Advertisement

Environmental Regulation and Growth: Impact on Sustainable Economic Growth

  • Jonathan Fisher
Chapter
Part of the Palgrave Studies in Environmental Policy and Regulation book series (PSEPR)

Abstract

There is considerable concern about the economic impacts of environmental regulations. Jonathan Fisher, former Environment Agency (EA) Economics Manager and now the Director of Jonathan Fisher Environmental Economics, reviews the available evidence on this subject. Section 2.2 presents estimates of the costs and benefits of environmental regulations. Section 2.3 reviews the available evidence on the impacts of environmental regulations on economic growth and competitiveness. Section 2.6 reviews current and recent developments of EU environmental regulations. Section 2.6.1 then examines the implications of Brexit for UK environmental regulations. Finally, Sect. 2.7 sets out some best practice principles to improve the impacts of environmental regulation on sustainable economic growth, innovation and technical change.

References

  1. Aldersgate Group. 2011. Dealing with Deficits: Best Value Regulation to Reduce Our Environmental and Financial Debts. Aldersgate Group, June.Google Scholar
  2. ———. 2012a. Greening the Economy: A Strategy for Growth, Jobs and Success. Aldersgate Group, June.Google Scholar
  3. ———. 2012b. Skills for a New Economy: A Paradigm Shift in Education and Learning to Ensure Future Economic Success. October.Google Scholar
  4. Ambec, Stefan, Mark A. Cohen, Stewart Elgie, and Paul Lanoie. The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness? SSRN Electronic Journal.Google Scholar
  5. Angling Trust. 2010. Government in the Dock over Illegal River Basin Plans. March 26. http://www.anglingtrust.net/news.asp?section=29&itemid=524
  6. Angus, A., Booth, C., Armstrong, G., & Pollard, S. J. T. (2013). Better evidence for regulatory reform: Rapid evidence appraisals. Contract report ERG117 prepared for the Department for Environment, Food and Rural Affairs (Defra) by the Centre for Environmental Risks and Futures, Cranfield University, Cranfield, Bedfordshire, UK, pp. 136 with appendices.Google Scholar
  7. Cabinet Office Better Regulation Task Force. 2012. Principles of Good Regulation. UK Government Web Archive.Google Scholar
  8. Department for Energy and Climate Change (DECC). 2012. Feed-in Tariffs Scheme: Consultation on Comprehensive Review Phase 2B: Tariffs for Non-PV Technologies and Scheme Administration Issues.Google Scholar
  9. Department for Environment Food and Rural Affairs (Defra). 2011. UK National Ecosystem Assessment: Understanding Nature’s Value to Society. 2 June 2011.Google Scholar
  10. Defra 2013. Smarter Environmental Regulation Review: Phase 1 Report: Guidance and Information Obligations. May 16.Google Scholar
  11. ———. 2015. Emerging Findings from Defra’s Regulation Assessment, First Update Covering 2012.Google Scholar
  12. Defra. 2014. UK National Ecosystem Assessment: Follow-on. http://uknea.unep-wcmc.org/Resources/tabid/82/Default.aspx
  13. Department for Business, Industry and Skills. 2016. Template for Post Implementation Review. http://uknea.unep-wcmc.org/Resources/tabid/82/Default.aspx
  14. Economist. 2016a. The Economist, May 28, p. 24.Google Scholar
  15. ———. 2016b. The Economist, October 8, pp. 27–29.Google Scholar
  16. Ederington, J., A. Levinson, and J. Minier. 2005. Footloose and Pollution-Free. Review of Economics and Statistics 87: 92–99.CrossRefGoogle Scholar
  17. Environment Agency. 2015a. A Consultation on the Draft Update to the River Basin Management Plan Part 3: Economic Analysis—Extended Report.Google Scholar
  18. ———. 2015b. Update to the River Basin Management Plans for England’s Water Environment. https://www.gov.uk/government/publications/river-basin-management-plans-impact-assessment
  19. European Commission. 2012. Europe Can Do Better: Best Practice for Reducing Administrative Burdens. European Commission, High Level Group of Independent Stakeholders on Administrative Burdens.Google Scholar
  20. ———. 2015. Environmental Expenditures in EU Industries Time Series Data for the Costs of Environmental Legislation for Selected Industries Over Time. Final Report by TME. Institute for Applied Environmental Economics, November. http://ec.europa.eu/environment/enveco/economics_policy/pdf/Costs%20of%20environmental%20legislation.pdf
  21. ———. 2016. Interinstitutional Agreement Between the European Parliament, the Council of the European Union and the European Commission on Better Law-Making. s.l.: s.n.Google Scholar
  22. Fisher, J.C.D. 2008. Challenges for Applying Cost-Benefit Analysis and Valuation of Environmental Benefits to Aid Environmental Decision-Making in Practice. Google Scholar
