The linkages between WTO rules governing trade and energy security with a certain degree of focus on India are the main subject of this book. The edited volume brings together the views of academics, policymakers and experts with extensive experience covering WTO and international trade issues. The issues examined include mapping the linkages between trade and energy security in the WTO agreements, case law, accession and Doha negotiations; assessing the issues that could be raised by energy deficit or energy surplus countries at the WTO; analyzing the provisions of the ECT and NAFTA vis-a-vis the Indian policy framework and examining the trade regimes of selected OPEC members and other major suppliers of fossil fuels to India. While the Indian perspective is evident in the contributions, this book will also be of interest to an international audience, as trade, the WTO and energy security are global concerns and of relevance to all practitioners and academics working on these issues."

Oceans Governance in the Twenty-first Century analyses the development of national, regional and international initiatives and arrangements directed towards governance of the world's seas and oceans. The authors examine those factors that shape oceans governance, as well as the supports and constraints affecting policy development and implementation. In addition, the book invaluably includes discussion of contemporary international and selected regional initiatives - including the development of a maritime policy by the EU. The processes and outcomes that have arisen in the development of oceans policy in Australia, Canada, New Zealand and the US are also summarised. This analysis centres on the key elements of institutional design, policy capacity, and the policy framework adopted as important supports to facilitate integrated oceans management. The book concludes that, despite increased attention to the oceans over the past two decades, major challenges remain, even where states have made concerted efforts to develop new approaches to ocean management. Marcus Haward and Joanna Vince's thorough study will appeal to researchers and academics at under and postgraduate levels working in the field of environmental management, as well as oceans and coastal management and governance. It will also be highly useful to policy makers with responsibilities for oceans and coastal management.

The advent of new biotechnologies implies significant changes in the world, both biologically and industrially. Biologically, these new technologies represent changes on a scale never before witnessed in the context of evolutionary systems. How these systems will respond to these changes is uncertain and potentially very significant. The first part of this volume addresses these issues in a series of chapters considering the manner in which societies might analyse and manage these systemic responses to biotechnological changes.

The second part of the volume addresses the industrial issues concerning biotechnologies. One of the primary motivations for these changes is to enhance the appropriability of the value of innovation occurring within the life sciences sectors. Changing to a property rights-based system of biotechnology has implications for the nature of research and development within these sectors, and the diffusion and distribution of its benefits across the globe. Another set of chapters in this volume sets out a framework for considering these important industrial issues.

The volume is the outcome of a two-year project on the economics of managing biotechnologies in agriculture. It is recommended to academics and policy makers interested in the issues concerning society's options in the management of this process of technological change.

A PDF version of this book is available for free in open access via the OAPEN Library platform, www.oapen.org. This book examines the emergence of both financial markets and carbon markets, and provides an in-depth investigation on the fundamental determinants of financial development.

Climate change is an issue in which every human being on the planet is a potential stakeholder. Therefore, equity and ethical considerations have an important role to play in determining a climate change response strategy that will prevent the worst case scenario. In this context, the authors of this important new book attempt to provide a better understanding of the practical and analytical issues surrounding climate change negotiations. Each of the chapters reflects on an issue linked to the concepts of ethics, equity and climate change such as economics, morality, politics, rights and law, philosophy, and atmospheric science. The authors, who come from a diverse range of national, disciplinary and sectoral backgrounds, advance pragmatic policy suggestions to enhance international negotiations on climate change and highlight the value of considering more humanistic aspects in the negotiation process. Greenhouse gas emissions are widely considered to be the ultimate environmental externality and consequently an issue of great contemporary concern. This insightful and original treatment of the important issues will be welcomed by climate change negotiators, policymakers, and economic, environmental and social researchers. It will also be of interest to anyone who believes that the negotiation process may benefit from a more deep-rooted shift in social attitudes and beliefs.

This edited book responds to the need for a better understanding of how climate change affects North America and for the identification of processes, methods and tools that may help countries and communities to develop a more robust adaptive capacity. It showcases successful examples of how to manage the social, economic and environmental complexities posed by climate change. The book attempts to synthesize various branches of resilience and adaptation scholarship into a cohesive text that highlights field research and best practices that are shaping policy and practice in a wide geography from the coastal conditions of the Caribbean to the thawing landscape of the Arctic Circle.

This exposition of the major ideas of Georgescu-Roegen should help readers understand his work - both the revolutionary boldness and originality of many of his ideas and the careful logic with which he developed them. Georgescu-Roegen's work encompassed environmental economics and methodology.

