The European Commission has proposed a Carbon Border Adjustment Mechanism(CBAM)to reduce carbon leakage and create a level playing field for its domestic products and imported goods.Nevertheless,the effectiveness of t...The European Commission has proposed a Carbon Border Adjustment Mechanism(CBAM)to reduce carbon leakage and create a level playing field for its domestic products and imported goods.Nevertheless,the effectiveness of the proposal remains unclear,especially when it triggers threats of retaliation from trading partners of the European Union.We apply a Computable General Equilibrium model-Global Trade Analysis Project-to assess the economic and environmental impacts of different CBAM schemes.Here we show that the effectiveness of the CBAM to address carbon leakage risks is rather limited,and the CBAM raises concerns over global welfare costs,Correct to Gross Domestic Product(GDP)losses,and violation of equality principles.Trade retaliation leads to multiplied welfare losses,which would mostly be borne by poor countries.Our results question the carbon leakage reduction effect of a unilateral trade policy and suggest that climate change mitigation still needs to be performed within the framework of international cooperation.展开更多
China is facing challenges to tackle the threat of climate change while reducing social inequality.Poverty eradication requires improvement in the living conditions of low-income households,which leads in turn to high...China is facing challenges to tackle the threat of climate change while reducing social inequality.Poverty eradication requires improvement in the living conditions of low-income households,which leads in turn to higher carbon footprints and may undermine the efforts of climate change mitigation.Previous studies have assessed the climate impacts of poverty eradication,but few have quantified how the additional carbon emissions of poverty eradication are shared at the subnational level in China and the impact on China’s climate targets.We investigated the recent trend of carbon footprint inequality in China’s provinces and estimated the climate burden of different poverty reduction schemes,measured by increased carbon emissions.The results indicate that poverty eradication will not impede the achievement of national climate targets,with an average annual household carbon footprint increase of 0.1%–1.2%.However,the carbon emissions growth in less developed provinces can be 4.0%,five times that in wealthy regions.Less developed regions suffer a greater climate burden because of poverty eradication,which may offset carbon reduction efforts.Therefore,interregional collaboration is needed to coordinate inequality reduction with investments in low-carbon trajectories in all provinces.展开更多
基金supported by the Engineering and Physical Sciences Research Council(EP/V041665/1)the British Council(2019-RLWK11-10577)。
文摘The European Commission has proposed a Carbon Border Adjustment Mechanism(CBAM)to reduce carbon leakage and create a level playing field for its domestic products and imported goods.Nevertheless,the effectiveness of the proposal remains unclear,especially when it triggers threats of retaliation from trading partners of the European Union.We apply a Computable General Equilibrium model-Global Trade Analysis Project-to assess the economic and environmental impacts of different CBAM schemes.Here we show that the effectiveness of the CBAM to address carbon leakage risks is rather limited,and the CBAM raises concerns over global welfare costs,Correct to Gross Domestic Product(GDP)losses,and violation of equality principles.Trade retaliation leads to multiplied welfare losses,which would mostly be borne by poor countries.Our results question the carbon leakage reduction effect of a unilateral trade policy and suggest that climate change mitigation still needs to be performed within the framework of international cooperation.
基金supported by the Royal Society(IECNSFC181115)the National Natural Science Foundation of China(71834004 and 72225013)。
文摘China is facing challenges to tackle the threat of climate change while reducing social inequality.Poverty eradication requires improvement in the living conditions of low-income households,which leads in turn to higher carbon footprints and may undermine the efforts of climate change mitigation.Previous studies have assessed the climate impacts of poverty eradication,but few have quantified how the additional carbon emissions of poverty eradication are shared at the subnational level in China and the impact on China’s climate targets.We investigated the recent trend of carbon footprint inequality in China’s provinces and estimated the climate burden of different poverty reduction schemes,measured by increased carbon emissions.The results indicate that poverty eradication will not impede the achievement of national climate targets,with an average annual household carbon footprint increase of 0.1%–1.2%.However,the carbon emissions growth in less developed provinces can be 4.0%,five times that in wealthy regions.Less developed regions suffer a greater climate burden because of poverty eradication,which may offset carbon reduction efforts.Therefore,interregional collaboration is needed to coordinate inequality reduction with investments in low-carbon trajectories in all provinces.
