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Article: Introduction of Competition and Environmental Regulation in the Electricity Sector in Hong Kong

TitleIntroduction of Competition and Environmental Regulation in the Electricity Sector in Hong Kong
Authors
KeywordsCompetition
Environmental protection
Electricity sector
Hong Kong
Issue Date2014
PublisherKluwer Law International. The Journal's web site is located at http://www.kluwerlawonline.com/toc.php?pubcode=WOCO
Citation
World Competition: law and economics review, 2014, v. 37 n. 4, p. 569-600 How to Cite?
AbstractThis article explores both the competition and the environmental aspects of the electricity sector in Hong Kong, and a possible linkage between them. There has been considerable public pressure to liberalize the electricity sector in Hong Kong due to longstanding discontent with the persistently high profit of the sector and a regulatory structure that is widely perceived to be ineffective. In light of the government’s seeming reluctance to pursue liberalization, this article examines an alternative approach – litigation under the recently adopted Competition Ordinance. It assesses the likelihood of success of the strategy and its potential shortfalls. The article proceeds to analyse whether competition can be used as a tool to improve the environmental performance of the sector. It concludes that the effect of the introduction of competition is ambiguous if not adverse and therefore proactive regulatory intervention will be needed to ensure that environmental performance does not deteriorate following the introduction of competition. Competition will not be an effective tool to improve the environmental performance of the sector.
Persistent Identifierhttp://hdl.handle.net/10722/207596
ISSN
SSRN

 

DC FieldValueLanguage
dc.contributor.authorCheng, TKH-
dc.contributor.authorLin, J-
dc.date.accessioned2015-01-12T07:17:36Z-
dc.date.available2015-01-12T07:17:36Z-
dc.date.issued2014-
dc.identifier.citationWorld Competition: law and economics review, 2014, v. 37 n. 4, p. 569-600-
dc.identifier.issn1011-4548-
dc.identifier.urihttp://hdl.handle.net/10722/207596-
dc.description.abstractThis article explores both the competition and the environmental aspects of the electricity sector in Hong Kong, and a possible linkage between them. There has been considerable public pressure to liberalize the electricity sector in Hong Kong due to longstanding discontent with the persistently high profit of the sector and a regulatory structure that is widely perceived to be ineffective. In light of the government’s seeming reluctance to pursue liberalization, this article examines an alternative approach – litigation under the recently adopted Competition Ordinance. It assesses the likelihood of success of the strategy and its potential shortfalls. The article proceeds to analyse whether competition can be used as a tool to improve the environmental performance of the sector. It concludes that the effect of the introduction of competition is ambiguous if not adverse and therefore proactive regulatory intervention will be needed to ensure that environmental performance does not deteriorate following the introduction of competition. Competition will not be an effective tool to improve the environmental performance of the sector.-
dc.languageeng-
dc.publisherKluwer Law International. The Journal's web site is located at http://www.kluwerlawonline.com/toc.php?pubcode=WOCO-
dc.relation.ispartofWorld Competition: law and economics review-
dc.rightsCreative Commons: Attribution 3.0 Hong Kong License-
dc.subjectCompetition-
dc.subjectEnvironmental protection-
dc.subjectElectricity sector-
dc.subjectHong Kong-
dc.titleIntroduction of Competition and Environmental Regulation in the Electricity Sector in Hong Kongen_US
dc.typeArticleen_US
dc.identifier.emailCheng, TKH: tkhcheng@hku.hk-
dc.identifier.emailLin, J: jolene@hku.hk-
dc.description.naturepublished_or_final_version-
dc.identifier.hkuros246809-
dc.identifier.volume37-
dc.identifier.issue4-
dc.identifier.spage569-
dc.identifier.epage600-
dc.publisher.placeNetherlands-
dc.identifier.ssrn2544190-
dc.identifier.hkulrp2014/042-

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