I argue that an appropriately conceived and well-designed border climate adjustment scheme, as a policy mechanism potentially utilizable by many States party to the United Nations Framework Convention on Climate Change, may lead to desirable consequences for the development of comprehensive global greenhouse gas management in furtherance of the Framework Convention’s objectives. By creating the conditions for a healthy experimentalism and regulatory competition among the regulating bodies of diverse national markets, the use of origin-neutral border climate adjustment schemes, equivalent to the climate regulatory costs imposed on like domestic products as a condition of market access, may lead to a quicker development of more efficient and ultimately more effective global greenhouse gas management than is likely to be achieved through ex ante international consensus. Finally, I contrast my scheme design proposal with recent important proposals including climate border adjustment provisions in the U.S. Congress.



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