气候变化领域集成服务门户(CCPortal): Investment screening: Implications for the energy sector and energy security

CCPortal

DOI	10.1016/j.enpol.2020.111646
	Investment screening: Implications for the energy sector and energy security
	Rajavuori M.; Huhta K.
发表日期	2020
ISSN	03014215
卷号	144
英文摘要	The global flows of foreign investment are increasingly curtailed by tightening investment screening policies. Several states, including Australia, Germany, Japan and the United States, have recently updated their investment screening legislation to cover new industries, transactions and buyers in order to protect sectors deemed sensitive to national or public security. In this article, we analyze the implications of the evolving investment screening landscape for the energy sector. Based on the comparative appraisal of regulatory and administrative developments primarily in the United States and the European Union, we identify the most significant policy changes and their likely outcomes for the energy sector. By analyzing law, policy and individual screening decisions, we demonstrate how investment screening increasingly encroaches on new segments of the energy value chain and poses new challenges for international energy investments. Most importantly, the changing investment screening practices are likely to affect cross-border transactions in energy infrastructures, energy technologies and data-intensive technologies, including the digitalization of the energy sector and concerns over the protection of personal data. We further suggest that the new types of security issues addressed in investment screening legislation and policy push the boundaries of the traditional notions of energy security. © 2020 The Authors
关键词	Energy investment Energy security Foreign direct investment Investment screening National security
英文关键词	Energy policy; Energy security; International trade; Energy infrastructures; Energy investments; Energy technologies; European union; Foreign investment; Policy changes; Public security; Security issues; Investments; energy market; energy policy; financial policy; foreign direct investment; investment; legislation; Australia; Germany; Japan; United States
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204832
作者单位	University of Eastern Finland, Law School, Center for Climate Change, Energy and Environmental Law, P.O.Box 111, JOENSUU, FI-80101, Finland
推荐引用方式 GB/T 7714	Rajavuori M.,Huhta K.. Investment screening: Implications for the energy sector and energy security[J],2020,144.
APA	Rajavuori M.,&Huhta K..(2020).Investment screening: Implications for the energy sector and energy security.Energy Policy,144.
MLA	Rajavuori M.,et al."Investment screening: Implications for the energy sector and energy security".Energy Policy 144(2020).