Greenhouse Gas Emissions Trading and the World Trading System
Journal of World Trade, Vol. 32, No. 5, pp. 219-239, October 1998
Posted: 5 Jun 2001
This article examines whether a greenhouse gas emissions trading scheme has the potential to bring parties into conflict with the WTO provisions in dealing with the initial allocation of permits, non-compliance with emissions targets, emissions trading system enlargement, and trade measures against non-members of an emissions trading club, and relates the discussion to joint implementation with developing countries. To our knowledge, this is the first article in a law and economics journal to analyze potential conflicts between an international emissions trading scheme and the world trade system.
Keywords: emissions trading, climate change, WTO, trade measures, compliance
JEL Classification: Q25, Q28, F18, K32
Suggested Citation: Suggested Citation