Page 20 - R&KT Flipping Book - Issue 5, Dec 2016

Knowledge transfer forum

Issue FIve

Campaigning for Regulatory Transparency
He has recommended policy changes to improve the governance of
the electricity sector. Among them, he urges the Government to set
up a PUC as was done in 2008 by Alberta, Canada. “The concept of
a PUC that holds public hearings on a power company’s application
for a rate increase or a large investment is a significant departure
from the current process of closed-door negotiation between the
Hong Kong Government and the power companies,” he said.
Professor Woo will continue to campaign for regulatory
transparency and information disclosure, as legislatively mandated
by North American jurisdictions. “The success of my campaign,
however, will require the support from Hong Kong’s business
communities, government agencies, think tanks, public interest
groups, and members of the legislative council,” he said. Professor Woo receiving his award of Senior Fellow at the 2012 annual meeting of the
United States Association for Energy Economics

Professor Woo and his wife after their lunch in October 2015 with the graduate
students in his course: Regulation and Regulatory Governance

20 R & KT News