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Climate Change Meets Trade in Promoting Green Growth: Potential Conflicts and Synergies AgEcon
Zhang, ZhongXiang.
To date, border adjustment measures in the form of emissions allowance requirements (EAR) under the U.S. proposed cap-and-trade regime are the most concrete unilateral trade measure put forward to level the carbon playing field. If improperly implemented, such measures could disturb the world trade order and trigger a trade war. Because of these potentially far-reaching impacts, this paper focuses on this type of unilateral border adjustment, which requires importers to acquire and surrender emissions allowances corresponding to the embedded carbon contents in their goods from countries that have not taken climate actions comparable to that of home country. This discussion is mainly on the legality of unilateral EAR under the WTO rules. Given that the...
Tipo: Working or Discussion Paper Palavras-chave: Post-2012 climate negotiations; Border carbon adjustments; Carbon tariffs; Emissions allowance requirements; Cap-and-trade regime; Lieberman-Warner bill; Waxman-Markey bill; World Trade Organization; Kyoto Protocol; Developing countries; United States; Environmental Economics and Policy; F18; Q48; Q54; Q56; Q58.
Ano: 2010 URL: http://purl.umn.edu/59475
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Multilateral Trade Measures in a Post-2012 Climate Change Regime?: What Can Be Taken from the Montreal Protocol and the WTO? AgEcon
Zhang, ZhongXiang.
The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far trade-related measures should be incorporated in that context. Drawing on an analogy to the Montreal Protocol and comparing developing country’s climate mitigation and adaptation needs with the funding available, the paper argues that such measures should initially be applied only among Annex I or II countries. To discipline the use of unilateral trade measures at the international level, the paper emphasizes a need to define comparable climate efforts. Moreover,...
Tipo: Working or Discussion Paper Palavras-chave: Post-2012 climate negotiations; Trade-related measures; Lieberman-Warner bill; WTO; Montreal Protocol; Developing countries; United States; Environmental Economics and Policy; F18; Q48; Q54; Q56; Q58.
Ano: 2009 URL: http://purl.umn.edu/54359
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