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Industrial decarbonisation in a fragmented world: an effective carbon price with a ‘climate contribution’

Neuhoff, Karsten, Sato, Misato ORCID: 0000-0002-9978-9595, Ballesteros, Fernanda, Böhringer, Christoph, Borghesi, Simone, Cosbey, Aaron, Das, Katsuri, Ismer, Roland, Johnston, Angus, Linares, Pedro, Matikainen, Sini, Pauliuk, Stefan, Pirlot, Alice, Quirion, Philippe, Rosendahl, Knut Einar, Sniegocki, Aleksander, van Asselt, Harro and Zetterberg, Lars (2025) Industrial decarbonisation in a fragmented world: an effective carbon price with a ‘climate contribution’. . Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, London, UK.

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Abstract

This report argues that Europe’s climate policymakers must prepare options to ensure the resilience of its industrial strategy in a global context of increasing fragmentation, and proposes a ‘climate contribution’ approach. In particular, the EU’s Carbon Border Adjustment Mechanism (CBAM) may not be sufficient to provide a level playing field if other countries do not pursue comparable carbon pricing strategies. The report is authored by a group of academics from institutions across Europe,[i] led by Karsten Neuhoff and Misato Sato, and published by the Grantham Research Institute with DIW Berlin and the Centre for Economic Transition Expertise (CETEx).

Item Type: Monograph (Report)
Additional Information: © 2025 The authors
Divisions: Grantham Research Institute
Subjects: H Social Sciences > HD Industries. Land use. Labor
G Geography. Anthropology. Recreation > GE Environmental Sciences
Date Deposited: 05 Aug 2025 14:30
Last Modified: 06 Aug 2025 09:39
URI: http://eprints.lse.ac.uk/id/eprint/129054

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