In the past, there has been debate about why the U.S. should lead on climate change if China, India, and other high emitting countries don’t cut their own emissions. Our plan addresses this concern through a border carbon adjustment that protects the competitiveness of American businesses and applies market pressure on other nations to do their part or risk losing market share in the U.S. Instituting a system of border carbon adjustments will enhance the competitiveness of more carbon-efficient U.S.-based companies compared to their less efficient counterparts overseas. Equally important, a nationwide carbon fee would encourage technological breakthroughs that the U.S. can export around the world, positioning American as the leader of the next generation of clean energy technologies. This innovation is the key to solving global climate change.