By Daniel M. Firger and Michael B. Gerrard (7/11/2011; 6 pages)
This article examines the issue of climate
change policy and international trade law. While conventional wisdom may have predicted
that conflicts in trade law would emerge through climate-related protectionist measures,
such as carbon tariffs on imports from countries with less stringent controls on
greenhouse gas emissions, the authors point out that government support for climate-friendly
technologies has in fact emerged as the primary battleground. The authors examine two recent
disputes—between the United States and China and between Japan and Canada—over
green subsidies and their implications for the
future of clean energy.