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Regional Trade Agreements, Emissions Bubbles, and Carbon Tariff Harmonization.
- Source :
- Energy Journal; 2013, Vol. 34 Issue 2, p59-89, 31p
- Publication Year :
- 2013
-
Abstract
- In the context of sub-global participation in greenhouse gas mitigation efforts, this paper investigates the effectiveness of a Canada-U.S. emissions bubble under their existing regional trade agreement. It also explores the potential economic impact of carbon tariff harmonization through the implementation of a common Canada-U.S. external border tariff adjustment as a mean to address competitiveness issues. Using a multi-region, multi-sector computable general equilibrium model the paper finds that the creation of an emission bubble between the two countries could improve efficiency. The findings also suggest that a carbon tariff harmonization policy could give rise to distributional issues among Annex I regions and could fail to mitigate the negative competitiveness impacts of carbon abatement policies. [ABSTRACT FROM AUTHOR]
- Subjects :
- GREENHOUSE gas mitigation
EMISSIONS (Air pollution)
CARBON & the environment
TARIFF
Subjects
Details
- Language :
- English
- ISSN :
- 01956574
- Volume :
- 34
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Energy Journal
- Publication Type :
- Academic Journal
- Accession number :
- 86429320
- Full Text :
- https://doi.org/10.5547/01956574.34.2.3