unilateral climate policies. Embodied carbon tariffs tax the direct and indirect carbon emissions embodied in imported goods. The …, carbon tariffs could substantially extend the reach of OECD climate policies. We investigate this claim by simulating the … effects of embodied carbon tariffs with a computable general equilibrium model of global trade and energy use. We find that …

In the absence of effective world-wide cooperation to curb global warming, import tariffs on embodied carbon have been … proposed as a potential supplement to unilateral emissions pricing. We consider alternative designs for such tariffs, and … global trade and energy. Our analysis suggests that the most cost-efficient policy could be region-specific tariffs on all …