Speaker：Stefan Ambec

Moderator：Zhi Li

Time： 2024-11-20 (Wednesdays ) 16:40-18:40

Location：Room D136, Economics Building

Title: Can Europe Plug Its Carbon Leaks with the CBAM?

Abstract: On the path to achieving carbon neutrality, the European Union (EU) has recently adopted a Carbon Border Adjustment Mechanism (CBAM) to address carbon leakage from international trade. I will review the challenges in the design of the EU’s CBAM and discuss its impact on competitiveness, trade, carbon pricing and carbon emissions.

Bio: Stefan Ambec is INRAE Research Professor at Toulouse School of Economics where he leads the TSE Energy and Climate Center. He holds a PhD in economics from the University of Montreal. He is Editor-in-Chief for Resource and Energy Economics, member of the Editorial Board of the Journal of Environmental Economics and Management, as well as the Editorial Council of the Journal of the Association of Environmental Economists. He has been involved in policy dialogues and expertise in many instances, notably as lead author of a report on the EU-Mercosur trade agreement mandated by the French government. His research focuses on the foundations and impacts of environmental policies: about their efficiency, fairness properties, their effect on firms' strategies.on consumers' behavior, on pollution and the welfare. He has worked on water, energy, air pollution, climate change, and pest resistance.