Carbon pricing has recently gained further momentum from the European Union (EU)'s plan for the Carbon Border Adjustment Mechanism (CBAM). The CBAM aims to align the greenhouse gas (GHG) emission costs in imported products with those within the EU. CBAM will affect foreign producers in targeted sectors, incentivizing them to employ low-emission technology, and encouraging trading partners to implement carbon pricing akin to the EU's.

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Exposure to hazardous chemicals in consumer products poses significant risks to personal health and the environment, and the combined effects may be negative even if each individual exposure is low. This necessitates informed and effective policies for risk reduction.

The non-food segment of the Chinese seaweed market, which is crucial for developing the hydrocolloid industry, relies heavily on the seaweed supply from Chile, Peru, and, to a much lesser extent, Indonesia, in addition to domestic production. In this paper we investigate the degree of market integration between seaweed from these countries. We find that the market is highly integrated as the Law of One Price holds, suggesting a global market. Furthermore, the import price from Chile and Indonesia follows the lead of the import price from Peru.

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Abstract