| ID | 191244 |
| Title Proper | Alternative carbon border adjustment mechanisms in the European Union and international responses: |
| Other Title Information | Aggregate and within-coalition results |
| Language | ENG |
| Author | Clora, Francesco |
| Summary / Abstract (Note) | 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. |
| `In' analytical Note | Energy Policy Vol. 174 ; Mar 2023: p.113454 |
| Journal Source | Energy Policy 2023-03 174 |
| Key Words | European Union ; Computable General Equilibrium Model ; Carbon Leakage ; Carbon Border Adjustment |