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Policymakers seem to face a trade-off when designing national trade and investment policies related to clean energy sectors. They have pledged to address climate change and accelerate the large-scale deployment of renewable energy technologies, which would benefit from increased global...
Persistent link: https://www.econbiz.de/10013094717
This contribution discusses WTO subsidies disciplines in the context of the energy sector. After laying out the relevant disciplines, it will discuss the paradox of WTO law with respect to subsidies towards fossil fuels vis-à-vis those towards renewable energy. It is clear that subsidies on...
Persistent link: https://www.econbiz.de/10014125055
Considering that the major part of greenhouse gases is carbon dioxide, there is a global concern aimed at reducing carbon emissions. Additionally, major consumer countries are looking for alternative sources of energy to avoid the impact of higher fossil fuel prices and political instability in...
Persistent link: https://www.econbiz.de/10010356799
Online Technical Appendix to "Fighting Global Warming: Is Trade Policy in Latin America and the Caribbean a Help or a Hindrance?"It describes in more detail the data sources, the empirical strategy; and presents a series of robustness checks.
Persistent link: https://www.econbiz.de/10014480117
The dire prospects of global warming have been increasing the pressure on policymakers to use trade policy as a mitigation tool, challenging trade economists' canonical "targeting principle." Even though the justifications for this stance remain as valid as ever, it no longer seems feasible in a...
Persistent link: https://www.econbiz.de/10014495239
This paper investigates how firms adapt their sourcing of clean and dirty inputs in response to changes in climate policy. We use information from the European Union's Emissions Trading System (EU ETS) and the Carbon Border Adjustment Mechanism (CBAM) to create a new classification of clean and...
Persistent link: https://www.econbiz.de/10015115054
Promotion of renewable energy has become one important priority in the political agenda worldwide. However, financing of renewable energy projects, especially the small-scale ones, is not always streamlined and banks may not always be willing to invest in such projects. This fact is accentuated...
Persistent link: https://www.econbiz.de/10013038910
The increased importance of environmental protection led to the introduction of sustainability-related criteria in standard-setting practices. A discomfort with the functioning, working methods and certain rigidities of the global standardizing bodies such as the ISO led to a mushrooming of a...
Persistent link: https://www.econbiz.de/10013000302
This article provides a timely and forward-thinking analysis regarding the transition to clean energy. It does so by offering a behavioral-economics analysis of prosumer-market factors. We argue that transitioning to clean energy cannot be achieved solely through top-down or bottom-up methods;...
Persistent link: https://www.econbiz.de/10012890019
Following the chaotic Copenhagen conference of the UN Framework Convention on Climate Change (UNFCCC), policymakers and pundits have discussed the G-20 as an alternative forum for advancing climate change diplomacy. This paper assesses the risks and rewards of tackling climate change in the G-20...
Persistent link: https://www.econbiz.de/10014188574