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Étiqueté : carbon leakage

Carbon leakage: Options for the EU

This CEPS Special Report builds on the first deliverable of the project entitled “Carbon leakage: Options for the EU”. It identifies carbon costs, and the ability to pass through carbon costs, as the main risk factors that could lead from asymmetrical carbon policies to carbon leakage. It also outlines and evaluates, based on criteria discussed in the paper, options for detecting and mitigating the risk of carbon leakage in three jurisdictions, with special attention to the EU ETS…

Would Border Carbon Adjustments prevent carbon leakage and heavy industry competitiveness losses ?

Would Border Carbon Adjustments prevent carbon leakage and heavy industry competitiveness losses ? Insights from a meta-analysis of recent economic studies  / Frédéric Branger & Philippe Quirion. Paris : CIRED, September 2013, 26 p. (DT/WP No 2013-52) http://www.centre-cired.fr/IMG/pdf/CIREDWP-201352.pdf Authors’s abstract : The efficiency of unilateral climate policies...

The European Union Emissions Trading System : should we throw the flagship out with the bathwater ?

The European Union Emissions Trading System (EU-ETS), presented as the “flagship’’ of European climate policy, is subject to many criticisms from different stakeholders. Criticisms include the insufficient carbon emissions reduction, the competitiveness losses and the induced carbon leakages, the unfair distributional effects, the frauds and the existence of several other overlapping climate policy instruments…

Unilateral climate policy: Can OPEC resolve the leakage problem?

In the abscence of a global agreement to reduce greenhouse gas emissions, individual countries have introduced national climate policies. Unilateral action involves the risk of relocating emissions to regions without climate regulations, i.e., emission leakage. A major channel for leakage are price changes in the international oil market. Previous studies on leakage have assumed competitive behaviour in this market. Here, we consider alternative assumptions about OPEC’s behaviour in order to assess how these affect leakage and costs of unilateral climate policies…

Carbon leakage and capacity-based allocations. Is the EU right?

Countries which currently are, or are in the process of, implementing a national or regional cap and trade CO2 scheme are following alternatives routes in a number of ways: coverage, cap/target, allocation of allowances, measures to manage price volatility, offsets, measures to address competitiveness and leakage…