publication . Article . 2008

Biofuels and WTO Disciplines

Brühwiler, Claudia Franziska; Hauser, Heinz;
Open Access English
  • Published: 01 Mar 2008
  • Publisher: Rüegger
Abstract
Given the sharp rise in crude oil prices and growing awareness of climate change, the potential of biofuels, particularly of bioethanol, has become an ubiquitous topic of public debate and has induced ambitious policy initiatives. The latter are mostly paired with protectionist measures as the examples of the European Union and the United States show, where domestic producers of energy crops are put at an advantage thanks to subsidisation, direct payments and/or favourable tax schemes.Moreover, the EU is working out a mandatory certification scheme for ethanol imports, imposing social and environmental standards which constitute another hurdle for more effici...
Subjects
free text keywords: economics
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