Carbon emissions locked - in trade

Vetőné Mózner, Zsófia (2011) Carbon emissions locked - in trade. In: Accounting for Climate Change - What and How to Measure, Proceedings of the 14th EMAN Conference. BCE, Budapest, pp. 181-189. . ISBN 9789635034321

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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 anymore, 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. The study aims at revealing the interdependence of countries on international trade and its environmental impacts, and how the carbon accounting method plays a crucial role in evaluating a country’s environmental performance and its role in the climate mitigation processes. The input-output models are used in the methodology, as they provide an appropriate framework for this kind of environmental accounting; the analysis shows an international comparison of four European countries (Germany, the United Kingdom, the Netherlands, and Hungary) with extended trading activities and carbon emissions. Moving from the production-based approach in the climate policy, to the consumptionperspective principle and allocation [15], it would also help increasing the efficiency of emission reduction targets and the evaluation of the sustainability dimension and its impacts of international trade. The results of the study have shown that there is an importance of distinction between the two emission allocation approaches, both from global and local level point of view.

Item Type:Book Section
Uncontrolled Keywords:International Trade, Carbon Footprint, Input-Output tables, Consumption-based Accounting, Carbon - dioxide embodied in trade
Divisions:Faculty of Business Administration > Institute for Environmental Science > Department of Environmental Economics and Technology
Subjects:Environmental economics
ID Code:484
Deposited By: Zsófia Vetőné Mózner
Deposited On:16 Jan 2012 10:16
Last Modified:03 Jul 2012 00:25

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