Abstract
AbstractProposals for the establishment of plurilateral climate clubs have gained momentum, and both the European Union (EU) and the United States (US) will play a pivotal role in forthcoming negotiations. This article closely examines EU and US proposals to uncover distinctive features in their regulatory approaches and to critically assess different potential models for sectoral climate club arrangements. The article argues that a middle ground could be reached by combining the US policy‐neutral approach with the EU distinctive product‐based focus. A bottom‐up model involving average sectoral carbon intensity reduction targets, product standards and bans could provide an effective and practicable way forward. Recent declarations confirm that the negotiations of the Global Steel and Aluminium Arrangement are focusing on product standards. Nonetheless, several challenges lie ahead. These include the difficult coordination between plurilateral arrangements and the EU carbon border adjustment mechanism, and the US focus on non‐market economies and excess capacity.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Review of European, Comparative & International Environmental Law
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
