Carbon tariffs for financing clean development

Climate Policy

Volumn 13, Issue 1, 2013, Pages 20-42

  Springmann, Marco ^a,b  

^a DIW BERLIN   (Germany)

^b UNIVERSITY OF OLDENBURG   (Germany)

Author keywords

border adjustments; carbon leakage; climate and trade; climate finance; development and climate; global economic model

Indexed keywords

ABATEMENT COST; BOTTOM-UP APPROACH; CARBON EMISSION; CLEAN DEVELOPMENT MECHANISM; DEVELOPING WORLD; ENVIRONMENTAL ECONOMICS; GLOBAL ECONOMY; GROSS DOMESTIC PRODUCT; IMPORT; TARIFF STRUCTURE; WELFARE IMPACT;

EID: 84870871179     PISSN: 14693062     EISSN: 17527457     Source Type: Journal    
DOI: 10.1080/14693062.2012.691223     Document Type: Article

References (53)

1. Alexeeva-Talebi, V., Anger, N., Löschel, A., 2010, Alleviating adverse implications of EU climate policy on competitiveness: the case for border tax adjustments or the clean development mechanism?, Discussion Paper No. 08-095, Centre for European Economic Research (ZEW), Mannheim, Germany.
2. Anger, N. 2008. Emissions trading beyond Europe: linking schemes in a post- Kyoto world. Energy Economics, 30(4): 2028-2049. (doi:10.1016/j.eneco.2007.08.002)
3. Armington, P. S. 1969. A theory of demand for products distinguished by place of production. International Monetary Fund Staff Papers, 16(1): 159-176. (doi:10.2307/3866403)
4. van Asselt, H. and Brewer, T. 2010. Addressing competitiveness and leakage concerns in climate policy: An analysis of border adjustment measures in the US and the EU. Energy Policy, 38(1): 42-51. (doi:10.1016/j.enpol.2009.08.061)
5. Babiker, M. H. and Rutherford, T. F. 2005. The economic effects of border measures in subglobal climate agreements. Energy Journal, 26(4): 99-126.
6. Böhringer, C., Carbone, J.C., Rutherford, T.F., 2011, Embodied carbon tariffs, Working Paper 17376, National Bureau of Economic Research, Cambridge, MA.
7. Böhringer, C., Fischer, C. and Rosendahl, K. E. 2010. The global effects of subglobal climate policies. BE Journal of Economic Analysis & Policy, 10(2): 1-31.
8. Böhringer, C., Hoffmann, T., Lange, A., Löschel, A. and Moslener, U. 2005. Assessing emission regulation in Europe: an interactive simulation approach. Energy Journal, 26(4): 1-22.
9. Burniaux, J. M., Chateau, J. and Duval, R. 2010. Is there a Case for Carbon-Based Border Tax Adjustment?: An Applied General Equilibrium Analysis, Paris, France: OECD.
10. Center for International Earth Science Information Network (CIESIN), 2002, Country-level GDP and Downscaled Projections based on the A1, A2, B1, and B2 Marker Scenarios, 1990-2100 [digital version]. Palisades, NY: CIESIN, Columbia University [available at http://www.ciesin.columbia.edu/datasets/downscaled, accessed 14 December 2011].
11. Dong, Y., Whalley, J., 2009, How large are the impacts of carbon motivated border tax adjustments, Working Paper 15613, National Bureau of Economic Research, Cambridge, MA.
12. Dröge, S. and Kemfert, C. 2005. Trade policy to control climate change: does the stick beat the carrot?. Vierteljahrshefte zur Wirtschaftsforschung, 74(2): 235-248. (doi:10.3790/vjh.74.2.235)
13. Eckersley, R. 2010. The politics of carbon leakage and the fairness of border measures. Ethics & International Affairs, 24(4): 367-393. (doi:10.1111/j.1747-7093.2010.00277.x)
14. European Parliament and the Council of the EU. 2009. Directive 2009/29/EC of the European Parliament and of the Council of 23 April 2009 amending Directive 2003/87/EC so as to improve and extend the greenhouse gas emission allowance trading sceme of the Community. Official Journal of the European Union 52(L, 140): 63-86.
15. 2 reductions and carbon leakage: the consequences of international trade in oil and basic materials. Journal of Environmental Economics and Management, 25(2): 162-176. (doi:10.1006/jeem.1993.1040)