Providing useful insights on the use of Multi-Criteria Decision Analysis (MCDA) in natural resource management, this book examines a number of empirical applications for several countries and a variety of natural resources. It is shown that using MCDA in the management of water, forestry, wetland and other natural resources can substantially improve the design and implementation of natural resource and environmental policies. Stakeholder involvement is also an important determinant of successful resource management and MCDA provides a useful and effective framework for getting stakeholders involved in resource management decisions. Using Multi-Criteria Decision Analysis in Natural Resource Management gives in-depth analysis of the potential problems in applying these techniques, including difficulties eliciting required information, lack of suitable measures for environmental variables and the need to develop innovative methods to simplify the use of MCDA.

This book explores the Arctic as a rapidly evolving phenomenon in international affairs of a rising number of stakeholders. For decades, Arctic studies used to be an affair of a relatively narrow group of experts from northern countries. This time is over due to a new Chinese Arctic policy, as well as growing regional interests from South Korea, Singapore, India and Japan. Contributors reflect on new roles for the Arctic region: both as a playground for the old school nation state competition and even confrontation, and a new source for international cooperation in energy, logistics and natural sciences. Climate change, political tensions and economic competition make Arctic a hotter venue of international relations. This new Arctic fever, studied through a comparative analysis of different regional agendas, especially with a focus on the US-China-Russia triangle, represents the main subject of our book, which will be of interest to scholars of geopolitics, of climate change, and of 21st century energy economics.

Concerns about energy security, uncertainty about oil prices, declining oil reserves, and global climate change are fueling a shift towards bioenergy as a renewable alternative to fossil fuels. Public policies and private investments around the globe are aiming to increase local capacity to produce biofuels. A key constraint to the expansion of biofuel production is the limited amount of land available to meet the needs for fuel, feed, and food in the coming decades. Large-scale biofuel production raises concerns about food versus fuel tradeoffs, about demands for natural resources such as water, and about potential impacts on environmental quality. The book is organized into five parts. The introductory part provides a context for the emerging economic and policy challenges related to bioenergy and the motivations for biofuels as an energy source. The second part of the handbook includes chapters that examine the implications of expanded production of first generation biofuels for the allocation of land between food and fuel and for food/feed prices and trade in biofuels as well as the potential for technology improvements to mitigate the food vs. fuel competition for land. Chapters in the third part examine the infrastructural and logistical challenges posed by large scale biofuel production and the factors that will influence the location of biorefineries and the mix of feedstocks they use. The fourth part includes chapters that examine the environmental implications of biofuels, their implications for the design of policies and the unintended environmental consequences of existing biofuel policies. The final part presents economic analysis of the market, social welfare, and distributional effects of biofuel policies.

During the last century international trade has become indispensable for many economies. This is not only the case for trade in primary raw materials and consumer products but also for secondary (recyclable) materials. With the rapid growth of the recycling sector worldwide, trade in recyclables increased tremendously. It is striking that most of this trade flows from developed to developing countries. This book addresses the main causes of this typical trade pattern and investigates its economic and environmental effects by carrying out case studies on waste paper imports in India, waste plastics imports in China, and used-tyre trade in Europe. The book concludes by recommending policies that are aimed at preventing negative economic and environmental effects potentially resulting from trade in recyclables. The book offers new ideas to researchers who are involved in international trade, material flows, and waste management, and provides new insights for decision-makers who are interested in WTO and the Basel Convention.

Trade and the environment has become a major area of international political dispute. This study investigates the interdependencies between environmental policies and international trade policies. * Does liberalization of international goods and factor markets cause environmental disruption and welfare losses? * Will countries institute lax ecological regulations to favour their domestic producers? * Should trade restrictions be used for environmental reasons and can environmental policy instruments be used to achieve trade-related objectives? * Should there be what the author terms a `green GATT'? The approach is mainly theoretical, and uses traditional trade models like Hekscher-Ohlin as well as non-competitive models of the `new' trade theory and public choice. Some other important but often neglected aspects, such as trade in hazardous wastes and the foreign debt problem, with the possibility of debt-for-nature swaps, are also considered. Finally International Trade, Factor Movements, and the Environment addresses institutional issues on both national and international levels. The book will be essential reading for all international and environmental economists.

Focusing on air pollution, energy efficiency and climate change, this book provides an introduction to Japan's environmental policies and regulations, and offers economic analyses and RIAs (Regulatory Impact Analysis) of environmental regulations implemented or planned by the national and local governments. The opening chapter reviews environmental economics and outlines the current status of RIAs in Japan. Chapter 2 analyzes the NOx-PM Act, which prohibits the use of old and polluting vehicles in metropolitan areas. Chapter 3 examines a Tokyo metropolitan government regulation which requires installation of pollution control equipment in older trucks that fail to meet emission standards. Chapter 4 traces the impact of the NOx-PM Act on the used car market and used vehicle exports. Chapter 5 presents an economic analysis of a highway toll reduction, revealing an unexpected negative social impact: it increased traffic congestion and associated environmental problems. The final three chapters address policies and regulations related to energy efficiency and climate change Chapter 6 evaluates the effectiveness of Japan's Energy Conservation Act, originally introduced in 1979 and amended numerous times to address climate change. Chapter 7 anticipates the impact of a proposed economy-wide carbon tax, using input-output analysis to assess short-term economic impacts in each sector. Also presented here is an examination of the effectiveness of a reduced carbon tax for energy-intensive industries, with a discussion of the impact of the proposal on households. The final chapter discusses the role and limitations of economic models for evaluating Japan's mid-term GHG (Greenhouse Gas) emission target during the post-Kyoto period. This is the first book to evaluate Japanese environmental policies from an economic perspective, using a variety of current quantitative approaches. Its findings and suggestions will benefit students, policy makers and government officials in developing and developed countries where the public faces similar environmental problems.

This book investigates how environmental qualities can be managed through social capacity development in developing countries. To this end, the book proposes a concept of social capacity assessment (SCA) and presents empirical tools for the SCA which can be used for the analysis in developing countries. This book also presents applications of the SCA for other problems under scrutiny in developing countries, including poverty reduction, infrastructure management and protection of endangered species.

This book offers an edited volume for all readers who wish to gain an in-depth grasp of the economic analysis of recent developments in energy law and policy in Europe and the United States. In response to waning resources and heightened environmental awareness, many countries are now seeking to redefine their energy mix. Several energy sources are available: coal and oil, natural gas, and a variety of renewables. Yet which of them are capable of addressing core energy-related concerns? Reliability, security, affordability, fairness, and sustainability all have to be taken into account. Further, once a target mix has been identified, two challenges remain for legal scholars: what role does the law play in achieving a specified energy mix, and, how can the law best fulfill that role? The essential energy concerns are just as important in defining the way we shape our energy mix as they are in defining the mix itself. An example of current challenges in energy law and policy can be seen in the pursuit by the German and Swiss governments of the so-called "Energiewende" (energy transition). These policies are intended to enable the transition from a non-sustainable use of fossil and nuclear energy to a more sustainable approach based on renewable energies. On the one hand, the goal is to achieve a decarbonization of the energy economy by reducing the use of fossil energy sources such as petroleum, carbon and natural gas. On the other, and in response to the Fukushima nuclear accident, a phase out is intended to eliminate the dangers of nuclear technologies. Achieving these goals poses tremendous challenges for the two countries' energy policies - partly because the energy transition will not only affect energy production, but also energy consumption. From a Law and Economics perspective, a number of questions arise: to what extent is it justifiable to rely on markets and continued technological innovation, especially with regard to the present exploitation of scarce resources? To what extent is it necessary for states to intervene in energy markets? Regulatory instruments are available to create and maintain more sustainable societies: command and control regulations, restraints, Pigovian taxes, emission certificates, nudging policies, and more. If regulation in a certain legal field is necessary, which policies and methods will most effectively spur the sustainable consumption and production of energy in order to protect the environment while mitigating any potential negative impacts on economic development? Do neoclassical and behavioural economics provide us with a suitable framework for predicting the market's complex reactions to a changing energy policy? This book provides theoretical insights as well as empirical findings in order to answer these vital questions.

Does free trade contribute to the deterioration of the environment? This important book offers a fresh look at the trade-environment debate from a political-economic perspective. It provides an extensive analysis of the environmental consequences of free trade, and examines how trade affects environmental regulation in this age of regional and global economic integration. The book begins by providing a useful review of the literature on the environment-trade link and the effects of trade on environmental regulation. It is demonstrated that environmental regulation may affect trade and investment patterns, and as a consequence the competitiveness of a country or region. Using the North American Free Trade Agreement as a case study, the author examines the political influence of environmentalists and industry sub-groups on pollution standards in the United States. Rolf Bommer also discusses the European experience, and reveals that the European Union may affect pollution regulation considerably and increase the chance of higher environmental standards. He concludes that free trade offers the opportunity to introduce tighter pollution regulation due to the political influence of interest groups on environmental policy making. Economic Integration and the Environment will be welcomed by environmental economists, those interested in international economics as well as policymakers and practitioners.

Land use decisions in karst terrains can have immediate and serious impacts on the local landscape and groundwater resources. The existing literature on karst and land use can be very difficult to locate in the journals of any of a half-dozen different disciplines. This book brings the interdisciplinary knowledge together in one place, in a format that academics and professionals alike will find accessible, informative and useful.

Based on an examination of existing regulations, the experiences and opinions of planners and land use professionals, and quantitative analysis of publicly-available data, the book explores how human settlement patterns and urban systems in karst terrains are affected by land use regulations intended to protect karst resources. The book pays particular attention to the questions of whether these regulations will have a noticeable impact on density and on opportunities for economic growth and development in communities that choose to implement them. This analysis serves as the basis for a regulatory framework that may be used to understand the workings of land use regulations in karst terrains, and to aid in the development of such regulations in the future.

Depending on their national level of income, development and modernization, all countries in the world can be generally categorized as either advanced or developing. Studies on why advanced countries continue to develop, how they maintain their level of development, and how developing countries enter into the advanced club fall into the field of modernization science, which is an emerging interdisciplinary science.

This monograph, the first English book available on modernization science, interprets its concepts, methodologies, general theories, first and second modernization, six level-specific, six field-specific and three sector-specific modernizations, modernization policy and evaluation, and the principles and methods of national development since the 18th century. It provides clear, systematic, up-to-date information on this new discipline with more than 173 figures and 265 tables, and covers 131 countries and 97% of the global population.

A comprehensive outlook on world modernization is presented from a Chinese perspective.

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Mineral deposits are non-renewable; they do not grow in the ground. Sustainable use of finite mineral wealth requires that revenues from mineral extraction be invested in renewable wealth, education and infrastructure, machines and other production equipment, or in financial assets. Different countries, states and provinces have done so with a varying degree of success. Investing for Sustainability: The Management of Mineral Wealth highlights mineral rents investment funds in Norway, Alaska and Alberta, all of which derive considerable revenues from the production of petroleum bound to diminish over time. The book examines the institutional and political framework in which these funds are embedded and how successfully they have been used for making non-renewable petroleum wealth permanent. Investing for Sustainability: The Management of Mineral Wealth begins with a discussion of the elusive concept of sustainability. New technology and substitution has made a resource like peat obsolete long before it became exhausted physically. Jevons' famous book "The Coal Question" is discussed at some length as a case of unwarranted concern about the depletion of resources. The book also highlights other cases which strike a less happy note. Nauru, one of the smallest sovereign states in the world, has for decades lived off phosphate resources that are now running out. Nauru attempted to make its phosphate wealth permanent through investment funds but failed. Despite its success with its Permanent Fund, less of the oil wealth of Alaska has been made permanent than would appear warranted, and the same is true of Alberta and Norway. Judging from the experiences of the three funds, and the current political debate in Norway, Investing for Sustainability: The Management of Mineral Wealth suggests that it is essential that the citizenry at large benefit directly from mineral rents investment funds if they are to succeed.

Science into Policy: Global Lessons from Antarctica reveals a unique model for integrating Earth system science with environmental and resource policies to balance economic, governmental, and societal interests. Since the International Geophysical Year in 1957-1958, scientific investigation has fostered international cooperation and the rational use of Antarctica for "peaceful purposes only." Beyond merely presenting information, this book integrates content and concepts in a manner that will appeal to individuals with interests in the natural and the social sciences.
Integrated chapters convey the natural and the human dimensions of Antarctica.
Time and space concepts are introduced from diverse perspectives to facilitate insights into ecosystem and environmental variability.
Included CD-ROM provides searchable access to a comprehensive database of Antarctic Treaty documents.
The author has been leading international expeditions to "the ice" for the past three decades.

Based on the empirical analysis of the effectiveness of four provincial centres for the diffusion of the Clean Development Mechanism (CDM), a market mechanism for emission reductions, Miriam Schroeder scrutinizes the strengths and weaknesses of hybrid actors' performance on the local Chinese carbon market.

"The Forest and the Marine Stewardship Councils constitute new global governance institutions using voluntary certification and labelling as market incentives to encourage sustainable management. Utilizing a comparative political economic framework, the authors analyze shifting British, Canadian and Australian responses to the stewardship councils"--

This book highlights the importance of Turkey in diversifying supplies in future European energy security, focusing in particular on the rapidly emerging southern energy corridor. Turkey, by its location, occupies a key role in this corridor, fed by hydrocarbon supplies from Russian, Caspian, east Mediterranean and Arab sources. The book examines Turkey's role as a transit country (in addition to its own growing domestic energy market) and it utilizes the latest evidence on the geopolitics of various pipelines which convergence on Turkey. The evidence, including maps, strongly favor Turkey as an energy hub within a regional energy model driven by rational behavior and market forces. The book recommends an increasing strategic energy cooperation between the EU and Turkey to maximize mutual interest.

The human imprint on the biosphere has become so pronounced in recent years that there has been talk of a new geological era, the 'Anthropocene'. Gathering contributions from some of the world's foremost heterodox economists, this book explores the new economic directions and paradigms that are required to respond to this crisis.

The fall of the Soviet Union was a transformative event for the national political economies of Eastern Europe, leading not only to new regimes of ownership and development but to dramatic changes in the natural world itself. This painstakingly researched volume focuses on the emblematic case of postsocialist Romania, in which the transition from collectivization to privatization profoundly reshaped the nation's forests, farmlands, and rivers. From bureaucrats abetting illegal deforestation to peasants opposing government agricultural policies, it reveals the social and political mechanisms by which neoliberalism was introduced into the Romanian landscape.