Climate Protection Scenarios until 2050 Considering CO2 Price Differences and Carbon Leakage

Summary

This German report analyzes climate protection scenarios for the EU until 2050, focusing on the challenge of carbon leakage resulting from unilateral EU climate action. It employs two socio-economic models to assess the effectiveness of a Carbon Border Adjustment Mechanism (CBAM) in mitigating this risk. The study concludes that a well-designed CBAM significantly reduces carbon leakage and supports the EU's climate goals without major negative macroeconomic impacts, suggesting the analysis is completed and offers clear policy guidance.

Key Facts

Source Document

https://example-government.gov/policy-document-link