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[en] About the measures advocated by the High Committee of public health are: to lower the current values of 400 Bq.m3 and 1000 Bq.m3 to an unique value of 300 Bq.m3 for existing buildings and areas open to public. Interventions should be practised as emergency for areas where the rates are over 1000 Bq.m3; It advocates to consider this value of 300 Bq.m3 as a step towards a long term objective of 100 Bq.m3; For new housing it advocates to define a target under 300 Bq.m3; to extend the policy of radon risk management to overseas departments; to include financial incentives to carry out work; in any transaction, must be made obligatory risk information, carried out measurements; to provide traceability of these measurements by the creation of a national database. (N.C.)
[en] This study offers Organization of Petroleum Exporting Countries (OPEC) member nations a crude oil pricing currency basket based on currency liquidity, in contrast with prior emphasis on OPEC trading patterns. Motivating the search for an alternative US dollar pricing of crude oil is the significant and inverse relationship (r=-0.82, p<0.01) between the US dollar major currencies index and crude oil price over the period January 1999-March 2009. A dynamically weighted petro-dollar currency basket is proposed based on the five currency claims (US dollar, Euro, British pound, Japanese yen and Swiss franc) and their varying proportions of foreign exchange reserves held by central banks. The major currencies US dollar index is compared against the proposed petro-dollar index to reveal an average US$8.1 billion annual gain in favor of the petro-dollar currency basket, offering OPEC members a revenue stream of diversified and highly liquid currencies to transition away from complete dependence on the US dollar crude oil pricing. The proposed petro-dollar crude oil pricing schema offers OPEC a crude oil price dynamically denominated in currencies reflecting the global use and importance of crude oil. This paper concludes with implementation issues facing a move toward the dynamically weighted petro-dollar crude oil pricing schema.
[en] Development is the enlargement of people's choices. Optimal subsidy policy is intended to create the right incentives for each of the value chain participants. This paper contends that the interest subsidy offered by the Indian federal Ministry of New and Renewable Energy for solar thermal systems, through mainstream banking channels is superior in intent and outcome compared to the capital subsidy as currently offered for solar PV systems, routed through government controlled delivery channels. The interest subsidy enhances innovation, improves service delivery and expands the range of product available to consumers enjoying a wide range of endowments, thus leading to more inclusive development. The simple monopoly model developed by Atkinson [Atkinson AB. Capabilities, exclusion and the supply of goods. In: Basu K, Pattanaik P, Suzumura K, editor, Choice, Welfare and Development. Oxford University Press; 1995] is applied to the context of solar home systems to demonstrate price reduction and choice expansion in a liberalized market, facilitated by an interest subsidy scheme. (author)
[en] Many suppliers are offering tariffs for export. However, many of the tariffs on offer deliver a value that is higher than the underlying commercial value of the electricity to the supplier. In most cases suppliers do not currently register the export within the industry's settlement arrangements and so gain no value from the export they have purchased. It is clear from this that the current situation is unlikely to be sustainable and suppliers will not be able to offer significant payment for a product that has little commercial value to them when the numbers of exporting microgenerators increases. Initiatives to simplify and streamline the existing trading arrangements should be progressed; this should include simplification of processes for registering new export customers and improvements in the provision of new export meters. Suppliers should initiate the change management procedures required to progress Option 1 (allowing suppliers to register a customer's export and import under a single registration (a single MPAN)) through the industry's normal change management procedures. Ofgem should ensure that its review of the Structure of Distribution charges includes the treatment of DUoS charges for customers with microgeneration and ensure that they properly reflect the benefits of microgeneration. Any changes that are progressed should not prevent the subsequent introduction of 'smart meters' that could process both import and export electricity data. Ofgem should ensure that the cost effectiveness of including both an import and export capability in all new metering systems is assessed as part of the metering innovation agenda. Suppliers should make the prices they are offering for export more widely available in a simple and easy to understand form. Government should consider whether additional intervention is required to yield a higher value for exported electricity (or total generation) via mechanisms such as those contemplated under Option 3 (The supplier/tariff support mechanism) or other enhancements to the Energy Efficiency Commitment. (UK)
