The EU adopted the Carbon Adjustment Mechanism (CBAM) not least to prevent carbon leakage caused by the relatively high EU Emissions Trading System carbon price. How to compare the climate policy efforts of countries? If the risk of leakage is linked more to the costs of energy, is CBAM fit for purpose?
The G7 adopted a work plan on climate clubs. Is this reinvigorating global attention towards carbon leakage and its measurement? How far are we in measuring embedded carbon?
This session is organised by the Policy Outreach Committee (POC) of the European Association of Energy and Resource Economists (EAERE) in conjunction with State of the Union conference (SOU).
Chair: Simone Borghesi, Director, Florence School of Regulation – Climate, EUI
- Carolyn Fischer, Research Manager for Sustainability and Infrastructure, Development Economics Research Group at the World Bank
- Kurt van Dender, Acting Head of the Tax Policy and Statistics Division at the Centre for Tax Policy and Administration, OECD
- Judy Meltzer, Director General, Carbon Pricing Bureau, Environment and Climate Change Canada
- Susanne Dröge, Head of Department Climate Protection and Energy, German Environment Agency
Conclusion by Massimo Tavoni, Director, European Institute on Economics and the Environment
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