2018
DOI: 10.3390/su10072390
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Abstract: After COP 21, with the adoption of the Paris Agreement in December 2015, the outlook for carbon pricing policies has been widened. While the agreement does not directly establish a global carbon pricing, the provisions accounted for in Article 6 have the potential to increase international cooperation in favor of greenhouse gas (GHG) mitigation through market mechanisms. The Brazilian Nationally Determined Contribution (NDC) considers the use of such mechanisms, though the configuration of the Brazilian climat… Show more

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Cited by 13 publications
(15 citation statements)
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References 25 publications
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“…However, there is no clear indication of how these instruments will be used . It signals that long‐term investments need to be made in order to decarbonize the economy . This paper does not aim to discuss the design of a carbon pricing instrument for Brazil but instead it shows that a local or a global CO 2 market could boost the use of abundant primary energy sources in Brazil to produce ethylene.…”
Section: Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…However, there is no clear indication of how these instruments will be used . It signals that long‐term investments need to be made in order to decarbonize the economy . This paper does not aim to discuss the design of a carbon pricing instrument for Brazil but instead it shows that a local or a global CO 2 market could boost the use of abundant primary energy sources in Brazil to produce ethylene.…”
Section: Resultsmentioning
confidence: 99%
“…104 It signals that long-term investments need to be made in order to decarbonize the economy. [107][108][109] This paper does not aim to discuss the design of a carbon pricing instrument for Brazil but instead it shows that a local or a global CO 2 market could boost the use of abundant primary energy sources in Brazil to produce ethylene. Moreover, it shows that, under a carbon pricing mechanism, the bio-based chemical industry, based on sugarcane, could produce ethylene competitively when compared to the alternative process from naphtha.…”
Section: Resultsmentioning
confidence: 99%
“…In fact, Brazil's key strategies include a deforestation action plan and developing renewable energies. The other approach in order to reduce CO 2 emission involves the industrial sector: modifying the efficiency of processes [93]. Mexico as the second biggest economy in the region, besides developing a renewable energies program, concentrates more on specific regulatory tools in the industrial sector.…”
Section: Resultsmentioning
confidence: 99%
“…With regard to carbon leakage, Wang et al [35] expanded the analysis of carbon leakage from the view point of emissions trading system (ETS) sectors to that of non-ETS sectors, and investigated the interaction between the ETS and other policies. Santos et al [36] evaluated the impacts of carbon pricing instruments on the industry in Brazil and found the carbon leakage could occur as an expected outcome. Martin et al [37] analyzed the current scheme in order to address the carbon leakage implemented in the EU ETS.…”
Section: Literaturementioning
confidence: 99%