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EU trade in CO2 emissions

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Abstract

The European Commission identified trade policy as a core component of the European Union's 2020 Strategy. The fast changing global economy, characterised by the dynamic creation of business opportunities and increasingly complex production chains, means that it is now even more important to fully understand how global value chains affect CO2 emissions. Gathering comprehensive, reliable and comparable information on this is crucial to support evidence-based policymaking. Guided by that objective, the European Commission's Joint Research Centre (JRC) has produced this publication. It aims to be a valuable tool for trade policymakers. The report features a series of indicators to illustrate in detail the EU CO2 emissions dependence on the final demand of each EU Member State, and the CO2 emissions in each Member State depending on the EU final demand. This is done using the World Input-Output Database (WIOD), 2016 release, as the main data source. This information has been complemented with data on CO2 emissions from other sources such as the EU Science Hub of the European Commission (Corsatea et al. 2019). Besides, indicators have been also included to account for the inter-dependence between the EU and other world economies. Indicators cover the period 2000 - 2014.The geographical breakdown of the data includes the 28 EU Member States, Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, Norway, Russia, South Korea, Switzerland, Turkey, Taiwan, the United States of America, and an aggregate "Rest of the World" region. The information presented in this pocketbook is complemented with a software tool for analyses of global value chains, trade, income and employment. This tool enables a more detailed analysis of the different indicators related to global value chains and includes additional data management and visualization options.

Suggested Citation

  • Inaki Arto & Jose M. Rueda-Cantuche & M. Victoria Roman & Ignacio Cazcarro & Antonio F. Amores & Erik Dietzenbacher, 2020. "EU trade in CO2 emissions," JRC Research Reports JRC120523, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc120523
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC120523
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    1. Inaki Arto & Erik Dietzenbacher & Jose Manuel Rueda-Cantuche, 2019. "Measuring bilateral trade in terms of value added," JRC Research Reports JRC116694, Joint Research Centre.
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    More about this item

    Keywords

    CO2 emissions; Trade; European Union;
    All these keywords.

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

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