... of the production of firms, in particular in emission-intensive trade-exposed industries, to countries with lower environmental standards. As a result, firms operating in countries with a stricter climate policy lose market shares in the domestic but also international markets. C7 F12 F18 Q58 H23...

... pollution differential game tariff tax C73 Q50 F18 International environmental problems featuring pollution spillovers such as climate change pose a special challenge since they have special features that distinguish them from national environmental problems. This point has specific...

... trading system unilateral policy C70 D61 F18 H23 Q54 In the aftermath of the 2015 Paris climate agreement, most countries’ nationally determined contributions (NDCs) includes a plan for establishing a market-based mechanism, or carbon trading system, in order to tackle climate change...

... T. Eichner & R. Pethig 2018 T. Eichner & R. Pethig Licensed re-use rights only Fuel demand Climate damage International trade Asymmetry Stability Grand coalition C72 F18 Q50 Q58 The reduction of global carbon emissions necessary to stabilize the world climate...

... differentiation Taste for variety C72 F18 Q58 Reaching a meaningful international agreement on climate change has proved difficult over the last three decades. The Kyoto Protocol, signed in 1998, could not even stop the trend of a continuous increase of greenhouse gas emissions world-wide...