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Final report of the UFO-Plan Project “Emissionsminderung in Industriestaaten und Entwicklungsländern – Kosten, Potenziale und ökologische Wirksamkeit”
Autor:innen
Herausgeber
Quelle
Schlagwörter
sectoral targets, steel sector, Carbon Leakage, Post-Kyoto, climate policy
Förderkennzeichen (FKZ)
371119105
Forschungskennzahl
0
Zitation
Sectoral Targets as a Means to Reduce Global Carbon Emissions. (2015). [Umweltbundesamt]. https://doi.org/10.60810/openumwelt-6938
Zusammenfassung englisch
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).