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International Trade and Carbon Leakage: Working Paper 2013-08

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  • Bruce Arnold

Abstract

Under a broad-based carbon tax or cap-and-trade program, some of the reduction in U.S. carbon dioxide emissions would probably be offset by increases in foreign emissions that would not otherwise have occurred, a phenomenon known as carbon leakage. Industries with substantial total emissions, high trade ratios, and high emission intensities are the most likely to generate substantial leakage. Therefore, the industries most likely to be sources of significant leakage through trade in their products are the chemical; primary metal (such as aluminum and iron and steel); and,

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  • Bruce Arnold, 2013. "International Trade and Carbon Leakage: Working Paper 2013-08," Working Papers 44970, Congressional Budget Office.
    • Handle: RePEc:cbo:wpaper:44970
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    File URL: https://www.cbo.gov/sites/default/files/113th-congress-2013-2014/workingpaper/44970-InternationalTradeCarbonLeakage_1.pdf
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    Cited by:

    1. Nick Macaluso & Sugandha Tuladhar & Jared Woollacott & James R. Mcfarland & Jared Creason & Jefferson Cole, 2018. "The Impact Of Carbon Taxation And Revenue Recycling On U.S. Industries," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-41, February.

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