Fossil Fuel Subsidy Reform
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Fossil Fuel Subsidy Reform

An International Law Response

Vernon J.C. Rive

This much-needed book provides an empirically-grounded, and theoretically informed account of international law sources, mechanisms, initiatives and institutions which address and affect the practice of subsidising fossil fuel consumption and production. Drawing on recent scholarship on emerging international governance mechanisms, ‘informal’ international law-making and regime interaction, it offers suggestions, and critiques suggestions of others, for how the international law framework could be employed more effectively and appropriately to respond to environmentally and fiscally harmful fossil fuel subsidies.
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Chapter 9: Conclusions

Vernon J.C. Rive

Abstract

This chapter draws together much of the preceding discussion from the perspective of contemporary international law theories and analysis concerning fragmentation and regime interaction. Insights are highlighted on why state and non-state actors have been willing to expend significant political and diplomatic capital on curbing domestic fossil fuel subsidy policies which were formerly regarded as the sole prerogative of national governments as well as how the emerging frameworks for oversight of fossil fuel subsidies have been constructed, and are, or are not, operating. The chapter consider the implications of the fragmented/connected nature of international arrangements for fossil fuel subsidies, beginning with number of largely positive aspects of fragmentation and regime interaction concerning fossil fuel subsidies, before turning to potentially negative features. There is also a reflection on selected challenges, opportunities and innovations addressed in the book; addressing pitfalls best avoided, and offering suggestions for consideration by existing and future policy makers and academic researchers.

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