Germany's contribution to global carbon reduction might be underestimated – A new assessment based on scenario analysis with and without trade

Li, Rongrong; Wang, Qiang; Wang, Xuefeng; Zhou, Yanyan; Han, Xinyu; Liu, Yi

doi:10.1016/j.techfore.2021.121465

Cited by 52 publications

(25 citation statements)

References 79 publications

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“…Carbon transfer in developed countries has been criticized by other countries, but its contribution to carbon reduction seems to be underestimated. The study found that without Germany, global embodied CO2 emissions would increase by an average of 1.53%, its participation in international trade has contributed to carbon reductions in developing countries, particularly China and Russia (Li R. et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 98%

Study on the synergistic effect of foreign trade, technological progress, and carbon emissions

Zhang

Wang²,

Hua³

et al. 2022

Front. Ecol. Evol.

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A primary development plan for a country is to attain carbon neutrality and high-quality international commerce development. This study uses panel data from 30 provinces in mainland China to analyze the dynamic interplay between international trade, technological innovation, and carbon emissions. The findings show that foreign trade, technological progress, and carbon emissions all have their own “economic inertia” that can be self-motivated and self-reinforcing. Foreign commerce and carbon emissions are mutually inhibiting, but technical progress and carbon emissions are mutually reinforcing. This illustrates that achieving a positive cycle of international trade, technological improvement, and carbon emissions necessitates a significant baseline need. Overcoming carbon trade barriers is currently the most difficult challenge for Chinese enterprises involved in foreign commerce. Low-carbon technology advancements are a critical part in this process. Our research strengthens the positive connections between international trade and carbon emissions as a result of technological improvement and proposes a feasible plan for international trade to achieve carbon peaking and carbon neutrality.

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Section: Literature Reviewmentioning

confidence: 98%

Study on the synergistic effect of foreign trade, technological progress, and carbon emissions

Zhang

Wang²,

Hua³

et al. 2022

Front. Ecol. Evol.

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“…However, the total predictability of returns and the predictive power of changes in oil prices varied significantly between markets (Wang and Zhang, 2021;Li et al, 2022b;Li et al, 2022c). However, the total predictability of budget returns and the predictive power of changes in oil and gas revenues varied significantly between different countries (Phoumin and Kimura, 2014;Parker and Liddle, 2017;Ozimek, 2020;Parker and Bhatti, 2020;Pham et al, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Energy stability and decarbonization in developing countries: Random Forest approach for forecasting of crude oil trade flows and macro indicators

Nyangarika

Mikhaylov

Muyeen

et al. 2022

Front. Environ. Sci.

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The paper observes the dependence of the main macroeconomic indicators in developing countries from the change in world prices for crude oil. We analyzed a system of simultaneous equations, which makes it possible to verify some of these hypotheses, and developed the model to forecast the impact of oil prices on budget revenues. The practical significance of this work lies in the structuring of existing knowledge on the impact of oil crisis. The results of this work can be considered confirmation of the hypothesis of the sensitivity of U.S. macroeconomic indicators to the dynamics of oil prices. Outcomes assume stable growth even in the period of shock prices for oil, which is confirmed by the statistics that were used in the model. Deep decarbonization modeling is a trend in industrial facilities that are used by developing countries. The major challenge is the issue of availability that is applicable to the countries that want to utilize this facility in their communities. Industrial modeling toward decarbonization is now a developing mechanism to curb the growing issue of atmospheric pollution. This paper proves the relevance of promoting deep decarbonization applied by the developing countries.

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“…Based on López et al's (2013) method, Zhang et al (2017 extended the balance of avoided emission (BAE) to an MRIO model. Furthermore, Li et al (2022) evaluated the impact of trade on global carbon mitigation by comparing embodied carbon emissions in free-trade and non-trade scenarios. These innovative works provide useful insights into understanding how different regions, sectors, and trade patterns affect global emissions.…”

Section: Introductionmentioning

confidence: 99%

Comprehensive assessment of the environmental and employment impacts of international trade from the perspective of global value chains

Bai

Zhang

Ning

2023

Front. Environ. Sci.

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A comprehensive assessment of the environmental and employment impacts of international trade is essential for coordinating sustainable development between the economy, environment, and society. International trade is an important driving force for global economic growth. However, the environmental and social impacts of trade under global value chains (GVCs) have not yet been comprehensively characterized. This study aims to estimate the impacts of international trade from 2000–2014 on carbon emissions and employment using the gross export decomposition method, incorporating a counterfactual method based on the multi-region input–output model. We found that (1) at the global level, international trade has been conducive to carbon emission reductions since 2003 and played a role in increasing employment throughout the study period; however, the impacts of GVC-related trade have been mixed, generating global emissions savings, but leading to job losses. This implies that there is a trade-off between carbon emission reduction through GVC embedding and employment creation. (2) At the national level, a country’s participation in international trade benefits the environment, employment, or both. In this sense, international trade is no longer a zero-sum game; rather, it is likely to be a positive-sum game for all participants regarding environmental benefits and job creation. (3) In bilateral trade, developed and developing economies have positive and negative impacts, meaning that they should take joint actions to balance environment–employment–trade growth. These findings are useful for determining the responsibilities of different countries toward climate change and achieving sustainable development of the economy, society, and environment.

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Germany's contribution to global carbon reduction might be underestimated – A new assessment based on scenario analysis with and without trade

Cited by 52 publications

References 79 publications

Study on the synergistic effect of foreign trade, technological progress, and carbon emissions

Study on the synergistic effect of foreign trade, technological progress, and carbon emissions

Energy stability and decarbonization in developing countries: Random Forest approach for forecasting of crude oil trade flows and macro indicators

Comprehensive assessment of the environmental and employment impacts of international trade from the perspective of global value chains

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