At Climate Talks, WTO Pushes To ‘Rebalance’ Tariffs To Curb Emissions

The World Trade Organization (WTO) during ongoing international climate talks in Dubai is pressing member countries to accelerate efforts to battle climate change by rebalancing tariff policies that benefit the fossil fuel industry and addressing environmentally harmful subsidies, among other measures. The report published Dec. 2 by the WTO Secretariat outlines 10 trade policy tools already adopted by some countries it says others can replicate in their emission-reduction strategies to spur progress toward their national commitments under the Paris Agreement...