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How trade policy can support the climate agenda

Jakob, Michael ; Afionis, Stavros ; Åhman, Max LU ; Antoci, Angelo ; Arens, Marlene LU ; Ascensão, Fernando ; van Asselt, Harro ; Baumert, Nicolai LU orcid ; Borghesi, Simone and Brunel, Claire , et al. (2022) In Science (New York, N.Y.) 376(6600). p.1401-1404
Abstract
Economic analysis has produced ample insights on how international trade and climate policy interact. Trade presents both opportunities and obstacles, and invites the question of how domestic climate policies can be effective in a global economy integrated through international trade. Particularly problematic is the potential relocation of production to regions with low climate standards. Measures to level the playing field, such as border carbon adjustments (BCAs), may be justified for specific emissions-intensive and trade-exposed sectors but need to be well-targeted, carefully navigating tensions that can arise between the desire to respect global trade rules and the need to elaborate and implement effective national climate policies.... (More)
Economic analysis has produced ample insights on how international trade and climate policy interact. Trade presents both opportunities and obstacles, and invites the question of how domestic climate policies can be effective in a global economy integrated through international trade. Particularly problematic is the potential relocation of production to regions with low climate standards. Measures to level the playing field, such as border carbon adjustments (BCAs), may be justified for specific emissions-intensive and trade-exposed sectors but need to be well-targeted, carefully navigating tensions that can arise between the desire to respect global trade rules and the need to elaborate and implement effective national climate policies. The conformity of specific trade measures with international trade and climate change law is not entirely clear. Yet, clarity is needed to ensure that the industry actors affected will find the rules predictable and be able to adhere to them. (Less)
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organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Science (New York, N.Y.)
volume
376
issue
6600
pages
1401 - 1404
publisher
American Association for the Advancement of Science (AAAS)
external identifiers
  • pmid:35737781
  • scopus:85132687867
ISSN
1095-9203
DOI
10.1126/science.abo4207
language
English
LU publication?
yes
id
81d090b4-7489-4bd9-b7fe-354456625b5e
date added to LUP
2022-06-25 13:11:15
date last changed
2023-02-02 18:52:56
@article{81d090b4-7489-4bd9-b7fe-354456625b5e,
  abstract     = {{Economic analysis has produced ample insights on how international trade and climate policy interact. Trade presents both opportunities and obstacles, and invites the question of how domestic climate policies can be effective in a global economy integrated through international trade. Particularly problematic is the potential relocation of production to regions with low climate standards. Measures to level the playing field, such as border carbon adjustments (BCAs), may be justified for specific emissions-intensive and trade-exposed sectors but need to be well-targeted, carefully navigating tensions that can arise between the desire to respect global trade rules and the need to elaborate and implement effective national climate policies. The conformity of specific trade measures with international trade and climate change law is not entirely clear. Yet, clarity is needed to ensure that the industry actors affected will find the rules predictable and be able to adhere to them.}},
  author       = {{Jakob, Michael and Afionis, Stavros and Åhman, Max and Antoci, Angelo and Arens, Marlene and Ascensão, Fernando and van Asselt, Harro and Baumert, Nicolai and Borghesi, Simone and Brunel, Claire and Caron, Justin and Cosbey, Aaron and Droege, Susanne and Evans, Alecia and Iannucci, Gianluca and Jiborn, Magnus and Kander, Astrid and Kulionis, Viktoras and Levinson, Arik and de Melo, Jaime and Moerenhout, Tom and Monti, Alessandro and Panezi, Maria and Quirion, Philippe and Sager, Lutz and Sakai, Marco and Sesmero, Juan and Solleder, Jean-Marc and Sodini, Mauro and Verkuijl, Cleo and Vogl, Valentin and Wenz, Leonie and Willner, Sven}},
  issn         = {{1095-9203}},
  language     = {{eng}},
  number       = {{6600}},
  pages        = {{1401--1404}},
  publisher    = {{American Association for the Advancement of Science (AAAS)}},
  series       = {{Science (New York, N.Y.)}},
  title        = {{How trade policy can support the climate agenda}},
  url          = {{http://dx.doi.org/10.1126/science.abo4207}},
  doi          = {{10.1126/science.abo4207}},
  volume       = {{376}},
  year         = {{2022}},
}