Global trade in the energy transition: Principles for clean energy supply chains & carbon pricing

In the briefing note, Global trade in the energy transition: Principles for clean energy supply chains & carbon pricing, the ETC explores how strategic trade and industrial policy can accelerate — rather than hinder — the global energy transition. However, growing concerns over concentrated supply chains and perceptions that carbon border adjustments are protectionist could significantly delay global progress. The ETC briefing proposes an optimal way forward on two crucial trade-related issues:  

• Developing domestic supply chains: six principles for policy.  

• Carbon pricing and carbon border adjustment mechanisms (CBAMs): gaining global agreement to policies which can drive decarbonisation of “hard to abate” sectors.