Toward a Tradable Low-Carbon Cement Standard: Policy Design Considerations for the United States
Taryn Fransen, Katie Lebling, Debbie K. Weyl, Kevin C. Kennedy
Abstract
SynopsisThis paper outlines design considerations for an effective low-carbon cement standard in the United States, including how to set benchmarks and stringency, how to address leakage and competitiveness, and how to structure cost containment policies. A low-carbon cement standard offers several advantages as part of a broader climate change policy portfolio and can serve dual purposes: moving the market in the nearer term through existing technological opportunities while setting a clear regulatory roadmap to inspire long-term investment in deep emissions reductions.
Topics & Concepts
PortfolioInvestment (military)Carbon leakageClimate changeContainment (computer programming)CementLeakage (economics)Natural resource economicsEnvironmental economicsBusinessEmissions tradingEconomicsComputer scienceFinancePolitical scienceLawMacroeconomicsArchaeologyProgramming languageEcologyPoliticsBiologyHistoryEnvironmental Impact and Sustainability