January 25, 2024, 6:00 pm – 7:15 pm EST
In responding to the growing climate crisis, governments across the globe are deploying new and ambitious market-based policies aimed at driving down greenhouse gas emissions. A prime example is the European Union’s Carbon Border Adjustment Mechanism (CBAM), which began to take effect in fall 2023. It will price the carbon emissions of certain carbon-intensive imports into the EU, such as cement, steel, and some electricity, if the producing country does not have climate policies equivalent to the EU’s. CBAM aims to level the playing field for products produced in the EU, which already face a carbon price, and to prevent carbon leakage.
While CBAM could spur countries outside the EU to adopt more robust climate policies, it also might disadvantage industries in the Global South that export to the EU and prompt protectionist responses from others, which would harm international trade. There also are questions about whether CBAM is consistent with international trade rules. At this panel event, experts in trade, climate, and international economic law will discuss CBAM’s implications for the United States and other countries, and the challenge of achieving a balance between climate action and international trade.
Networking reception to follow.
PANELISTS
Dr. Inu Manak, Fellow for Trade Policy, Council on Foreign Relations
Dr. Jesse Scott, Visiting Research Fellow, German Economic Research Institute DIW Berlin; Adjunct, Hertie School
Robert Howse, Lloyd C. Nelson Professor of International Law, NYU School of Law
MODERATOR
Katrina Wyman, Faculty Director, Guarini Center; Wilf Family Professor of Property Law, NYU School of Law
CLE
New York CLE credit is pending. If approved, the credit will be appropriate for both newly admitted and experienced attorneys.
OUT-OF-STATE CLE
NYU School of Law is an accredited provider of CLE in New York State. If you are seeking CLE credit for a different state, we recommend you consult with your state’s CLE Board to ascertain regulations on reciprocity.
REGISTRATION
This event is open to the general public. Advance registration is required for all attendees. Non-NYU visitors must be prepared to show security a valid government-issued photo ID for entry into the building.
REGISTER HERE