Analysts: Carbon border fees can be compatible with WTO rules

While World Trade Organization rules do not provide explicitly for carbon-related border fee arrangements such as a carbon border adjustment mechanism, various provisions in those rules should provide enough flexibility to allow for them, analysts argued on Wednesday. During an event hosted by the Climate Leadership Council, two former WTO Appellate Body members, building on a new CLC report titled “ Carbon Import Fees and the WTO ,” said that while existing rules offer opportunities for various climate-related efforts, tweaking...