[en] With respect to using renewable sources of energy for transportation, two major events have occurred a year part: the signing in December 2007 by President Bush of the Energy Independence and Security Act, and the energy and climate agreement between the European Parliament and European Council, including a directive on boosting renewable sources of energy. The French policy concerning biofuels is consistent with sustainable development: this policy will allow an important reduction of greenhouse gas release, the creation of jobs in rural areas and will reinforce the energy independency of the country
[en] William Hogan introduced financial transmission rights as a tool to hedge the locational risk inherent in locational marginal prices. FTRs are claimed to serve four main purposes: (1) provide a hedge for nodal price differences, (2) provide revenue sufficiency for contracts for differences, (3) distribute the merchandizing surplus an RTO accrues in market operations, and (4) provide a price signal for transmission and generation developers. This paper examines the hedging and redistributional properties of FTRs. It argues that FTR allocation has important distributional impacts and related implications for retail rates. This observation adds an additional explanation for rate increases in light of decreased production costs due to restructuring. This paper also shows that RTO practices have important implications for the hedging characteristics of FTRs. It further shows, via counterexample, that, even in theory, FTRs may not serve as a perfect hedge against congestion charges. The paper concludes with a series of recommendations for FTR allocation and the functions that FTRs should serve.
[en] The Environmental Investment Allowance (MIA), the Random Depreciation of Environmental Investments (VAMIL) and green investments entail fiscal costs that need ex-post evaluation based on the regulations of the RPE (ministerial regulation on performance measurement and evaluation). The aim of the evaluation was to describe the effectiveness of the policy instruments and their implementation. In addition to this basic objective a secondary objective was to provide insight in the expenditure of the means and to list improvement options. [mk]
[nl]De Milieu-investeringsaftrek (MIA), de Willekeurige Afschrijving Milieu-investeringen (Vamil) en Groen Beleggen betreffen belastinguitgaven, die op basis van de regels van de RPE (Regeling Prestatiegegevens en Evaluatieonderzoek Rijksoverheid) ex-post dienen te worden geevalueerd. Het doel van de evaluatie was om de effectiviteit (doeltreffendheid) van de beleidsinstrumenten en de efficientie (doelmatigheid) van de maatregelen zelf en van hun uitvoering te beschrijven. In aanvulling op deze basisdoelstellingen is als nevendoelstellingen voor deze evaluatie gekozen om inzicht te verschaffen in de besteding van de middelen en om verbeteringsopties te inventariseren
[en] The purpose behind building the industrial energy demand model was to enable assessment of the impact of potential policy options and to forecast future energy demand under various assumptions, including the impact of the possible removal of energy subsidies in accordance with the World Trade Organization (WTO) agreement. The results of the model, based on three scenarios, underline several important issues: With nominal energy prices staying the same (the status quo) and with inflation and economic growth continuing to expand (i.e. baseline scenario), it is expected that industrial demand will grow. In this sector, energy consumption is projected to grow at an annual growth rate of about 3.5 per cent throughout the forecast period. In the moderate scenario, however, this drops to 1.9 per cent and when all energy subsidies are removed as in the case of the extreme scenario, the energy consumption is projected to grow by only 1.5 per cent annually throughout the same period. Moreover, with regards to inter-fuel substitution, the model forecast indicates that electricity and natural gas consumption will decline, while the consumption of oil products will increase in all scenarios. The results of the model also indicate that the changing price structure of energy resources should be done in a comprehensive manner. In other words, electricity prices should be adjusted upwards instantly with the adjustment of oil products' prices and natural gas otherwise, a massive inter-fuel substitution will occur within the various consuming industries. (author)
[en] This essay addresses the central question how environmental taxation can play a role in realizing a sustainable economy in the coming decades.
[nl]In dit essay staat de vraag centraal op welke wijze milieubelastingen een rol kunnen spelen in het realiseren van een duurzame economie in de komende decennia.