We estimate CO2 implicitly contained in traded commodities based on the GTAP 7 data: While net carbon imports into the industrialized countries amount to 15% of their total emissions, net carbon exports of the developing countries amount to 12% of their total emissions, and net carbon exports of...

Am 14. Juli 2021 hat die EU-Kommission den CO2-Grenzausgleichsmechanismus (Carbon Border Adjustment Mechanism, CBAM) als Teil ihres klimapolitischen Fit-for-55-Pakets vorgestellt. Die EU-Kommission hatte dieses handelspolitische Instrument 2019 im Rahmen des Green Deals angekündigt, um...

Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude of the welfare impact of subsidy reform and its...

To date, border adjustment measures in the form of emissions allowance requirements (EAR) under the U.S. proposed cap-and-trade regime are the most concrete unilateral trade measure put forward to level the carbon playing field. If improperly implemented, such measures could disturb the world...

The focus of the Report Reconciling Carbon pricing and Energy Policies in Developing Countries is how the objective of reducing emissions can be pursued alongside the priorities reflected in the energy policies of developing countries. The Report for Practitioners summarizes the Report's main...

This article explores whether altruistic preferences toward households in poor high-temperature countries stimulate global warming policies within rich low-temperature countries that avoids damage from global warming. The article analyzes optimal carbon taxes on commodities within such rich...