Local Content and Sustainable Development in Global Energy Markets

Local Content and Sustainable Development in Global Energy Markets
Author: Damilola S. Olawuyi
Publisher: Cambridge University Press
Total Pages: 451
Release: 2021-03-04
Genre: Business & Economics
ISBN: 1108495370

Examines critical links between local content requirements and the application of sustainable development treaties in global energy markets.

Local Content and Sustainable Development in Global Energy Markets

Local Content and Sustainable Development in Global Energy Markets
Author: Damilola S. Olawuyi
Publisher: Cambridge University Press
Total Pages: 451
Release: 2021-03-04
Genre: Law
ISBN: 1108852882

Local Content and Sustainable Development in Global Energy Markets analyses the topical and contentious issue of the critical intersections between local content requirements (LCRs) and the implementation of sustainable development treaties in global energy markets including Africa, Asia, Europe, North America, Latin America, South America, Australasia and the Middle East While LCRs generally aim to boost domestic value creation and economic growth, inappropriately designed LCRs could produce negative social, human rights and environmental outcomes, and a misalignment of a country's fiscal policies and global sustainable development goals. These unintended outcomes may ultimately serve as disincentive to foreign participation in a country's energy market. This book outlines the guiding principles of a sustainable and rights-based approach – focusing on transparency, accountability, gender justice and other human rights issues – to the design, application and implementation of LCRs in global energy markets to avoid misalignments.

Local Content Requirements

Local Content Requirements
Author: Lili Yan Ing
Publisher: Taylor & Francis
Total Pages: 244
Release: 2023-11-06
Genre: Business & Economics
ISBN: 1003806937

As anti-globalization and geopolitical tensions continue to rise, the use of local content requirements (LCRs) around the world has become more noticeable than ever before. The reasons for adopting LCRs range from ensuring domestic supply availability, job creation, and increasing value added to safeguarding national security. Ing and Grossman examine country-specific as well as firm-product level exercises to explain how LCRs reduce fair competition, resulting in lower trade and productivity, which ultimately lowers world economic output and overall human welfare. Countries around the world are investigated with specific attention to the US, China, Indonesia, and resource-intensive countries, including mining-intensive ones. The book also presents product- and firm-level analyses, answering the question of why countries adopted LCRs and how LCRs actually affect the world economy. This book is a useful resource that will interest policymakers, researchers, and advanced undergraduates interested in international trade, industrial policy, political economy, labour economics, and development economics.

The UN Sustainable Development Goals

The UN Sustainable Development Goals
Author: Ilias Bantekas
Publisher: Oxford University Press
Total Pages: 1489
Release: 2023-10-26
Genre: Law
ISBN: 0192885898

In September 2015, the United Nations General Assembly adopted the 17 Sustainable Development Goals (SDGs). This historic document constituted a transformative 'plan for action for people, planet and prosperity' with regards to the sustainable development efforts of all countries. The Sustainable Development Goals serves as an expert compendium, the most authoritative ready-reference tool for anyone interested in the SDGs. Each chapter comprises a detailed target-by-target analysis of one of the SDGs, including a methodical analysis of the preparatory proceedings that shaped each goal in its present form, an exhaustive examination of their content, and a critical assessment from an international law perspective. This commentary provides readers with the most up-to-date information on normative and legal questions arising from the incorporation of the SDGs into the international economic, social, and environmental legal frameworks, and on their implementation status. Scholars, practitioners, and those interested in the fields of law, politics, development, economics, environmental studies, and global governance will find this book a must-read.

Sustainable Energy Democracy and the Law

Sustainable Energy Democracy and the Law
Author: Ruven Fleming
Publisher: BRILL
Total Pages: 387
Release: 2021-07-05
Genre: Law
ISBN: 9004465448

Sustainable Energy Democracy and the Law offers a legal account of the concept of sustainable energy democracy. The book explains what the concept means in a legal context and how it can be translated into concrete legal instruments.

Energy Law and the Sustainable Development Goals

Energy Law and the Sustainable Development Goals
Author: Eduardo G Pereira
Publisher: Taylor & Francis
Total Pages: 273
Release: 2024-05-07
Genre: Law
ISBN: 1040027288

