Industrial decarbonisation in a fragmented world an effective carbon price with a ‘climate contribution’
Neuhoff, K., Sato, M.
, Ballesteros, F., Böhringer, C., Borghesi, S., Cosbey, A., Das, K., Ismer, R., Johnston, A., Linares, P., +8 more...Matikainen, S., Pauliuk, S., Pirlot, A., Quirion, P., Rosendahl, K. E., Sniegocki, A., van Asselt, H. & Zetterberg, L.
(2025).
Industrial decarbonisation in a fragmented world an effective carbon price with a ‘climate contribution’.
Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science.
, Ballesteros, F., Böhringer, C., Borghesi, S., Cosbey, A., Das, K., Ismer, R., Johnston, A., Linares, P., +8 more...Matikainen, S., Pauliuk, S., Pirlot, A., Quirion, P., Rosendahl, K. E., Sniegocki, A., van Asselt, H. & Zetterberg, L.
(2025).
Industrial decarbonisation in a fragmented world an effective carbon price with a ‘climate contribution’.
Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science.
This report argues that Europe’s climate policymakers must prepare options to ensure the resilience of its industrial strategy in a global context of increasing fragmentation, and proposes a ‘climate contribution’ approach. In particular, the EU’s Carbon Border Adjustment Mechanism (CBAM) may not be sufficient to provide a level playing field if other countries do not pursue comparable carbon pricing strategies. The report is authored by a group of academics from institutions across Europe,[i] led by Karsten Neuhoff and Misato Sato, and published by the Grantham Research Institute with DIW Berlin and the Centre for Economic Transition Expertise (CETEx).
