Arbeitspapier

Paris after Trump: An Inconvenient Insight

With his announcement to pull the US out of the Paris Agreement US President Donald Trump has snubbed the international climate policy community. Key remaining parties to the Agreement such as Europe and China might call for carbon tariffs on US imports as a sanctioning instrument to coerce US compliance. Our analysis, however, reveals an inconvenient insight for advocates of carbon tariffs: given the possibility of retaliatory tariffs across all imported goods, carbon tariffs do not constitute a credible threat for the US. A tariff war with its main trading partners China and Europe might make the US worse off than compliance with the Paris Agreement but China, in particular, should prefer US defection to a tariff war.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 6531

Klassifikation
Wirtschaft
Environmental Economics: Government Policy
Computable and Other Applied General Equilibrium Models
Thema
Paris Agreement
US withdrawal
carbon tariffs
optimal tariffs
tariff war
computable general equilibrium

Ereignis
Geistige Schöpfung
(wer)
Böhringer, Christoph
Rutherford, Thomas F.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Böhringer, Christoph
  • Rutherford, Thomas F.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2017

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