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International cooperation for decarbonizing energy intensive industries: the case for a Green Materials Club

Åhman, Max LU ; Arens, Marlene LU and Vogl, Valentin LU orcid (2022) In Elgar Handbooks in Energy, the Environment and Climate Change p.108-125
Abstract
Basic materials are traded globally and responsible for roughly 22 % of global carbon emissions. It is technically possible for the energy intensive industries (EIIs) that produce these materials to reach zero emission, but at a cost. So far, the fear of carbon leakage has been a barrier for implementing ambitious domestic climate policies that targets theses globally traded commodities. The introduction of border carbon adjustments (BCAs) for levelling the global playing field has been suggested to ameliorate these concerns. However, another way is to focus more on innovation, adopting green industrial policies and to cooperate internationally for developing technologies for net zero EIIs. In this chapter we explore the opportunities for... (More)
Basic materials are traded globally and responsible for roughly 22 % of global carbon emissions. It is technically possible for the energy intensive industries (EIIs) that produce these materials to reach zero emission, but at a cost. So far, the fear of carbon leakage has been a barrier for implementing ambitious domestic climate policies that targets theses globally traded commodities. The introduction of border carbon adjustments (BCAs) for levelling the global playing field has been suggested to ameliorate these concerns. However, another way is to focus more on innovation, adopting green industrial policies and to cooperate internationally for developing technologies for net zero EIIs. In this chapter we explore the opportunities for enhanced cooperation for enabling deep decarbonisation for EIIs and how that links to BCAs. We argue for establishing a green materials club focussing on long-term technology development and discusses limitation and opportunities for this approach. A green materials club could ease the conflicts between trade and ambitious climate policy and complement BCAs. (Less)
Please use this url to cite or link to this publication:
author
; and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Trade policy, climate policy, industry, Carbon leakage, climate clubs
host publication
HANDBOOK ON TRADE POLICY AND CLIMATE CHANGE
series title
Elgar Handbooks in Energy, the Environment and Climate Change
editor
Jakob, Michael
pages
17 pages
publisher
Edward Elgar Publishing
external identifiers
  • scopus:85126527865
ISBN
9781839103230
language
English
LU publication?
yes
id
399167d0-0956-462d-a46d-9fb73359aac8
alternative location
https://www.elgaronline.com/view/edcoll/9781839103230/9781839103230.00016.xml
date added to LUP
2022-03-31 08:13:19
date last changed
2023-01-03 12:38:29
@inbook{399167d0-0956-462d-a46d-9fb73359aac8,
  abstract     = {{Basic materials are traded globally and responsible for roughly 22 % of  global carbon emissions. It is technically possible for the energy intensive industries (EIIs) that produce these materials to reach zero emission, but at a cost. So far, the fear of carbon leakage has been a barrier for implementing ambitious domestic climate policies that targets theses globally traded commodities. The introduction of border carbon adjustments (BCAs) for levelling the global playing field has been suggested to ameliorate these concerns. However, another way is to focus more on innovation, adopting green industrial policies and to cooperate internationally for developing technologies for net zero EIIs. In this chapter we explore the opportunities for enhanced cooperation for enabling deep decarbonisation for EIIs and how that links to BCAs. We argue for establishing a green materials club focussing on long-term technology development and discusses limitation and opportunities for this approach. A green materials club could ease the conflicts between trade and ambitious climate policy and complement BCAs.}},
  author       = {{Åhman, Max and Arens, Marlene and Vogl, Valentin}},
  booktitle    = {{HANDBOOK ON TRADE POLICY AND CLIMATE CHANGE}},
  editor       = {{Jakob, Michael}},
  isbn         = {{9781839103230}},
  keywords     = {{Trade policy; climate policy; industry; Carbon leakage; climate clubs}},
  language     = {{eng}},
  month        = {{03}},
  pages        = {{108--125}},
  publisher    = {{Edward Elgar Publishing}},
  series       = {{Elgar Handbooks in Energy, the Environment and Climate Change}},
  title        = {{International cooperation for decarbonizing energy intensive industries: the case for a Green Materials Club}},
  url          = {{https://lup.lub.lu.se/search/files/117548193/Chapter_8_Unformatted_PDF.pdf}},
  year         = {{2022}},
}