Sunday, 5 July 2009

Climate Change
Trade

After the US House of Representatives passed a "cap and trade" bill that would impose a carbon tax on imports from countries that decline to limit greenhouse gas emissions, a Chinese vice foreign minister said China is "firmly against such attempts to advance trade protectionism under the pretext of climate change". It is interesting that China's charge appears to be at odds with an assessment by the WTO secretariat which gave a cautious nod to carbon tariffs.

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2 Comments:

At 9:46 pm, Blogger Wang JiangYu said...

Carton tariff may or may not be in compliance with WTO law. Environmental measures - be it tariff or non-tariff related - are not a problem per se. It all depends on whether the levy of carbon tax is consistent with the non-discrimination principle of the WTO.

 
At 10:40 pm, Blogger Professor Bing Ling said...

Hopefully, the Appellate Boday will have something to say on this. Very interesting.

 

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