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The multilateral regime to address the problem of global climate change is manifest in the Kyoto Protocol, negotiated in that city in 1997, and likely soon to enter into force. The multilateral regime to address international trade is manifest in the World Trade Organization, established in...
Persistent link: https://www.econbiz.de/10014068531
We study the endogenous formation of climate coalitions linked to a preferential free trade arrangement. In a multi-stage strategic trade and participation game, coalition and fringe countries dispose of a discriminatory tariff on dirty imports as well as emission permits imposed on domestic...
Persistent link: https://www.econbiz.de/10013435665
The climate crisis is the most important long-term challenge facing policymakers around the world. Addressing it will require deep economic transformations within and across national borders, and a mix of ambition and pragmatism about what nations’ individual political and legal constraints...
Persistent link: https://www.econbiz.de/10013222091
The transformation from Kyoto to Paris has been analysed by international relations scholars, international law, and transnational governance theory. The international relations literature looks at the climate regime from a perspective of power distribution, state interests, institutions, and...
Persistent link: https://www.econbiz.de/10012416102
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The implementation of the European Union’s (EU) Green Deal to reduce emissions by 2030 and to achieve climate neutrality by 2050 will have an impact on the EU’s trade policy and on its trade relations with its non-EU partners. With the ongoing decarbonisation process of European economic...
Persistent link: https://www.econbiz.de/10013459307
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This paper examines how border carbon adjustments (BCAs) may address the unintended consequences of uncoordinated global climate action, focusing on the economic implications for Canada. We investigate these implications under different BCA design features and by considering a coalition of...
Persistent link: https://www.econbiz.de/10014287041