Mardi 30 mars 2021

Damien Dussaux (OECD) présentera "What drives emission reductions? Carbon offshoring vs. environmental policy impacts in French manufacturing companies".

Résumé :

This paper analyses carbon offshoring combining information on carbon emissions, imports, imported emissions and energy prices for French manufacturing firms between 1997 and 2014. We estimate the impact of imported emissions on domestic emissions and emission intensity using a shift-share instrumental variable strategy. We find that carbon offshoring has no effect on total emissions, but emission efficiency improves significantly in companies offshoring emissions abroad. A 10% increase in carbon offshoring causes a 4% decline in emission intensity. However, emission offshoring is not primarily driven by a pollution haven motive and energy price impacts on emission efficiency are much larger.