Description: Two types of large-scale models with different modelling philosophies are used to quantify socioeconomic effects in scenarios in which the EU moves forward in climate policy and applies different design options under the EU emissions trading system (ETS) combined with a Carbon Border Adjustment ( CBAM ). One model, GEM-E3, is a computable general equilibrium model that follows neoclassical theory, while the other model, GINFORS-E, is a macroeconometric model that follows a post-Keynesian approach. The results of both models suggest that an effective CBAM plays a significant role in reducing the risk of carbon leakage. The key results on trade, production and emission effects also show, by and large, little quantitative variation between the two models, in spite of their different philosophies. The overall report consists of four separate reports next to this Summary Report: Veröffentlicht in Climate Change | 77/2025.
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Publication,
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Origins: /Bund/UBA/Website
Tags: Kohlenstoff ? Europäischer Emissionshandel ? Carbon Leakage ? Klimapolitik ? Modellierung ? Klimabericht ? CBAM ?
License: other-closed
Language: Englisch/English
Issued: 2025-12-01
Time ranges: 2025-12-01 - 2025-12-01
Meyer, M.; Löschel, A.; Lutz, C. (2021): Carbon price dynamics in ambitious climate mitigation scenarios: an analysis based...
https://iopscience.iop.org/article/10.1088/2515-7620/ac02ad (Webseite)Accessed 1 times.