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Unilateral emission reduction commitments raise concerns on international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy-intensive and trade-exposed industries. Our analysis illustrates the potential pitfalls of climate policy design...
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World Trade Organization accession alone will increase environmental pollution in Russia through a shift toward dirty …This report investigates the environmental impacts of Russia's accession to the World Trade Organization. A 10-region … contains foreign direct investment, imperfectly competitive sectors, and endogenous productivity effects triggered by World …
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In a world where the prospects of a global agreement to control greenhouse gas emissions are bleak, the idea of using … policy to the developing world. …
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Political feasibility of emission trading systems may crucially depend on the free initial allocation of emission allowances to energy-intensive industries in order to ameliorate adverse production and employment effects. We investigate the potential trade-off between such compensation and...
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