Searching for carbon leaks in multinational companies

Antoine Dechezlepr�tre, Caterina Gennaioli, Ralf Martin and Mirabelle Mu�ls
Authors registered in the RePEc Author Service: Mirabelle Muûls () and Antoine Dechezleprêtre

No 165, GRI Working Papers from Grantham Research Institute on Climate Change and the Environment

Abstract: Does climate change policy cause companies to shift the location of production, thereby creating carbon leakage? We examine the impact of the European Union Emissions Trading System (EU ETS) on the geographical distribution of carbon emissions within multinational companies based on data from the Carbon Disclosure Project for the period 2007- 2009. Our data includes regional emissions of 435 companies, of which 47 are subject to EU ETS regulation. We find no evidence that the EU ETS has induced a displacement of carbon emissions from Europe towards the rest of the world. Our results suggest that claims that the EU ETS would cause carbon leakage might have been exaggerated.

Date: 2014-09
New Economics Papers: this item is included in nep-ene, nep-env, nep-eur, nep-reg and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Journal Article: Searching for carbon leaks in multinational companies (2022)
Working Paper: Searching for carbon leaks in multinational companies (2019)
Working Paper: Searching for Carbon Leaks in Multinational Companies (2019)
Working Paper: Searching for carbon leaks in multinational companies (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:lsg:lsgwps:wp165

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