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This article explains why policy makers should seriously consider substantial early reductions in greenhouse gas emissions as a part of any post-Kyoto framework, and sets out suggested elements of a framework for early action in a post-Kyoto agreement. Substantial early reductions are needed...
Persistent link: https://www.econbiz.de/10014219352
This paper identifies some of the problems of ensuring protection of the climate as well as fair competition in World Trade Organization antidumping law. A product is dumped when the export price is lower than the price charged by the exporter on the domestic market. If the dumped prices cause...
Persistent link: https://www.econbiz.de/10013211105
“Extreme” weather has become the new normal. What were previously considered to be inexplicable and unpredictable “acts of God” can no longer reasonably be said to be so. They are acts of man. The established doctrine of contractual impracticability rests on the notion that a party may...
Persistent link: https://www.econbiz.de/10012983504
The European Union (EU) is a self-conscious leader in the ‘fight’ against climate change and an active proponent of an ambitious global climate regime. Nonetheless, to a significant degree its efforts have been in vain. A global agreement to extend or replace the Kyoto Protocol has not been...
Persistent link: https://www.econbiz.de/10014175933
The EU is engaged in an ambitious, controversial, and high-stakes experiment to extend the reach of its climate change law. It is seeking to use its market power to stimulate climate action, and to substitute for climate inaction, elsewhere. This is most apparent in relation to the EU’s...
Persistent link: https://www.econbiz.de/10014176036
The amount of greenhouse gas emissions and consequent climate changes and social responses will depend substantially upon the rapid development and widespread dissemination of a wide variety of new mitigation and adaptation technologies. The international approach adopted by the UN Framework...
Persistent link: https://www.econbiz.de/10014185204
Most of the oil wells in Nigeria are accompanied by a raging flame that burns twenty-four hours a day, reaching hundreds of feet into the sky, killing the surrounding vegetation with searing heat, emitting a deafening roar, and belching a cocktail of smoke, soot, and toxic chemicals into the air...
Persistent link: https://www.econbiz.de/10014214068
This article explains the basic elements of climate change law, with a particular focus on those issues that promise to be important for a considerable time as well as the major factors that are driving the development of this law. The emerging law of climate change is being constructed at the...
Persistent link: https://www.econbiz.de/10014222423
It is increasingly common for states to adopt climate change legislation that includes within its scope greenhouse gas emissions that occur outside of their territory. This legislation is frequently characterized as extraterritorial and its appropriateness and legality is cast in doubt. Drawing...
Persistent link: https://www.econbiz.de/10014134273
We examine the impact of a unilateral carbon tax in developed countries focusing on the expected size of carbon leakage (an increase in emissions in non-taxing regions as a result of the tax) and the effects on leakage of border tax adjustments. We start by analyzing the problem using a simple...
Persistent link: https://www.econbiz.de/10013105737