Potential integration of Chinese and European emissions trading market: welfare distribution analysis
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The EU climate neutrality target requires substantial changes in the energy system, and the transition toward deep decarbonisation might adversely affect economic activities. The proposal to implement the Carbon Border Adjustment Mechanism (CBAM) aims to s ...
The European Union (EU) recently ratcheted its climate ambition to net-zero emissions by 2050, with a milestone of 55% emissions cuts in 2030. This study carries out a model inter-comparison to assess the EU’s path, from “Fit for 55” in 2030 to an intermed ...
In this paper, we propose setting up a fund to finance the removal of all Swiss territorial GHG (greenhouse gas) emissions from 2030. The fund will accelerate decarbonization and help reach annual net zero emissions around 2040, and then progressively remo ...
To play its part in global efforts to solve the climate crisis, global aviation would need to reduce passenger flight volumes to 1984 levels and set up a new fund to finance carbon removal projects. This would require significant adjustments for companies ...
The Paris agreement on climate change called for carbon neutrality as of 2050. The built environment is one of the major contributors to the greenhouse effect, representing 39% of global emissions. As a result, this sector is targeted by green standards an ...
The Swiss Negative Emissions Fund, entirely paid for by polluters, can significantly accelerate Swiss decarbonization and efficiently remove limited remaining emissions ...
As an instrument to minimize carbon leakage, the effects and feasibility of Carbon Border Adjustments Mechanism (CBAM) will depend on multiple design options. While the EU has committed to introducing CBAM as part of its green climate deal, pursuing climat ...
Decision makers recognize the importance of lifestyle changes in reaching low emission targets but how the abatement potential of changes in diets, mobility or housing compare to ambitious technical measures in the transition toward decarbonisation, is not ...
As an instrument to minimize carbon leakage, the effects and feasibility of Carbon Border Adjustments Mechanism (CBAM) will depend on multiple design options. While the EU has committed to introducing CBAM as part of its green climate deal, pursuing climat ...
Central to the aims of the Paris Agreement, a multilateral coordinated action through integrated carbon markets has been a practical bottom up option for effective and efficient mitigation. This paper quantifies the welfare effects of potential integration ...