News
The Chinese Emissions Trading System still has numerous shortcomings and is not an effective climate protection instrument. Beijing wants to tighten it up – but it remains questionable just how much. This has trade policy consequences for Europe, especially after the introduction of the Carbon Border Adjustment Mechanism.
By Lukas Knigge
The low efficiency of China's emissions trading impacts Europe's trade policy. By the time the European Carbon Border Adjustment Mechanism (CBAM) is in effect, at the latest, the EU Commission will have to assess the Chinese instrument to define the climate tariff. This is where the poor data situation will become a problem.
By Lukas Knigge
China's emissions trading still has numerous flaws and is no effective climate action instrument. Now the government aims to improve the data collection of corporate emissions. A hard emissions cap and an expansion of emissions trading are not expected before the end of the 2020s.
By Nico Beckert
German Minister for Economic Affairs Habeck and his French counterpart Le Maire discussed possible ways out of the IRA subsidy dispute with the US government in Washington. They offered closer cooperation on green tech and supply chains. The USA wavers between protectionism and dependence.
By Bernhard Pötter