Download or read book Economic Studies on Energy Transition and Environmental Regulations written by Yuting Yang and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis investigates several topics regarding energy transition and environmental regulations, and each of the three chapters is a self-contained paper. It aims to contribute to the design of environmental regulations and to provide suggestions topolicy makers. The first chapter studies the optimal public safety provision under imperfect taxation. An important objective of many publicly-financed environmental projects is to reduce mortality. In this paper, we examine theoretically the effect of tax system imperfections on the optimal public investment in mortality risk reduction (or public safety).We compare three tax systems, namely first-best, uniform tax and income tax. Moreover, we consider several sources of imperfection, namely individuals' heterogeneity in wealth and in risk exposure, and labor supply distortion. We show that the effect of imperfect taxation critically depends on the source of imperfection as well as on the individual utility and survival probability functions. We conclude that imperfect taxation cannot generically justify less public safety. There is thus no fundamental reason to always adjust downwards the value of statistical life (VSL) because of imperfect taxation, nor to assume a marginal cost of public funds systematically greater than one for the benefit-cost analysis of environmental projects. The second chapter examines the environmental impact of electricity trade. Electricity interconnection has been recognized as a way to mitigate carbon emissions by dispatching more efficient electricity production and accommodating the growing share of renewables. We analyze the impact of electricity interconnection in the presence of intermittent renewables, such as wind and solar power, on renewable capacity and carbon emissions using a two-country model. We find that in the first-best, interconnection decreases investments in renewable capacity and exacerbates carbon emissions if the social cost of carbon (SCC) is low. Conversely, interconnection increases renewable capacity and reduces carbon emissions for a high SCC. Moreover, the intermittency of renewables generates an insurance gain from interconnection, which also implies that some renewable capacity is optimally curtailed in some states of nature when the SCC is high. The curtailment rate and the corresponding carbon emissions increase for more positively correlated intermittency. We calibrate the model using data from the European Union electricity market and simulate the outcome of expanding interconnection between Germany-Poland and France-Spain. We find that given the current level of SCC, the interconnection may increase carbon emissions. The net benefit of interconnection is positive, with uneven distribution across countries. The third chapter extends on the second chapter, to investigate the optimal unilateral carbon policy design for electricity trade with intermittent renewable energy. We consider policy instruments including a carbon tax, border adjustment tax, and renewable subsidies. In turn, we analyze the effect of such policies on market equilibrium prices, renewable investment, and global emissions. Using a two-country model of electricity trade, we characterize the conditions under which different combinations of policy instruments implement the optimal energy mix. We find that with a unilateral carbon tax, the border adjustment tax turns out to be effective only when renewables are producing. Moreover, renewables must be subsidized to be exported, in which case carbon emissions should be taxed more than the Pigouvian level to avoid excessive consumption.

Download or read book The Political Economy of Clean Energy Transitions written by Douglas Arent and published by Oxford University Press. This book was released on 2017 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: A volume on the political economy of clean energy transition in developed and developing regions, with a focus on the issues that different countries face as they transition from fossil fuels to lower carbon technologies.

Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press. This book was released on 2022-01-24 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy.

Download or read book Energy Transition Climate Change and COVID 19 written by Fateh Belaïd and published by Springer Nature. This book was released on 2021-12-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume analyzes the impacts of the COVID-19 pandemic on energy transition and climate change from an economic perspective. Since its emergence in early 2020, the COVID-19 pandemic has had a powerful effect on multiple facets of the global economy. The unknown scope and duration of the pandemic and its associated economic shocks have made energy security and the process of clean energy transition highly unpredictable. To combat this, this edited volume presents a wide range of theoretical and empirical research at the nexus of the COVID-19 pandemic and energy, resource, and environmental economics. Chapters focus on four major themes: the impact of crises on energy security, the role of resilient energy systems in society, the challenges of clean energy transition, and economic impacts of COVID-19 on climate change. Providing rigorous analysis of an evolving situation that will continue to impact the global energy market, this volume will be of interest to researchers and students of energy economics, environmental economics, and resource economics as well as policy professionals involved in climate change and energy transition.

