Enlightenment and Calculation of Sino-US Carbon Emission Transfer Based on Merchandise Trade

Authors

  • Advait Kumar, Vidhi Choudhary Author

Keywords:

Sino-US Trade, Merchandise Trade, Carbon Footprint, Environmental Economics, Climate Change Mitigation

Abstract

This study sheds light on the carbon emission transfer between China and the United States, leveraging data on merchandise trade. Drawing upon insights from environmental economics, international trade, and climate change mitigation, the research aims to quantify the extent of carbon emissions embodied in the bilateral trade between the two largest economies. Through comprehensive data analysis and modeling techniques, including input-output analysis and carbon footprint accounting, the study calculates the carbon emissions embedded in the goods traded between China and the United States. Furthermore, it examines the implications of carbon emission transfer for both countries' carbon footprints, climate policies, and global efforts to address climate change. The findings offer valuable insights into the interconnectedness of international trade and carbon emissions, highlighting the need for coordinated action and policy cooperation to effectively manage carbon emission transfers and promote sustainable development. The research contributes to a better understanding of the carbon footprint implications of global trade patterns and informs policymakers, industry stakeholders, and researchers on strategies for reducing carbon emissions while fostering economic growth and international trade.

Published

2021-11-11

Issue

Section

Articles