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Carbon border adjustement, trade and climate governance : issues for OPEC economies

  • Mehdi Abbas

    ()

    (LEPII - Laboratoire d'Économie de la Production et de l'Intégration Internationale - CNRS : FRE3389 - Université Pierre Mendès-France - Grenoble II)

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    The relation between the climate regulation and the multilateral trade regime is a rising issue in the field of international governance. This article presents the options available to OPEC economies related to this. It analyses the option of introducing a carbon tax or border adjustment measures in the core of the WTO regime. It demonstrates that this option is not sustainable for both institutional and political economy reasons. This is why the article argues that the way to build a climate-compatible trade regulation which takes into account oil exporting countries' interests is to elaborate a cross-institutional cooperation between the WTO and the UNFCCC

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    File URL: http://halshs.archives-ouvertes.fr/docs/00/61/79/23/PDF/CR5_MA_carbon-border-adjustement.pdf
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    Paper provided by HAL in its series Post-Print with number halshs-00617923.

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    Date of creation: Sep 2011
    Date of revision:
    Publication status: Published, OPEC Energy Review, 2011, 35, 3, 270-286
    Handle: RePEc:hal:journl:halshs-00617923
    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00617923/en/
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    1. Yoshiro Matsui, 2002. "Some Aspects of the Principle of "Common butDifferentiated Responsibilities"," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 2(2), pages 151-170, June.
    2. Rivera-Batiz, Luis A & Oliva, Maria-Angels, 2004. "International Trade: Theory, Strategies, and Evidence," OUP Catalogue, Oxford University Press, number 9780198297116, March.
    3. Reiche, Danyel, 2010. "Energy Policies of Gulf Cooperation Council (GCC) countries--possibilities and limitations of ecological modernization in rentier states," Energy Policy, Elsevier, vol. 38(5), pages 2395-2403, May.
    4. Michael Grubb & Karsten Neuhoff, 2006. "Allocation and competitiveness in the EU emissions trading scheme: policy overview," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 7-30, January.
    5. Sonja Peterson & Gernot Klepper, 2008. "The competitiveness effects of the EU climate policy," Kiel Working Papers 1464, Kiel Institute for the World Economy.
    6. Barrett, Scott, 2008. "Rethinking Global Climate Change Governance," Economics Discussion Papers 2008-31, Kiel Institute for the World Economy.
    7. Ben Lockwood & John Whalley, 2008. "Carbon Motivated Border Tax Adjustments: Old Wine in Green Bottles?," NBER Working Papers 14025, National Bureau of Economic Research, Inc.
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