Finance Policy for Renewable Energy and a Sustainable Environment

"This book explains how environmental projects and improvements are achieved through the imposition of regulations, on the one hand, and financial incentives on the other. It discusses how those incentives can be organized to achieve the greatest environmental benefits at the lowest possible cost to the public. The book presents the best environmental finance policies to bear on the financing of alternative energy projects so that the ultimate cost of delivered power will decline. It also examines the challenges of the next generation of environmental programs"--

List of contents

Paying for the Fix. The 23 Principles of Environmental Finance. The 2 Core Principles of Environmental Finance. Policy Principles of Environmental Finance. Management Principles of Environmental Finance. Revenue Raising Principles for Environmental Finance. Sources of Revenue for Environmental Finance Programs. Financial Principles of Environmental Finance. Financial Mechanics. Comparing Financing Alternatives. Hidden and Not-So-Hidden Cost Factors. Impact of Term on Annual Debt Service Payment. Grants and Affordability. The Role of Equity. The Curse of Subsidies. Leverage: The Power of Guaranties. Cost/Benefit Analyses. Credit Enhancement. Tariffs. Climate Change and Renewable Energy. Cap-and-Trade Programs. Driving Down Costs. Appendix: Countries with Non-Investment-Grade Ratings on Their Sovereign Debt.

About the author

Michael Curley is currently a visiting scholar at the Environmental Law Institute in Washington, DC. He founded the Environmental Finance Centers at the University of Maryland, Cleveland State University, and the Maxwell School at Syracuse University. He served as a senior lecturer at the Johns Hopkins University, and he was also an adjunct professor of banking and finance at New York University. He has also taught environmental law and finance at the Vermont Law School. In 1990, he was appointed to the Environmental Financial Advisory Board (EFAB) at the EPA, where he served for 21 years under four US Presidents.

Product details

• Authors: Michael Curley, Michael (Environmental Law Institute Curley
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 18.03.2014
• EAN: 9781439894194
• ISBN: 978-1-4398-9419-4
• No. of pages: 258
• Series: Energy and Environment; Energy and Environment
• Subjects: Natural sciences, medicine, IT, technology > Biology > Ecology; Social sciences, law, business > Business > General, dictionaries; Nature / Environmental Conservation & Protection, Economics, BUSINESS & ECONOMICS / Finance / General, TECHNOLOGY & ENGINEERING / Environmental / General, environmental science, engineering & technology, Finance & accounting, Alternative & renewable energy sources & technology, Environmental science, engineering and technology, Alternative and renewable energy sources and technology, Finance and accounting