Distributional consequences shape public support for the EU carbon border adjustment mechanism: evidence from four European countries
P Bayer,
L M Schaffer
Abstract:A carbon border adjustment mechanism (CBAM) is a policy that increases the cost of carbon-intensive imports from countries with no or weak national carbon regulation. Proponents advocate that it helps avoid industrial relocation and protects jobs in the importing country; its critics say that it impedes free trade and drives up prices. Despite European Union legislation to introduce a CBAM policy, we find that citizens in our samples across four European countries---Germany (n=3,500), Hungary (n=2,512), Switze… Show more
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