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The present energy economy, with its heavy dependence on fossil fuels, is not sustainable over the medium to long term for many interconnected reasons. Climate change is now recognized as posing a serious threat. Energy and resource decisions involving the carbon fuels therefore play a large role in this threat. Fossil fuel reserves may also be running short and many of the major reserves are in politically unstable parts of the world. Yet citizens in nations with rapidly developing economies aspire to the benefits of the modern energy economy. China and India alone have 2.4 billion potential customers for cars, industries, and electrical services. Even so, more than half of the world's citizens still lack access to energy. Decisions involving fossil fuels are therefore a significant part of the development equation. This volume explains how the law can impede or advance the shift to a world energy picture significantly different from that which exists today. It first examines the fact
This volume investigates how international and domestic legal frameworks can either obstruct or facilitate the global transition away from a fossil-fuel-dependent energy economy. The authors, a team of legal scholars and energy experts, analyze the intersection of climate change, resource scarcity, and geopolitical instability. By examining current regulatory structures, they argue that legal reform is a prerequisite for balancing the energy needs of developing nations with the urgent requirement for global decarbonization.
What You Will Find
Experts recognize this work as a comprehensive legal analysis of the structural challenges inherent in global energy reform. Readers frequently note the academic density of the prose, which serves as a foundational text for students and practitioners of environmental and energy law.
Page Count:
510
Publication Date:
2008-05-28
Publisher:
Oxford University Press
ISBN-10:
0199532699
ISBN-13:
9780199532698
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