Sectoral Targets as a Means to Reduce Global Carbon Emissions.

Description: This paper explores the effects of sectoral targets in international climate policy in a macroeconomic frame-work, their interaction with the EU emissions Trading System (EU ETS), and to which extent sectoral targets can address the concerns of competitiveness. We assume that a global binding agreement exists between the steel sector and governments. The steel sector seems particularly suited for a sectoral targets approach be-cause it is relatively CO2-intensive (3-5% of global CO2-emissions) and also trade intensive (approximately 20% of the value of steel output is traded). Veröffentlicht in Texte | 14/2015.

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Tags: CO2-Emission ? Europäischer Emissionshandel ? Papier ? Internationale Klimapolitik ? Stahl ? Klimapolitik ? Wettbewerbsfähigkeit ? Carbon Leakage ?

License: other-closed

Language: Englisch/English

Organisations

• Umweltbundesamt (Herausgeberschaft)

Issued: 2015-02-01

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  https://www.umweltbundesamt.de/system/files/medien/378/publikationen/texte_14_2015_sectoral_carbon_tools.pdf (PDF)

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