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Protectionism under a Green Label: Analysis in Light of the Waxman-Markey Climate Change Bill of 2009

DOI https://doi.org/10.21552/CCLR/2010/1/128



ntry that harnesses the power of clean, renewable energy will lead the 21st century … But to truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy.”1 U.S. President Barack Obama Climate change has been called the greatest and widest ranging market failure ever seen.2 Though economists continue to debate the extent of which greater trade over the past few decades has increased or redistributed wealth, it

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