Table of Contents

Handbook on Trade and the Environment

Handbook on Trade and the Environment

Elgar original reference

Edited by Kevin P. Gallagher

In this comprehensive reference work, Kevin Gallagher has compiled a fresh and broad-ranging collection of expert voices commenting on the interdisciplinary field of trade and the environment. For over two decades policymakers and scholars have been struggling to understand the relationship between international trade in a globalizing world and its effects on the natural environment. The authors in this Handbook provide the tools to do just that.

Chapter 20: The WTO, Services and the Environment

Robert K. Stumberg

Subjects: economics and finance, environmental economics, international economics, environment, environmental economics, environmental law, environmental politics and policy, law - academic, environmental law, international economic law, trade law, politics and public policy, environmental politics and policy, european politics and policy, international politics


Robert K. Stumberg Global environmental services The WTO’s agreement on services – the General Agreement on Trade in Services (GATS) – sets rules for the most dynamic sector of every country’s economy. But what exactly is the service economy? Consider the energy sector. The demand for natural gas far exceeds the supply in North America. One solution to this shortage is to import liquefied natural gas (LNG) from other continents. The companies that manage global supply chains have evolved into networks of services – communications, financing, logistics, transport, transactions – that are powerful enough to compete on a global scale. In the USA, five LNG ports are in place. Federal agencies have approved 23 new ports with 15 more pending (FERC, 2007). The ports dock tankers that carry LNG from Indonesia, Qatar, Algeria and Trinidad (EIA, 2007). The tankers are floating thermos bottles as long as three football fields; their LNG decompresses 600-fold into 5 billion cubic feet of natural gas (EIA, 2007). But this efficiency comes with risk. The risk was apparent in 1944, when one of the first LNG plants leaked a cloud of gas that ignited and incinerated 131 people in Cleveland (Bureau of Mines, 1946). Since then, the industry has seen only eight marine leaks and a few onshore explosions (Foss, 2004). The most recent, an Algerian facility in 2004, killed 27 people over a square-mile area (Mobile Register, 2004). This was a rare accident, but it carries a post-9/11 message: LNG terminals are a target for terrorism....

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