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DOI10.1016/j.enpol.2023.113454
Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results
Clora, Francesco; Yu, Wusheng; Corong, Erwin
发表日期2023
ISSN0301-4215
EISSN1873-6777
卷号174页码:14
英文摘要The European Union (EU) recently declared its intention to implement a carbon border adjustment mechanism (CBAM) to address carbon leakage and competitiveness concerns associated with elevated climate ambitions in its Green Deal. Current literature points to uncertainties regarding the CBAM's effectiveness and compatibility with international trade rules. This study numerically evaluates how alternative EU CBAM designs under various international reactions affect global and regional GHG emissions, outputs and trade flows. Our modeling results confirm substantial carbon leakages and output reductions in the EU's emissionsintensive trade-exposed (EITE) sectors when implementing the Green Deal. We find that the design of the CBAM matters: while a non-discriminatory CBAM based on the EU's own scope 1 emission intensities fails to effectively reduce leakages, an 'aggressive' CBAM based on exporters' scope 1 & 2 emission intensities can achieve such goal (albeit with potentially high implementation cost). International retaliations by non-EU countries can only partially offset the EU's gains from the 'aggressive' CBAM, while their cooperation can result in smaller losses to the EU EITE sectors and lower leakages. Finally, the CBAM cannot change within-EU imbalances in the EITE sectors, as several EU members lose EITE outputs consistently in all scenarios with and without retaliations.
英文关键词Carbon leakage; Carbon border adjustment; Computable general equilibrium model; European Union
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000927555200001
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/272299
作者单位University of Copenhagen; Purdue University System; Purdue University; Purdue University West Lafayette Campus
推荐引用方式
GB/T 7714
Clora, Francesco,Yu, Wusheng,Corong, Erwin. Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results[J],2023,174:14.
APA Clora, Francesco,Yu, Wusheng,&Corong, Erwin.(2023).Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results.ENERGY POLICY,174,14.
MLA Clora, Francesco,et al."Alternative carbon border adjustment mechanisms in the European Union and international responses: Aggregate and within-coalition results".ENERGY POLICY 174(2023):14.
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