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Energy security is a burning issue in a world where 1.4 billion
people still have no access to electricity. This book is about
finding solutions for energy security through the international
trading system. Focusing mainly on the European Union as a case
study, this holistic and comprehensive analysis of the existing
legal and geopolitical instruments strives to identify the
shortcomings of the international and EU energy trade governance
systems, concluding with the notion of a European Energy Union and
what the EU is politically prepared to accept as part of its
unified energy security. This snapshot of multilateral, regional
and bilateral energy trade governance deals with energy transit
from the perspective of the Energy Charter Treaty as a means to
enhance EU energy security, and examines the system of law and
governance of international trade in unconventional fossil fuels.
The authors analyze concerns that arise from preferential trade
agreements and renewable energy from the EU's perspective, and
explain how the EU can diversify its energy supply to improve its
energy security. This book will be of interest to students,
scholars, lawyers, economists, policymakers, and think tanks
dealing with the links between energy security and international
trade, as well as those communities relating to other
energy-related disciplines.
This comprehensive book provides a thorough analytical overview of
the European Union's existing law and policy in the field of
international trade. Considering the history and context of the
law's evolution, it offers an adept examination of its common
commercial policy competence through the years, starting with the
Treaty of Rome up until the Treaty of Lisbon, as a background for
understanding the EU's present role in the World Trade Organization
(WTO) framework. Accessible and thought-provoking, chapters offer a
legal analysis of EU trade policy after the Treaty of Rome, after
the conclusion of the WTO Agreement, at the Treaty of Amsterdam, at
the Treaty of Nice, and at the Treaty of Lisbon, taking into
account the most recent constitutional developments by the Lisbon
Treaty on division of competences between the EU and its Member
States. Additional thought is given to the role of major EU
institutions and their balance within EU trade law and policy, and
the tension between efficiency and accountability in
decision-making processes in EU trade policy is further considered.
Students and scholars working in the field of European and
international trade law and policy, and international economic law
and policy more generally, will find this a clear and useful
resource. Practitioners seeking a clear and up-to-date insight into
the area will also appreciate this important work.
This book focuses on the role of higher education institutions in
addressing climate change mitigation and adaptation challenges,
contributing to the development of this fast-growing field.
Further, it includes the results of empirical research and offers
ideas regarding on-going and future research initiatives. The
contributions also * showcase the research and projects on issues
pertaining to climate change at universities from across the globe;
* document and promote ideas and experiences acquired in the
execution of research projects, especially successful initiatives
and best practices; and * introduce methodological approaches and
projects that offer a better understanding of climate change across
society and economic sectors. The book is structured around two
parts: lessons learned from climate change research, education,
studies and projects. Each part focuses on mitigation and
adaptation respectively, with many responses of the two modalities
overlapping. This book is a valuable resource for researchers and
practitioners in the fields of environment, human geography,
business and economics, as well as academics and students, as it
presents education, communication and awareness-raising projects on
matters related to climate change at universities in both
industrialised and developing countries, often in cooperation with
government bodies, NGOs and other stakeholders.
This timely book examines international trade and investment law at
various levels of governance, including unilateral, bilateral,
regional, and multilateral arrangements.Rafael Leal-Arcas
demonstrates that the nature of international trade law is
fragmented and cyclical. Whilst not always straightforward, the
process of making international trade law more multilateral,
beginning with the General Agreement on Tariffs and Trade in 1947,
has been largely successful. The author shows how this success
could be emulated for international investment law, as well as
providing a careful analysis of the choice of jurisdiction ?
regional versus global ? for the settlement of disputes.This
insightful book will be an invaluable resource for research
institutions, legal practitioners, judges, trade and investment
policy-makers, officials at international organizations and
national civil servants. Advanced students of international
economic law, international investment law, external relations law
of the EU, international trade law and WTO law will also find this
book important.
This book examines the need for greater legal coherence within
international trade negotiations between the European Union (EU)
and external trade relations. An introspective analysis of EU trade
law and policy is presented that highlights the complex issue of EU
unity. A particular focus is given to the Doha Round and the
General Agreement on Trade in Services, with empirical analysis
placing the negotiations not just within the context of
international trade law, but also within broader social and
political contexts. This book aims to provide an interdisciplinary
understanding of the EU's international trade negotiations. It will
be relevant to researchers and policy-makers interested in
international trade and EU law.
This book examines how international trade can be utilised to build
a sustainable future. It highlights how international trade and
climate regimes can work together to put in place a Green New Deal.
The potential of mega-regional trade agreements to aid climate
change mitigation and power the energy transition is explored in
relation to the energy section, with a particular focus on clean
technology. Broader perspectives are provided by an analysis of
international trading systems in the Caribbean and Pacific Islands
and a review of climate change law and policy in Brazil, Russia,
India, and China. This book aims to provide an interdisciplinary
understanding of how green trade can be achieved. It will be
relevant to researchers and policymakers interested in
international trade and environmental economics.
