Greenhouse Gases Emissions Reduction and WTO Trade Rules (온실가스 배출 감축과 WTO 무역규범)

37 Pages Posted: 4 Dec 2017

See all articles by Young H Kim

Young H Kim

Government of the Republic of Korea - Ministry of Knowledge Economy

Date Written: June 30, 2009

Abstract

English Abstract: Greenhouse gases (GHGs) cannot be contained within nations’ border and climate change is certainly a global issue that requires global actions. Therefore, when a country considers domestic measures to reduce GHGs emissions, their impacts beyond the nation’s border should be examined carefully. Possible effects through international trade are particularly important in the globalized world with growing trade and expanding capital movements. After reviewing the current status of multilateral environment agreements (MEAs), how they are related to WTO trade rules, legal questions and dispute cases that are possibly related to GHGs emissions reductioGreenhouse gases (GHGs) cannot be contained within nations’ border and climate change is certainly a global issue that requires global actions. Therefore, when a country considers domestic measures to reduce GHGs emissions, their impacts beyond the nation’s border should be examined carefully. Possible effects through international trade are particularly important in the globalized world with growing trade and expanding capital movements. After reviewing the current status of multilateral environment agreements (MEAs), how they are related to WTO trade rules, legal questions and dispute cases that are possibly related to GHGs emissions reduction, this paper examines recently proposed border GHGs adjustment measures and various WTO agreements as potential tools that are promising or not promising. This paper also suggests how to make WTO’s potential tools ready and how to build global consensus so that we can avoid unilateral trade measures for climate change. Finally, policy implications for Korea are discussed.

Korean Abstract: 온실가스는 특정국가의 국경 내에 가두어 둘 수 없기 때문에 기후변화는 국제적 대응이 필요한 세계적 문제임이 분명하다. 그러므로 온실가스 감축을 위한 국내 조치를 취할 때에는 반드시 그 조치가 국경 밖에 미치는 파급효과를 면밀히 검토하여야 한다. 무역이 증가하고 자본이동이 급격히 확대되고 있는 글로벌 시대에 국내조치가 국제교역을 통하여 미칠 수 있는 파급효과는 특히 중요하다. 이 논문은 다자간 환경협약의 현황 및 WTO 무역규범과의 관계, 온실가스 감축과 관련될 수 있는 통상법적 쟁점과 분쟁사례를 살펴본 후, 최근 제안되고 있는 온실가스 국경조정제도와 여러 WTO 협정을 잠재적으로 유용한 도구와 그렇지 않은 것으로 나누어 고찰한다. 또한 기후변화 대응을 위하여 일방적 무역조치를 회피할 수 있도록 잠재적으로 유용한 WTO 도구들을 활용하기 위한 방법과 국제적 합의를 형성하기 위한 방안을 제안한다. 마지막으로 한국에 대한 정책적 함의를 검토한다.

Keywords: Greenhouse Gases, Emissions Reduction, Multilateral Environment Agreements, WTO Agreements, Border Greenhouse Gases Adjustment Measures, Comparable Actions, Process and Production Methods (PPMs)

JEL Classification: F13, F18

Suggested Citation

Kim, Young H, Greenhouse Gases Emissions Reduction and WTO Trade Rules (온실가스 배출 감축과 WTO 무역규범) (June 30, 2009). East Asian Economic Review, Vol. 13, No. 1, pp. 3-38, December 2009, Available at SSRN: https://ssrn.com/abstract=3077797 or http://dx.doi.org/10.2139/ssrn.3077797

Young H Kim (Contact Author)

Government of the Republic of Korea - Ministry of Knowledge Economy ( email )

Korea, Republic of (South Korea)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
9
Abstract Views
199
PlumX Metrics