Carbon Barriers to Trade: WTO Law Issues
Article from: OGEL 4 (2020), in Climate Change
Abstract
Within the current "energy transition" process, growth of "green" and low-carbon energy sources' production is supported by various national and regional carbon regulation measures that directly or indirectly prescribe or encourage reduction of the fossil fuels use. Privileged treatment of "green" energy and carbon border taxation are examples of such measures. Under WTO law, these measures share one common feature in that they are capable of creating obstacles to international trade due to different treatment of otherwise identical goods based on their varying carbon footprint (e.g. ...