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China-European Union Trade and Global Warming

China-European Union Trade and Global Warming

Yang Laike, Liao Chun
Copyright: © 2012 |Pages: 11
ISBN13: 9781466615861|ISBN10: 1466615869|EISBN13: 9781466615878
DOI: 10.4018/978-1-4666-1586-1.ch003
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MLA

Laike, Yang, and Liao Chun. "China-European Union Trade and Global Warming." Sustainable Policy Applications for Social Ecology and Development, edited by Elias G. Carayannis, IGI Global, 2012, pp. 18-28. https://doi.org/10.4018/978-1-4666-1586-1.ch003

APA

Laike, Y. & Chun, L. (2012). China-European Union Trade and Global Warming. In E. Carayannis (Ed.), Sustainable Policy Applications for Social Ecology and Development (pp. 18-28). IGI Global. https://doi.org/10.4018/978-1-4666-1586-1.ch003

Chicago

Laike, Yang, and Liao Chun. "China-European Union Trade and Global Warming." In Sustainable Policy Applications for Social Ecology and Development, edited by Elias G. Carayannis, 18-28. Hershey, PA: IGI Global, 2012. https://doi.org/10.4018/978-1-4666-1586-1.ch003

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Abstract

The globalization of trade has numerous environmental implications. Trade results from a geographic separation of consumption and production. This creates a mechanism for consumers to shift environmental pollution to other countries. China is now the world third biggest trader and the second biggest trade partner of EU. China has also overtaken the U.S. as the world biggest CO2 emitter since 2005. As China’s biggest trade partner, EU has a large trade deficit with China, but on the other hand, CO2 emissions embodied in Sino-EU trade are much more unbalanced than the trade imbalance itself. EU avoided a huge amount of CO2 emissions through trading with China. This lowers CO2 emissions in the EU and facilitates EU meeting its CO2 emission reduction targets, but it creates additional environmental burdens for China. In this paper, the dual imbalances between China and the EU, its mechanism, and policy implications will be presented.

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