Analysts posit a way forward for a WTO-compatible carbon border tax

Carbon border taxes like those being considered by the European Union and others could be imposed in ways that do not run afoul of World Trade Organization rules, analysts say, but doing so would present “significant methodological challenges,” according to a new report. “Can the EU impose a border tax on carbon?” asked Jennifer Hillman, senior fellow for trade and international political economy at the Council on Foreign Relations and one of the authors of the report, during an Oct...