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'Regulation as a spur to technology innovation in natural resources'?
Tom will discuss 4 case studies:
1. Water The Milwaukee cryptosporidium outbreak in 1993 rewrote the rules for drinking water treatment in the US, and created the opportunity for innovative ultrafiltration membranes to breakthrough into the mainstream.
2. Energy European 'feed-in' tariffs have dramatically increased the penetration of renewable power.
3. Waste The European WEEE (waste electrical and electronic equipment) directive has spurred technology growth in remanufacturing and recommence (sister industries to recycling).
4. Agriculture The EU's Plant Protection Products Regulation has made 74% of all commercial pesticides illegal and thereby boosted the bio-pesticide technology sector significantly.
Tom will also analyse areas where regulation is likely to create opportunities in the near future (i.e. over the next two to four years). New water laws in China and India are prompting some interesting, if so far inconclusive, technology developments. Further, he will assess the problems caused to regulators (particularly in the US) by technologies so compelling that they are prompting regulatory change. For example, new drone technology.
In 1980, Sir Roy Goode decided to create an environment where practising commercial lawyers and those from academia could meet and exchange ideas. His vision was that by bringing together these different perspectives, we would create better outcomes. And so the Centre for Commercial Law Studies (CCLS) was born.
It’s an innovation that continues to bear results in teaching and research. One example is the Centre’s research on cloud computing being undertaken by its Institute of Computer and Communications Law – a rigorous academic undertaking, funded by industry to address a systemic challenge that has far-reaching consequences for providers of cloud services, as well as their users, whether individual, corporate or public sector.
By bringing academia and practice together, CCLS has become a world leader in commercial law research. Proof positive that a diversity of ideas fosters academic excellence and helps us achieve the previously unthinkable.
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