Mohd M. Billah, Ezzedine GhlamAllah and Christos Alexakis
Religion and Finance
Comparing the Approaches of Judaism, Christianity and Islam
Mervyn K. Lewis and Ahmad Kaleem
China-European Union Investment Relationships
Towards a New Leadership in Global Investment Governance?
Edited by Julien Chaisse
Edited by Nadirsyah Hosen
Stefan E. Weishaar and Ruohong Chen
Market-based instruments such as emissions trading systems put a price on carbon emissions as a way of addressing climate change. Increasing production costs have led to fears of carbon leakage and have generated increased interest in WTO law, in particular in the area of border tax adjustments and subsidies. Research in the area of carbon labels was more in vogue several years ago, but owing to the recent developments in WTO case law regarding Technical Barriers to Trade (TBT), and in light of the proliferation of Emissions Trading Systems around the globe, it is high time to re-examine carbon labels and how they are to be assessed from a law and economics perspective. This chapter explores the legal risks and regulatory opportunities of carbon labels under WTO law, and whether WTO law follows law and economic insights.