We summarise the results of our study employing a quantitative trade model to assess the implications of the EU carbon … equilibrium effects of the introduction of a tariff on carbon-intensive products on European Union (EU) and European Free Trade … Association (EFTA) members and nonmembers are assessed. For the EU, we find an increase in the terms of trade and consequently …

Increasing production of green technologies in the EU holds great potential for the European economy. This study uses … trade data and input-output tables to estimate the impacts on GDP and employment of reshoring to the EU the production of … show that reshoring these five technologies would increase EU GDP by EUR 18.4 billion, or 0.13% of EU GDP, and create 242 …