A close look at the historical relationship between energy prices and U.S. production and consumption of energy-intensive goods suggests that energy-intensive manufacturers are likely to face only modest “competitiveness” impacts under a U.S. greenhouse gas cap-and-trade program, according to this report.
Read the full report: The Competitiveness Impacts of Climate Change Mitigation Policies (PDF).
Pew is no longer active in this line of work, but for more information, visit the Center for Climate and Energy Solutions site.