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The carbon border adjustment mechanism (CBAM) of the European Union (EU) may become a significant global climate policy milestone. The EU trade partners most willing to accept CBAM could help it gain the critical mass necessary for survival and broader adoption. The cooperation of the world's...
Persistent link: https://www.econbiz.de/10014577888
This open access book explores climate change impacts, adaptation, and mitigation in Central Asia and discusses policy options for the Central Asian governments. To address the urgent need for local scholarship on climate change in Central Asia, and in particular the need for more research by...
Persistent link: https://www.econbiz.de/10014248152
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We find that both economic theory and empirical results show that carbon border adjustment mechanisms (CBAMs) will be ineffective at meeting global carbon emissions goals. The consensus of 12 computable general equilibrium (CGE) model estimates is that CBAMs can be expected to reduce (but not...
Persistent link: https://www.econbiz.de/10014078088
We find that both economic theory and empirical results show that carbon border adjustment mechanisms (CBAMs) will be ineffective at meeting global carbon emissions goals. The consensus of 12 computable general equilibrium (CGE) model estimates is that CBAMs can be expected to reduce (but not...
Persistent link: https://www.econbiz.de/10014078988
The window of opportunity for mitigating climate change is narrow. Limiting global warming to 1.5 °C will require rapid and deep alteration of attitudes, norms, incentives, and politics. Some of the key climate-change and energy transition puzzles are therefore in the realm of the social...
Persistent link: https://www.econbiz.de/10014102447