Climate for Collaboration: Analysis of US and EU Lessons and Opportunities in Energy and Climate Policy

Abstract

deepening of cooperation between the United States and the European Union requires mutual trust, and understanding of current policies, challenges and successes. Through providing such understanding among policymakers, industry and other stakeholders in both economies, opportunities for transatlantic cooperation on climate change and energy policy emerge. This paper sets out by discussing the environmental, legislative, and economic contexts of the EU and US as related to climate. This context is essential to understanding how cap-and-trade, renewable energy and sustainable transportation policies have taken shape in the EU and the US, as described in Chapter 3.1. For each of these policies, a barrier analysis and discussion is provided. Chapter 4 builds off this improved understanding to listobservations and possible lessons learned. The paper concludes with recommendations on topics where EU and US interests align, and where further cooperation could prove beneficial.