Catherine Wolfram
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cwolfram.bsky.social
Catherine Wolfram
@cwolfram.bsky.social
Climate and energy economist at MIT Sloan. Former DAS at Yellen Treasury.
Pinned
I'm delighted to announce the release of the Flagship Report of the Global Climate Policy Project at Harvard and MIT Working Group on Climate Coalitions on "Building a Climate Coalition: Aligning Carbon Pricing, Trade, and Development."

ceepr.link/3VmgC7g

A 🧵 on what we do/find:
ceepr.link
Good news re #CBAM in the EU-India trade deal: It's intact, and, even better, the EU committed not to give other countries a break. They also committed to support decarbonization in India to the tune of 500 million euros.

www.reuters.com/sustainabili...
EU-India trade deal leaves bloc's carbon border tariff intact
A landmark trade deal struck by India and the European Union on Tuesday will not trigger any changes to the bloc's carbon border tariff, EU officials said, despite India's concerns over the scheme.
www.reuters.com
January 27, 2026 at 3:20 PM
Yes, EU CBAM pushing Indian steel producers toward greener production processes.

I only wish people would stop referring to #CBAM as a tariff. Tariffs treat foreign and domestic producers differently, while a CBAM levels the playing field. More like a VAT.

www.canarymedia.com/articles/gre...
New EU carbon tariff pushes India toward green steel
Europe’s pioneering tax on polluting imports presents India’s coal-reliant steelmakers with a choice: Decarbonize or risk losing customers.
www.canarymedia.com
January 26, 2026 at 8:39 PM
Anyone in #Canada selling swag off @mark-carney.bsky.social speech yet? A "Take Down the Sign" hat? Or too American?
@blakeshaffer.bsky.social
January 23, 2026 at 6:23 PM
Keeping an eye on this and hoping the EU holds firm on #CBAM. My read is that there's some chance of a fertilizer exemption but that's just the kernel of an idea right now.

www.spglobal.com/energy/en/ne...
www.spglobal.com
January 16, 2026 at 6:13 PM
Graham sanctions bill may be moving forward. Ideally, Graham would work with McCormick and adopt parts of the DROP Act.

www.politico.com/live-updates...
Trump has ‘greenlit’ Russia sanctions bill, Lindsey Graham says
The South Carolina Republican said the Senate could vote as soon as next week.
www.politico.com
January 8, 2026 at 2:04 AM
Here’s an interesting fact about the Venezuelan oil and gas sector: it’s ridiculously, off-the-charts dirty when it comes to methane emissions.

In some earlier work, we had to change the scale to show Venezuela’s methane emissions per unit of energy produced.
January 4, 2026 at 7:30 PM
I'd say the article answers the headline with a "yes", including quotes from @gzachmann.bsky.social at @bruegel.org.

www.barrons.com/news/europe-...
Europe Wanted Its Carbon Border Tax To Go Global -- Is It Working?
The EU's carbon border tax was designed to do more than clean up its own economy: it hoped to encourage trading partners to put a price on pollution as well.
www.barrons.com
December 29, 2025 at 6:29 PM
Reposted by Catherine Wolfram
Looks like the initial data on NYC congestion pricing say it’s working. 👏 🔌💡

#TalkAboutClimate

www.bloomberg.com/news/article...
New York's Congestion Pricing Is Working. Five Charts Show How
Nearly a year ago, New York City embarked on a controversial program to toll drivers entering some of Manhattan’s busiest streets. The goal of the congestion pricing plan, the first of its kind in the...
www.bloomberg.com
December 22, 2025 at 5:27 PM
EU expanding CBAM to cover several goods made with steel and aluminum.

giftarticle.ft.com/giftarticle/...
EU expands carbon border tax to garden tools and washing machines
Changes are intended to close loopholes in law to prevent carbon-intensive imports
giftarticle.ft.com
December 8, 2025 at 3:08 PM
Reposted by Catherine Wolfram
Households face annual costs of roughly $400–$900 from climate change—mainly from disasters, higher insurance, and energy costs—with lower-income families and certain regions hit disproportionately, from @kclausing.bsky.social, Knittel, and @cwolfram.bsky.social www.nber.org/papers/w34525
December 7, 2025 at 2:01 PM
Reposted by Catherine Wolfram
Faculty member @cwolfram.bsky.social efforts at #COP30 helped lead an international effort to strengthen and coordinate carbon markets reminding the U.S. carbon-pricing is "alive and well" globally.
New international coalition aims to strengthen carbon markets
"Carbon pricing is not dead," expert says of group led by Brazil with 18 members including China and the EU that have carbon markets.
buff.ly
December 2, 2025 at 5:21 PM
An @eenews.bsky.social report on the Open Coalition on Compliance Carbon Markets. (People who have heard me talk about these issues recently won't be surprised that I'm the expert in the subtitle!)

www.eenews.net/articles/new...
New international coalition aims to strengthen carbon markets
"Carbon pricing is not dead," expert says of group led by Brazil with 18 members including China and the EU that have carbon markets.
www.eenews.net
December 1, 2025 at 3:03 PM
Canada's pipeline deal seems poised to strengthen industrial carbon pricing in Alberta (though "weak" carbon pricing in Canada is ~USD 65/ton on the margin).