Download or read book Beyond the Carbon Economy written by Don Zillman and published by OUP Oxford. This book was released on 2008-03-06 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present energy economy, with its heavy dependence on fossil fuels, is not sustainable over the medium to long term for many interconnected reasons. Climate change is now recognized as posing a serious threat. Energy and resource decisions involving the carbon fuels therefore play a large role in this threat. Fossil fuel reserves may also be running short and many of the major reserves are in politically unstable parts of the world. Yet citizens in nations with rapidly developing economies aspire to the benefits of the modern energy economy. China and India alone have 2.4 billion potential customers for cars, industries, and electrical services. Even so, more than half of the world's citizens still lack access to energy. Decisions involving fossil fuels are therefore a significant part of the development equation. This volume explains how the law can impede or advance the shift to a world energy picture significantly different from that which exists today. It first examines the factors that create the problems of the present carbon economy, including environmental concerns and development goals. It then provides international and regional legal perspectives, examining public international law, regional legal structures, the responses of international legal bodies, and the role of major international nongovernmental actors. The book then moves on to explore sectoral perspectives including the variety of renewable energy sources, new carbon fuels, nuclear power, demand controls, and energy efficiency. Finally, the authors examine how particular States are, could, or should, be adapting legally to the challenges of moving beyond the carbon economy.

Download or read book Energy Policy Advancement written by Dmitry Kurochkin and published by Springer Nature. This book was released on 2021-12-05 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book states that sustainable development has become an influential discourse worldwide. Climate change is not only an urgent problem, but it is also a fundamental spiritual question concerning social justice and sustainable peace development as well as solidarity among people of various religious backgrounds and different countries. Thus, this global problem must be faced and recognized for future actions and strategies. However, the politics of fear must be replaced with a culture of peace, hope, and compassion, and this urgent problem must be faced with an optimistic attitude and a certain degree of preparedness. Climate change is evident in many forms, such as, for example, the most obvious—recent weather fluctuations that happen around the world. Floods, droughts, and hurricanes are those visible signs of climate change. Human-caused climate change is projected to greatly impact marine, freshwater, and terrestrial life. Temperatures in Alaska and the Arctic have increased over the last 50 years at a rate more than twice as fast as the global average temperature. Poor people are vulnerable to man-made climate change and respond rapidly to its impacts. Diverse knowledge of and approaches to climate change help understand this growing problem; global average air temperature has increased in the recent past by approximately 1.0°C (1.8°F). According to the Climate Science Special Report, the last several years have been record-breaking, and the period of 1901–2016 is the warmest. Greenhouse gas (GHG) emissions are still rising, with damaging effects on the Earth’s climate. At the moment, the concentration of CO2 is higher than at any point in time—at least the past 800,000 years. However, carbon dioxide (CO2) is not the only GHG that impacts human-induced climate change.

Download or read book Energy Law and Economics written by Klaus Mathis and published by Springer. This book was released on 2018-04-19 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an edited volume for all readers who wish to gain an in-depth grasp of the economic analysis of recent developments in energy law and policy in Europe and the United States. In response to waning resources and heightened environmental awareness, many countries are now seeking to redefine their energy mix. Several energy sources are available: coal and oil, natural gas, and a variety of renewables. Yet which of them are capable of addressing core energy-related concerns? Reliability, security, affordability, fairness, and sustainability all have to be taken into account. Further, once a target mix has been identified, two challenges remain for legal scholars: what role does the law play in achieving a specified energy mix, and, how can the law best fulfill that role? The essential energy concerns are just as important in defining the way we shape our energy mix as they are in defining the mix itself. An example of current challenges in energy law and policy can be seen in the pursuit by the German and Swiss governments of the so-called “Energiewende” (energy transition). These policies are intended to enable the transition from a non-sustainable use of fossil and nuclear energy to a more sustainable approach based on renewable energies. On the one hand, the goal is to achieve a decarbonization of the energy economy by reducing the use of fossil energy sources such as petroleum, carbon and natural gas. On the other, and in response to the Fukushima nuclear accident, a phase out is intended to eliminate the dangers of nuclear technologies. Achieving these goals poses tremendous challenges for the two countries’ energy policies – partly because the energy transition will not only affect energy production, but also energy consumption. From a Law and Economics perspective, a number of questions arise: to what extent is it justifiable to rely on markets and continued technological innovation, especially with regard to the present exploitation of scarce resources? To what extent is it necessary for states to intervene in energy markets? Regulatory instruments are available to create and maintain more sustainable societies: command and control regulations, restraints, Pigovian taxes, emission certificates, nudging policies, and more. If regulation in a certain legal field is necessary, which policies and methods will most effectively spur the sustainable consumption and production of energy in order to protect the environment while mitigating any potential negative impacts on economic development? Do neoclassical and behavioural economics provide us with a suitable framework for predicting the market’s complex reactions to a changing energy policy? This book provides theoretical insights as well as empirical findings in order to answer these vital questions.

