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The European Union's CBAM: averting emissions leakage or promoting the diffusion of carbon pricing?

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  • Michael A Mehling
  • Geoffroy Dolphin
  • Robert A Ritz

Abstract

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Suggested Citation

  • Michael A Mehling & Geoffroy Dolphin & Robert A Ritz, 2024. "The European Union's CBAM: averting emissions leakage or promoting the diffusion of carbon pricing?," Working Papers EPRG2416, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
  • Handle: RePEc:enp:wpaper:eprg2416
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    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2024/10/eprg-wp2416.pdf
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    References listed on IDEAS

    as
    1. Fischer, Carolyn & Fox, Alan K., 2012. "Comparing policies to combat emissions leakage: Border carbon adjustments versus rebates," Journal of Environmental Economics and Management, Elsevier, vol. 64(2), pages 199-216.
    2. Stuart Evans & Michael A. Mehling & Robert A. Ritz & Paul Sammon, 2021. "Border carbon adjustments and industrial competitiveness in a European Green Deal," Climate Policy, Taylor & Francis Journals, vol. 21(3), pages 307-317, March.
    3. Geoffroy Dolphin & Michael G Pollitt & David M Newbery, 2020. "The political economy of carbon pricing: a panel analysis," Oxford Economic Papers, Oxford University Press, vol. 72(2), pages 472-500.
    4. Rhodes, Ekaterina & Axsen, Jonn & Jaccard, Mark, 2017. "Exploring Citizen Support for Different Types of Climate Policy," Ecological Economics, Elsevier, vol. 137(C), pages 56-69.
    5. Alice Pirlot, 2022. "Carbon Border Adjustment Measures: A Straightforward Multi-Purpose Climate Change Instrument?," Journal of Environmental Law, Oxford University Press, vol. 34(1), pages 25-52.
    6. Antonella Forganni & Heidi Reed, 2019. "Circumvention of Trade Defence Measures and Business Ethics," Journal of Business Ethics, Springer, vol. 155(1), pages 29-40, March.
    7. Dechezleprêtre, Antoine & Nachtigall, Daniel & Venmans, Frank, 2023. "The joint impact of the European Union emissions trading system on carbon emissions and economic performance," Journal of Environmental Economics and Management, Elsevier, vol. 118(C).
    8. Golombek, Rolf & Hagem, Cathrine & Hoel, Michael, 1995. "Efficient incomplete international climate agreements," Resource and Energy Economics, Elsevier, vol. 17(1), pages 25-46, May.
    9. Perdana, Sigit & Vielle, Marc, 2022. "Making the EU Carbon Border Adjustment Mechanism acceptable and climate friendly for least developed countries," Energy Policy, Elsevier, vol. 170(C).
    10. Babiker, Mustafa H., 2005. "Climate change policy, market structure, and carbon leakage," Journal of International Economics, Elsevier, vol. 65(2), pages 421-445, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    CBAM; carbon pricing; carbon leakage; environment-trade nexus; European Union;
    All these keywords.

    JEL classification:

    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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