Reconciling Climate Change and Trade Policy
There is growing clamor in industrial countries for additional border taxes on imports from countries with lower carbon prices. The authors confirm the findings of other research that unilateral emissions cuts by industrial countries will have mini...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091112173455 http://hdl.handle.net/10986/4319 |
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okr-10986-4319 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
AGGREGATE DEMAND AGGREGATE EMISSIONS ALLOCATION ALLOWANCE ALLOWANCE PROVISION ALUMINUM ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS BASELINE EMISSIONS BASES BILATERAL TRADE CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSION CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITY CARBON LEAKAGE CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON TAXES CARS CEMENT INDUSTRY CH4 CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE POLICIES CLIMATE POLICY CO2 COAL COAL SUPPLY COMBUSTION CONSERVATION CONSUMER DEMAND COST OF PRODUCTION CRUDE OIL CULTIVATED LAND DEMAND ELASTICITY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC PRODUCTION DRIVERS ECONOMIC MODEL ECONOMIC MODELS ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION ALLOWANCES EMISSION COEFFICIENTS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION TAXES EMISSIONS EMISSIONS ALLOWANCES EMISSIONS CUTS EMISSIONS LEAKAGE EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS SCENARIOS EMISSIONS TAXES END-USER PRICE ENERGY DEMAND ENERGY EFFICIENCY ENERGY GOODS ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKET ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY TECHNOLOGIES ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY ENVIRONMENTAL STANDARDS EXCHANGE RATE EXTERNALITIES EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FORESTRY FOSSIL FUEL FOSSIL FUELS FREE ALLOWANCES FREE EMISSION FREE TRADE FUEL SUBSIDIES FUEL SUBSTITUTION FUEL SUPPLY GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CLIMATE CHANGE GLOBAL EMISSIONS GLOBAL ENVIRONMENT GLOBAL ENVIRONMENTAL CONCERNS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS MITIGATION GREENHOUSE GASES HIGH ENERGY HYDROFLUOROCARBONS IMPORTS INCOME INJURY INORGANIC CHEMICALS INTERNATIONAL ENERGY AGENCY INVESTMENT DECISIONS IPCC IRON JOBS LEVEL OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MOBILITY MOTOR VEHICLES N2O NATURAL GAS NATURAL RESOURCES NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER O3 OIL EQUIVALENT OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PETROCHEMICALS PLANT GROWTH PLASTICS POLICY IMPLICATIONS POWER GENERATION POWER SECTOR PP PRICE CHANGES PRICE OF EMISSIONS PRICE OF OIL PROBABILITY DISTRIBUTION PUBLIC TRANSPORTATION QUANTITATIVE ANALYSIS RADIATIVE FORCING REBATES REDUCTION IN EMISSIONS REFINED OIL RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TRADE IMPACTS TRADE RESPONSES TRADING PARTNERS TRANSPORT TRANSPORT EQUIPMENT TRANSPORTATION TRUE WASTE WELFARE CONSEQUENCES WIND WOOD PRODUCTS WORLD EMISSIONS |
| spellingShingle |
AGGREGATE DEMAND AGGREGATE EMISSIONS ALLOCATION ALLOWANCE ALLOWANCE PROVISION ALUMINUM ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS BASELINE EMISSIONS BASES BILATERAL TRADE CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSION CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITY CARBON LEAKAGE CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON TAXES CARS CEMENT INDUSTRY CH4 CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE POLICIES CLIMATE POLICY CO2 COAL COAL SUPPLY COMBUSTION CONSERVATION CONSUMER DEMAND COST OF PRODUCTION CRUDE OIL CULTIVATED LAND DEMAND ELASTICITY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC PRODUCTION DRIVERS ECONOMIC MODEL ECONOMIC MODELS ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION ALLOWANCES EMISSION COEFFICIENTS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION TAXES EMISSIONS EMISSIONS ALLOWANCES EMISSIONS CUTS EMISSIONS LEAKAGE EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS SCENARIOS EMISSIONS TAXES END-USER PRICE