Sink or Swim: The Economic Impacts of an International Maritime Emissions System for Greenhouse Gases on the United States

July 2012

In a Brookings Institution report, Climate Advisers president Nigel Purvis and associate Samuel Grausz analyze the impacts of a global system to reduce maritime greenhouse (GHG) emissions on the United States. They examine the potential benefits of such a policy to the potential costs using a simple economic model to provide a rough estimate of the changes in prices and demand for U.S. imports and exports resulting from such a policy.