Carbon border adjustment mechanism aims to level the playing field and reduce carbon
leakage through import taxes and/or export subsidies based on the carbon content for …

Abstract Nobel Memorial Prize winner William Nordhaus and others have proposed a
climate club as the ultimate climate-mitigation measure. Meanwhile, the European Union …

Abstract The European Union (EU) plans to activate a carbon border adjustment mechanism
(CBAM) in January 2023. This is meant to secure fair competition for European energy …

The carbon border adjustment mechanism (CBAM) of the European Union (EU) may
become a significant global climate policy milestone. The EU trade partners most willing to …

The European Union (EU) views the carbon border adjustment mechanism (CBAM) as a
measure to tackle carbon leakage, which will have a profound impact on non-EU countries' …

To address global warming, the EU introduced the Carbon Border Adjustment Mechanism in
2023, raising concerns about its potential negative effects on GDP and trade volumes in the …

This paper sheds light on the unidentified effects of unilateral environmental and trade
actions within an international trade framework with two large open economies …

Because free-riding behavior is an inherent characteristic of climate change, how to protect
the economic benefits of the emission reduction regions and prompt the noncooperative …

We develop a model of a small open economy, where pollution per unit of consumption
between domestically produced and imported quantities of the same good differs. We show …

The spatial unbundling of parts production and assembly currently characterizes
globalization, leading to the worldwide dispersion of pollution. We consider socially optimal …