Mark is a Research Economist IVL. His research focuses on international trade and environmental economics. Methodologically, Mark applies econometric tools to microeconomic data on firms and consumers to test competing economic theories.
All Sessions by Mark Sanctuary
21 February 2019
Climate & Trade: Time to look at it again?
14:30 - 15:45
Technologies exist to produce low carbon steel, cement, chemicals and other energy-intensive products exist, but they do not yet find sufficient demand in the marketplace. Low-carbon technologies are significantly more expensive than high-carbon conventional products. In the absence of a competitive global carbon price, they will need government support such as government-induced demand and some element of protection from competing high-carbon cheaper substitutes. Which sectors would be concerned? What will this mean for European trade policy and the global trade system? Can support for low-carbon technologies be made WTO-compatible?