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Greenhouse gas emissions trading and the world trading system

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Author Info

  • Zhang, ZhongXiang

Abstract

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 to analyze potential conflicts between an international emissions trading scheme and the world trade system.

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File URL: http://mpra.ub.uni-muenchen.de/12971/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12971.

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Date of creation: Apr 1998
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Handle: RePEc:pra:mprapa:12971

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Related research

Keywords: Emissions trading; climate change; WTO scrutiny; trade-related measures; compliance;

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References

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  1. Pearce, David W, 1991. "The Role of Carbon Taxes in Adjusting to Global Warming," Economic Journal, Royal Economic Society, vol. 101(407), pages 938-48, July.
  2. Kerr, Suzi & Cramton, Peter, 1998. "Tradable Carbon Permit Auctions: How and Why to Auction Not Grandfather," Discussion Papers dp-98-34, Resources For the Future.
  3. William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39.
  4. ZhongXiang Zhang, 1997. "Operationalization and priority of joint implementation projects," Intereconomics: Review of European Economic Policy, Springer, vol. 32(6), pages 280-292, November.
  5. John Pezzey, 1992. "The Symmetry between Controlling Pollution by Price and Controlling It by Quantity," Canadian Journal of Economics, Canadian Economics Association, vol. 25(4), pages 983-91, November.
  6. Parry, Ian & Goulder, Lawrence & Williams III, Roberton, 1997. "When Can Carbon Abatement Policies Increase Welfare? The Fundamental Role of Distorted Factor Markets," Discussion Papers dp-97-18-rev, Resources For the Future.
  7. James Poterba & Julio Rotemberg, 1995. "Environmental taxes on intermediate and final goods when both can be imported," International Tax and Public Finance, Springer, vol. 2(2), pages 221-228, August.
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