Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage

Although the existing literature identifies a fuel levy imposed by means of a global agreement as the most efficient policy for carbon pricing in the maritime sector, scholars and policy makers debate the possibility for regional measures to be int...

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Main Authors: Dominioni, Goran, Heine, Dirk, Martinez Romera, Beatriz
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/714251516824511861/Regional-carbon-pricing-for-international-maritime-transport-challenges-and-opportunities-for-global-geographical-coverage
http://hdl.handle.net/10986/29285
id okr-10986-29285
recordtype oai_dc
spelling okr-10986-292852021-06-08T14:42:48Z Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage Dominioni, Goran Heine, Dirk Martinez Romera, Beatriz CARBON POLICY CARBON PRICING GREENHOUSE GAS EMISSIONS MARITIME EMISSIONS TRANSPORT REGIONAL INTEGRATION ENVIRONMENTAL IMPACT COMPETITIVENESS AVOIDANCE STRATEGY GLOBAL AGREEMENT Although the existing literature identifies a fuel levy imposed by means of a global agreement as the most efficient policy for carbon pricing in the maritime sector, scholars and policy makers debate the possibility for regional measures to be introduced in case a global agreement cannot be achieved. This debate has highlighted several economic, legal, and political challenges that the implementation of an efficient and effective regional scheme would have to face. This paper compares the relative performance of various regional measures for carbon pricing based on the following criteria: jurisdictional basis, data availability, environmental effectiveness and avoidance strategies, impact on competitiveness, differentiation for developing countries, and incentives for reaching a global agreement. The main finding is that, if carefully designed, a cargo-based measure that covers the emissions released throughout the whole voyage to the cargo destination presents various advantages compared with other carbon pricing schemes. These advantages have been largely ignored in the literature. 2018-01-31T19:54:12Z 2018-01-31T19:54:12Z 2018-01 Working Paper http://documents.worldbank.org/curated/en/714251516824511861/Regional-carbon-pricing-for-international-maritime-transport-challenges-and-opportunities-for-global-geographical-coverage http://hdl.handle.net/10986/29285 English Policy Research Working Paper;No. 8319 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON POLICY
CARBON PRICING
GREENHOUSE GAS EMISSIONS
MARITIME EMISSIONS
TRANSPORT
REGIONAL INTEGRATION
ENVIRONMENTAL IMPACT
COMPETITIVENESS
AVOIDANCE STRATEGY
GLOBAL AGREEMENT
spellingShingle CARBON POLICY
CARBON PRICING
GREENHOUSE GAS EMISSIONS
MARITIME EMISSIONS
TRANSPORT
REGIONAL INTEGRATION
ENVIRONMENTAL IMPACT
COMPETITIVENESS
AVOIDANCE STRATEGY
GLOBAL AGREEMENT
Dominioni, Goran
Heine, Dirk
Martinez Romera, Beatriz
Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
relation Policy Research Working Paper;No. 8319
description Although the existing literature identifies a fuel levy imposed by means of a global agreement as the most efficient policy for carbon pricing in the maritime sector, scholars and policy makers debate the possibility for regional measures to be introduced in case a global agreement cannot be achieved. This debate has highlighted several economic, legal, and political challenges that the implementation of an efficient and effective regional scheme would have to face. This paper compares the relative performance of various regional measures for carbon pricing based on the following criteria: jurisdictional basis, data availability, environmental effectiveness and avoidance strategies, impact on competitiveness, differentiation for developing countries, and incentives for reaching a global agreement. The main finding is that, if carefully designed, a cargo-based measure that covers the emissions released throughout the whole voyage to the cargo destination presents various advantages compared with other carbon pricing schemes. These advantages have been largely ignored in the literature.
format Working Paper
author Dominioni, Goran
Heine, Dirk
Martinez Romera, Beatriz
author_facet Dominioni, Goran
Heine, Dirk
Martinez Romera, Beatriz
author_sort Dominioni, Goran
title Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
title_short Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
title_full Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
title_fullStr Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
title_full_unstemmed Regional Carbon Pricing for International Maritime Transport : Challenges and Opportunities for Global Geographical Coverage
title_sort regional carbon pricing for international maritime transport : challenges and opportunities for global geographical coverage
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/714251516824511861/Regional-carbon-pricing-for-international-maritime-transport-challenges-and-opportunities-for-global-geographical-coverage
http://hdl.handle.net/10986/29285
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