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DOI10.1016/j.enpol.2021.112596
A simple fix for carbon leakage? Assessing the environmental effectiveness of the EU carbon border adjustment
Mörsdorf G.
发表日期2022
ISSN0301-4215
卷号161
英文摘要As part of its ambitious European Green Deal package, which aims to accelerate the EU's transition to climate neutrality, the European Commission has proposed a “carbon border adjustment mechanism” to address the risk of carbon leakage. In order to evaluate the effectiveness of the measure, this study models and compares three versions of a carbon border adjustment in a Computable General Equilibrium framework. The analysis shows that the Commission's proposal, which does not cover indirect emissions and is limited to imports, would reduce carbon leakage to a similar extent (by around one third) as the current free allocation system, which it would replace. However, it would generate substantial revenues (of up to 32 bn USD annually) that could be used to support low-carbon innovation and international climate finance. The analysis also shows that alternative versions of the carbon border adjustment, which would cover indirect emissions and grant export rebates on carbon costs, would further increase the measure's effectiveness; but that these gains should be weighed against the legal and political risks incurred. © 2021 Elsevier Ltd
英文关键词Carbon border adjustment; Carbon leakage; Computable general equilibrium; Energy-intensive industries; EU climate Policy
语种英语
scopus关键词Risk assessment; A-carbon; Carbon border adjustment; Carbon leakage; Climate policy; Computable general equilibrium; Energy intensive industries; Environmental effectiveness; EU climate policy; European Commission; Simple++; Carbon; carbon emission; comparative study; computable general equilibrium analysis; environmental policy; European Union; leakage; Europe
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256423
作者单位European Commission; Ludwig-Maximilians-Universität München, Department of Economics, Geschwister-Scholl-Platz 1, München, 80539, Germany
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Mörsdorf G.. A simple fix for carbon leakage? Assessing the environmental effectiveness of the EU carbon border adjustment[J],2022,161.
APA Mörsdorf G..(2022).A simple fix for carbon leakage? Assessing the environmental effectiveness of the EU carbon border adjustment.Energy Policy,161.
MLA Mörsdorf G.."A simple fix for carbon leakage? Assessing the environmental effectiveness of the EU carbon border adjustment".Energy Policy 161(2022).
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