Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:50:34am WEST
External resources will be made available 30 min before a session starts. You may have to reload the page to access the resources.
|
Daily Overview |
| Session | |
|
Thematic Session: Low-Carbon Transitions in Asia (Streaming) Location: B008 Session Chair: Jeong Won Kim, Energy Studies Institute, National University of Singapore Session Chair: Roger Fouquet, National University of Singapore | |
    | |
The impact of Carbon Border Adjustment Mechanism (CBAM) on India’s industry and household sectors: A CGE Modelling Approach 1: Energy Studies Institute, National University of Singapore, Singapore; 2: Centre for Social and Economic Progress The implementation of the EU’s CBAM could have significant implications for developing country exports to the EU due to differences in carbon price levels. This study simulates three carbon tax scenarios, using a recursive dynamic CGE model, to assess the impact of CBAM on India. In the first scenario (PCARBON), a domestic carbon tax is applied to the CBAM-exposed sectors, and the carbon tax revenue is collected by India. In the second scenario (CBAM), the carbon tax is applied only to the EU exports of the CBAM sectors and the carbon tax revenue accrues to the EU. The third scenario (PCARBON+CBAM) combines the above two scenarios, whereby the carbon tax rate on domestic production and EU exports is halved, and the carbon tax revenue is allocated between India and the EU proportionately. The results indicate adverse impacts on GDP in all the above three scenarios, with the extent of impact depending on the carbon tax rate and the carbon tax revenue allocation scheme between the EU and India. A lower carbon tax rate with revenue allocation between India and the EU (PCARBON + CBAM) could help to reduce the adverse effects on the economy and households. Despite the adverse effects domestic carbon pricing could foster the energy transition through the growth of renewables, and could be a significant source of government revenue. The main conclusion of the study is that CBAM could be a cost effective tool to foster carbon pricing and climate mitigation globally. | |