The WTO should create a Clean Technology Agreement modeled on the ITA to combat green mercantilism.
Trade negotiators should create a global free trade zone for clean energy products and services, modeled on the Information Technology Agreement (ITA). Clean Technology Agreement (CTA) would reverse this trend and provide two immediate benefits. First, the CTA would expand global clean technology trade. By eliminating tariffs, prices would decline and global demand would increase, leading to greater revenues that could be reinvested in more RD&D to develop even better clean energy technologies. Second, it could also reduce growing clean energy trade tensions and provide an avenue for negotiating a tariff-free global clean energy market.