{"title":"Island economies in the wake: Assessing increased shipping cost effects from carbon taxes on maritime trade","authors":"Zhaojun Wang , Amanda M. Countryman","doi":"10.1016/j.resconrec.2025.108325","DOIUrl":null,"url":null,"abstract":"<div><div>This work investigates economic and equity effects of increased transport costs from potential carbon taxes on the shipping industry under the 2023 IMO net-zero emission strategy. Five policy scenarios are examined with different geographical scopes and levy rates, including exemptions for Small Island Developing States (SIDS) and Least Developed Countries (LDCs). Results show all countries except Bahrain have simulated negative impacts on welfare, GDP, and exports under global uniform carbon tax policies. The LDCs and SIDS most negatively affected are in Oceania and Africa, as well as Togo and Jamaica, which are more severely affected than relatively large economies. Sectoral effects are largest for agriculture and energy. The EU could lessen welfare losses through its Emissions Trading System compared to a global bunker levy. Exempting SIDS and LDCs from the bunker levy results in their increased GDP and welfare, which can protect vulnerable economies during the transition to decarbonized shipping.</div></div>","PeriodicalId":21153,"journal":{"name":"Resources Conservation and Recycling","volume":"219 ","pages":"Article 108325"},"PeriodicalIF":11.2000,"publicationDate":"2025-04-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Resources Conservation and Recycling","FirstCategoryId":"93","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0921344925002046","RegionNum":1,"RegionCategory":"环境科学与生态学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ENGINEERING, ENVIRONMENTAL","Score":null,"Total":0}
引用次数: 0
Abstract
This work investigates economic and equity effects of increased transport costs from potential carbon taxes on the shipping industry under the 2023 IMO net-zero emission strategy. Five policy scenarios are examined with different geographical scopes and levy rates, including exemptions for Small Island Developing States (SIDS) and Least Developed Countries (LDCs). Results show all countries except Bahrain have simulated negative impacts on welfare, GDP, and exports under global uniform carbon tax policies. The LDCs and SIDS most negatively affected are in Oceania and Africa, as well as Togo and Jamaica, which are more severely affected than relatively large economies. Sectoral effects are largest for agriculture and energy. The EU could lessen welfare losses through its Emissions Trading System compared to a global bunker levy. Exempting SIDS and LDCs from the bunker levy results in their increased GDP and welfare, which can protect vulnerable economies during the transition to decarbonized shipping.
期刊介绍:
The journal Resources, Conservation & Recycling welcomes contributions from research, which consider sustainable management and conservation of resources. The journal prioritizes understanding the transformation processes crucial for transitioning toward more sustainable production and consumption systems. It highlights technological, economic, institutional, and policy aspects related to specific resource management practices such as conservation, recycling, and resource substitution, as well as broader strategies like improving resource productivity and restructuring production and consumption patterns.
Contributions may address regional, national, or international scales and can range from individual resources or technologies to entire sectors or systems. Authors are encouraged to explore scientific and methodological issues alongside practical, environmental, and economic implications. However, manuscripts focusing solely on laboratory experiments without discussing their broader implications will not be considered for publication in the journal.