, both in the EU and beyond. Second, the paper presents an analysis of the provisions in WTO law that would apply to product …

policy can achieve the EU 20-20 emission reduction targets, but that its carbon trade balance would worsen considerably. Both … unilateral EU and internationally coordinated climate policies affect Austrian international trade stronger than its domestic …

climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions … TradingSystem (EU ETS) covers emissions of many traded sectors. In a first step, we review how carbon leakage and the pollution … introduced by the EU ETS has caused carbon leakage in European manufacturing. We compute trade flows in embodied carbon and value …