Working paper by Ben Filewod, Geoff McCarney on 12 Jan 2023
To help nature-based offsets reach their potential for climate change mitigation, this working paper proposes an alternative approach to managing the issue of market leakage.
Research article by Misato Sato on 19 Sep 2022
The authors of this paper review the state of knowledge concerning international CO2 emission transfers associated particularly with trade in energy-intensive goods and concerns about carbon leakage arising from climate policies.
Research article by Misato Sato, Raphael Calel on 1 Aug 2022
This paper analyses the evolution of the EU ETS from a political economy perspective, emphasizing the interaction of economic principles and political interests at pivotal moments, and showing how each compromise changed the scope for future design choices.
Research article by Antoine Dechezleprêtre, Caterina Gennaioli, Ralf Martin, Mirabelle Muûls, Thomas Stoerk on 1 Feb 2022
This paper examines whether the European Union Emissions Trading System (EU ETS) has led companies to shift the location of production, thereby creating carbon leakage.
Working paper by Shaikh Eskander, Sam Fankhauser on 27 Jul 2021
There is considerable anxiety about the international impact of unilateral action on climate change, particularly around ‘carbon leakage’. Looking at the impact of national climate change policy and legislation over the past two decades, this paper finds no evidence it has increased international carbon leakage.
Policy publication by Josh Burke, Misato Sato, Charlotte Taylor, Fangmin Li on 1 Apr 2021
There has been a resurgence in the debate around Carbon Border Adjustment Mechanisms (CBAMs) and the role they may play in preserving the effectiveness of climate action in high ambition countries. This report explores how the European Union’s CBAM, announced to come into force by the end of 2022, might affect the UK.
Working paper by Misato Sato, Aurélien Saussay on 11 Dec 2018
The results of this paper show that upon deciding to invest, firms are attracted to regions that have lower energy prices. This supports arguments for better targeting leakage prevention measures to complement carbon pricing for energy-intensive industrial activities. read more »
Policy publication by Misato Sato on 2 Jun 2016
A project led jointly by Climate Strategies and DIW Berlin has been exploring whether inclusion of domestic sales of selected energy intensive commodities (e.g. steel) in domestic emission trading schemes … read more »
Working paper by Misato Sato, Frédéric Branger on 4 Aug 2015
This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems. read more »
