Regulating the water-energy-food nexus: Interdependencies, transaction costs and procedural justice
Shaun Larcom and
Terry van Gevelt
Environmental Science & Policy, 2017, vol. 72, issue C, 55-64
Abstract:
There have been calls for an overhaul of regulatory and governance frameworks to incorporate the implications of the water-energy-food nexus. We map one small component of the regulatory space of the nexus and highlight its immense complexity. We draw on insights from the economics and socio-legal literatures to show that a decentralised approach to regulation based upon procedural justice can enable the trade-offs of the nexus to be considered and addressed. We use a nexus case study of micro hydro-electricity generation in Dartmoor National Park in England to show that when we take into account interactions between state and non-state regulation, the economic concepts of interdependencies and transaction costs, and a recognition that regulation of the nexus is a process involving decisions of procedural justice, some existing regulatory frameworks are already well-equipped to deal with the implications of nexus analysis.
Keywords: Environmental regulation; Environmental justice; Water-energy-food nexus; Renewable energy (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enscpo:v:72:y:2017:i:c:p:55-64
DOI: 10.1016/j.envsci.2017.03.003
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