Energy
5 years ago

Netherlands' real CO2 emissions vastly underestimated due to global trade, posing challenges for EU climate policy.

The Central European Review of Economics and Management
The impact of foreign trade on the Netherlands’ real CO2 emissions
Bartosz Fortuński

Paper Summary

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The Netherlands' real CO2 emissions are different from what is usually reported. Trade plays a big role in this, as emissions from imported and exported goods affect the overall picture. Actions taken by one country alone won't make a big impact on global CO2 levels. This study suggests that considering international trade is crucial for countries to reach their emission reduction goals.