Download or read book Political Economies of Energy Transition written by Kathryn Hochstetler and published by Cambridge University Press. This book was released on 2020-11-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows that economic concerns about jobs, costs, and consumption, rather than climate change, are likely to drive energy transition in developing countries.

Download or read book From Economic to Energy Transition written by Matúš Mišík and published by Springer Nature. This book was released on 2020-09-28 with total page 628 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines energy transition issues within the Central and Eastern European (CEE) region. The European Union is aiming for an almost complete decarbonization of its energy sector by 2050. However, the path towards a carbon-free economy is full of challenges that must be solved by individual EU members. Across 18 chapters, leading researchers explore challenges related to energy transition and analyse individual EU members from Central and Eastern Europe, as well as the region as a whole. To further explore this complex issue, the volume also includes several countries from South East Europe in its analysis. As perspective members, these countries will be important contributors to the EU’s mid- and long-term climate and energy goals. The focus on a variety of issues connected to energy transition and systematic analyses of the different CEE countries make it an ideal reference for anyone with a general interest in the region or European energy transition. It will also be a useful resource for students looking for an accessible overview of the field.

Download or read book Evolutionary Economics and Environmental Policy written by Jeroen C. J. M. van den Bergh and published by Edward Elgar Publishing. This book was released on 2007-01-01 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers an evolutionary economics perspective on energy and innovation policies in the wider context of the transition to sustainable development. This work also includes an analysis of the environmental policy implications of evolutionary economics; and a critical examination of Dutch environmental and innovation policies and policy documents.

Download or read book Environmental and Energy Policy and the Economy written by Matthew J. Kotchen and published by University of Chicago Press Journals. This book was released on 2021-01-12 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents six new papers on environmental and energy economics and related policy issues. Robert Pindyck provides a systematic overview of what is known, and remains unknown, about climate change, along with the implications of uncertainty for climate policy. Shaikh Eskander, Sam Fankhauser, and Joana Setzer offer insights from a comprehensive data set on climate change legislation and litigation across all countries of the world over the past thirty years. Adele Morris, Noah Kaufman, and Siddhi Doshi shine a light on how expected trends in the coal industry will create significant challenges for the local public finance of coal-reliant communities. Joseph Aldy and his collaborators analyze the treatment of co-benefits in benefit-cost analyses of federal clean air regulations. Tatyana Deryugina and her co-authors report on the geographic and socioeconomic heterogeneity in the benefits of reducing particulate matter air pollution. Finally, Oliver Browne, Ludovica Gazze, and Michael Greenstone use detailed data on residential water consumption to evaluate the relative impacts of conservation policies based on prices, restrictions, and public persuasion.

Download or read book The Palgrave Handbook of Natural Gas and Global Energy Transitions written by Damilola S. Olawuyi and published by Springer Nature. This book was released on 2022-05-04 with total page 629 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Palgrave Handbook of Natural Gas and Global Energy Transitions provides an in-depth and authoritative examination of the transformative implications of the ongoing global energy transitions for natural gas markets across the world. With case studies from Africa, Asia, Europe, North America, Latin America, South America, Australia, and the Middle East, the volume introduces readers to the latest legal, policy, technological, and fiscal innovations in natural gas markets in response to ongoing global energy transitions. It outlines the risk mitigation strategies and contractual techniques — focusing on resilience planning, low-carbon business models, green procurement, climate-smart infrastructure development, accountability, gender justice, and other sustainability safeguards — that are required to maximize the full value of natural gas as a catalyst for a just and equitable energy transition and for energy security across the world. Written in an accessible style, this book outlines the guiding principles for a responsible and low-carbon approach to the design, financing, and implementation of natural gas development and commercialization. It is an indispensable text and reference work for students, scholars, practitioners, and stakeholders in natural gas, energy, infrastructure, and environmental investments and projects.

Download or read book The Palgrave Handbook of Managing Fossil Fuels and Energy Transitions written by Geoffrey Wood and published by Springer Nature. This book was released on 2019-11-12 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook is the first volume to comprehensively analyse and problem-solve how to manage the decline of fossil fuels as the world tackles climate change and shifts towards a low-carbon energy transition. The overall findings are straight-forward and unsurprising: although fossil fuels have powered the industrialisation of many nations and improved the lives of hundreds of millions of people, another century dominated by fossil fuels would be disastrous. Fossil fuels and associated greenhouse gas emissions must be reduced to a level that avoids rising temperatures and rising risks in support of a just and sustainable energy transition. Divided into four sections and 25 contributions from global leading experts, the chapters span a wide range of energy technologies and sources including fossil fuels, carbon mitigation options, renewables, low carbon energy, energy storage, electric vehicles and energy sectors (electricity, heat and transport). They cover varied legal jurisdictions and multiple governance approaches encompassing multi- and inter-disciplinary technological, environmental, social, economic, political, legal and policy perspectives with timely case studies from Africa, Asia, Australia, Europe, North America, South America and the Pacific. Providing an insightful contribution to the literature and a much-needed synthesis of the field as a whole, this book will have great appeal to decision makers, practitioners, students and scholars in the field of energy transition studies seeking a comprehensive understanding of the opportunities and challenges in managing the decline of fossil fuels.

