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As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness...
Persistent link: https://www.econbiz.de/10012180861
The China - Raw Materials dispute recently arbitrated by the WTO opposed China as defendant to the US, the EU and Mexico as claimants on the somewhat unusual issue of export restrictions on natural resources. For the claimants, Chinese export restrictions on various raw materials, of which the...
Persistent link: https://www.econbiz.de/10010419928
The WTO does not squarely address the issue of jurisdictional ambit of national policies (affecting trade). And yet, absent some agreement as to what trading nations can and cannot do, the WTO loses much of its effectiveness. In the absence of explicit regulation of the issue in the WTO...
Persistent link: https://www.econbiz.de/10014148524
The China-Raw Materials dispute recently arbitrated by the WTO opposed China as defendant to the US, the EU and Mexico as claimants on the somewhat unusual issue of export restrictions on natural resources. For the claimants, Chinese export restrictions on various raw materials, of which the...
Persistent link: https://www.econbiz.de/10013046042
Carbon leakage is an issue of major interest in both academic and policy debates about the effectiveness of unilateral climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions TradingSystem (EU ETS) covers emissions of many traded...
Persistent link: https://www.econbiz.de/10011746562
This paper is the first to estimate the effect of two international agreements (Rotterdam Convention, RC, and the Stockholm Convention, SC) in reducing trade in hazardous substances. We estimate the effects of ratification of these agreements on imports of the affected products putting emphasis...
Persistent link: https://www.econbiz.de/10011774922
While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the...
Persistent link: https://www.econbiz.de/10013370320
This chapter discusses the basic obligations for national product safety regulations imposed by the TBT Agreement, and gives a general picture of the rules on technical standards that are applicable in the relations between China and its trading partners. The first section defines the scope of...
Persistent link: https://www.econbiz.de/10014123853
than one carbon energy source may turn counter-productive, ultimately increasing world emissions. Thus, we establish … of the world's emission commitments more difficult to meet. Finally, we apply our results to the case of the US …
Persistent link: https://www.econbiz.de/10012943061
counterproductive, ultimately increasing world emissions. We establish testable conditions as to whether a unilateral tax on domestic CO … characterize this strategy's implications for climate policy in the rest of the world. Finally, we present an illustrative …
Persistent link: https://www.econbiz.de/10012294568