The Nordic industries that are most at risk of carbon leakage are aluminium and copper, basic iron and steel, and paper. Further, these industries have on average reduced energy intensity by 28% since 2008.
Carbon leakage is a situation in which a policy-induced reduction in CO2 emissions domestically is followed by increased emissions abroad, meaning that global CO2 emissions are not reduced but merely moved from one region to another. In this study, we assess the risk of carbon leakage in Nordic industries based on a number of indicators related to cost implications of policy-induced reductions and international competitive pressure.
For further information, please contact Sigurd Næss-Schmidt