climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions … TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution … introduced by the EU ETS has caused carbon leakage in European manufacturing. We compute trade flows in embodied carbon and value …

competing usages. For this reason, the European Union (EU) adopted the Marine Strategy Framework Directive (MSFD), which is to … guide future maritime policy in the EU and aims at achieving or maintaining a good environmental status (GES) of the … ; environmental valuation ; EU Marine Strategy Framework Directive ; Europe …