Carbon leakage

  1. Returning CBAM revenues to vulnerable products may raise welfare and cut emissions
    Product-level analysis of EU carbon border adjustment mechanism reveals revenue redistribution can increase global welfare and emissions reductions in steel sectors.
  2. CORSIA may conflict with WTO trade rules
    Legal analysis assessing CORSIA compatibility with WTO trade rules and proposing governance reforms to reconcile sustainable aviation climate action with equitable international trade law.