SUSTAINABLE ENERGY

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WASHINGTON COLLEGE OF LAW

2007

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1 EDITORS’NOTE by Kelly Rain and Maria Vanko

2 OVERVIEW: INTERSECTION OF CLIMATE SECURITYWITH ENERGY PRODUCTION AND

CONSUMPTION by Vickie Patton

4 EMERGING STANDARDS FOR SUSTAINABLE FINANCE OF THE ENERGY SECTOR by Kirk

Herbertson and David Hunter

10 RACE TO THE TOP: THE EXPANDING ROLE OF U.S. STATE RENEWABLE PORTFOLIO

STANDARDS by Barry Rabe

17 BUILDING STOCK OFFERS OPPORTUNITIES TO FOSTER SUSTAINABILITY AND

PROVIDES TOOLS FOR CLIMATE CHANGE MITIGATION AND ADAPTATION by Edna Sussman

22 FUELING THE FUTURE: A POLICY-BASED COMPARISON OF ALTERNATIVE AUTOMOTIVE

FUEL SOURCES by Chris Stefan

26 CONSTRUCTION OF A FOOL’S PARADISE: ETHANOL SUBSIDIES IN AMERICA by John A.

Sautter, Laura Furrey, and R. Lee Gresham

31 STATUS CHECK: ASSESSING INTERIOR’S IMPLEMENTATION OF THE ENERGY POLICY

ACT OF 2005 by Peter J. Schaumberg and William N. Sinclair

38 REGULATION OF GAS UTILITIES: AT ODDS WITH CONSERVATION by Edward L. Flippen

41 THE CLEAN DEVELOPMENT MECHANISM: CONSIDERATIONS FOR INVESTORS AND

POLICYMAKERS by Craig A. Hart

48 TRANSACTION COSTS OF THE EU EMISSIONS TRADING SCHEME IN GERMAN

COMPANIES by Frieder Frasch

53 MERGING ENVIRONMENTAL AND ENERGY SUSTAINABILITYWITH OPPORTUNITIES FOR

U.S. CORPORATIONS by Longmire Harrison

58 THE DEVELOPMENT OF BIOFUELSWITHIN THE CONTEXT OF THE GLOBALWATER CRISIS

by Sara Hughes, Lena Partzsch, and Joanne Gaskell