Sci Total Environ 2021 Mar 27;782:146765. Epub 2021 Mar 27.
Center for Energy and Environmental Policy Research, Beijing Institute of Technology, Beijing 100081, China; School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China; Beijing Key Lab of Energy Economics and Environmental Management, Beijing 100081, China.
Despite the increasing challenges of coping with global climate change, current climate policy is still implemented unilaterally at national and subnational levels, with different forms and intensities in both time and space dimensions. Such regionally differentiated climate policies inevitably cause carbon leakage phenomenon, that is, reduced carbon emissions in abating areas may be offset to some extent by increased carbon emissions in non-abating areas. The occurrence of carbon leakage could undermine the environmental effectiveness of implemented climate policies and cause extra emission reduction costs. Read More