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The Trade and Environment Debate on the Regulation of Energy Subsidies in the WTO

2017
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Release : 2017
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Book Synopsis The Trade and Environment Debate on the Regulation of Energy Subsidies in the WTO by : Henok Asmelash

Download or read book The Trade and Environment Debate on the Regulation of Energy Subsidies in the WTO written by Henok Asmelash. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: The multilateral rules on subsidies have come under intense scrutiny in the wake of rising trade disputes over renewable energy subsidies. The sudden surge in the number of trade disputes and countervailing duty actions against renewable energy support programs has raised concerns that the multilateral subsidy rules may stand in the way of global efforts to promote the development and deployment of renewable energy sources. This paper shares these concerns, but argues that they are only one side of the environmental concerns that arise from the regulation of energy subsidies in the multilateral trading system. Energy subsidies play a dual role from a sustainable energy transition perspective. While renewable energy subsidies tend to help accelerate the transition, fossil fuel subsidies do exactly the opposite. If the multilateral subsidy rules are to help accelerate but not hinder the transition, then they should not only allow governments to subsidize renewables but also discourage them from subsidizing fossil fuels. This paper attempts to answer why the regulation of fossil fuel subsidies in the multilateral trading system received scant scholarly attention in the wide-ranging debate on trade and the environment.

Fit for Purpose?: Toward trade rules that support fossil fuel subsidy reform and the clean energy transition

2020-11-18 Business & Economics
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Release : 2020-11-18
Genre : Business & Economics
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Book Rating : 098/5 ( reviews)

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Book Synopsis Fit for Purpose?: Toward trade rules that support fossil fuel subsidy reform and the clean energy transition by : van Asselt, Harro

Download or read book Fit for Purpose?: Toward trade rules that support fossil fuel subsidy reform and the clean energy transition written by van Asselt, Harro. This book was released on 2020-11-18. Available in PDF, EPUB and Kindle. Book excerpt: Available online: https://pub.norden.org/temanord2020-539/ Estimated at USD 478 billion in 2019, fossil fuel subsidies strain the public purse, contribute to climate change, slow the uptake of renewable energy, and lead to local air pollution and associated impacts on public health. Their reform could thus lead to a wide range of socioeconomic and environmental benefits. Despite its binding rules to regulate subsidies, the World Trade Organization (WTO) has so far failed to play any significant role in constraining government support to fossil fuels. Against this backdrop, this report explores whether WTO rules and practices are fit for purpose in addressing fossil fuels subsidies and supporting the clean energy transition, and how they could be reformed to more effectively contribute to these key objectives. It also offers practical recommendations for WTO members and other stakeholders interested in moving this agenda forward.

Positive Integration - EU and WTO Approaches Towards the "Trade and" Debate

2019-10-24 Law
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Release : 2019-10-24
Genre : Law
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Book Rating : 626/5 ( reviews)

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Book Synopsis Positive Integration - EU and WTO Approaches Towards the "Trade and" Debate by : Rike Krämer-Hoppe

Download or read book Positive Integration - EU and WTO Approaches Towards the "Trade and" Debate written by Rike Krämer-Hoppe. This book was released on 2019-10-24. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new framework for the 'trade and environment' debate and discusses the ways in which the EU and the WTO address this topic: positive, negative and non-integration. It analyses areas like food safety and renewable energy from the perspectives of legal and political science, and economics, and includes contributions focusing on various approaches, such as harmonisation, regulatory cooperation and judicialisation. In the 21st century, especially in our current times, where free trade and economic integration are increasingly being called into question, it is even more vital to find convincing normative answers and ways to address the very complex relationship between trade and environmental policies. Debunking some of the myths concerning positive and negative integration and the relationship between the two, this book is a valuable contribution to the debate on globalisation.

International Trade Regulation and the Mitigation of Climate Change

2009-09-24 Law
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Release : 2009-09-24
Genre : Law
Kind : eBook
Book Rating : 807/5 ( reviews)

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Book Synopsis International Trade Regulation and the Mitigation of Climate Change by : Thomas Cottier

Download or read book International Trade Regulation and the Mitigation of Climate Change written by Thomas Cottier. This book was released on 2009-09-24. Available in PDF, EPUB and Kindle. Book excerpt: What can trade regulation contribute towards ameliorating the GHG emissions and reducing their concentrations in the atmosphere? This collection of essays analyses options for climate-change mitigation through the lens of the trade lawyer. By examining international law, and in particular the relevant WTO agreements, the authors address the areas of potential conflict between international trade law and international law on climate mitigation and, where possible, suggest ways to strengthen mutual supportiveness between the two regimes. They do so taking into account the drivers of human-induced climate change in energy markets and of consumption.

Emerging Issues in Sustainable Development

2016-10-05 Business & Economics
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Release : 2016-10-05
Genre : Business & Economics
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Book Rating : 268/5 ( reviews)

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Book Synopsis Emerging Issues in Sustainable Development by : Mitsuo Matsushita

Download or read book Emerging Issues in Sustainable Development written by Mitsuo Matsushita. This book was released on 2016-10-05. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to answer the questions: how do the rules of international treaties on trade and investment apply to the new laws and policies relating to energy-related trade, and do the rules of the multilateral system contribute to or detract from sustainable development? An emerging set of new problems in the law of international trade is how to reconcile the rules of the multilateral trading system with shortages of certain natural resources and the necessity to develop renewable energy resources. The chapters in this book provide a comprehensive analysis of the international trade issues presented by national trade laws and policies with regard to natural resources and energy. This book is about the extent to which we are interpreting existing rules to cover emerging problems and how the rules of the multilateral trading system can be adapted to achieve sustainable development in natural resources and energy. The book begins with a survey of selected national laws relating to recent restrictions on the export of natural resources, both resources used to produce energy as well as natural resources essential for industrial production. After examining the range of such laws in selected important countries, we turn to the application of the rules of the multilateral trading system to such export restrictions. We discuss the major rules of the World Trade Organization (WTO) as well as the natural resources rules in selected regional preferential free trade agreements. While there is not a comprehensive global legal regime on competition law, we believe it is also important to examine how selected national competition laws impact export restrictions on natural resources. This book will be a major contribution to the international dialogue on international economic law issues with respect to trade in natural resources and energy.

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