Achieving Environmental Goals in a Competitive Electricity Market?: Post-Colonial Hong Kong, Public Choice and the Role of Government

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Title Achieving Environmental Goals in a Competitive Electricity Market?: Post-Colonial Hong Kong, Public Choice and the Role of Government
Author Lo, Alex
Journal Name Energy & Environment
Year Published 2008
Place of publication United Kingdom
Publisher Multi-Science Publishing
Abstract This paper critically assesses the discourse of electricity market liberalization in Hong Kong, China and makes policy recommendations from an environmental perspective. For both economic and environmental reasons, local advocates urge for an immediate opening of the electricity market currently monopolized by two private companies. Their neglect of the fact that a competitive green power market is a function of adequate public support in the form of market demand may place the environmental agenda at a disadvantage. Given that environmental issues are yet a dominant concern in this growth-oriented economy, a new facilitative role of the government is of particular importance to prevent the market from being dominated by short-term, rational economic behaviours. Mild changes with an emphasis of a transformation in the roles of different players, which the government is hesitant to initiate, are suggested.
Peer Reviewed Yes
Published Yes
Alternative URI http://dx.doi.org/10.1260/095830508786238297
Copyright Statement Copyright 2008 Multi-Science Publishing Co. Ltd. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
Volume 19
Issue Number 7
Page from 959
Page to 978
ISSN 0958-305X
Date Accessioned 2012-02-16
Language en_US
Research Centre Urban Research Program
Faculty Faculty of Science, Environment, Engineering and Technology
Subject Environment Policy
URI http://hdl.handle.net/10072/43258
Publication Type Journal Articles (Refereed Article)
Publication Type Code c1x

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