This book includes contributions by leading experts across the
globe with the first part of the book focusing on the analysis of
the Paris Agreement on Climate Change, examines COP26, and
questions the political process in the US for the creation of
policy for meaningful greenhouse gas emissions reductions. Part 2
explores various ways in which one can effectively mitigate climate
change. The contents provide an analysis of carbon pricing,
development of specific green energy technologies to promote
economic prosperity, and analysis of electric vehicles and other
elements of electrification in areas with carbon-intensive
electricity supply. Part 3 analyses the international dimension of
energy governance (both regional and global) and climate action. It
further provides an analysis of the challenges faced by small
island developing states, least-developed countries and other
vulnerable places. It also offers an analysis of the prospects for
a European Energy Union and explores why energy security and
decarbonization are significant. Lastly, it explores global energy
governance and how its fragmentation can be reduced. This volume
will be a useful reference for those in industry and academia.
International Energy Governance: Selected Legal Issues covers some
of the most interesting and pressing areas of international energy
law and policy. Eastern-Mediterranean, WTO and energy, external EU
energy policy and the promotion of renewable energy and its various
effects on market institutions are just examples of legal issues
selected for this book. The authors provide a comprehensive account
of these areas under a common theme of energy, trade and
environment. This is recommended reading for international lawyers
dealing with these topics.' - Kim Talus, University of Eastern
Finland, FinlandIn a world that is hungry for energy security, the
legal components at the junction of interstate energy cooperation
have become increasingly important. International law as it stands
today is not equipped to handle international energy governance
issues fully, negatively affecting our aim to meet energy security.
Selected legal deficiencies relating to international energy
governance are identified in this salient book. The currently
fragmented and multi-layered international energy governance regime
is exposed and reviewed. If governance were streamlined for legal
cohesiveness and international political and economic cooperation,
it would promote energy security. The book offers a broad
perspective on interstate energy cooperation in areas such as
energy transit, energy market liberalization and energy investment.
A more specific approach is presented in areas of cooperation such
as trade and energy; trade, environment and energy; and energy
exploration and maritime delimitation disputes. Finally,
International Energy Governance considers energy as a special
sector within the World Trade Organization and presents an analysis
of European Union energy governance and renewable energy systems.
This book would primarily be of interest to students, scholars,
lawyers, policymakers, and think tanks dealing with the legal
aspects of energy, as well as those communities relating to other
energy-related disciplines. Contents: Introduction Part I.
Interstate Energy Governance: Selected Legal Issues from Trade,
Environment and Law of the Sea 1. A fragmented Global Energy
Governance 2. Energy as a Special Sector in the World Trade
Organization 3. Trade, Environment and Energy: Implications for the
Conservation of Oil Resources 4. Energy and Law of the Sea: Eastern
Mediterranean Basin Scenarios Part II. EU Energy Governance:
Selected Legal Aspects 5. EU Energy Security 6. The EU and its
Systemic Relationship to the Energy Community and the Energy
Charter Treaty Part III. Renewable Energy in the WTO and EU:
Selected Legal Aspects 7. Renewable Energy in the World Trade
Organization 8. Renewable Energy in the European Union Part IV.
Looking Forward: Bridging the Policy Objectives of Energy, Trade
and Environment 9. Sustainable Development and Mega-regionals: The
TTIP and TPP Index
Rafael Leal-Arcas expertly examines the interface of climate change
mitigation and international trade law with a view to addressing
the question: How can we make best use of the international trading
system experience to aim at a global climate change agreement?The
insightful book contributes to developing the architecture for a
post 2012 global climate agreement and, in doing so, seeks and
proposes new approaches to climate change mitigation by linking it
to the international trade system. The author suggests the adoption
of a bottom-up approach to climate change negotiations by using the
evolution of multilateral trade agreements as a model for reaching
a global climate treaty. He discusses the innovative approach of
inserting climate goals within regional trade agreements, given
their proliferation - especially bilateral - in the international
trading system. He explains the trade implications of climate
change mitigation policies by analyzing a couple of areas where the
international regimes for trade and climate change mitigation may
potentially clash. Climate Change and International Trade will
strongly appeal to undergraduate and graduate students of
international and European trade law, international and European
environmental law as well as social science academics. NGOs, think
tanks, practitioners, researchers, and international organizations
will also find plenty of valuable information in this timely
resource. Contents: 1. Prologue Part I: Setting the Scene 2. The
Climate Change Challenge in the Context of International Trade 3.
Environmental Protection and the International Trade System Part
II: The Current State of Play 4. Legal and Policy Responses to
Climate Change 5. Analyzing the Kyoto Protocol Part III: Moving
Forward 6. Top-down and Bottom-up Approaches to Climate Change and
Trade 7. Regional Trade Agreements and Climate Change 8.
Geoengineering the Climate and Possible Trade Implications 9.
