{"title":"Alternative Agricultural Carbon Border Adjustment and Climate Club Designs : a Quantitative Assessment","authors":"Lærke Jensbye,Wusheng Yu,Francesco Clora","doi":"10.1093/erae/jbag012","DOIUrl":null,"url":null,"abstract":"Abstract We analyze alternative agricultural carbon border adjustment mechanism (CBAM) designs across three dimensions (participating countries, emission intensity, and carbon price). We find that an agricultural CBAM by the European Union (or an expanded climate club consisting of the EU and other countries) has minor global agricultural GHG emission implications but protects the most emission intensive domestic production. Nevertheless, having a larger climate club imposing CBAM tariffs and applying exporters’ emission intensities are more effective in lowering global emissions. Compared to national carbon prices, harmonized carbon prices at climate club level can reduce trade disruptions while attaining similar emission reduction outcomes.","PeriodicalId":50476,"journal":{"name":"European Review of Agricultural Economics","volume":"32 1","pages":"908-934"},"PeriodicalIF":5.1000,"publicationDate":"2026-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Review of Agricultural Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1093/erae/jbag012","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"AGRICULTURAL ECONOMICS & POLICY","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract We analyze alternative agricultural carbon border adjustment mechanism (CBAM) designs across three dimensions (participating countries, emission intensity, and carbon price). We find that an agricultural CBAM by the European Union (or an expanded climate club consisting of the EU and other countries) has minor global agricultural GHG emission implications but protects the most emission intensive domestic production. Nevertheless, having a larger climate club imposing CBAM tariffs and applying exporters’ emission intensities are more effective in lowering global emissions. Compared to national carbon prices, harmonized carbon prices at climate club level can reduce trade disruptions while attaining similar emission reduction outcomes.
期刊介绍:
The European Review of Agricultural Economics serves as a forum for innovative theoretical and applied agricultural economics research.
The ERAE strives for balanced coverage of economic issues within the broad subject matter of agricultural and food production, consumption and trade, rural development, and resource use and conservation. Topics of specific interest include multiple roles of agriculture; trade and development; industrial organisation of the food sector; institutional dynamics; consumer behaviour; sustainable resource use; bioenergy; agricultural, agri-environmental and rural policy; specific European issues.
Methodological articles are welcome. All published papers are at least double peer reviewed and must show originality and innovation. The ERAE also publishes book reviews.