Regulatory Frameworks for Renewables-based Trade and Investment program
This program focusses on law and policy to support expansion of resilient and sustainable Indo-Pacific supply chains based on renewable energy. Key topics include certification, embedded emissions accounting, international green industrial policy, and investment treaties.
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International trade and investment have a crucial role to play in decarbonizing the Indo-Pacific. Rapid development and expansion of supply chains based on renewable energy is essential and will need to be supported by enlightened trade, investment and green industrial policy. Trade-related climate policies such as certification schemes, embedded emissions accounting systems and preferential liberalisation of environmental goods are key. Meanwhile some traditional trade and investment rules, especially investment treaties, will need to be reformed to ensure they are supportive of a rapid, efficient and fair energy transition.
Project team
Convenor
- Associate professor Emma Aisbett
ZCEAP fellow
- Dr Lee White
ANU research team contributors
- Dr Hina Aslam
- Emeritus professor Kenneth Baldwin
- Associate professor Fiona Beck
- Professor Paul Burke
- Dr Thang Do
- Professor Christian Downie
- Dr Reza Fazeli
- Professor Llewelyn Hughes
- Professor Frank Jotzo
- Associate professor John Pye
Other contributors
- Chell Lyons - Department of Industry, Science and Resources
- David Gourlay - Department of Industry, Science and Resources
- Penelope Howarth - Department of Foreign Affairs and Trade
- Alison Reeve - Department of Industry, Science and Resources
- Bruce Jones - Department of Foreign Affairs and Trade
- Wyatt Raynal - The Australian National University
- Oscar Pearce - The Australian National University
Journal articles
- Lee V. White, Emma Aisbett, Oscar Pearce, Wenting Cheng, Principles for embedded emissions accounting to support trade-related climate policy, Climate Policy, (May 2024)
- Emma Aisbett, Wyatt Raynal, Ralf Steinhauser, Bruce Jones, International Green Economy Collaborations: chasing mutual gains in the energy transition, Energy Research and Social Science, Volume 104, 103249, (August 2023)
- Wenting Cheng, The green investment principles: from a nodal governance perspective, International Environmental Agreements: Politics, Law and Economics, (March 2023)
- Christian Downie, Geopolitical leverage in the energy transition: A framework for analysis and the case of Australian electricity exports, Energy Research & Social Science, Volume 93 (November 2022)
- Alison Reeve, Emma Aisbett, National accounting systems as a foundation for embedded emissions accounting in trade-related climate policies, Journal of Cleaner Production, Volume 371 (August 2022)
- Emma Aisbett, Wyatt Raynal, Bruce Jones, International Green Economy Collaborations, Energy Proceedings, Volume 25: Accelerated Energy Innovations and Emerging Technologies (July 2022)
- Paul Burke, Fiona Beck, Emma Aisbett, Kenneth Baldwin, Matthew Stocks, John Pye, Mahesh Venkataraman, Janet Hunt, Xuemei Bai, Contributing to regional decarbonization: Australia’s potential to supply zero-carbon commodities to the Asia-Pacific. Energy, Volume 248, 123563 (June 2022)
- Mahesh Venkataraman, Zsuzsanna Csereklyei, Emma Aisbett, Alireza Rahbari, Frank Jotzo, Michael Lord, John Pye, Zero-carbon steel production: The opportunities and role for Australia, Energy Policy, Volume 163 (April 2022)
- Wenting Cheng, Intellectual Property and International Clean Technology Diffusion: Pathways and Prospects, Asian Journal of International Law (March 2022)
- Emma Aisbett, Jonathan Bonnitcha, A Pareto-Improving Compensation Rule for Investment Treaties, Journal of International Economic Law, Volume 24, Issue 1, March 2021, Pages 181–202
- Bonnitcha, J., & Aisbett, E. (2021). Against Balancing: Revisiting the Use/Regulation Distinction to Reform Liability and Compensation under Investment Treaties. Michigan Journal of International Law, 42(2), 231-290.
