CCL Training: Carbon Border Adjustment Mechanisms and the PROVE IT Act

Join CCL's Research Team to dive into an understanding of what Carbon Border Adjustment Mechanisms (CBAMs) are, the importance of accurate carbon content calculations and what the PROVE IT Act does to help the U.S. get a firmer understanding of our domestic industry's lower carbon content advantage. 

Skip ahead to the following section(s):(0:00) Intro & Agenda(2:02) What is a carbon border adjustment mechanism (CBAM)?(16:19) How does a CBAM work?(19:39) What’s happening with CBAMs in the USA and around the world?(22:19)  What role does the PROVE IT Act play in developing a CBAM?(29:04) How Carbon Fee & Dividend complements a CBAM

Helpful resources: Presentation Slides: https://cclusa.org/prove-it-cbams Take Action: https://citizensclimatelobby.org/get-loud-take-action/prove-it-act/ 

Reports:CLC's America's Carbon Advantage: https://clcouncil.org/reports/americas-carbon-advantage.pdf RFF CBAM explainer: https://www.rff.org/publications/explainers/border-carbon-adjustments-101 

More about the bills: https://www.congress.gov/bill/118th-congress/senate-bill/1863 https://www.congress.gov/bill/117th-congress/senate-bill/4355 https://www.coons.senate.gov/imo/media/doc/one_pager__fair_transition_and_competition_act_-_117.pdf