Will Border Carbon Adjustments Work?
Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/).
| Main Authors: | , , |
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| Format: | Technical Report |
| Language: | en_US |
| Published: |
MIT Joint Program on the Science and Policy of Global Change
2010
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| Online Access: | http://globalchange.mit.edu/pubs/abstract.php?publication_id=2033 http://hdl.handle.net/1721.1/54750 |
| _version_ | 1811086107266252800 |
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| author | Reilly, John Paltsev, Sergey Winchester, Niven |
| author_facet | Reilly, John Paltsev, Sergey Winchester, Niven |
| author_sort | Reilly, John |
| collection | MIT |
| description | Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/). |
| first_indexed | 2024-09-23T13:21:01Z |
| format | Technical Report |
| id | mit-1721.1/54750 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T13:21:01Z |
| publishDate | 2010 |
| publisher | MIT Joint Program on the Science and Policy of Global Change |
| record_format | dspace |
| spelling | mit-1721.1/547502019-04-12T23:37:56Z Will Border Carbon Adjustments Work? Reilly, John Paltsev, Sergey Winchester, Niven Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/). The potential for greenhouse gas (GHG) restrictions in some nations to drive emission increases in other nations, or leakage, is a contentious issue in climate change negotiations. We evaluate the potential for border carbon adjustments (BCAs) to address leakage concerns using an economy-wide model. For 2025, we find that BCAs reduce leakage by up to two-thirds, but result in only modest reductions in global emissions and significantly reduce welfare. In contrast, BCA-equivalent leakage reductions can be achieved by very small emission charges or efficiency improvements in nations targeted by BCAs, which have negligible welfare effects. We conclude that BCAs are a costly method to reduce leakage but such policies may be effective coercion strategies. We also investigate the impact of BCAs on sectoral output and evaluate the leakage contributions of trade and changes in the price of crude oil. This study received support from the MIT Joint Program on the Science and Policy of Global Change, which is funded by a consortium of government, industry and foundation sponsors. 2010-05-11T15:26:21Z 2010-05-11T15:26:21Z 2010-02 Technical Report http://globalchange.mit.edu/pubs/abstract.php?publication_id=2033 http://hdl.handle.net/1721.1/54750 Report No. 184 en_US ;Report No. 184 application/pdf MIT Joint Program on the Science and Policy of Global Change |
| spellingShingle | Reilly, John Paltsev, Sergey Winchester, Niven Will Border Carbon Adjustments Work? |
| title | Will Border Carbon Adjustments Work? |
| title_full | Will Border Carbon Adjustments Work? |
| title_fullStr | Will Border Carbon Adjustments Work? |
| title_full_unstemmed | Will Border Carbon Adjustments Work? |
| title_short | Will Border Carbon Adjustments Work? |
| title_sort | will border carbon adjustments work |
| url | http://globalchange.mit.edu/pubs/abstract.php?publication_id=2033 http://hdl.handle.net/1721.1/54750 |
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