Work

Carbon emissions locked - in trade

Year: 2011
Type: book-chapter
Abstract: In recent years there has been a growing concern about the emission trade balance of countries. It is due to the fact that countries with an open economy are active players in the international trade, though trade is not only a major factor in forging a country’s economic structure \nanymore, but it does contribute to the movement of embodied emissions beyond the country borders. This issue is especially relevant from the carbon accounting policy’s point of view, as it is known that the production-based principle is in effect now in the Kyoto agreement. \nThe study aims at revealing the interdependence of countries on international trade and its \nenvironmental impacts, and how the carbon accounting method plays a crucial role in \nevaluating a country’s environmental performance and its role in the climate mitigation \nprocesses. The input-output models are used in the methodology, as they provide an appropriate \nframework for this kind of environmental accounting; the analysis shows an international \ncomparison of four European countries (Germany, the United Kingdom, the Netherlands, and \nHungary) with extended trading activities and carbon emissions. \nMoving from the production-based approach in the climate policy, to the consumptionperspective \nprinciple and allocation [15], it would also help increasing the efficiency of emission \nreduction targets and the evaluation of the sustainability dimension and its impacts of \ninternational trade. The results of the study have shown that there is an importance of \ndistinction between the two emission allocation approaches, both from global and local level \npoint of view.
Language: English
Open Access status: green
OpenAlex ID: W2295730397
FWCI:
Cites:
Cited by:
Related to: 10