Renewables, Preferential Trade Agreements and EU Energy Security
A major aim of the international community is to decarbonize the economy. With renewables, international trade in energy is likely to increase. In turn, the international trading system can be a major vehicle towards moving away from fossil fuels to renewable energy. To this end, it can provide fair...
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doaj-81c79c4aff4d4363862b4f96f3c0a4f02020-11-24T23:17:16ZengMDPI AGLaws2075-471X2015-08-014347251410.3390/laws4030472laws4030472Renewables, Preferential Trade Agreements and EU Energy SecurityRafael Leal-Arcas0Valentina Caruso1Raphaela Leupuscek2The Centre for Commercial Law Studies, Queen Mary University of London, Mile End Road, London E1 4NS, UKThe Centre for Commercial Law Studies, Queen Mary University of London, Mile End Road, London E1 4NS, UKThe Centre for Commercial Law Studies, Queen Mary University of London, Mile End Road, London E1 4NS, UKA major aim of the international community is to decarbonize the economy. With renewables, international trade in energy is likely to increase. In turn, the international trading system can be a major vehicle towards moving away from fossil fuels to renewable energy. To this end, it can provide fair competition, economies of scale and knowledge transfer. This article analyzes the impact of European Union (EU) preferential trade agreements (PTAs) in addressing climate change mitigation and energy security by promoting renewables. Currently, there is a proliferation of PTAs; this trend seems irreversible and is likely to persist, given the current crisis in the multilateral trading system. We argue that the EU can, through its network of PTAs, move towards greater energy independence as renewable energy becomes increasingly economically viable. This article provides a thorough review of the renewable energy-related provisions in the EU’s current PTAs and recommends three tangible ways through which the EU could capitalize its vast network of PTAs to boost the renewable energy market.http://www.mdpi.com/2075-471X/4/3/472renewable energypreferential trade agreementsenergy securityEUEnergy Communityclimate change |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Rafael Leal-Arcas Valentina Caruso Raphaela Leupuscek |
spellingShingle |
Rafael Leal-Arcas Valentina Caruso Raphaela Leupuscek Renewables, Preferential Trade Agreements and EU Energy Security Laws renewable energy preferential trade agreements energy security EU Energy Community climate change |
author_facet |
Rafael Leal-Arcas Valentina Caruso Raphaela Leupuscek |
author_sort |
Rafael Leal-Arcas |
title |
Renewables, Preferential Trade Agreements and EU Energy Security |
title_short |
Renewables, Preferential Trade Agreements and EU Energy Security |
title_full |
Renewables, Preferential Trade Agreements and EU Energy Security |
title_fullStr |
Renewables, Preferential Trade Agreements and EU Energy Security |
title_full_unstemmed |
Renewables, Preferential Trade Agreements and EU Energy Security |
title_sort |
renewables, preferential trade agreements and eu energy security |
publisher |
MDPI AG |
series |
Laws |
issn |
2075-471X |
publishDate |
2015-08-01 |
description |
A major aim of the international community is to decarbonize the economy. With renewables, international trade in energy is likely to increase. In turn, the international trading system can be a major vehicle towards moving away from fossil fuels to renewable energy. To this end, it can provide fair competition, economies of scale and knowledge transfer. This article analyzes the impact of European Union (EU) preferential trade agreements (PTAs) in addressing climate change mitigation and energy security by promoting renewables. Currently, there is a proliferation of PTAs; this trend seems irreversible and is likely to persist, given the current crisis in the multilateral trading system. We argue that the EU can, through its network of PTAs, move towards greater energy independence as renewable energy becomes increasingly economically viable. This article provides a thorough review of the renewable energy-related provisions in the EU’s current PTAs and recommends three tangible ways through which the EU could capitalize its vast network of PTAs to boost the renewable energy market. |
topic |
renewable energy preferential trade agreements energy security EU Energy Community climate change |
url |
http://www.mdpi.com/2075-471X/4/3/472 |
work_keys_str_mv |
AT rafaellealarcas renewablespreferentialtradeagreementsandeuenergysecurity AT valentinacaruso renewablespreferentialtradeagreementsandeuenergysecurity AT raphaelaleupuscek renewablespreferentialtradeagreementsandeuenergysecurity |
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