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Regional trade agreement burdens global carbon emissions mitigation
Regional trade agreements (RTAs) have been widely adopted to facilitate international trade and cross-border investment and promote economic development. However, ex ante measurements of the environmental effects of RTAs to date have not been well conducted. Here, we estimate the CO(2) emissions bur...
Autores principales: | , , , , , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Nature Publishing Group UK
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8776788/ https://www.ncbi.nlm.nih.gov/pubmed/35058436 http://dx.doi.org/10.1038/s41467-022-28004-5 |
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author | Tian, Kailan Zhang, Yu Li, Yuze Ming, Xi Jiang, Shangrong Duan, Hongbo Yang, Cuihong Wang, Shouyang |
author_facet | Tian, Kailan Zhang, Yu Li, Yuze Ming, Xi Jiang, Shangrong Duan, Hongbo Yang, Cuihong Wang, Shouyang |
author_sort | Tian, Kailan |
collection | PubMed |
description | Regional trade agreements (RTAs) have been widely adopted to facilitate international trade and cross-border investment and promote economic development. However, ex ante measurements of the environmental effects of RTAs to date have not been well conducted. Here, we estimate the CO(2) emissions burdens of the Regional Comprehensive Economic Partnership (RCEP) after evaluating its economic effects. We find that trade among RCEP member countries will increase significantly and economic output will expand with the reduction of regional tariffs. However, the results show that complete tariff elimination among RCEP members would increase the yearly global CO(2) emissions from fuel combustion by about 3.1%, doubling the annual average growth rate of global CO(2) emissions in the last decade. The emissions in some developing members will surge. In the longer run, the burdens can be lessened to some extent by the technological spillover effects of deeper trade liberalization. We stress that technological advancement and more effective climate policies are urgently required to avoid undermining international efforts to reduce global emissions. |
format | Online Article Text |
id | pubmed-8776788 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Nature Publishing Group UK |
record_format | MEDLINE/PubMed |
spelling | pubmed-87767882022-02-04 Regional trade agreement burdens global carbon emissions mitigation Tian, Kailan Zhang, Yu Li, Yuze Ming, Xi Jiang, Shangrong Duan, Hongbo Yang, Cuihong Wang, Shouyang Nat Commun Article Regional trade agreements (RTAs) have been widely adopted to facilitate international trade and cross-border investment and promote economic development. However, ex ante measurements of the environmental effects of RTAs to date have not been well conducted. Here, we estimate the CO(2) emissions burdens of the Regional Comprehensive Economic Partnership (RCEP) after evaluating its economic effects. We find that trade among RCEP member countries will increase significantly and economic output will expand with the reduction of regional tariffs. However, the results show that complete tariff elimination among RCEP members would increase the yearly global CO(2) emissions from fuel combustion by about 3.1%, doubling the annual average growth rate of global CO(2) emissions in the last decade. The emissions in some developing members will surge. In the longer run, the burdens can be lessened to some extent by the technological spillover effects of deeper trade liberalization. We stress that technological advancement and more effective climate policies are urgently required to avoid undermining international efforts to reduce global emissions. Nature Publishing Group UK 2022-01-20 /pmc/articles/PMC8776788/ /pubmed/35058436 http://dx.doi.org/10.1038/s41467-022-28004-5 Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/ (https://creativecommons.org/licenses/by/4.0/) . |
spellingShingle | Article Tian, Kailan Zhang, Yu Li, Yuze Ming, Xi Jiang, Shangrong Duan, Hongbo Yang, Cuihong Wang, Shouyang Regional trade agreement burdens global carbon emissions mitigation |
title | Regional trade agreement burdens global carbon emissions mitigation |
title_full | Regional trade agreement burdens global carbon emissions mitigation |
title_fullStr | Regional trade agreement burdens global carbon emissions mitigation |
title_full_unstemmed | Regional trade agreement burdens global carbon emissions mitigation |
title_short | Regional trade agreement burdens global carbon emissions mitigation |
title_sort | regional trade agreement burdens global carbon emissions mitigation |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8776788/ https://www.ncbi.nlm.nih.gov/pubmed/35058436 http://dx.doi.org/10.1038/s41467-022-28004-5 |
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