The World Trade Organization and Carbon Market Clubs

Georgetown Journal of International Law, Vol. 52.4, 2021 (Forthcoming); Queen Mary School of Law Legal Studies Research Paper No. 352/2021, pp. 1-57

58 Pages Posted: 18 Feb 2021 Last revised: 29 Mar 2021

See all articles by Rafael Leal-Arcas

Rafael Leal-Arcas

Queen Mary University of London, School of Law

Date Written: February 15, 2021

Abstract

This article explores emission units as a linkage in climate clubs in the hope of making a remarkable difference in climate change mitigation. It analyzes emission units trading in the context of regional trade agreements as a novel, promising, and effective way to mitigate climate change. It then examines Article XX of the General Agreement on Tariffs and Trade (GATT) as a potential and encouraging remedy for the development of climate clubs. Specifically, it explores the scope of application of Article XX and investigates to what extent it can be applied to climate concerns. It then provides an analysis of climate-club measures according to the jurisprudence of the World Trade Organization on GATT Article XX.

Keywords: climate clubs, emission units, like products, ETS, border carbon adjustments

JEL Classification: K33, Q5, Q4

Suggested Citation

Leal-Arcas, Rafael, The World Trade Organization and Carbon Market Clubs (February 15, 2021). Georgetown Journal of International Law, Vol. 52.4, 2021 (Forthcoming); Queen Mary School of Law Legal Studies Research Paper No. 352/2021, pp. 1-57, Available at SSRN: https://ssrn.com/abstract=3786238

Rafael Leal-Arcas (Contact Author)

Queen Mary University of London, School of Law ( email )

67-69
Lincoln's Inn Fields
Holborn, London WC2A 3JB
United Kingdom

HOME PAGE: http://www.ccls.qmul.ac.uk/staff/lealarcas.html

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

Paper statistics

Downloads
127
Abstract Views
525
rank
265,818
PlumX Metrics