This study analyses the economic and political consequences of introducing a tax on the carbon content of imported goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax or import tariff would increase global welfare; 2. Such a...

This paper aims to analyse European climate policy's state of the art concerning the urgent need to decarbonize society and the economy and meet pressing climate demands. Decarbonization refers to the progressive reduction of the carbon-to-hydrogen ratio within energy sources. The primary...