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From its initial focus on minimizing waste generation, the circular economy has evolved into a broad-based approach to make resource use more sustainable. A big part of the appeal of a circular economy is the opportunities it creates not only for resource savings and better human health and...
Persistent link: https://www.econbiz.de/10012249342
This paper is the first to estimate the effect of two international agreements (Rotterdam Convention, RC, and the Stockholm Convention, SC) in reducing trade in hazardous substances. We estimate the effects of ratification of these agreements on imports of the affected products putting emphasis...
Persistent link: https://www.econbiz.de/10011774922
) emissions and the whole renewable strategy has become one of the most controversial issues. RED requires that the greenhouse gas … emissions associated with production and use of biofuels are at least 35% lower than those associated with the production and … applied within the EU. In a recent working paper, we analyze the GHG emissions savings potential of rapeseed biodiesel. For …
Persistent link: https://www.econbiz.de/10009569651
Alternative perspectives on the structure of international trade have important implications for the evaluation of climate policy. In this paper we assess climate policy in the context of three important alternative trade formulations. First is a Heckscher‐Ohlin model based on trade in...
Persistent link: https://www.econbiz.de/10013013243
If the EU is to achieve its ambitious climate protection targets, prices for greenhouse gas emissions will rise … production, the consequences for the volume of emissions are also calculated. The carbon price increase is found to effectively … bring down emissions, though with non-negligible leakage effects and at very heterogenous costs, both across countries and …
Persistent link: https://www.econbiz.de/10012692408
Since the third phase of the European Emission Trading system, sectors that are classified as carbon leakage risky receive all allowances for free up to a specific benchmark. In contrast, sectors that are not classified as being at risk, face an increasing share of allowances that are needed to...
Persistent link: https://www.econbiz.de/10013220162
The EU is considering implementing a Carbon Border Adjustment Mechanism. To inform the policy decision, we assess eight energy-intensive trade-exposed sectors in depth to distill what their characteristics imply for the shape of an ideal mechanism. The results highlight the difficulty of finding...
Persistent link: https://www.econbiz.de/10013234853
quantitative FDI model by Anderson et al. (2019). Overall, we find relatively small effects on EU exports, GDP and CO2 emissions …
Persistent link: https://www.econbiz.de/10013274299
price is set across all nations, which can choose either a carbon tax or an emissions trading price floor, with any carbon … otherwise uncertain global emissions caps, but total global emissions can be regulated nevertheless, by monitoring emissions and … window of historical responsibility for fossil fuel emissions. Collected revenue is disbursed for climate funding based on a …
Persistent link: https://www.econbiz.de/10014161082
In October 2023, the EU Carbon Border Adjustment Mechanism (CBAM), a part of the reform of the European Emissions … them. The CBAM plans to gradually replace free allowances with a price on the carbon emissions embedded in imports …. Following a transitional-primarily monitoring- phase, this price on embedded emissions will be gradually introduced from 2026 on …
Persistent link: https://www.econbiz.de/10014294917