Report of the High-Level Commission on Carbon Pricing and Competitiveness (2019)

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The Carbon Pricing Leadership Coalition launched the High-Level Commission on Carbon Pricing and Competitiveness at its 2018 High-Level Assembly to address the issue of potentially adverse impact of carbon pricing on the competitiveness of businesses and economies. The newest report of the High-Level Commission assessed the economic literature discussing the impact of environmental regulation on business competitiveness. The report finds that there is little evidence to date that carbon pricing has resulted in the relocation of the production of goods and services or investment in these products to other countries. There may be several reasons for this, including the observation that carbon price levels have generally been moderate and existing programs include protection for at-risk sectors. To find the full report, please follow the link.