NAFTA and climate change

This book assesses the challenges facing the three North American Free Trade Agreement (NAFTA) partners in reducing greenhouse gas emissions and considers the implications of climate initiatives in each country for North American economic integration. Each NAFTA member has its own priorities in enacting climate laws and regulations, and a number of regional, state, and provincial policy measures have already been adopted. While these varying laws and regulations pose the risk of new frictions in North American trade and investment, they also create incentives for cooperation to maximize greenhouse gas reductions and minimize economic dislocations. The study concludes with recommendations on how the three countries can better use NAFTA to advance their complementary economic and environmental objectives. --Book Jacket.