- Lee V. White, Reza Fazeli, Wenting Cheng, Emma Aisbett, Fiona J. Beck, Kenneth GH Baldwin, Penelope Howarth, Lily O'Neill, Towards emissions certification systems for international trade in hydrogen: the policy challenge of defining boundaries for emissions accounting, Energy, Volume 215 (Part A), 119139 (January 2021)
- Emma Aisbett, Magdalene Silberberger, Tariff liberalization and product standards: Regulatory chill and race to the bottom?, Regulation & Governance, 15(3), 987-1006 (2020)
Short articles
- Lee V. White, Emma Aisbett, Oscar Pearce, Wenting Cheng, Eight principles to design certification for embedded emissions in major export products, ANU Policy Brief (May 2024)
- Hina Aslam, Emma Aisbett, Why embedded emissions accounting is key to unleashing the power of circularity, World Economic Forum Agenda Blog, (September 2023)
- Wenting Cheng, International Clean Technology Diffusion: Pathways and Prospects, South Centre, (November 2022)
- Emma Aisbett, Conclusion: Hydrogen Certification in Australia, Germany and Japan, Periscope Paper Series Volume 7 / 2021
- Emma Aisbett, Certification to prevent leakage upstream, in Close the Carbon Loophole, Voices, One Earth, Volume 4, Issue 5, 21 May 2021, Pages 587-590
- Frank Jotzo, Russia’s war will hasten the drive for clean energy security, Lowy Interpreter, (March 2022)
- Thang Nam Do, Vietnam's Environmental Challenges risk EU free trade, East Asia Forum, (July 2020)
Submissions
- Lee White, Emma Aisbett, Kenneth Baldwin, Reza Fazeli and Fiona Beck submitted a response to Australia’s Guarantee of Origin Scheme Design, (October 2023)
- Lee White, Lorrae McArthur, Alireza Rahbari, Jorrit Gosens, Fiona Beck, Kenneth Baldwin, Emma Aisbett, Brad Riley and Reza Fazeli, submitted response to Department of Jobs, Tourism, Science and Innovation on Western Australia’s Renewable Hydrogen Strategy Refresh: Stakeholder Consultation Paper 2023, (October 2023)
- Fiona J. Beck, Lee White, Lorrae McArthur, Wenting Cheng, Brad Riley, Emma Aisbett, (August 2023)
- Fiona J. Beck, Lee White, Lorrae McArthur, Wenting Cheng, Brad Riley, Emma Aisbett, Kenneth Baldwin, Reza Fazeli, Alireza Rabhari, (August 2023)
- Emma Aisbett, Kenneth Baldwin, Wenting Cheng, Reza Fazeli, Frank Jotzo, Chell Lyons, Yuan Peng, Lee White, Submission to the Australia-Singapore Green Economy Agreement, (November 2022)
- Emma Aisbett, Submission to the OECD Public Consultation on Investment Treaties and Climate Change, (April 2022)
- Australian Department of Foreign Affairs and Trade's Review of Australia's Bilateral Investment Treaties (September 2020)
- Emma Aisbett, Fiona Beck, John Pye, Llewelyn Hughes, Lily O'Neill, Matthew Stocks, Presentation to Joint Standing Committee on Trade and Investment Growth, Parliament House (August 2020)
- Emma Aisbett, Ken Baldwin, Fiona Beck, Llewelyn Hughes, Penelope Howarth, John Pye, Submission to the Joint Standing Committee on Trade and Investment Growth (August 2020)
- Emma Aisbett, Fiona Beck, Wenting Cheng, Penelope Howarth, Llewelyn Hughes, Frank Jotzo, Thomas Longden, John Pye, Elizabeth Ratnam, Igor Skryabin, Matt Stocks and Lee White, Ken Baldwin, Submission to Technology Investment Roadmap (July 2020)
- Emma Aisbett, Paul Burke, David Gourlay, Warwick McKibbin, Fiona Beck, Llewelyn Hughes, Frank Jotzo, Robin Purchase, Mahesh Venkataraman, James Prest, Bec Colvin, Katherine Daniell, Will Grant, Catherine Gross, Paul Wrywoll, Ken Baldwin, Submission to National Hydrogen Strategy Issues Papers (July 2019)
- Fiona Beck, Tory Bridges, Paul Burke, Kylie Catchpole, Llewelyn Hughes, Frank Jotzo, Yun Liu, James Prest, John Pye, Igor Skryabin, Matthew Stocks, Robin Purchase, Mahesh Venkataraman, Submission to National Hydrogen Strategy Discussion Paper (March 2019)
Commissioned reports
- Emma Aisbett, Wenting Cheng, Iain MacGill (UNSW), & Lee White, Produced for the German-Australian HySupply Project, (August 2022)
- Emma Aisbett, Wenting Cheng, Reza Fezali, Scoping Study on New and Emerging Environmental Goods, Produced for APEC in collaboration with RMIT and ArticleThree.
Working papers
- Lee White, Emma Aisbett, Oscar Pearce, Wenting Cheng, (ZCWP 02-24)
- Christopher Jackson, Emma Aisbett, (ZCWP 01-24)
- Emma Aisbett, Wyatt Raynal, Bruce Jones, (ZCWP 01-23)
- Emma Aisbett, Wenting Cheng, Fiona Beck, (2021), (ZCWP01-21)
- Emma Aisbett, James Prest, Grace Soutter, Jinnie Widnyana (2019), (ZCWP01-19)
Books
- Lee V. White, David Gourlay, Emma Aisbett, Chapter 1.2 - Potential market failures inhibiting the development of a green hydrogen export industry in the book, Towards Hydrogen Infrastructure: Advances and Challenges in Preparing for the Hydrogen Economy, Elsevier, ISBN 9780323955539, 2023
- Emma Aisbett contributed to the terms - Green Protectionism, Green Industrial Policy, Green Trade Policy, Trade-related climate policy, Trade liberalization in the book, Dictionary of Ecological Economics: Terms for the New Millennium, Edward Elgar Publishing, 2023
Policy briefs
- Lee White, Emma Aisbett, and Jinnie Widnyana, (October 2023)