Download or read book Managing the Transition to Renewable Energy written by Jeroen C. J. M. van den Bergh and published by Edward Elgar Publishing. This book was released on 2008-03-31 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited work studies the transition to renewable energy. It offers perspectives from a wide range of disciplines, addressing macro, regional and local scales. Important lessons are also drawn from historical transitions.

Download or read book Sustainable Energy Democracy and the Law written by Ruven Fleming and published by BRILL. This book was released on 2021-07-05 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Energy Democracy and the Law offers a legal account of the concept of sustainable energy democracy. The book explains what the concept means in a legal context and how it can be translated into concrete legal instruments.

Download or read book Green Economy and Renewable Energy Transitions for Sustainable Development written by Castanho, Rui Alexandre and published by IGI Global. This book was released on 2024-01-16 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fate of our planet hangs in the balance, making the pursuit of sustainable development more than a mere aspiration, it is an imperative. Green Economy and Renewable Energy Transitions for Sustainable Development delves deep into the intricate web of interconnections between the environment, green economies, and energy transitions, and lays down the intellectual foundation for a sustainable future. Drawing on the wisdom of experts in fields ranging from environmental science to policy analysis, this book unveils the multifaceted strategies needed to reduce pollution, conserve biodiversity, and effectively mitigate the relentless march of climate change. Central to sustainability is a green economy—a holistic economic system that transcends profit margins to prioritize social equity, ecological balance, and robust economic growth. Through rigorous exploration and analysis, this volume showcases how sustainable production and consumption practices and judicious investments in renewable energy sources can catalyze a transformative shift towards a more sustainable global economy. The energy transition, a substantial shift from fossil fuels to renewable energy sources, emerges as the linchpin of our battle against climate change. This book deciphers the intricate dance of policies, technologies, and behavioral changes required to usher in this transition. It reveals how renewable energy sources like solar, wind, and hydropower hold the key to reducing greenhouse gas emissions and staving off the catastrophic consequences of global warming. This monograph is an invaluable resource for policymakers, researchers, educators, and anyone who aspires to be a custodian of our planet's future.

Download or read book Reconciling Energy the Environment and Sustainable Development written by Maria João C. Pereira Rolim and published by Kluwer Law International B.V.. This book was released on 2019-08-13 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Challenged by sustainability imperatives, the world faces a transition in how it uses and produces energy. Yet, despite the indisputable interdependence between energy and the environment, law in these two areas has developed separately, with little consideration for how the logic and aims of each might be reconciled. This innovative book addresses this crucial nexus, exploring the role that law must inevitably play as the effects of fossil fuel–induced climate change continue to radically affect every aspect of life on Earth. Focusing on the emerging concept of reflexive regulation, the analysis takes giant steps in paving the way for effective legal engagement in the energy transition process. Issues and topics explored in detail include the following: energy’s distinctive characteristic as an economic activity that works in a chain; relation of physical aspects of energy to its legal and social dimensions; main aspects of regulation, environmental law and the concept of sustainability; specific security of supply challenges faced by the industry; and emergence and worldwide adoption of the environmental impact assessment as a procedural mechanism and its connection with Reflexive Regulation. The author supports her arguments with detailed and critical examination of the regulation theoretical framework and includes citations of case law, rules and regulations from diverse jurisdictions. A case study on the development of the Brazilian electricity sector – an exemplary case, considering the country’s abundance of natural energy resources, industrial efficiency prerogatives, regulatory incentives to ensure investment in supply expansion, and increasing demands in meeting sustainability objectives, all as highlighted by ongoing litigation – illustrates the arguments put forward. This book makes a substantial contribution to developing a framework aimed at linking potential divergent policy objectives in diverse and distinct interdependent fields. It will be welcomed by energy and environmental lawyers and policy makers, as well as by economists, scholars and other professionals concerned with the meaning of law and regulation in relation to energy, the environment and development, and the possible roles law and regulation may play in a pressing scenario of change.