Provisions to ensure advanced energy jobs grow at home: Rebates, border adjustment and domestic content
April 16, 2010
Output-based rebates, border adjustments and domestic content:
Provisions to ensure advanced energy jobs grow at home
National policy to cap carbon emissions is needed to create domestic advanced energy markets and to stabilize a return on investments in those markets. Midwestern legislators have called for a set of policies to ensure American producers are not undercut by trading partners with lax environmental regulations. In this issue brief, we explain three policy proposals that can secure domestic jobs without damaging international relationships: output-based rebates, border adjustments and domestic content provisions. We conclude that concerns associated with these policies are overstated, particularly with regard to domestic content, where technical solutions like a unified web page and improved waiver protocol could provide an inexpensive means to support domestic manufacturing.
Related link from Senator Brown’s office – Midwestern senators see strengthening domestic market critical to their industrial base: