Law Commons^™

Carbon Taxes And The Wto – A Carbon Charge Without Trade Concerns?, Keith A. Kendall

Keith A Kendall

The environmental impact of carbon emissions has received a significant amount of attention over recent years. As well as the environmental dimension, pollution has an inherent economic component. While most economists tend to favor a carbon tax as the preferred method to regulate carbon emissions, the legal literature, though, has not dedicated much attention to the alternatives available in this area. A loss of international competitiveness, though, is associated with any unilateral action that is designed to reduce carbon emissions, which is best resolved with a border tax adjustment (BTA). This paper canvasses the arguments in favor of a carbon …