Number: R40100 Title: "Carbon Leakage" and Trade: Issues and Approaches Authors: Larry Parker, Specialist in Energy and Environmental Policy; John Blodgett, Specialist in Environmental Policy Abstract: There are three basic approaches, which are not mutually exclusive, to assist greenhouse gasintensive, trade-exposed industries: (1) directly supporting domestic industries; (2) penalizing foreign competitors; and (3) developing alternative sectoral approaches. Importantly, these are presumably transitional actions, pending some international agreement that "levels the playing field." Pages: 40 Date: December 19, 2008