As the United States considers unilateral climate change action, uncertainty exists as to the compatibility of the proposed trade related measures to global warming. This paper considers the rationale behind any trade measures designed to address competitiveness and carbon leakage following the introduction of unilateral climate change legislation (Part I). The paper then assesses the international legality of the proposed measures in the Waxman-Markey Bill under World Trade Organisation (WTO) law (Part II) and proposes alternative mechanisms that may yield economically sound solutions while remaining mindful of equitable principles (Part III).
Environmental Law | Law
The Costs of Carbon: Examining the Competitiveness and International Trade Dimensions of the Waxman-Markey House Bill,
Sabin Center for Climate Change Law, Columbia Law School, Fall 2009
Available at: https://scholarship.law.columbia.edu/sabin_climate_change/69