climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions … TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution … introduced by the EU ETS has caused carbon leakage in European manufacturing. We compute trade flows in embodied carbon and value …

policy, the EU burden sharing agreement and the UK Climate Change Agreements feature this incentive scheme. There is only a …

goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax …

The European Green Deal, initiated by the EU Commission, is a package of measures aimed at decarbonization and … must be made to build a solid basis for the current national and EU-level economic stimulus packages. Investments in … not importing fossil fuels. The German EU Council Presidency (its term lasting from July to December 2020) faces the …