Development of green infrastructures (renewable energy plants and transmission networks) is urgently needed if significant reductions of greenhouse emissions are to be accomplished in the next few decades.But the huge financial investments required by these infrastructures will not be undertaken without a well-designed regulatory framework. This paper argues that barriers to the implementation of such a framework can best be understood by drawing analogies to the Law and Economics literature on anticommons. This analytic framework is employed to assess and criticize EU and US proposals to regulate planning and siting of green infrastructures.

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Development of green infrastructures (renewable energy plants and transmission networks) is urgently needed if significant reductions of greenhouse emissions are to be accomplished in the next few decades.But the huge financial investments required by these infrastructures will not be undertaken without a well-designed regulatory framework. This paper argues that barriers to the implementation of such a framework can best be understood by drawing analogies to the Law and Economics literature on anticommons. This analytic framework is employed to assess and criticize EU and US proposals to regulate planning and siting of green infrastructures.

No abstract