Designing Effective Border Carbon Adjustment Mechanisms: Aligning the Global Trade and Climate Change Regimes

When
February 6, 2024 1:00 pm — 2:00 pm
Where
Webinar Only

A Public ELPAR Webinar (Co-Sponsored by ELI and Vanderbilt University Law School)

The European Union has adopted a border carbon adjustment (BCA) mechanism and the U.S. is considering adopting a similar instrument to prevent “carbon leakage,” which can occur if high-emitting production processes shift to nations with lower standards for greenhouse gas (GHG) emissions controls. BCA mechanisms seek to address carbon leakage by assessing the embedded GHG emissions in imported products and imposing a charge when exporting nations’ emissions controls do not match the stringency of importing nations’ controls.

But what form should BCA mechanisms take to maximize environmental effectiveness, administrative efficiency, compatibility with World Trade Organization law, and political viability?

Join Goran Dominioni and Daniel C. Esty as they address these questions, compare approaches, and explain their views on the optimal approach.

Panelists:
Dr. Goran Dominioni
, Assistant Professor in Law at the Dublin City University School of Law and Government
Prof. Daniel C. Esty, Hillhouse Professor at Yale University with primary appointments at Yale’s Environment and Law Schools and a secondary appointment at the Yale School of Management

"Designing Effective Border Carbon Adjustment Mechanisms: Aligning the Global Trade and Climate Change Regimes" was selected for an Honorable Mention in the 2023-2023 Environmental Law and Policy Annual Review (ELPAR). To read the article, please click here. For more information on previous ELPAR conferences, please see our Past Events page. For more information about ELPAR, please see our Program Page.

Border Carbon Adjustment Mechanisms Webinar Flyer 2.6.24