ENERGY DEMAND ENERGY EFFICIENCY ENERGY GOODS ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKET ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY TECHNOLOGIES ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY ENVIRONMENTAL STANDARDS EXCHANGE RATE EXTERNALITIES EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FORESTRY FOSSIL FUEL FOSSIL FUELS FREE ALLOWANCES FREE EMISSION FREE TRADE FUEL SUBSIDIES FUEL SUBSTITUTION FUEL SUPPLY GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CLIMATE CHANGE GLOBAL EMISSIONS GLOBAL ENVIRONMENT GLOBAL ENVIRONMENTAL CONCERNS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS MITIGATION GREENHOUSE GASES HIGH ENERGY HYDROFLUOROCARBONS IMPORTS INCOME INJURY INORGANIC CHEMICALS INTERNATIONAL ENERGY AGENCY INVESTMENT DECISIONS IPCC IRON JOBS LEVEL OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MOBILITY MOTOR VEHICLES N2O NATURAL GAS NATURAL RESOURCES NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER O3 OIL EQUIVALENT OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PETROCHEMICALS PLANT GROWTH PLASTICS POLICY IMPLICATIONS POWER GENERATION POWER SECTOR PP PRICE CHANGES PRICE OF EMISSIONS PRICE OF OIL PROBABILITY DISTRIBUTION PUBLIC TRANSPORTATION QUANTITATIVE ANALYSIS RADIATIVE FORCING REBATES REDUCTION IN EMISSIONS REFINED OIL RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TRADE IMPACTS TRADE RESPONSES TRADING PARTNERS TRANSPORT TRANSPORT EQUIPMENT TRANSPORTATION TRUE WASTE WELFARE CONSEQUENCES WIND WOOD PRODUCTS WORLD EMISSIONS Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu Reconciling Climate Change and Trade Policy |
| geographic_facet |
The World Region The World Region |
| relation |
Policy Research working paper ; no. WPS 5123 |
| description |
There is growing clamor in industrial
countries for additional border taxes on imports from
countries with lower carbon prices. The authors confirm the
findings of other research that unilateral emissions cuts by
industrial countries will have minimal carbon leakage
effects. However, output and exports of energy-intensive
manufactures are projected to decline potentially creating
pressure for trade action. A key factor affecting the impact
of any border taxes is whether they are based on the carbon
content of imports or the carbon content in domestic
production. Their quantitative estimates suggest that the
former action when applied to all merchandise imports would
address competitiveness and environmental concerns in high
income countries but with serious consequences for trading
partners. For example, China s manufacturing exports would
decline by one-fifth and those of all low and middle income
countries by 8 per cent; the corresponding declines in real
income would be 3.7 per cent and 2.4 per cent. Border tax
adjustment based on the carbon content in domestic
production, especially if applied to both imports and
exports, would broadly address the competitiveness concerns
of producers in high income countries and less seriously
damage developing country trade. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu |
| author_facet |
Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu |
| author_sort |
Mattoo, Aaditya |
| title |
Reconciling Climate Change and Trade Policy |
| title_short |
Reconciling Climate Change and Trade Policy |
| title_full |
Reconciling Climate Change and Trade Policy |
| title_fullStr |
Reconciling Climate Change and Trade Policy |
| title_full_unstemmed |
Reconciling Climate Change and Trade Policy |
| title_sort |
reconciling climate change and trade policy |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091112173455 http://hdl.handle.net/10986/4319 |
| _version_ |
1764390908925575168 |
| spelling |
