Carbon Border Adjustment Mechanism (CBAM): Environmentally Good or Bad?
Time & Date: 15:00-17:00, April 28, 2021 (Wednesday)
Venue: W203, Administration Building
March 10, 2021 EU Parliament has formally passed the Bill of Carbon Border Adjustment Mechanism (CBAM). And the US Biden Administration is also considering a climate tariff while hosting the Earth Day Summit showing US's global leadership of climate change. Is CBAM environmentally good or bad? Is it necessary, feasible and coherent with WTO rules? Could CBAM enhance US and EU's global leadership of climate? What are CBAM's potential impacts on China and other developing countries? Dr. HU Tao will continue to discuss on these issues with you after last December's Environmental Goods (EGs) issue.
Dr. HU Tao is President of Lakestone Institute for Sustainable Development (LISD), Senior Adviser to WWF China, Chairman of Board of Professional Association for China's Environment (PACE), Vice President of the Union of Chinese American Professional Organizations (UCAPO). Prior he was WWF-US's China Program Managing Director, Senior Fellow of World Resources Institute (WRI), Senior Fellow of Policy Research Center of Ministry of Environmental Protection (MEP), China. He was a Visiting Professor at Center for Asia and Pacific Studies (CAPS) of University of Oregon, USA and a Visiting Professor of Environmental School, Beijing Normal University. He was also the Chief Expert of Trade and Environment Expert Group for WTO New Round Negotiation, Ministry of Environmental Protection (MEP) of China. He served as a member of Lead Expert Group China Council for International Cooperation on Environment and Development (CCICED) during 2001-2007. Dr. Hu's research covers Environmental Economics, Policy and Governance, Trade, Investment and Environment, Globalization and B&R, Co-control of Air Pollutants and GHGs, 3E (Energy, Environment and Economics) Policy etc.