16. Fischer, C., Fox, A.K., 2009, Comparing policies to combat emissions leakage: border tax adjustments versus rebates, Discussion Paper No. 09-02, Resources for the Future, Washington, DC.
17. Grubb, M. 2011. International climate finance from border carbon cost levelling. Climate Policy, 11(3): 1050-1057.
18. Ismer, R. and Neuhoff, K. 2007. Border tax adjustment: a feasible way to support stringent emission trading. European Journal of Law and Economics, 24(2): 137-164. (doi:10.1007/s10657-007-9032-8)
19. Izard, C. F., Weber, C. L. and Matthews, H. S. 2010. Primary and embedded steel imports to the US: implications for the design of border tax adjustments. Environmental Science & Technology, 44(17): 6563-6569. (doi:10.1021/es101010u)
20. Jotzo, F. and Michaelowa, A. 2002. Estimating the CDM market under the Marrakech Accords. Climate Policy, 2(2): 179-196. (doi:10.3763/cpol.2002.0219)
21. Kallbekken, S. 2007. Why the CDM will reduce carbon leakage. Climate Policy, 7(3): 197-211.
22. Kesicki, F. and Ekins, P. 2012. Marginal abatement cost curves: a call for caution. Climate Policy, 12(2): 219-236. (doi:10.1080/14693062.2011.582347)
23. Kuik, O. and Hofkes, M. 2010. Border adjustment for European emissions trading: competitiveness and carbon leakage. Energy Policy, 38(4): 1741-1748. (doi:10.1016/j.enpol.2009.11.048)
24. Levin, K., Bradley, R., 2010, Comparability of Annex I emission reduction pledges, Working Paper, World Resources Institute, Washington, DC.
25. Manders, T., Veenendaal, P., 2008, Border tax adjustments and the EU-ETS, Documents No. 171, CPB Netherlands Bureau for Economic Policy Analysis, The Hague, Netherlands.
26. Mattoo, A., Subramanian, A., van der Mensbrugghe, D., He, J., 2009, Reconciling climate change and trade policy, Working Paper 5123, Policy Research, World Bank, Washington, DC.
27. McKibbin, W.J., Wilcoxen, P.J., 2009, The economic and environmental effects of border tax adjustments for climate policy, Working Paper No. 1.09, International Economics, Lowy Institute for International Policy, Sydney, NSW, Australia.
28. Michaelowa, A. and Jotzo, F. 2005. Transaction costs, institutional rigidities and the size of the Clean Development Mechanism. Energy Policy, 33(4): 511-523. (doi:10.1016/j.enpol.2003.08.016)
29. Monjon, S. and Quirion, P. 2010. How to design a border adjustment for the European Union emissions trading system?. Energy Policy, 38(9): 5199-5207. (doi:10.1016/j.enpol.2010.05.005)
30. Moore, M. O. 2011. Implementing carbon tariffs: a fool's errand?. The World Economy, 34(10): 1679-1702. (doi:10.1111/j.1467-9701.2011.01406.x)
31. Morris, J., Paltsev, S. and Reilly, J. M. 2008. Marginal abatement costs and marginal welfare costs for greenhouse gas emissions reductions: Results from the EPPA model, Report No. 164, Joint Program on the Science and Policy of Global Change, Massachusetts Institute of Technology, Boston, MA
32. Narayanan, B. G. and Walmsley, T. L. 2008. Global Trade, Assistance, and Production: The GTAP 7 Data Base, Edited by: Narayanan, B. G. and Walmsley, T. L. West Lafayette, IN: Center for Global Trade Analysis, Purdue University. [available at www.gtap.agecon.purdue.edu/databases/v7/v7_doco.asp]
33. Paltsev, S., Reilly, J. M., Jacoby, H. D., Eckaus, R. S., McFarland, J., Sarofim, M., Asadoorian, M. and Babiker, M. 2005. The MIT emissions prediction and policy analysis (EPPA) model: Version 4, Report No. 125, Joint Program on the Science and Policy of Global Change, Massachusetts Institute of Technology, Boston, MA
34. 2 embodied in international trade with implications for global climate policy. Environmental Science & Technology, 42(5): 1401-1407. (doi:10.1021/es072023k)
35. Peters, G. P., Minx, J. C., Weber, C. L. and Edenhofer, O. 2011. Growth in emission transfers via international trade from 1990 to 2008. Proceedings of the National Academy of Sciences of the USA, 108(21): 8903-8908. (doi:10.1073/pnas.1006388108)