The UN Sustainable Development Goals are an ambitious agenda for environmental sustainability, economic development, and social transformation. The SDGs include targets for governments, in partnership with private industry and communities, to improve access to affordable and reliable energy, reduce inequality, protect natural resources, and invest in transparent legal institutions and resilient infrastructure. Although transitioning energy systems towards a low-carbon future is a core aspect of the SDGs, the International Energy Agency anticipates that oil and gas will remain a significant component of the global energy mix for some time. Host Government Instruments are tools which governments use to grant oil and gas companies permission to develop state-owned resources. In addition to bringing substantial resources into governments, these HGIs often also include environmental commitments as well as commitments to local hiring, stakeholder engagement, and investment in economic development programmes. The different structures of HGIs and their precise terms and conditions are crucial determinants of the sustainability of oil and gas operations conducted thereunder. This book addresses how governments can use HGIs to advance the SDGs. Part I introduces the SDGs and the legal institutions and governance related to HGIs, including in relation to international energy development, international environmental treaties, the Paris Agreement, and human rights regimes. Part II examines specific provisions within HGIs and regulatory systems which relate to the oil and gas sector and SDGs. It provides case studies to illustrate approaches to HGIs and to identify opportunities for host governments and international oil and gas companies to advance the SDGs. The book concludes with a summary of recommendations regarding how host governments, in partnership with the oil and gas industry, can use HGIs to advance economic development and sustainability goals, and advances potential insights towards development of new and renewable resources.

The Palgrave Handbook of Natural Gas and Global Energy Transitions

The Palgrave Handbook of Natural Gas and Global Energy Transitions
Author: Damilola S. Olawuyi
Publisher: Springer Nature
Total Pages: 629
Release: 2022-05-04
Genre: Political Science
ISBN: 3030915662

The Palgrave Handbook of Natural Gas and Global Energy Transitions provides an in-depth and authoritative examination of the transformative implications of the ongoing global energy transitions for natural gas markets across the world. With case studies from Africa, Asia, Europe, North America, Latin America, South America, Australia, and the Middle East, the volume introduces readers to the latest legal, policy, technological, and fiscal innovations in natural gas markets in response to ongoing global energy transitions. It outlines the risk mitigation strategies and contractual techniques — focusing on resilience planning, low-carbon business models, green procurement, climate-smart infrastructure development, accountability, gender justice, and other sustainability safeguards — that are required to maximize the full value of natural gas as a catalyst for a just and equitable energy transition and for energy security across the world. Written in an accessible style, this book outlines the guiding principles for a responsible and low-carbon approach to the design, financing, and implementation of natural gas development and commercialization. It is an indispensable text and reference work for students, scholars, practitioners, and stakeholders in natural gas, energy, infrastructure, and environmental investments and projects.

Net Zero and Natural Resources Law

Net Zero and Natural Resources Law
Author:
Publisher: Oxford University Press
Total Pages: 393
Release: 2024-08-01
Genre: Law
ISBN: 0198925026

States, corporations, and other actors worldwide have committed to measures aimed at bringing down global emissions to net zero by the year 2060 or earlier. While the need for a clean energy transition is clear, incoherently designed transition programs can pose complex environmental, social, and governance risks, including legal liability and protracted disputes. At the same time, the rush for minerals needed to manufacture clean energy technologies raises fundamental questions–most crucially, how to ensure the exploration and development of energy transition minerals in a manner that does not exacerbate resource conflicts, resource nationalism, human rights violations, protectionism, energy insecurity, social exclusions, and inequity, especially in conflict-affected and high-risk regions. By studying the legal and regulatory systems of Africa, Asia, Europe, Australasia, and North and South America through the themes of sovereignty, security and solidarity, Net Zero and Natural Resources Law provides an in-depth discussion of tools and techniques for addressing the legal and contract risks relating to the clean energy transition. This book offers a comprehensive and authoritative account of the nature, scope, and guiding principles of natural resources law and policy in a net zero era. Consideration is given to the integrated resource governance roadmap that is needed to improve coherence and coordination in the design, financing, and implementation of energy transition programs across the entire natural resource value chain.

Resilience in Energy, Infrastructure, and Natural Resources Law

Resilience in Energy, Infrastructure, and Natural Resources Law
Author: Catherine Banet
Publisher: Oxford University Press
Total Pages: 401
Release: 2022-03-11
Genre: Law
ISBN: 0192679783

The number of severe and sometimes catastrophic disruptive events has been rapidly increasing. Extreme weather events including floods, wildfires, hurricanes, and other natural disasters have become both more frequent and more severe, whilst events such as the COVID-19 pandemic represent a global threat to public health with huge economic effects that recovery packages tried to address. These disruptive events, alone and in combination, have dramatic consequences on nature, human life, and the economy, calling for urgent action to mitigate their causes and adapt to their impacts. In response to discourses of collapsology and end-of-growth theories, this monograph offers an analytical approach to developing legal responses that can help ensure the needs of present and future generations can be met through energy systems, infrastructure development, and natural resources management in these times of disruption. 'Resilience' is, therefore, seen as a common framework for the interpretation and development of energy, infrastructure, and natural resources law. With a mix of thematic chapters and case studies from multiple jurisdictions, Resilience in Energy, Infrastructure, and Natural Resources Law maps and assesses legal responses to disruptive nature-based events, and examines possible legal pathways for more sustainable outcomes, based on its engagement with this concept of 'resilience' and social-ecological thinking.