carbon leakage and competitiveness

Carbon leakage refers to the situation where the reduction of carbon emissions in one country leads to an increase in emissions in another country, resulting in a net global increase in emissions. Competitiveness, on the other hand, refers to a country's ability to compete with other countries economically. The term "carbon leakage and competitiveness" refers to the potential economic and competitive disadvantages faced by countries that undertake measures to reduce their carbon emissions, as industries may relocate to regions with weaker emission regulations, thereby undermining the efforts to mitigate climate change.

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