Revisiting the NAFTA Agenda on Climate Change
The three NAFTA signatories have a shared interest in harmonizing climate change policy, and while they have made steps in that direction, there is still much that can be done to promote renewable energy development and other measures to reduce greenhouse gas emissions. Authors Jeffrey J. Schott and Meera Fickling examine channels for energy and environmental cooperation among the three North American countries in light of limited progress in international climate talks and scaled back energy legislation being vetted in the US Senate. Suggestions include: harmonizing renewable energy standards and trading of renewable electricity credits, improving cross-border transmission capacity between the United States and Mexico, and using NAFTA institutions for data collection and monitoring of regional climate policies and for capacity building in Mexico.
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