IDEAS home Printed from https://ideas.repec.org/p/rff/report/rp-20-14.html
   My bibliography  Save this paper

Framework Proposal for a US Upstream GHG Tax with WTO-Compliant Border Adjustments: 2020 Update

Author

Listed:
  • Flannery, Brian

    (Resources for the Future)

  • Hillman, Jennifer A.
  • Mares, Jan

    (Resources for the Future)

  • Porterfield, Matthew C.

Abstract

The original Framework (2018) described how to design BTAs in the context of a US upstream GHG tax. Rules of the World Trade Organization (WTO) allow nations to rebate value-added taxes (VATs) on exported products and impose them on imports. For that reason the Framework explicitly defined the GHG-index (GGI) in close analogy with VATs as its basis for BTAs. GGI tracks taxed sources of GHG emissions along supply and manufacturing chains to produce GHG-intensive products. BTAs for products are determined by their GGI multiplied by the US GHG tax. Justification for WTO-compatibility relies on Articles II and III of the General Agreement on Tariffs and Trade (GATT) for import charges, and on the Agreement on Subsidies and Countervailing Measures (ASCM) for export rebates.

Suggested Citation

  • Flannery, Brian & Hillman, Jennifer A. & Mares, Jan & Porterfield, Matthew C., 2020. "Framework Proposal for a US Upstream GHG Tax with WTO-Compliant Border Adjustments: 2020 Update," RFF Reports 20-14, Resources for the Future.
    • Handle: RePEc:rff:report:rp-20-14
    as

    Download full text from publisher

    File URL: https://www.rff.org/documents/2659/Framework_Update.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rff:report:rp-20-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Resources for the Future (email available below). General contact details of provider: https://edirc.repec.org/data/rffffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.