Recommendations Bibliography Index
This timely book examines international trade and investment law at
various levels of governance, including unilateral, bilateral,
regional, and multilateral arrangements.Rafael Leal-Arcas
demonstrates that the nature of international trade law is
fragmented and cyclical. Whilst not always straightforward, the
process of making international trade law more multilateral,
beginning with the General Agreement on Tariffs and Trade in 1947,
has been largely successful. The author shows how this success
could be emulated for international investment law, as well as
providing a careful analysis of the choice of jurisdiction ?
regional versus global ? for the settlement of disputes.This
insightful book will be an invaluable resource for research
institutions, legal practitioners, judges, trade and investment
policy-makers, officials at international organizations and
national civil servants. Advanced students of international
economic law, international investment law, external relations law
of the EU, international trade law and WTO law will also find this
book important.
The Commentary on the Energy Charter Treaty (ECT) provides a
unique, article-by-article, textual analysis of this important
international agreement. The ECT provides a multilateral framework
for cross-border cooperation in the energy sector based on the
principles of open competitive markets and sustainable development.
By binding governments to commitments that guarantee open markets,
non-discrimination, and access to foreign investment, the ECT aims
to strengthen the global rule of law on energy issues and, in doing
so, reduce the risks associated with energy-related investment and
trade. Expert contributors provide commentary and analysis on the
five primary areas of the ECT: investment promotion and protection,
trade, transit, environmental protection, and dispute settlement.
The optional protocols are also addressed, including issues such as
energy efficiency and the environment. Clearly and logically
organized, this commentary is an invaluable reference tool for
those wanting to better understand the intricacies of the Treaty
and its binding commitments. The Commentary will be an essential
resource for practitioners, academics, and policymakers across the
field of energy law and policy. Contributors include: V. Aleksic,
G. Alvarez, C. Baltag, M. Baumgart, L. Borlini, A. Eckenroth, D.
Geraets, S. Goldberg, C. Grasso, T. Hunter, A. Konoplyanik, R.
Leal-Arcas, N. Lisney, D. Mejia-Lemos, B.H. Melgar, F. Montanaro,
A. Morelli, A. Mudliar, M. Petri, L. Reins, O. Repousis, P. Serra,
F.D. Simoes, C.G. Stanescu, P. Vajda
This timely book shows how the creation of a European Energy Union
might be an effective and viable solution to the energy security
problems that the European Union is facing. The aim is to make it
easier to trade energy inside the EU. The EU currently has to rely
on energy-rich countries for its energy needs, many of whom are
politically and economically unstable; this places the EU in a
vulnerable position. The book explores the institutional and legal
framework for the creation of a European Energy Union, whose aim is
to achieve affordable, secure, and sustainable energy. The book
explores what the EU is politically prepared to accept as part of
its united energy security. Combined with the perception of energy
security being a pressing matter, the general disenchantment
surrounding the European ideal in the wake of the economic crisis
makes the task of ensuring affordable, secure, and sustainable
energy a formidable challenge. In that vein, the European Energy
Union could well be the flagship of this new outset towards a more
prosperous, energy-secure, and united Europe-bearing in mind that
EU member states wish to guard their sovereignty over national
energy systems. In the past, there have been divisions between EU
member states when trying to draft a united energy policy. The
European Energy Union tries to rectify this deficiency. This book
proposes the emulation of the EU's common commercial policy to
reach a common position in EU energy policy. It analyzes the role
of the Energy Community and the Euro-Mediterranean Energy
Partnership as avenues to further integrate energy markets beyond
European borders, especially with the Eastern and Southern
neighbours of the EU. It also dwells on the advancements that could
arise in terms of pan-European energy infrastructure through the
anticipated financial boost resulting from, inter alia, the
Investment Plan for Europe, the European Structural and Investment
funds, and the Connecting Europe Facility. Finally, it provides an
analysis of climate change mitigation by focusing on the importance
of decarbonizing the economy and analyzing the 2015 Paris Agreement
on climate change. Highlights: First book to analyze the European
Energy Union and the 2015 Paris Agreement on climate change.
Explains the five pillars of the European Energy Union.
Cross-examination of the EU's competence in the areas of energy and
trade to surmise whether a more harmonized European energy strategy
could, legally and conceptually, be realized anytime soon.
Electricity Decentralization in the European Union: Towards Zero
Carbon and Energy Transition, Second Edition examines progress in
decentralization across the European Union, with each chapter
focusing on developments and innovations in a specific country.
Sections provide an overview of the current role and state of smart
grids, the conceptualization of energy transition, and specific
cases across all EU states. Across the chapters, regulatory
frameworks are assessed to identify to what extent it is conducive
to decentralization, with specific outcomes of decentralization
covered in detail, including deployment of smart grids and meters,
demand response, electric vehicles, and storage. The book
highlights how specific EU member states are progressing towards
deployment of these tools and technologies, along with the specific
needs and regulatory barriers in each and recommendations for how
regulation can be more encouraging. In addition, electricity
interconnections in the EU are considered as a vital step towards
decentralization in order to boost energy security and energy
efficiency. Finally, the book includes a detailed examination of
data protection concerns that arise from the advent of new
technologies that collect personal information, such as smart
grids, assessing current regulation on data protection and
identifying areas for improvement, as well as innovative finance
options for sustainable energy.
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