okr-10986-43192021-04-23T14:02:17Z Reconciling Climate Change and Trade Policy Mattoo, Aaditya Subramanian, Arvind van der Mensbrugghe, Dominique He, Jianwu AGGREGATE DEMAND AGGREGATE EMISSIONS ALLOCATION ALLOWANCE ALLOWANCE PROVISION ALUMINUM ATMOSPHERE ATMOSPHERIC CONCENTRATION ATMOSPHERIC CONCENTRATIONS BASELINE EMISSIONS BASES BILATERAL TRADE CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CONTENT CARBON CONTENT OF ENERGY CARBON DIOXIDE CARBON EMISSION CARBON EMISSIONS CARBON FERTILIZATION CARBON INTENSITY CARBON LEAKAGE CARBON OFFSETS CARBON PRICE CARBON PRICES CARBON TAX CARBON TAXES CARS CEMENT INDUSTRY CH4 CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE POLICIES CLIMATE POLICY CO2 COAL COAL SUPPLY COMBUSTION CONSERVATION CONSUMER DEMAND COST OF PRODUCTION CRUDE OIL CULTIVATED LAND DEMAND ELASTICITY DOMESTIC CARBON DOMESTIC EMISSIONS DOMESTIC PRODUCTION DRIVERS ECONOMIC MODEL ECONOMIC MODELS ELASTICITIES ELASTICITY OF SUBSTITUTION ELECTRICITY ELECTRICITY PRODUCTION EMISSION EMISSION ABATEMENT EMISSION ALLOWANCES EMISSION COEFFICIENTS EMISSION LIMITS EMISSION REDUCTION EMISSION REDUCTIONS EMISSION TAXES EMISSIONS EMISSIONS ALLOWANCES EMISSIONS CUTS EMISSIONS LEAKAGE EMISSIONS LEVELS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS SCENARIOS EMISSIONS TAXES END-USER PRICE ENERGY DEMAND ENERGY EFFICIENCY ENERGY GOODS ENERGY INTENSIVE ENERGY INTENSIVE MANUFACTURING ENERGY MARKET ENERGY MARKETS ENERGY POLICY ENERGY PRICES ENERGY TECHNOLOGIES ENERGY-INTENSIVE GOODS ENERGY-INTENSIVE MANUFACTURING ENVIRONMENTAL IMPACT ENVIRONMENTAL POLICY ENVIRONMENTAL STANDARDS EXCHANGE RATE EXTERNALITIES EXTREME SCENARIO F-GASES FATS FERROUS METALS FINANCIAL FLOWS FORESTRY FOSSIL FUEL FOSSIL FUELS FREE ALLOWANCES FREE EMISSION FREE TRADE FUEL SUBSIDIES FUEL SUBSTITUTION FUEL SUPPLY GCM GENERAL EQUILIBRIUM MODEL GHG GHGS GLOBAL CLIMATE CHANGE GLOBAL EMISSIONS GLOBAL ENVIRONMENT GLOBAL ENVIRONMENTAL CONCERNS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS MITIGATION GREENHOUSE GASES HIGH ENERGY HYDROFLUOROCARBONS IMPORTS INCOME INJURY INORGANIC CHEMICALS INTERNATIONAL ENERGY AGENCY INVESTMENT DECISIONS IPCC IRON JOBS LEVEL OF EMISSIONS LUMP SUM MARGINAL ABATEMENT METHANE METHANE EMISSIONS MOBILITY MOTOR VEHICLES N2O NATURAL GAS NATURAL RESOURCES NEGATIVE IMPACT NITROUS OXIDE NUCLEAR POWER O3 OIL EQUIVALENT OIL PRICE OILS OUTPUT DECLINES PAPER PRODUCTS PER CAPITA INCOMES PETROCHEMICALS PLANT GROWTH PLASTICS POLICY IMPLICATIONS POWER GENERATION POWER SECTOR PP PRICE CHANGES PRICE OF EMISSIONS PRICE OF OIL PROBABILITY DISTRIBUTION PUBLIC TRANSPORTATION QUANTITATIVE ANALYSIS RADIATIVE FORCING REBATES REDUCTION IN EMISSIONS REFINED OIL RENEWABLE TECHNOLOGIES REVENUE RECYCLING SHADOW PRICE SUGAR CANE TAX REVENUE TAX REVENUES TEMPERATURE TEMPERATURE CHANGE TRADE IMPACTS TRADE RESPONSES TRADING PARTNERS TRANSPORT TRANSPORT EQUIPMENT TRANSPORTATION TRUE WASTE WELFARE CONSEQUENCES WIND WOOD PRODUCTS WORLD EMISSIONS There is growing clamor in industrial countries for additional border taxes on imports from countries with lower carbon prices. The authors confirm the findings of other research that unilateral emissions cuts by industrial countries will have minimal carbon leakage effects. However, output and exports of energy-intensive manufactures are projected to decline potentially creating pressure for trade action. A key factor affecting the impact of any border taxes is whether they are based on the carbon content of imports or the carbon content in domestic production. Their quantitative estimates suggest that the former action when applied to all merchandise imports would address competitiveness and environmental concerns in high income countries but with serious consequences for trading partners. For example, China s manufacturing exports would decline by one-fifth and those of all low and middle income countries by 8 per cent; the corresponding declines in real income would be 3.7 per cent and 2.4 per cent. Border tax adjustment based on the carbon content in domestic production, especially if applied to both imports and exports, would broadly address the competitiveness concerns of producers in high income countries and less seriously damage developing country trade. 2012-03-19T19:13:54Z 2012-03-19T19:13:54Z 2009-11-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091112173455 http://hdl.handle.net/10986/4319 English Policy Research working paper ; no. WPS 5123 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |