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Environmental Crime in Europe (Hardcover): Andrew Farmer, Michael Faure, Grazia Maria Vagliasindi Environmental Crime in Europe (Hardcover)
Andrew Farmer, Michael Faure, Grazia Maria Vagliasindi
R3,310 Discovery Miles 33 100 Ships in 12 - 17 working days

"Environmental crime is a growing challenge for policy makers and law enforcers. This is an important and timely study which examines in depth how environmental crime is treated at national level within the European Union and the impact of the 2008 EU Directive on environmental crime on national systems. It will be required reading by anyone concerned with making environmental law more effective." Richard Macrory, Emeritus Professor, University College London The aim of this important new collection is to explore how environmental crime is controlled and environmental criminal law is shaped and implemented within the European Union and its Member States. It examines the legal framework, looking in particular at Directive 2008/99/EC, and the specific competences of the EU in this domain. In addition, it provides a detailed analysis of environmental criminal law in seven Member States, focusing inter alia on the basic legislation, the way in which environmental pollution is criminalised and the main actors in place to enforce environmental criminal law. In so doing, it provides a much needed explanation of the evolution of environmental criminal law in Europe at Union level and how this is implemented in selected Member States.

The design and sustainability of renewable energy incentives - an economic analysis (Paperback): Peter Meier, World Bank, Maria... The design and sustainability of renewable energy incentives - an economic analysis (Paperback)
Peter Meier, World Bank, Maria Vagliasindi
R1,289 Discovery Miles 12 890 Ships in 10 - 15 working days

The novelty of this work is the fact that it introduces a rigorous and objective economic perspective of current renewable energy support mechanisms and an empirical analysis of the strengths and weaknesses of these mechanisms, which is much needed in a debate often dominated by widespread misconceptions. The economic rationale for renewable energy is straightforward: the optimum amount of renewable energy for grid-connected generation is given by the intersection of the renewable energy supply curve with the avoided cost of thermal electricity generation. The proposed analytical framework: (i) differentiates and illustrates trade-offs among local, regional, and national impacts, in the short and long run; (ii) captures distributional impacts; and (iii) captures externalities and compares alternative projects based on equivalent output and cost. Accordingly, the study advocates for the need to get the economic, financial, and institutional basics right for the deployment of renewable energy. The study s integration of renewable energy subsidies with fossil subsidies is another novel and important contribution. This allows important comparisons. For example, to reduce carbon intensity in developing country economies, is it more efficient to deploy renewable energy or implement alternative options, such as eliminating subsidies on fossil fuels? The work is based on case studies of Vietnam, Indonesia, Sri Lanka, South Africa, Tanzania, Egypt, Brazil, and Turkey, selected to provide a representative sample of countries with different energy endowments (coal, natural gas, and hydro-based systems) and policy incentives (from feed-in tariffs to auctions). Along the way, the incremental cost of renewable energy is compared with the average cost of generation. The selection and design of support mechanisms in turn determines the impacts on the budget and residential consumers. The main lessons emerging from the case studies are that successful renewable energy policies: Will only be effective once the state-owned utilities who are the buyers of grid-connected renewable energy are themselves in good financial health Need to be grounded in economic analysis and accompanied by the application of market principles to ensure economic efficiency Require a sustainable, equitable, and transparent recovery of incremental costs"

Revisiting Public-Private Partnerships in the Power Sector (Paperback): Maria Vagliasindi Revisiting Public-Private Partnerships in the Power Sector (Paperback)
Maria Vagliasindi
R838 Discovery Miles 8 380 Ships in 10 - 15 working days

Given the chronic power shortages faced by numerous developing countries, and the need everywhere to keep pace with demand, understanding the drivers of public private partnerships (PPPs) in energy is critical. While many private electricity projects have been delayed and financing costs have increased, the impact of the global financial crisis was less severe than that of previous crises that originated in developing countries. This resilience stems from developing countries - need to expand generation capacity, electricity sector reforms and better regulatory frameworks, and short-term solutions (such as rental power plants). The study reports the evidence from statistical analysis and a sample of case studies selected based. It proposes a novel analytical approach to model PPPs, using a two-stage procedure based on Heckman's sample selection distinguishing between those factors that determine whether private investment in energy takes place, and those that influence the volume of investment. The results of the analysis provide the following conclusions: Both general governance and regulatory instrument primarily affect investors' decisions to enter the various power sector markets, not the subsequent level of investment - indicating that investors seem to be adequately protected against risks. Support mechanisms, like feed-in tariffs, are crucial for attracting investors in renewable generation, but they do not succeed in displacing fossil fuel investment and they could play a bigger role in affecting the level of investment in renewables. There is a significant trade-off between effectiveness and efficiency of alternative instruments for deploying renewables. Feed-in tariffs tended to be quite effective but to be set on the high side, reducing incentives to cut costs and posing significant strains on already stripped national budgets. Competitive auctions, on the other hand have tended to be efficient but initially low and not always the most effective instrument. Countries can scale up renewables following different paths. For Brazil, the move from feed-in tariffs to auctions enabled it to both reduce costs and deploy additional capacity. Peru followed in Brazil's path, opting for auctions instead of introducing feed-in tariffs. On the other hand, China's move from competitive tenders to feed-in tariffs allowed for discovery effects to determine the right level of prices to attract private investment in renewables.

Power Market Structure - Revisiting Policy Options (Paperback): Maria Vagliasindi, John Besant-Jones Power Market Structure - Revisiting Policy Options (Paperback)
Maria Vagliasindi, John Besant-Jones
R1,169 Discovery Miles 11 690 Ships in 10 - 15 working days

The current distribution of power markets around intermediate structures between full integration and unbundling suggests that there has not been a linear path to reform in practice. Instead, many developing countries may retain intermediate structures in the foreseeable future. This possibility exposes a large gap in understanding about power market structures, since most theoretical work has focused on the two extreme structures and there is limited evidence on the impact of unbundling for developing countries. The study reports the evidence from statistical analysis and a representative sample of twenty case studies selected based on the initial conditions, such as income and power system size. It proposes a novel analytical approach to model market structure, together with ownership and regulation, controlling for several variables, as a key determinant of performance across several indicators, including access, operational and financial performance and environmental sustainability. The results of the analysis provide the following conclusions for policy guidance on power market restructuring for developing countries: There seems to be credible empirical basis for selecting a threshold power system size and per capita income level below which unbundling of the power supply chain is not expected to be worthwhile. Indeed a dichotomy emerges between high income countries characterized by a large system size for which unbundling and other reforms are significantly linked to better performance and low income countries characterized by small system power size for which there is no strong evidence that unbundling and other reforms delivered improvements in performance. Unbundling deliver consistently superior results across the board of performance indicators when used as an entry point to implement broader reforms, particularly introducing a sound regulatory framework, reducing the degree of concentration of the generation and distribution segments of the market by attracting additional number of both public and private players and encouraging private sector participation. Partial forms of vertical unbundling do not appear to drive improvements, probably because the owner was able to continue exercising control over the affairs of the sector and hinder the development of competitive pressure within the power market. Although the quest for growth remains as elusive as it was more than a decade ago, there is now much greater consensus on the policies and institutional changes that are needed to foster growth and economic development. But debate continues on the timing, sequencing, and local adaptation of these reforms. Furthermore, although the benefits of reform are well documented--the reasons as to why and when reforms occur still remain somewhat unclear. Many countries go through long periods of stagnation or even decline, without being able to create an environment for change, while others seem able to break the hold of vested interests and start following paths of reform. In October 2004, the Operations Evaluation Department (OED) of the World Bank held a conference on the Effectiveness of Policies and Reform. This event provided a forum at which participants--over 500 government officials, civil society representatives, and World Bank staff--could discuss how to improve the effectiveness of World Bank support for development policies and reform programs. Included in this volume are the contributions of distinguished development practitioners on issues such as: the links between good performance and policy change; how windows of opportunity can best be used to promote reform; how ownership of policies and reform programs can be encouraged; and how developed country policies can be improved to create a better global environment for development. Ajay Chhibber is director of the Operations Evaluation Department of the World Bank and was World Bank country director for Turkey from 1997 to 2003. R. Kyle Peters is senior manager, Country Evaluation and Regional Relations, in the Operations Evaluation Department of the World Bank. Barbara J. Yale is a consultant with the Operations Evaluation Department of the World Bank.

Implementing Energy Subsidy Reforms - Evidence from Developing Countries (Paperback): Maria Vagliasindi Implementing Energy Subsidy Reforms - Evidence from Developing Countries (Paperback)
Maria Vagliasindi
R994 Discovery Miles 9 940 Ships in 10 - 15 working days

Poorly implemented energy subsidies are economically costly to taxpayers and damage the environment. This report aims at providing the emerging lessons form a representative sample of case studies in 20 developing countries that could help policy makers to address implementation challenges, including overcoming political economy and affordability constraints. The sample has selected on the basis of a number of criteria, including the country s level of development (and consumption), developing country region, energy security and the fuel it subsidies (petroleum fuel, electricity, natural gas). The case studies were supported by data collection related to direct budgetary subsidies, fuel and electricity tariffs, and household survey data. The analysis provides strong evidence of the success of reforms in reducing the associated fiscal burden. For the sample of countries, the average energy subsidy recorded in the budget was reduced from 1.8% in 2004 to 1.3%GDP in 2010. The reduction of subsidies is particularly remarkable for net energy importers. Pass-through of international fuel prices was also notable in the case of electricity generated by fossil fuel. For the sample of countries, the average end-user electricity tariff increased by 50%, from USD 6 cents in 2002 to USD 9 cents per kWh in 2010. In spite of the relatively price inelastic demand for gasoline and diesel, fossil fuel consumption in the road sector (per unit of GDP) declined in the 20 countries examined from 53 (44) in 2002 to about 23 kt oil equivalent per million of GDP in 2008 in the case of gasoline (Diesel). The most notable decline in consumption was recorded in the low and lower middle income countries. This reflects the much higher rate of growth in GDP in this group of countries and underlines the opportunities to influence future consumption behavior rather than modifying the existing consumption patterns, overcoming inertia and vested interests. Similar trends are recorded for power consumption. While there is no one-size-fits-all model for subsidy reform, implementation of compensatory social policies and an effective communication strategy, before the changes are introduced, reduces helped with the implementation of reforms."

Environmental Crime in Europe (Paperback): Andrew Farmer, Michael Faure, Grazia Maria Vagliasindi Environmental Crime in Europe (Paperback)
Andrew Farmer, Michael Faure, Grazia Maria Vagliasindi
R1,711 Discovery Miles 17 110 Ships in 10 - 15 working days

"Environmental crime is a growing challenge for policy makers and law enforcers. This is an important and timely study which examines in depth how environmental crime is treated at national level within the European Union and the impact of the 2008 EU Directive on environmental crime on national systems. It will be required reading by anyone concerned with making environmental law more effective." Richard Macrory, Emeritus Professor, University College London The aim of this important new collection is to explore how environmental crime is controlled and environmental criminal law is shaped and implemented within the European Union and its Member States. It examines the legal framework, looking in particular at Directive 2008/99/EC, and the specific competences of the EU in this domain. In addition, it provides a detailed analysis of environmental criminal law in seven Member States, focusing inter alia on the basic legislation, the way in which environmental pollution is criminalised and the main actors in place to enforce environmental criminal law. In so doing, it provides a much needed explanation of the evolution of environmental criminal law in Europe at Union level and how this is implemented in selected Member States.

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