Effective enforcement is vital to the successful implementation of social legislation, and legislation that is not enforced, rarely fulfils its social objectives. This paper examines the question of how the enforcement task might best be conducted to achieve policy outcomes that are effective...

In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic...

Using India's National Sample Survey data on consumption expenditure by households this paper examines how access to affordability of electricity services have fared under power sector reform programme that was pursued in the of State Orissa (India). To draw a comparative picture of Orissa with...

One of the objectives of the European Union Emissions Trading Scheme (EUETS), the EU's flagship cap-and-trade policy, is to give an incentive to carbon-constrained entities to invest in a production apparatus that emit less carbon. So far, analytical work and related evidence has been limited to...

Surrounding the passage of Dodd-Frank, a noted author argues that existing market manipulation statutes cannot effectively prosecute manipulation cases because the statutes prohibit fraud, not market power. This is incorrect. While traditional economic theory can explain the incentives...

This survey of recent developments includes reports updating continuing controversies regarding foreign poaching in Australian fisheries and whaling in the Southern Ocean, as well as significant changes to Australian policy and procedure regarding illegal immigration by sea. Among the cases...

The federal Administrative Procedure Act mandates published notice of proposed rulemaking, along with the provision that stakeholders and the public at large be given the opportunity to comment on significant proposed rules. In theory, federal rulemaking is improved by the solicitation and...

The reaction of communities to the development of energy facilities is based on the environmental impact of the investment, but it also reflects the ex-ante propensity of residents to engage in collective actions. In this work we have examined the requests of authorization of Italian power...

Electricity prices should fully link the consumer price to peak-period generation costs, environmental costs and the high cost of new generation, according to an expert analysis released today by the C.D. Howe Institute. The author says such pricing reform is required to reduce both financial...