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- W2259056153 abstract "The World Trade Organization is by many accounts the most successful international organization in history. Yet it has been slow to address head-on the problems in one of the largest sectors of the global economy—energy. Indeed, fuel exports alone constitute roughly 18% of global merchandise exports, the single largest category. Historically, this reluctance to engage with energy can be explained partially by the fact that many major fossil fuel-producing nations were outside of the GATT. Today, however, most such nations are WTO members. While the WTO dispute settlement system has become an active tool for regulating government support of the renewable energy sector, active WTO regulation of the fossil fuel sector remains limited. This chapter presents an overview of WTO rules and how they apply or might apply to the energy sector. It further argues that this differential treatment between fossil fuels and renewable energy reflects (a) the greater number, and the identity, of nations that aspire to be “producers” of renewable energy, and (b) the expected growth in renewable energy in years to come." @default.
- W2259056153 created "2016-06-24" @default.
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- W2259056153 date "2016-01-01" @default.
- W2259056153 modified "2023-10-15" @default.
- W2259056153 title "The World Trade Organization’s Role in Global Energy Governance" @default.
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- W2259056153 doi "https://doi.org/10.1057/978-1-137-55631-8_6" @default.
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