Carbon Leakage in the Primary Aluminium Sector: What Evidence after 6.5 Years of the EU ETS?
Open accessAbstract
This paper provides an empirical analysis of the evidence of carbon leakage from the European primary aluminium industry during the first 6 ½ years of the European Union Emissions Trading Scheme (EU ETS). The findings suggest that while rising electricity prices in several major producer countries in the EU have played a critical role in the rise in net imports of EU primary aluminium into the EU in recent years, the role of CO2 costs in this equation has been more limited than was expected in the ex-ante literature. Other factors, including rising primary energy prices and difficulties for primary smelters in obtaining long-term electricity-supply contracts, appear to have been more economically important factors than the relatively low CO2 costs which have been witnessed so far.
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- Authors
- Sartor, O.
- Corresponding author
- Sartor, Oliver
- Venue
- SSRN Electronic Journal
- Publisher
- Elsevier BV
- Published
- 2013
- ISSN
- 1556-5068 (ISSN-L)
- OpenAlex
- W2136265030
- Cited by
- 35
- References
- 15
- Citations by year
- 2026: 1 · 2025: 1 · 2024: 2 · 2023: 1 · 2022: 4 · 2021: 2 · 2020: 3 · 2019: 1 · 2018: 4 · 2017: 1 · 2016: 6 · 2015: 2 · 2014: 3 · 2013: 2 · 2012: 1
- Type
- posted content
- Language
- en
- Open access
- green
- doi.org
- Locations
- SSRN Electronic Journal (acceptedVersion)
- HAL (submittedVersion, other-oa)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Climate Change Policy and Economics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
- Social Sciences › Law › EU Law and Policy Analysis
- Keywords
- carbon leakage, primary aluminum industry, EU Emissions Trading System, electricity prices, CO2 cost, electricity contracts, aluminium smelting, emissions trading
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