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Carbon-related Border Adjustment and WTO Law (Hardcover)
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Carbon-related Border Adjustment and WTO Law (Hardcover)
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This monograph is the first to bring together and critically assess
the extensive scholarship and practice on the burning topic of
whether domestic climate change legislation can also be imposed on
imports. No explicit WTO ruling exists on the matter. Yet, this
book shows the way to implement WTO-consistent carbon-related
border adjustment. It also uniquely assesses possible negotiated
solutions especially in the context of preferential trade
agreements. An excellent reference work for students, scholars and
legislators concerned about effectively fighting climate change in
line with international trade commitments.' - Professor Joost
Pauwelyn, Graduate Institute of International and Development
Studies, Geneva, Switzerland'Holzer has authored a fine study of
how world trade law supervises important actual and potential
climate measures. The book skillfully examines the relevant WTO
rules and then applies them to various carbon-related border
adjustments. The author concludes that some carbon measures may be
in conflict with trade rules and makes recommendations for how to
head off such conflicts. Her innovative suggestions include
recourse to preferential trade agreements.' - Professor Steve
Charnovitz, The George Washington University Law School, US By
expounding the legal foundations of border tax adjustments in
international trade regulation, this book lays out the scope and
limitations within which border carbon adjustments need to operate.
The author examines the extent to which countries can lawfully
impose border adjustment measures in relation to the carbon
footprint of products on importation and exportation. In doing so,
she provides a thorough analysis of the provisions of the WTO
Agreement applicable to border carbon adjustments, offers a
comprehensive review of relevant case law and engages with the
extensive literature on the subject. Given the probability of
conflict with non-discrimination rules of the GATT and uncertainty
over justification of different designs of carbon-related border
adjustment schemes under the exceptions of GATT Article XX, the
book argues for a negotiated solution and discusses the possibility
of the use of border carbon adjustments under preferential trade
agreements. Carbon-Related Border Adjustment and WTO Law will be of
great benefit to policymakers and practitioners working in the area
of climate policy and trade regulation. Researchers and advanced
students in international economic law and international
environmental law will also find much to interest them in this
work. Contents: 1. Introduction Part I: Carbon-related Border
Adjustment: Putting the Issue into Context 2. Human-induced Climate
Change and Global Action 3. Border Adjustment as it Relates to
Climate Policy 4. Border Adjustment Practices in International
Trade Part II: WTO Legal Issues Concerning Carbon-related Border
Adjustment 5. PPM-based Border Adjustment Under WTO Law 6. The
Possibility of Defense Under General Exceptions of GATT Article XX
7. Testing WTO Compliance of Various Forms of Carbon-related BAMs
8. Legal Issues Arising from the Implementation of Carbon-related
BAMs Part III: Solutions to the WTO-Inconsistency of Carbon-related
Border Adjustment 9. The Potential of and Limits to a Multilateral
Approach 10. A Bilateral Approach to Imposing Carbon-related Border
Adjustments 11. Summary of Main Findings Index
General
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