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Book Title: Fossil Fuel Subsidy Reform
Editor(s): Rive, J.C. Vernon
Publisher: Edward Elgar Publishing
Section: Chapter 5
Section Title: Fossil fuel subsidies under the existing WTO framework
Number of pages: 39
Abstract/Description:
The chapter assesses the existing General Agreement on Tariffs and Trade /WTO framework with particular focus on the Agreement on Subsidies and Countervailing Measures, subsidy notification processes, the Trade Policy Review Mechanism. It includes a table of the likely legal arguments a complainant would make in a WTO dispute on fossil fuel subsidies. The chapter commences with a high-level historical overview of opportunities within the pre-WTO GATT framework for addressing subsidies before undertaking a detailed critique of subsidy oversight and control under the ASCM. Key WTO transparency mechanisms are considered, including subsidy notification obligations and processes, and the Trade Policy Review Mechanism.
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URL: http://www.austlii.edu.au/au/journals/ELECD/2019/2065.html