Pricing Carbon and Valuing Damages

Pricing Carbon & Valuing Damages

Alliance members are incentivizing cost-effective emissions reductions by setting prices or caps on carbon pollution while also considering societal and environmental impacts of greenhouse gas emissions and climate change, including the social cost of greenhouse gases, across relevant policy-making and decision-making processes.

Pricing Carbon & Valuing Damages | Governor Inslee at Miller Community Center in Washington

Member Action

Pricing Carbon & Valuing Damages

Below are tallies of the number of members that have adopted or are in the process of adopting statutory and executive policies and actions.

For the most up-to-date, in-depth breakdown of pricing carbon and valuing damages actions across our membership, explore the Alliance Policy Database.

Did You Know?

Member Spotlight

Vermont Advances Implementation of Climate Superfund Cost Recovery Program

In May 2024, Vermont enacted the Climate Superfund Act, establishing the Climate Superfund Cost Recovery Program at the Agency of Natural Resources. This program authorizes the state to recover financial damages from fossil fuel companies for the impacts of climate change to Vermont.
A Guide for State Officials

August 2022

A Guide for State Officials

August 2022

Report | 2024

U.S. Climate Alliance 2024 Annual Report | No Turning Back | Report details how a surge of investment, collaboration, and action from the Alliance’s 24 member states and territories is eliminating harmful climate pollution, growing the economy, and transforming communities across America.
2024 Annual Report | No Turning Back

America’s Governors Confronting the Climate Crisis & Building a Brighter Future

Letter | 2023

The U.S. Climate Alliance submitted a letter to the U.S. Environmental Protection Agency (EPA) to support the inclusion and utilization of updated estimated values for the social cost of greenhouse gases (SC-GHGs), a key metric in assessing the true cost of climate damages.
U.S. Climate Alliance Encourages EPA to Update Social Cost of Greenhouse Gases Estimates

The U.S. Climate Alliance submitted a letter to the U.S. Environmental Protection Agency to support the inclusion and utilization of updated estimated values for the social cost of greenhouse gases (SC-GHGs).