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ORDER NOW!

March 2000/1 hardbound volume/511 pages
Price: $125 ($95 to Foundation members)
Order No. EEE
ISBN 0-929047-87-7

Energy Law and Policy for the 21st Century
by The Energy Law Group

Published by Rocky Mountain Mineral Law Foundation, Energy Law and Policy for the 21st Century was written by five professors who have practiced, taught, consulted, researched, and written in the field since energy law first took shape in the wake of the OPEC embargo and oil price increases of 1973.

The book’s objective is to provide a concise examination of energy law for the attorney or policy maker who is new to the field, with an emphasis on information rather than opinion. The authors provide fundamentals of energy law rather than the latest regulations or court decisions which can be easily obtained from other sources.

This 511-page hardbound book is divided into the following thirteen chapters:

Chapter One: An Introduction to Energy

I.

Perspectives on Energy

II.

Some History

III.

Energy Production and Consumption

IV.

The Energy Resources

V.

The Business of Energy


Chapter Two: Energy-Environmental Economics and Regulation

I.

Introduction

II.

The Regulatory Process

III.

The Life Cycle of Government Regulation

IV.

Economic Regulatory Goals

 

A.

Economics Defined

 

B.

Economic Assumptions

   

1.

Property

   

2.

Individual-Rational-Maximization

   

3.

The Market

 

C.

Market Operations

   

1.

Demand

   

2.

Supply

   

3.

Equilibrium

   

4.

Costs

   

5.

Marginal Revenue

   

6.

Firm Price and Industry Price

   

7.

Elasticity

   

8.

Exogenous Events

   

9.

Government Regulations

V.

Non-Economic Regulatory Goals

 

A.

Prohibited Trades

 

B.

Elimination of Price as the Basis of Trades

 

C.

Redistribute Wealth

 

D.

Promote Collective Values

VI.

Market Failures

 

A.

Control Monopoly Power

 

B.

Externalities

 

C.

Transaction and Information Costs

 

D.

Rent Control

 

E.

Excess Competition

 

F.

Unequal Bargaining

 

G.

Rationalization

 

H.

Moral Hazard

 

I.

Paternalism

 

J.

Scarcity

VII.

Regulatory Methods

 

A.

Price Controls

 

B.

Entry and Exit Controls

 

C.

Standard Setting

 

D.

Allocation

 

E.

Taxes and Other Economic Incentives

VIII.

Conclusion


Chapter Three: The Legal Framework

I.

Introduction

II.

The Constitutional Law of Energy

 

A.

The Commerce Clauses

 

B.

Congressional Power over the Federal Lands

 

C.

The Supremacy Clause

 

D.

Limitations on Federal Powers to Control the States

 

E.

The Protection of Private Rights Against Government Action: Due Process and Equal Protection

 

F.

The Protection of Private Rights Against Government Action: Takings of Property

III.

The Legislative Process

IV.

The Administrative Process


Chapter Four: International Law

I.

Introduction

II.

International Law

III.

Globalization and International Law

 

A.

Globalization Generally

 

B.

Globalization of Energy Sectors

   

1.

Expansion of Energy Fuel Cycles

   

2.

Global Economic and Environmental Concerns Affect Local Segments of the Energy Fuel Cycle

   

3.

The Increase in International Actors Involved in Energy Fuel Cycles

IV.

Sources and Evidences of International Law

 

A.

International Conventions or Treaties

 

B.

Customary International Law

   

1.

The General Practice of States

   

2.

The Acceptance of the Practice as Law

 

C.

General Principles of Law

 

D.

Judicial Decisions and The Writings of Scholars

 

E.

A Note on Hard Law and Soft Law

V.

The Relation Between International Law and Domestic Law