International Trade and Carbon Leakage: Working Paper 2013-08
Working Paper Series, Congressional Budget Office. International Trade and Carbon Leakage, Bruce Arnold, December 2013. Working Paper 2013-08 “Under a broad-based carbon tax or cap-and-trade program, some of the reduction in U.S. carbon dioxide emissions would probably be offset by increases in foreign emissions that would not otherwise have occurred, a phenomenon known as carbon leakage. Industries with substantial total …