Nat Keohane and Cedric Philibert discuss cost containment strategies for a cap-and-trade program

On June 29, the German Marshall Fund hosted an all-morning workshop on Capitol Hill for congressional staff titled "Cost Containment: Options for Managing the Costs of Cap-and-Trade." The event was an opportunity to focus on one of the most contentious issues of the U.S. cap-and-trade debate: how to prevent carbon allowance prices that are too high, too low, or too volatile. Some of the discussion was captured for the GMF Podcast Series.