  23. ———. 2016. WFD and Brexit. Water Economics Forum Conference, organised by WRc. September.Google Scholar
  24. HM Government. 2012. Enabling the Transition to a Green Economy: Government and Business Working Together. Google Scholar
  25. HM Government. 2017. Building Our Industrial Strategy: Green Paper. January 2017. https://www.gov.uk/government/consultations/building-ourindustrial-strategy
  26. HM Treasury. 2015. Fixing the Foundations: Creating a More Prosperous Nation [Cm 9098]. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443897/Productivity_Plan_print.pdf
  27. Horton, B. 2016. The Potential Negative Impacts of Brexit for Water in the UK. Water Economics Forum Conference,organised by WRc. September.Google Scholar
  28. House of Commons Environment, Food and Rural Affairs Select Committee. 2003. Fourth Report. Examination of Witnesses Questions 320–339. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/443897/Productivity_Plan_print.pdf
  29. House of Commons Treasury Select Committee. 2011. Seventeenth Report: Private Finance Initiative. http://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/news/pfi-report/
  30. Institute for European Environmental Policy (IEEP). 2016a. The Potential Policy and Environmental Consequences for the UK of a Departure from the European Union. http://www.ieep.eu/assets/2016/IEEP_2016_Brexit_-_Implications_for_UK_Environmental_Policy_and_Regulations.pdf
  31. ———. 2016b. Brexit—The Implications for UK Environmental Policy and Regulation. A Special Independent Report Commissioned by the All-Party Parliamentary Environment Group. http://www.ieep.eu/assets/2016/IEEP_2016_Brexit_-_Implications_for_UK_Environmental_Policy_and_Regulations.pdf
  32. Mani, M., and D. Wheeler. 1998. In Search of Pollution Havens? Dirty Industry in the World Economy, 1960–1995. Journal of Environment and Development 7: 215–247.CrossRefGoogle Scholar
  33. May, T. 2016. CBI Annual Conference 2016: Prime Minister’s Speech. https://www.gov.uk/government/speeches/cbi-annual-conference-2016-prime-ministers-speech
  34. Morgenstern, R. 2016. The Real Costs and Benefits of Federal Regulations: Interview with Richard Morgenstern. Resources, No 191, Winter.Google Scholar
  35. Natural Capital Committee. 2014. The State of Natural Capital. Second Report to the Economic Affairs Committee. p. 56. https://www.gov.uk/government/speeches/cbi-annual-conference-2016-prime-ministers-speech
  36. Natural Environment Research Council (NERC). 2012. Most Wanted II: Post Graduate and Professional Skills Needs in the Environmental Sector. http://www.nerc.ac.uk/skills/postgrad/policy/skillsreview/
  37. Official Journal of the European Communities. 2000. Directive 2000/60/EC of the European Parliament and of the Council, of 23 October 2000, Establishing a Framework for Community Action in the Field of Water Policy. Google Scholar
  38. Official Journal of the European Union. 2008. DIRECTIVE 2008/1/EC of the European Parliament and the Council of 15 January 2008, Concerning Integrated Pollution Prevention and Control.Google Scholar
  39. Ofwat. 2014. Setting Price Controls for 2015–20: Overview. December 2014.Google Scholar
  40. ONS. 2015. UK Environmental Accounts: 2015.Google Scholar
  41. Pepsico. 2010. Water Stewardship: Good for Business. Good for Society. Google Scholar
  42. Porter, M., and C. van der Linde. 1995a. Green and Competitive. Harvard Business Review, September–October, 120–134.Google Scholar
  43. ———. 1995b. Toward a New Conception of the Environment-Competitiveness Relationship. Journal of Economic Perspective 9 (4): 97–118.CrossRefGoogle Scholar
  44. Rimmer, H. 2003. Cleaning Up Our Act; The Guardian 25 June 2003. https://www.theguardian.com/society/2003/jun/25/guardiansocietysupplement.water
  45. Sato, M. 2014. The Impacts of Environmental Regulations on Competitiveness. London: London School of Economics and Political Sciences.Google Scholar
  46. Shapps, G. 2016. Put Wealth and Jobs First. The Times, October 24.Google Scholar
  47. Tomkins, Jacob. 2016. Water and the Big Bangers, The EMA Magazine, pp. 10–11.Google Scholar
  48. Topping, S. 2016. Brexit—The Opportunities for the Water Sector. Water Economics Forum Conference, organised by WRc. September.Google Scholar
  49. Wagner, M. 2003. The Porter Hypothesis Revisited: A Literature Review of Theoretical Models and Empirical Tests. Lüneburg: Centre for Sustainability Management.Google Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Jonathan Fisher
    • 1
  1. 1.Jonathan Fisher Environmental EconomicsHatfieldUK

Personalised recommendations