Go @mark-carney.bsky.social!

www.politico.com/news/2025/11...
Pipeline pledge anchors Carney’s sweeping deal with Alberta
Ottawa pulls back from Trudeau-era climate policy in a landmark deal with Premier Danielle Smith.
www.politico.com
November 28, 2025 at 5:58 PM
Really enjoyed this conversation with @jc-econ.bsky.social and Seth Carpenter. Thanks to @wendyedelberg.bsky.social for expert moderation and @brookings.edu for hosting!

The event has passed, but you can still watch the video.
Today November 24, faculty member @cwolfram.bsky.social will join @brookings.edu for a timely conversation on the evolving supply-side forces shaping inflation. Click the link to register for this online event. buff.ly/zxvqIxd
November 25, 2025 at 3:20 PM
Reposted by Catherine Wolfram
Climate inaction is ALREADY a big expense affecting US households' costs. One of the biggest? The impact of climate-related natural disasters on housing costs. New post and research by @kclausing.bsky.social @knittelmit.bsky.social @cwolfram.bsky.social

legal-planet.org/2025/11/20/c...
Climate Inaction is an Affordability Problem - Legal Planet
This post is authored by UCLA Law’s Kimberly A. Clausing along with guest contributors Christopher R. Knittel and Catherine Wolfram. Many of us have seen large increases in our homeowner’s insurance p...
legal-planet.org
November 20, 2025 at 5:28 PM
Reposted by Catherine Wolfram
🪴 Bruegel at COP30 Brazil
🗓️ 20 November 2025 17:00-18:00 (CET)

Join us at COP30 with @jzettelmeyer.bsky.social, Alissa M. Kleinnijenhuis, @tagliapietra.bsky.social, Ottmar Edenhofer, @cwolfram.bsky.social, @estellecantillon.bsky.social, @simonmundy.ft.com and Juliano Assunção

🔗 buff.ly/kseprVU
November 19, 2025 at 12:00 PM
Beautifully said by Daouda Sembene, PhD in this @cgdev.org blog post.

Im so happy to have Daouda on our Global Climate Policy Project at Harvard and MIT climate coalitions working group!

www.cgdev.org/blog/africa-...
Africa and Europe Must Turn Tensions over Carbon Trading Into Climate Opportunity
At the COP30 Leaders Summit last week many countries endorsed a declaration on the “Open Coalition on Compliance Carbon Markets.” The AU and EU should seize this momentum—jointly championing a new mod...
www.cgdev.org
November 13, 2025 at 3:54 PM
Happy to be interviewed by @folha.com over the weekend about Brazil’s Open Coalition on Compliance Carbon Markets.

The headline for the interview is (according to Google's translation), “The next step is to convince India, says the creator of a global carbon market.”
November 12, 2025 at 12:23 PM
Reposted by Catherine Wolfram
Próximo passo é convencer a Índia, diz Catherine Wolfram
Próximo passo é convencer a Índia, diz idealizadora de mercado global de carbono
Catherine Wolfram liderou grupo de trabalho de acadêmicos que estruturou funcionamento do mecanismo
www1.folha.uol.com.br
November 9, 2025 at 2:04 AM
The EU and China both endorse the Open Coalition - that's huge.
Carbon pricing is one of our best assets for the climate.

Over 80 countries now have a carbon price.

Today we launch the Open Coalition on Compliance Carbon Market.

Together with Brazil and other partners, let’s do it right, and let’s do it together.
November 9, 2025 at 2:19 PM
"EU, China Said to Join Brazil-Led Carbon Market Coalition"

So, so thrilled to see this come together! Huge congrats to Cristina Reis (MofF, Brazil) and her team for getting it done and lining up so many of the important countries.

Why is this important? A 🧵

www.bloomberg.com/news/article...
EU, China Said to Join Brazil-Led Carbon Market Coalition
The European Union and China agreed to join Brazil in a coalition aimed at improving collaboration on carbon markets — one of the main innovations the South American nation is bringing to the COP30 cl...
www.bloomberg.com
November 8, 2025 at 2:20 PM
So fun to work on this with @brookings.edu.
The podcast version of our BPEA paper on “Who bears the burden of climate inaction?” (thread below, with @cwolfram.bsky.social and @knittelmit.bsky.social) just dropped .

www.brookings.edu/articles/how...
October 23, 2025 at 3:56 PM
Nice coverage of Brazil's push "to create a coalition of nations that would charge domestic manufacturers for carbon emissions and tax some imports from countries not in the coalition." And it's formidable leader Cristina Reis!

#COP30

subscriber.politicopro.com/article/eene...
E&E News: Brazil to push for global coalition of countries with carbon fees
South America's largest nation named a respected figure to run its carbon market as it prepares to host international climate talks in November.
subscriber.politicopro.com
October 20, 2025 at 8:25 PM