Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies
Abstract Although the Arctic is emerging as a promising region for energy development and maritime transportation, navigational safety is a persistent and growing concern. What can international trade regulations do to ensure the safe transportation of natural resources on the Northern Sea Route (NS...
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2020
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Online Access: | http://dx.doi.org/10.1017/s0032247419000524 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S0032247419000524 |
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crcambridgeupr:10.1017/s0032247419000524 2024-03-03T08:41:05+00:00 Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies Kobayashi, Tomohiko 2020 http://dx.doi.org/10.1017/s0032247419000524 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S0032247419000524 en eng Cambridge University Press (CUP) https://www.cambridge.org/core/terms Polar Record volume 56 ISSN 0032-2474 1475-3057 General Earth and Planetary Sciences Ecology Geography, Planning and Development journal-article 2020 crcambridgeupr https://doi.org/10.1017/s0032247419000524 2024-02-08T08:36:17Z Abstract Although the Arctic is emerging as a promising region for energy development and maritime transportation, navigational safety is a persistent and growing concern. What can international trade regulations do to ensure the safe transportation of natural resources on the Northern Sea Route (NSR) and the sustainable development of the Arctic region? Government support is almost inevitable for shipyards, particularly in a highly competitive market. Shipyards build large-scale vessels that navigate the Arctic Ocean. However, excessive export competition will soon lead to over-production and exportation of substandard products. Assuming that even a single incident in the NSR could have a disastrous impact on the flora and fauna of the entire Arctic region, the potential for substandard vessel use represents a significant risk and potential damage to the environment. Although the World Trade Organization (WTO) has detailed rules for this purpose with an effective dispute settlement mechanism, the history of WTO disputes has proven that WTO proceedings sometimes result in unintended consequences. As an alternative option, along with negotiations under the WTO and the Organisation for Economic Cooperation and Development (OECD), this paper suggests the possibility of a critical mass agreement to mutually allow more flexible government support for vessels only if they have superior environmental performance. Article in Journal/Newspaper Arctic Arctic Ocean Northern Sea Route Polar Record Cambridge University Press Arctic Arctic Ocean Polar Record 56 |
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Open Polar |
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Cambridge University Press |
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crcambridgeupr |
language |
English |
topic |
General Earth and Planetary Sciences Ecology Geography, Planning and Development |
spellingShingle |
General Earth and Planetary Sciences Ecology Geography, Planning and Development Kobayashi, Tomohiko Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
topic_facet |
General Earth and Planetary Sciences Ecology Geography, Planning and Development |
description |
Abstract Although the Arctic is emerging as a promising region for energy development and maritime transportation, navigational safety is a persistent and growing concern. What can international trade regulations do to ensure the safe transportation of natural resources on the Northern Sea Route (NSR) and the sustainable development of the Arctic region? Government support is almost inevitable for shipyards, particularly in a highly competitive market. Shipyards build large-scale vessels that navigate the Arctic Ocean. However, excessive export competition will soon lead to over-production and exportation of substandard products. Assuming that even a single incident in the NSR could have a disastrous impact on the flora and fauna of the entire Arctic region, the potential for substandard vessel use represents a significant risk and potential damage to the environment. Although the World Trade Organization (WTO) has detailed rules for this purpose with an effective dispute settlement mechanism, the history of WTO disputes has proven that WTO proceedings sometimes result in unintended consequences. As an alternative option, along with negotiations under the WTO and the Organisation for Economic Cooperation and Development (OECD), this paper suggests the possibility of a critical mass agreement to mutually allow more flexible government support for vessels only if they have superior environmental performance. |
format |
Article in Journal/Newspaper |
author |
Kobayashi, Tomohiko |
author_facet |
Kobayashi, Tomohiko |
author_sort |
Kobayashi, Tomohiko |
title |
Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
title_short |
Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
title_full |
Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
title_fullStr |
Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
title_full_unstemmed |
Sustainable resource development in the Arctic: Using export trade agreements to restrict environmentally harmful subsidies |
title_sort |
sustainable resource development in the arctic: using export trade agreements to restrict environmentally harmful subsidies |
publisher |
Cambridge University Press (CUP) |
publishDate |
2020 |
url |
http://dx.doi.org/10.1017/s0032247419000524 https://www.cambridge.org/core/services/aop-cambridge-core/content/view/S0032247419000524 |
geographic |
Arctic Arctic Ocean |
geographic_facet |
Arctic Arctic Ocean |
genre |
Arctic Arctic Ocean Northern Sea Route Polar Record |
genre_facet |
Arctic Arctic Ocean Northern Sea Route Polar Record |
op_source |
Polar Record volume 56 ISSN 0032-2474 1475-3057 |
op_rights |
https://www.cambridge.org/core/terms |
op_doi |
https://doi.org/10.1017/s0032247419000524 |
container_title |
Polar Record |
container_volume |
56 |
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1792496865341603840 |