Böhringer, Christoph; Carbone, Jared C.; Rutherford, … - 2012
The cost-effectiveness of unilateral emission abatement can be seriously hampered by emission leakage. We assess three … widely-discussed proposals for leakage reduction targeted at energy-intensive and trade-exposed industries: border tax … both efficiency and equity criteria matter. Border tax adjustments reduce leakage and provide global cost savings but …