WTO signals backing for border taxes

rdan


Finacial Times
points us to WTO thinking on trade issues and cap and trade agreements. (log in required)

Countries implementing cap-and-trade systems for greenhouse gases may be able to use border taxes to protect domestic industries, after the World Trade Organisation gave a cautious nod to such measures.

In a report to be published on Friday, written jointly with the United Nations Environment Programme, the WTO said it was possible to implement border measures for environmental reasons under its rules.

EDITOR’S CHOICE
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