{"title":"Implications of Deglobalization on Energy and Carbon Neutrality in Asia and the Pacific Region","authors":"Toshi H. Arimura, Makoto Sugino","doi":"10.1111/aepr.12444","DOIUrl":null,"url":null,"abstract":"<div>\n \n <p>The IPCC (Intergovernmental Panel on Climate Change) special report on the impacts of global warming of 1.5°C urged the world to move toward carbon neutrality (CN). Following the announcement by European countries of their CN target by 2050, Japan, South Korea, and the USA announced their CN targets by 2050. However, the Russian invasion of Ukraine has divided the world and drastically changed energy markets, including natural gas. Moreover, the EU is now implementing controversial policies on carbon border adjustment mechanisms which may impose a heavier burden on developing countries. This study discusses how global divisions may influence energy strategies and climate policy for various Asian countries.</p>\n </div>","PeriodicalId":45430,"journal":{"name":"Asian Economic Policy Review","volume":"19 1","pages":"105-124"},"PeriodicalIF":4.5000,"publicationDate":"2023-10-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian Economic Policy Review","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/aepr.12444","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The IPCC (Intergovernmental Panel on Climate Change) special report on the impacts of global warming of 1.5°C urged the world to move toward carbon neutrality (CN). Following the announcement by European countries of their CN target by 2050, Japan, South Korea, and the USA announced their CN targets by 2050. However, the Russian invasion of Ukraine has divided the world and drastically changed energy markets, including natural gas. Moreover, the EU is now implementing controversial policies on carbon border adjustment mechanisms which may impose a heavier burden on developing countries. This study discusses how global divisions may influence energy strategies and climate policy for various Asian countries.
期刊介绍:
The goal of the Asian Economic Policy Review is to become an intellectual voice on the current issues of international economics and economic policy, based on comprehensive and in-depth analyses, with a primary focus on Asia. Emphasis is placed on identifying key issues at the time - spanning international trade, international finance, the environment, energy, the integration of regional economies and other issues - in order to furnish ideas and proposals to contribute positively to the policy debate in the region.