scholarly journals Carbon Border Adjustment Mechanism and the Protection of the Competitiveness of EU Aluminium Producers

2021 ◽  
pp. 48-58
Author(s):  
Vlad Epurescu
Keyword(s):  
Adjustment Mechanism ◽  
Border Adjustment

scholarly journals Treibhausgasneutralität 2045/2050: Verschärfung der nationalen und der europäischen Klimaziele

2021 ◽  
Vol 101 (8) ◽  
pp. 638-644
Author(s):  
Hans-Wilhelm Schiffer
Keyword(s):  
Carbon Leakage ◽  
Adjustment Mechanism ◽  
Border Adjustment

ZusammenfassungAuf nationaler und auf europäischer Ebene sind die zuvor bestehenden Klimaziele deutlich verschärft worden. Die neuen Vorgaben, mit denen in Deutschland 2045 und in der EU27 bis 2050 Treibhausgasneutralität erreicht werden soll, werden ebenso dargestellt wie die Instrumente, mit denen die Bundesregierung und die EU diesen Zielen gerecht zu werden beabsichtigen. In dem „Fit for 55 Package“, das die EU-Kommission am 14. Juli 2021 vorgeschlagen hat, wird zur Vermeidung von Carbon Leakage die Einführung eines „Carbon Border Adjustment Mechanism“ (CBAM) vorgeschlagen. Die Eckpunkte dieses Vorschlags werden skizziert und einer Bewertung unterzogen. Allerdings wäre eine internationale Verständigung auf einen CO2-Mindestpreis innerhalb der G20 dem von der EU-Kommission befürworteten CBAM deutlich überlegen.

Carbon border taxes raise international dispute risks

2021 ◽  
Keyword(s):  
Emission Trading ◽  
Climate Mitigation ◽  
Trade Disputes ◽  
Content Type ◽  
Adjustment Mechanism ◽  
Climate Policies ◽  
International Dispute ◽  
Demand Patterns ◽  
The Eu ◽  
Border Adjustment

Significance Increasingly demanding climate mitigation targets in some economies have raised concerns over industry competitiveness and possible relocations of carbon-intensive industries. The EU plans a ‘carbon border adjustment mechanism’ (CBAM), effectively a tax, by 2023, to penalise imports from economies without comparable climate policies. These types of measures strengthen industry support for such policies, but risk triggering trade disputes. Impacts Efforts to link different emission trading schemes will grow. Decarbonisation policies will change demand patterns for manufacturing inputs. Developing countries’ climate diplomacy will need to be coordinated with their trade ministries.

scholarly journals Impact of EU’s Cross-border Adjustment Mechanism on Russia

2021 ◽  
Vol 25 (3) ◽  
pp. 452-477
Author(s):  
A. Votinov ◽  
◽  
S. Lazaryan ◽  
S. Radionov ◽  
S. Sudakov ◽  
...  
Keyword(s):  
Adjustment Mechanism ◽  
Cross Border ◽  
Border Adjustment

scholarly journals The global trend towards decarbonization of the economy, the introduction of the Carbon Border Adjustment Mechanism in the EU and the possible consequences for Russia

2021 ◽  
Vol 129 ◽  
pp. 09021
Author(s):  
Vladimir Sh. Urazgaliev ◽  
V. Novikov Andrey ◽  
A. Menshikova Galina
Keyword(s):  
Carbon Dioxide Emissions ◽  
Economic Relations ◽  
Carbon Neutrality ◽  
Adjustment Mechanism ◽  
Reduce Carbon Dioxide ◽  
Energy Products ◽  
Climate Neutrality ◽  
The Impact ◽  
The Eu ◽  
Border Adjustment

Research background: In the process of implementing the Paris Agreement (2015), Europe is a leader in the formation of new legislative initiatives in order to develop a set of effective measures to reduce greenhouse gas emissions in the atmosphere. The European Commission approved the European Green Deal (2015) - a strategy for achieving the EU parameters of climate neutrality through the transition to a clean circular economy. Its main goal is to reduce carbon dioxide emissions by 2030 by 50 - 55% from 1990 levels and achieve full carbon neutrality of the EU by 2050. As part of this strategy, the Carbon Border Adjustment Mechanism (CBAM) is being developed. The introduction of CBAM means a revolutionary transformation in the system of international economic relations. Purpose of the article is to identify and assess possible risks for producers and consumers, primarily of energy products after the introduction of CBAM, as well as the impact of these risks on Russian exports to Europe. Methods: The authors carried out a comparative analysis of scenarios for the implementation of CBAM in the sectorial and product segments of trade between Russia and the EU. Findings: The article contains comparative assessments of the beginning redistribution of international markets in the sectoral and product coverage of emissions, as well as an analysis of the unfolding contradictions in the verification of methods for determining the carbon footprint in the production chains of the real sector of the economy.

Implementation of the Paris Agreement on Global Climate: European Carbon Blackmail of Russia and Possibilities of Countering It

2021 ◽  
pp. 77-93
Author(s):  
Sergey Anatolyevich Roginko ◽  
Sergey Nikolaevich Silvestrov
Keyword(s):  
Carbon Tax ◽  
Global Climate ◽  
Paris Agreement ◽  
Eu Countries ◽  
Adjustment Mechanism ◽  
The Subject ◽  
Carbon Taxation ◽  
The Eu ◽  
Border Adjustment

The subject of the analysis is the EU initiative to introduce the so-called Carbon Border Adjustment Mechanism developed within the framework of the «European Green Deal» adopted in 2019 and its possible impact on the Russian exporting industries. The author examines in detail the genesis of European initiatives in the field of border carbon tax, draws a parallel between the Border Carbon Correction Mechanism and the early EU initiatives on carbon taxation of flights of foreign airlines operating in airports of EU countries. Recommendations are given on possible measures to hedge risks associated with this EU initiative, including the possibility of blocking the EU initiative in the international arena, including the positions of the leading world powers on this issue, is analyzed. The tactics of interaction on this issue with such large global exporters as China, India, Brazil and others are proposed.

scholarly journals Evolutionary Game Analysis of Responding to the EU’s Carbon Border Adjustment Mechanism

Energies ◽  
2022 ◽  
Vol 15 (2) ◽  
pp. 427
Author(s):  
Tao Huang ◽  
Zhixin Liu ◽  
Tian Zhao
Keyword(s):  
Policy Design ◽  
Evolutionary Game ◽  
Stable State ◽  
Sensitivity Analyses ◽  
Low Carbon ◽  
The European Union ◽  
Eu Countries ◽  
Adjustment Mechanism ◽  
The Government ◽  
Border Adjustment

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’ exports. Policymakers are faced with the question of how to deal with the CBAM. In contrast to previous studies, we explore the effects of the CBAM on non-EU countries from a dynamic game perspective. This study analyzed the potential effects of the CBAM on China and found that the government and export companies are the two main stakeholders. We found that they can both choose whether to respond actively or passively. Based on their interactive relationship, we adopted an evolutionary game to model the nexus between the government and export companies. We analyzed the evolutionary stable state of each stakeholder and the whole game with the replicator dynamic equation system. To make the system evolve to the optimal state where the government reacts actively and export companies implement low-carbon production, we provide a policy mechanism for how to set key parameters’ values. We used numerical simulation to verify the policy design and to conduct sensitivity analyses of the key parameters. Our results show that, when two stakeholders positively react to the CBAM, it is necessary to increase their profits and to reduce their costs. Therefore, some suggestions are proposed, including optimizing the trade structure, strengthening cooperation with the EU, improving the current carbon market, and adopting carbon tax.

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