Contents

Renewable Energy and Government Support: Time to 'Green' the SCM Agreement?

Shadikhodjaev, Sherzod

Abstract

Many governments provide subsidies to shift from dirty' but cheap fossil fuels to clean' but expensive renewable energy. Recently, public incentives in the renewable energy sector have been challenged through both dispute settlement procedures of the World Trade Organization and domestic countervailing duty investigations. One may expect that trade frictions in this field will intensify over time. This article argues that the Agreement on Subsidies and Countervailing Measures - a multilateral trade treaty on subsidization and anti-subsidy measures - should be revised to give more policy space to national authorities in implementing their low-carbon programmes. The Appellate Body made a few climate-friendly interpretations in Canada-Renewable Energy/Canada-Feed-In Tariff Program. It is now members' turn to carry out meaningful rule-making reforms. This article explores some ways to green' the existing disciplines.

Issue Date
2015-07
Publisher
CAMBRIDGE UNIV PRESS
DOI
10.1017/S1474745614000317
Journal Title
WORLD TRADE REVIEW
Start Page
479
End Page
506
ISSN
1474-7456
Language
English
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