Options for EU Trade Policy to enhance Climate Action
Climate action will increasingly affect all sectors of the economy by rapidly extending from the energy sector to mobility, industry, buildings, infrastructure, and finance. Against the background of a general economic imperative to engage in low-carbon industrial transformation, and the need to position Europe’s industry competitively for the future, this Working Paper by the
German Institute for International and Security Affairs explores how the EU can build on its leadership role and offer solutions for GHG reductions and underpin growth in future industries. Susanne Dröge, Karsten Neuhoff
et al suggest that the
European Commission should investigate the economic, legal, and administrative viability and implementation timeline of carbon price adjustments at the border, and the possibility of extending the
EU Emissions Trading System (ETS) to enhance the EU’s global role.
https://www.swp-berlin.org/fileadmin/contents/products/arbeitspapiere/2019WP01_FG08_dge_etal.pdf
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