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We carry out a detailed sensitivity analysis of border carbon adjustment (rates) by applying a global Computable General Equilibrium (CGE) GTAP7-based model. We find different incentives for the regions in the climate coalition to raise carbon-based border tax rates (BTAX) above the standard...
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Because of large economic and environmental asymmetries among world regions and the incentive to free ride, an … additionally an "equal loss" Scenario where welfare losses relative to a Business as usual Scenario are equal for all Major world …
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