ENV382H1 Lecture Notes - Lecture 5: Net Metering, Sustainable Energy, Jumpstart Our Business Startups Act
6 Apr 2016
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First exports of lng from us shiptment in south america major target market is europe, this is a big geopolitical story (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) Govt only intervene if group cannot handle it on its own. Individuals take responsibility for themselves or they lose capacity to make good judgements (cid:1) Centralization concentrates power which can be abused if no proper checks and balances (cid:1) Can lead to inefficient resource allocation due to competition in not only the economic sense, closely related to the idea of freedom (cid:1) Freedoms are limited only in certain ways necessary to keep a civilized society (cid:1) (cid:1) Can be used to understand the diff boundaries eg garbage collection not a federal responsibility, can be done at a much more local level (cid:1) (cid:1) Purpose of treaty to limit infringement of national sovereignty. In energy we have competition where possible and regulation where necessary" (cid:1) (cid:1) (cid:1) (cid:1) (cid:1) (cid:1)
