Renewable Energy Law: An International Assessment

The book "Renewable Energy Law: An International Assessment" compares national renewable energy laws across 113 countries to understand if they are converging globally to facilitate trade or engaging in regulatory competition. It includes over sixty extracts from national laws, case studies, and examples of challenges facing specific countries.

Format: Paperback / softback
Length: 301 pages
Publication date: 19 May 2022
Publisher: Cambridge University Press

The renewable energy sector has experienced remarkable growth, making it crucial to comprehend how renewable energy is defined in national laws worldwide and the regulatory frameworks employed by these countries to achieve their renewable energy objectives. In her book, Renewable Energy Law: An International Assessment, Penelope J. Crossley conducts a comprehensive comparison of national renewable energy laws across 113 countries, shedding light on whether energy laws are converging globally to facilitate trade or engaging in regulatory competition. The book encompasses over sixty extracts from various national laws, case studies on the European Union and the Chinese wind sector, and numerous examples of the specific challenges faced by individual countries. This work is of utmost importance to scholars, policymakers, regulators, employees of commercial entities operating in the energy sector, and anyone else interested in the legal and regulatory landscape of renewable energy.

Renewable energy refers to energy sources that are naturally replenished and have a low environmental impact. Examples of renewable energy include solar, wind, hydro, geothermal, and biomass. The use of renewable energy has grown significantly in recent years due to its potential to reduce greenhouse gas emissions and mitigate climate change.

National laws play a crucial role in regulating the development and deployment of renewable energy. These laws establish policies, regulations, and incentives that promote the growth of renewable energy industries while ensuring environmental protection and public safety.

In Renewable Energy Law: An International Assessment, Penelope J. Crossley examines the national renewable energy laws of 113 countries. The book provides a comprehensive analysis of the legal frameworks, policies, and incentives in place to support renewable energy development. Crossley also discusses the challenges and opportunities faced by different countries in achieving their renewable energy goals.

One of the key findings of the book is that energy laws are converging globally, with many countries adopting similar policies and regulations to promote renewable energy development. This convergence is driven by a shared commitment to address climate change and promote sustainable development.

However, the book also highlights the existence of regulatory competition among countries. Some countries are implementing more stringent regulations to attract investment in their renewable energy industries, while others are adopting more lenient regulations to encourage competition and lower costs. This regulatory competition can have both positive and negative impacts on the development of renewable energy.

On the positive side, regulatory competition can drive innovation and efficiency in the renewable energy industry. It can encourage companies to invest in research and development to improve the performance and cost-effectiveness of renewable energy technologies. It can also lead to the development of new renewable energy markets and the expansion of existing ones.

On the negative side, regulatory competition can create uncertainty and instability in the renewable energy industry. It can lead to a race to the bottom, where countries compete to attract investment by offering the lowest regulatory barriers. This can result in substandard renewable energy projects and undermine the long-term viability of the industry.

Another important aspect of renewable energy law is the role of international agreements and treaties. Many countries have signed international agreements, such as the Paris Agreement, to reduce greenhouse gas emissions and promote sustainable development. These agreements establish legal obligations and provide a framework for cooperation and collaboration among countries in achieving their renewable energy goals.

In Renewable Energy Law: An International Assessment, Penelope J. Crossley examines the role of international agreements and treaties in promoting renewable energy development. The book discusses the challenges and opportunities presented by international agreements, such as the Kyoto Protocol, the Clean Development Mechanism, and the Paris Agreement. Crossley also highlights the role of international organizations, such as the United Nations Framework Convention on Climate Change and the International Energy Agency, in facilitating international cooperation and promoting renewable energy development.

In conclusion, Renewable Energy Law: An International Assessment is a valuable resource for scholars, policymakers, regulators, and anyone interested in the legal and regulatory landscape of renewable energy. The book provides a comprehensive analysis of national renewable energy laws and the regulatory frameworks employed by different countries to achieve their renewable energy goals. The book highlights the convergence of energy laws globally and the existence of regulatory competition among countries. It also examines the role of international agreements and treaties in promoting renewable energy development. By understanding the legal and regulatory framework of renewable energy, we can work towards a more sustainable and environmentally friendly future.

Weight: 446g
Dimension: 152 x 228 x 21 (mm)
ISBN-13: 9781316636800