Carbon border adjustments, climate clubs, and subsidy races when climate policies vary (Record no. 523958)

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fixed length control field 01721nam a22001577a 4500
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fixed length control field 231018b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Clausing, Kimberly A.and Wolfram,Catherine
245 ## - TITLE STATEMENT
Title Carbon border adjustments, climate clubs, and subsidy races when climate policies vary
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The Journal of Economic Perspectives
300 ## - PHYSICAL DESCRIPTION
Extent 37(3), Summer, 2023: p.137-162
520 ## - SUMMARY, ETC.
Summary, etc Jurisdictions adopt climate policies that vary in terms of both ambition and policy approach, with some pricing carbon and others subsidizing clean production. We distinguish two types of policy spillovers from these diverse approaches. First, when countries have different levels of climate ambition, free-riders benefit at the expense of more committed countries. Second, when countries pursue different approaches, carbon-intensive producers within cost-imposing jurisdictions are at a relative competitive disadvantage compared with producers in subsidizing jurisdictions. Carbon border adjustments and climate clubs respond to these spillovers, but when countries have divergent approaches, one policy alone cannot address both spillovers. We also consider the policy dynamics arising from carbon border adjustments and climate clubs; both have the potential to encourage upward harmonization of climate policy, but come with risks. Further, the pressures of international competition may result in subsidy races, with attendant risks and benefits.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/jep.37.3.137
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Carbon border adjustments, Climate clubs, Subsidy, Climate policies
9 (RLIN) 44192
773 ## - HOST ITEM ENTRY
Main entry heading The Journal of Economic Perspectives
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP CLIMATE CHANGE
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2023-10-18 37(3), Summer, 2023: p.137-162 AR129842 2023-10-18 Articles

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