Description
THE ESSAY QUESTION IS : Has the European Union’s climate policy been effective in dealing with the issue of carbon leakage and, if so, does this weaken the case for a carbon border tax?
– has the EU-ETS been successfull in reducing emissions?? (PROVIDE STATISTICS WITH REFERENCES CITED IN-TEXT) it is not sufficient why??
– Critically evaluate the effectiveness of the EU climate policy on carbon leakage. then evaluate whether carbon tax is really necessary.
– look at the following:
> EU Green Deal & circular economy / climate change
> CBMA mechanism and its impacts: impact of transition on consumers
> EU-ETS free allocations of emission allowances and carbon pricing (auctioning).
> carbon leakage: further explore and discuss THE 3 CHANNELS FOR CARBON LEAKAGE AND WHETHER THE EU CLIMATE POLICY HAS BEEN SUFFICIENT TO CONTROL FOR THESE IF NOT WHAT SHOULD BE DONE –
> Paris agreement
– are lower emission really due to EU-ETS or is it due to financial cris, COVID crisis, lower use of heavy energy products???
– CBMA weight pros and cons??? impact and view of emerging economies on it?? Unilateral mechanism will create trading barriers and consequently TRADE CONFLICTS??? e.g. Turkey claims after tax breach of customs union with eu; green wash, “protectionist” mecanism to protect eu producers interests.
– EU should indeed secure its carbon pricing with a pragmatic border adjustment in order to counteract the mere relocation of emissions, an important choice must be made – how to make use of revenues????? — earmarked for technology transfer and international climate financing (Green Climate Fund)?
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