The impact of EU's "carbon tariff" policy on the development  of China's aluminum industry and its response

Tianqi Zhao

doi:10.54097/c8f3dp06

Authors

Tianqi Zhao

DOI:

https://doi.org/10.54097/c8f3dp06

Keywords:

carbon border adjustment mechanism; Carbon tariff; exports of aluminum products; aluminum industry.

Abstract

In order to cope with the impact of carbon emissions on global climate change, the Council of the European Union adopted the Carbon Border Adjustment Mechanism (CBAM, hereinafter referred to as "carbon tariff") on March 15, 2022, which will have a profound impact on the international aluminum trade and the low-carbon development of the aluminum industry. As one of the largest aluminum producers in the world, China's aluminum industry inevitably needs to cope with the challenges brought by carbon tariff policy. Therefore, this paper is devoted to studying the impact of the EU's "carbon tariff" policy on China's aluminum industry, and formulating corresponding countermeasures to ensure the competitiveness and sustainable development of China's aluminum industry.

Downloads

Download data is not yet available.

References

Fu Guoyin, Chen Xiaoli. Research on the EU carbon border adjustment mechanism and its impact on China and its response [J]. China Standardization,2024(03):241-245.

SHANG S J, Zhu Z R, DONG J R et al. Impact of EU CBAM on Sino-EU trade [J]. Chinese Foreign Investment,2024(01):115-117.

ZHANG Liangliang, TAN Xianshi, HAN Zhanmeng, et al.Research on the impact of EU carbon border adjustment mechanism on shipping industry [J]. Shipping Materials and Markets, 2020,30(07):9-11.

XING L, FAN Y X, LI M J. Latest developments, future challenges and China's response to the carbon border adjustment mechanism in Europe and the United States [J]. International Taxation,2023,(09):24-30.

Feng, W. & Yuan, Y. Illustration of global and Chinese aluminum commodity international trade [J]. Resources Recycling,2023(04):20-28.

YUAN C M. The impending pressure of carbon reduction! [J]. Textile and Clothing Weekly,2023(16):5.

GUO C X. Research on the transformation and development of China's non-ferrous metal industry under the "dual carbon" goal [J]. Guangxi Social Sciences,2022(01):135-143.

Ye D C. The impact of EU carbon border adjustment mechanism on China's carbon emissions and welfare. Jiangxi University of Finance and Economics,2023.