We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.
from Part II - International Law and International Adjudication
Published online by Cambridge University Press: 06 November 2020
The development of renewable energy is an important tool to limit greenhouse gas emissions. How the investor-state arbitration tribunals are dealing with renewable energy investment cases can influence the future growth of the renewable energy sector, creating an impact on our efforts to tackle climate change. This chapter analyses renewable energy investment cases that have arisen in Europe and North America. It considers the valuable experiences from a policy perspective which can be drawn from these cases. These cases involve application of provisions prohibiting expropriation and granting the investor fair and equitable treatment, which involve considerations of government policies. As a capital-sensitive and relatively new industry, the renewable energy sector needs government subsidies to compete with traditional fossil fuel. On the other hand, the renewable energy sector changes swiftly due to the advancement of technology, and states have found it difficult to calculate the precise level of subsidies that gives renewable energy the same level of competitiveness but without making it rely on state subsidies to make a profit. Finally, implications of these cases for climate change are analysed.
To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.
To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.
