How the EU’s carbon price on imports strengthens climate policy globally - check out the press release for our new study that explores the potential of CBAM to foster climate cooperation. Joint work with Timothé Beaufils and @joschkawanner.bsky.social Accepted for publication in JAERE.
The EU carbon price on imports #CBAM could incentivise trade partners to adopt carbon pricing as well. With this response, global emissions reduction is 73% over and above the impact of the EU #ClimatePolicy alone.
PIK-led modelling study @jaereaere.bsky.social.
www.pik-potsdam.de/en/news/late...
