Unilateral climate change mitigation, carbon leakage and competitiveness: an application to the European Union
by Terry Barker, S. Serban Scrieciu
International Journal of Global Warming (IJGW), Vol. 1, No. 4, 2009

Abstract: The setting of binding targets for CO₂ emission reductions for 2020 by the European Union (EU) alone has led to concerns that unilateral climate change mitigation may not only hamper the union's competitiveness, but also result in carbon leakage. The paper explores these claims through the deployment of a dynamic, nonlinear, macro-econometric simulation called the Energy-Environment-Economy (E3) Model at the Global Scale (E3MG). In contrast to the generally held view, we argue that overall EU competitiveness may improve. We also argue that unilateral action may be effective in reducing global emissions relative to a no-climate-change-action scenario, although the reduction is very small.

Online publication date: Tue, 10-Nov-2009

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Warming (IJGW):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com