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Louise Johannesson, Petros C. Mavroidis
Journal of World Trade
Volume 49, Issue 4 (2015) pp. 685 – 698
https://doi.org/10.54648/trad2015027
Abstract
World Trade Organization (WTO) judges are proposed by the WTO Secretariat and elected to act as ‘judges’ if either approved by the parties to a dispute, or, by the WTO Director-General in case no agreement between the parties has been possible. They are typically ‘Geneva crowd’, that is, they are either current or former delegates representing their country before the WTO. This observation holds for both first as well as second instance WTO judges (e.g., Panellists and members of the Appellate Body). In that, the WTO evidences an attitude strikingly similar to the General Agreement on Tariffs and Trade (GATT). Whereas the legal regime has been heavily ‘legalized’, the people called to enforce it remain the same.
Extract
On 16 August 2022, the
US passed the Inflation Reduction Act of 2022 (‘IRA’) – the world’s largest
green subsidy measure in modern economic history. This legislation came at a
time when subsidies for green energies have been increasing substantially
around the globe. This article analyses the EU Green Deal Industrial Plan
(‘GDIP’) – the EU’s response to the US’ IRA and the general increase of
subsidies worldwide. In particular, the article argues that the two key
legislations under the GDIP – the Critical Raw Materials Act (‘CRMA’) and the
Net-Zero Industry Act (‘NZIA’) – are in line with WTO law as well as makes
recommendations on how the EU use its external relations to strengthen its
development of green energy technologies.