem of emissions leakage in the context of regional GHG regulation, identifies the various approaches employed by the regional GHG cap-and-trade regimes in the United States to address leakage, and provides some suggestions about the design of regional GHG regimes outside the United States, including in the European Union.