Carbon leakage can undermine the effectiveness of domestic climate policies and, if perceived as a significant risk, could even prevent their implementation. This concern also …
International trade affects CO2 emissions by redistributing production activities to places where the emission intensities are different from the place of consumption. This study …
The low-carbon transition is a specific type of rapid structural change where low-emission industries grow and high-emission industries decline due to deliberate policies, changing …
Implementation of CBAM to support EU climate neutrality by 2050 has raised several concerns. As the mechanism aims to minimise leakage through equal fairness in global …
Nordic countries are often recognized as leaders in climate-sustainability. A potential dissonance exists, however, between this perception and the measured sustainability of …
In a trade model with endogenous emissions abatement, we investigate the impact of three policy instruments aimed at mitigating carbon leakage: free emission allowances, a Carbon …
This paper analyzes the cross-border risks that could result from a decarbonization of the world economy. We develop a typology of cross-border risks and their respective channels …
L Chu, TN Do, THL Le, QA Ho, K Dang - Energy Policy, 2024 - Elsevier
Carbon pricing has recently gained further momentum from the European Union (EU)'s plan for the Carbon Border Adjustment Mechanism (CBAM). The CBAM aims to align the …
Global decarbonization has large implications for trade and financial flows, and with few economies likely to be more affected than those relying heavily on exporting fossil fuels. This …