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DOI | 10.1038/s41558-023-01606-7 |
Carbon emissions and economic impacts of an EU embargo on Russian fossil fuels | |
Liu, Li-Jing; Jiang, Hong-Dian; Liang, Qiao-Mei; Creutzig, Felix; Liao, Hua; Yao, Yun-Fei; Qian, Xiang-Yan; Ren, Zhong-Yuan; Qing, Jing; Cai, Qi-Ran; Edenhofer, Ottmar; Wei, Yi-Ming | |
发表日期 | 2023 |
ISSN | 1758-678X |
EISSN | 1758-6798 |
起始页码 | 290 |
结束页码 | + |
卷号 | 13期号:3页码:10 |
英文摘要 | The Russia-Ukraine conflict lays bare the dependence of the European Union (EU) on fossil fuel imports from Russia. Here, we use a global computable general equilibrium model, C(3)IAM/GEEPA, to estimate CO2 emission and gross domestic product (GDP) impact of embargoing fossil fuels from Russia. We find that embargoes induce more than 10% reduction of CO2 emissions in the EU and slight increases of emissions in Russia, while both regions experience GDP losses (around 2% for the EU and about 5% for Russia, ignoring the relative impact of other sanctions). Reacting to increasing energy prices with demand-side response inside the EU would increase CO2 emission savings, while turning GDP losses into gains. Implementing a partial embargo with tariffs largely compensates for lost government revenue. An EU embargo on Russian fossil fuels would lead to a rapid decrease in fossil fuel combustion, GHG emissions reductions and potential economic losses. This analysis quantifies such effects, while also demonstrating how demand-side responses could offset the negative shock. |
学科领域 | Environmental Sciences; Environmental Studies; Meteorology & Atmospheric Sciences |
语种 | 英语 |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
WOS记录号 | WOS:000926394000005 |
来源期刊 | NATURE CLIMATE CHANGE |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/274041 |
作者单位 | Beijing Institute of Technology; Beijing Institute of Technology; China University of Geosciences; Technical University of Berlin; Sinopec; China National Petroleum Corporation; Potsdam Institut fur Klimafolgenforschung |
推荐引用方式 GB/T 7714 | Liu, Li-Jing,Jiang, Hong-Dian,Liang, Qiao-Mei,et al. Carbon emissions and economic impacts of an EU embargo on Russian fossil fuels[J],2023,13(3):10. |
APA | Liu, Li-Jing.,Jiang, Hong-Dian.,Liang, Qiao-Mei.,Creutzig, Felix.,Liao, Hua.,...&Wei, Yi-Ming.(2023).Carbon emissions and economic impacts of an EU embargo on Russian fossil fuels.NATURE CLIMATE CHANGE,13(3),10. |
MLA | Liu, Li-Jing,et al."Carbon emissions and economic impacts of an EU embargo on Russian fossil fuels".NATURE CLIMATE CHANGE 13.3(2023):10. |
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