36. Peterson, E.B., Schleich, J., 2007, Economic and environmental effects of border tax adjustments, Working Paper No. S1/2007, Sustainability and Innovation, Fraunhofer ISI, Karlsruhe, Germany.
37. Rutherford, T.F., 2010a, GTAP7inGAMS Working Paper, Centre for Energy Policy and Economics, Department of Management, Technology and Economics, ETH Zurich, Zurich, Switzerland.
38. Rutherford, T.F., 2010b, Climate-linked tariffs: practical issues, Background Paper for 2nd TAIT Conference Climate Change, Trade and Competitiveness: Issues for the WTO, Geneva, Switzerland. Center for Trade and Economic Integration (CTEI), The Graduate Institute, Geneva [available at: http://www.wto.org/english/res_e/reser_e/climate_jun10_e/background_paper4_e.pdf].
39. Rutherford, T.F., Paltsev, S.V., 2000, GTAP-energy in GAMS: the dataset and static model, Working Paper No. 00-02, University of Colorado at Boulder, Boulder, CO.
40. Sikorski, T. 2011. Carbon Market Outlook, New York, NY: Barclays Capital.
41. Sindico, F. 2008. The EU and carbon leakage: how to reconcile border adjustments with the WTO?. European Energy and Environmental Law Review, 17: 328-340.
42. Springmann, M., 2011, Carbon Tariffs to Finance Clean Development, ECHO Magazine 4, AXA Research Fund, 14-17.
43. Tamiotti, L. 2011. The legal interface between carbon border measures and trade rules. Climate Policy, 11(5): 1202-1211. (doi:10.1080/14693062.2011.592672)
44. UN, 2010, Revenue options from carbon-related sources, Work Stream 3 Paper, United Nations Secretary-General's High-level Group on Climate Change Financing (AGF), United Nations, New York, NY [available at http://www.un.org/wcm/webdav/site/climatechange/shared/Documents/AGF_reports/Work_Stream_3_Revenues%20from%20Carbon%20Related%20Sources.pdf].
45. UNFCCC. 2008. Report of the Conference of the Parties on its Thirteenth Session, held in Bali from 3 to 15 December 2007, Addendum, Part Two: Action taken by the Conference of the Parties at its Thirteenth Session, FCCC/CP/2007/6/Add.1*, UNFCCC Secretariat, Bonn, Germany
46. UNFCCC. 2010. Report of the Conference of the Parties on its Fifteenth Session, held in Copenhagen from 7 to 29 December 2009, Addendum, Part Two: Action taken by the Conference of the Parties at its Fifteenth Session, FCCC/CP/2009/11/Add.1, UNFCCC Secretariat, Bonn, Germany
47. UNFCCC. 2011. Report of the Conference of the Parties Serving as the Meeting of the Parties to the Kyoto Protocol on its Sixth Session, held in Cancun from 29 November to 19 December 2010, Addendum, Part Two: Action taken by the Conference of the Parties Serving as the Meeting of the Parties to the Kyoto Protocol at its Sixth Session, FCCC/KP/CMP/2010/12/Add.1, UNFCCC Secretariat, Bonn, Germany
48. van Asselt, H. and Biermann, F. 2007. European emissions trading and the international competitiveness of energy-intensive industries: a legal and political evaluation of possible supporting measures. Energy Policy, 35(1): 497-506. (doi:10.1016/j.enpol.2005.12.013)
49. Voituriez, T. and Wang, X. 2011. Getting the carbon price right through climate border measures: a Chinese perspective. Climate Policy, 11(5): 1257-1261. (doi:10.1080/14693062.2011.601615)
50. Wetzelaer, B. J.H.W., van der Linden, N. H., Groenenberg, H. and de Coninck, H. C. 2007. GHG marginal abatement cost curves for the non-annex I region, Report ECN-E-06-060, Energy Research Center of the Netherlands (ECN), Petten, Netherlands
51. Winchester, N. 2011. The impact of border carbon adjustments under alternative producer responses, Report No. 192, Joint Program on the Science and Policy of Global Change, Massachusetts Institute of Technology, Boston, MA
52. Winchester, N., Paltsev, S. and Reilly, J. M. 2011. Will border carbon adjustments work?. The BE Journal of Economic Analysis & Policy, 11(1): Article 7, 1-27.
53. World Bank. 2011. State and Trends of the Carbon Market 2011 Washington, DC