Understanding Risks and Uncertainties in Energy and Climate Policy

Understanding Risks and Uncertainties in Energy and Climate Policy

Author: Haris Doukas

Publisher: Springer

Published: 2018-12-10

Total Pages: 271

ISBN-13: 3030031527

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This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.


Biojet Fuel in Aviation Applications

Biojet Fuel in Aviation Applications

Author: Cheng Tung Chong

Publisher: Elsevier

Published: 2021-06-27

Total Pages: 360

ISBN-13: 012823072X

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Biojet fuels have the potential to make an important contribution towards decarbonising the aviation sector. Biojet Fuel in Aviation Applications: Production, Usage and Impact of Biofuels covers all aspects of this sustainable aviation fuel including aviation biofuel public policies, production technologies, physico-chemical properties, combustion performances, techno-economics of sustainable fuel production, sustainability and energywater-food (EWF) nexus. This must-have book also charts the current state of the industry by discussing the relevant industry players who are currently producing alternative aviation fuels and flight tests, while also providing a glimpse of the future of the industry. This comprehensive book is written for undergraduate students, postgraduate students, researchers, engineers and policy makers wanting to build up knowledge in the specific area of biojet fuel or the broader fields of sustainable energy and aeronautics. - Reviews major aviation and biojet fuel policies, legislations, initiatives and roadmaps around the world - Features existing and emerging biojet fuel production pathways from various feedstocks - Highlights the key properties of biojet fuels that ensures inter-operability with conventional jet aviation fuel - Discusses the economic aspects of the biojet fuel industry and the barriers preventing its commercialisation - Examines the sustainability of biojet fuel from a life cycle assessment, energy balance and EWF nexus point of views


Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Author: Signe Krogstrup

Publisher: International Monetary Fund

Published: 2019-09-04

Total Pages: 58

ISBN-13: 1513511955

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Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.


Managing the Transition to a Low-Carbon Economy

Managing the Transition to a Low-Carbon Economy

Author: Bindu N. Lohani

Publisher: Brookings Institution Press

Published: 2016-03-08

Total Pages: 416

ISBN-13: 4899740581

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Asia must be at the center of the global fight against climate change. It is the world’s most populous region, with high economic growth, a rising share of global greenhouse gas emissions, and the most vulnerability to climate risks. Its current resource- and emission-intensive growth pattern is not sustainable. This study recognizes low-carbon green growth as an imperative—not an option—for developing Asia. Asia has already started to move toward low-carbon green growth. Many emerging economies have started to use sustainable development to bring competitiveness to their industries and to serve growing green technology markets. The aim of this study is to share the experiences of emerging Asian economies and the lessons learned. The book assesses the low-carbon and green policies and practices taken by Asian countries, identifies gaps, and examines new opportunities for low-carbon green growth.


100% Renewable Energy Transition

100% Renewable Energy Transition

Author: Claudia Kemfert

Publisher: MDPI

Published: 2020-01-23

Total Pages: 356

ISBN-13: 3039280341

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Energy markets are already undergoing considerable transitions to accommodate new (renewable) energy forms, new (decentral) energy players, and new system requirements, e.g. flexibility and resilience. Traditional energy markets for fossil fuels are therefore under pressure, while not-yet-mature (renewable) energy markets are emerging. As a consequence, investments in large-scale and capital intensive (traditional) energy production projects are surrounded by high uncertainty, and are difficult to hedge by private entities. Traditional energy production companies are transforming into energy service suppliers and companies aggregating numerous potential market players are emerging, while regulation and system management are playing an increasing role. To address these increasing uncertainties and complexities, economic analysis, forecasting, modeling and investment assessment require fresh approaches and views. Novel research is thus required to simulate multiple actor interplays and idiosyncratic behavior. The required approaches cannot deal only with energy supply, but need to include active demand and cover systemic aspects. Energy market transitions challenge policy-making. Market coordination failure, the removal of barriers hindering restructuring and the combination of market signals with command-and-control policy measures are some of the new aims of policies. The aim of this Special Issue is to collect research papers that address the above issues using novel methods from any adequate perspective, including economic analysis, modeling of systems, behavioral forecasting, and policy assessment. The issue will include, but is not be limited to: Local control schemes and algorithms for distributed generation systems Centralized and decentralized sustainable energy management strategies Communication architectures, protocols and properties of practical applications Topologies of distributed generation systems improving flexibility, efficiency and power quality Practical issues in the control design and implementation of distributed generation systems Energy transition studies for optimized pathway options aiming for high levels of sustainability


Climate Change 2014

Climate Change 2014

Author: Groupe d'experts intergouvernemental sur l'évolution du climat

Publisher:

Published: 2015

Total Pages: 151

ISBN-13: 9789291691432

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Transitions to Alternative Vehicles and Fuels

Transitions to Alternative Vehicles and Fuels

Author: National Research Council

Publisher: National Academies Press

Published: 2013-04-14

Total Pages: 395

ISBN-13: 0309268524

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For a century, almost all light-duty vehicles (LDVs) have been powered by internal combustion engines operating on petroleum fuels. Energy security concerns about petroleum imports and the effect of greenhouse gas (GHG) emissions on global climate are driving interest in alternatives. Transitions to Alternative Vehicles and Fuels assesses the potential for reducing petroleum consumption and GHG emissions by 80 percent across the U.S. LDV fleet by 2050, relative to 2005. This report examines the current capability and estimated future performance and costs for each vehicle type and non-petroleum-based fuel technology as options that could significantly contribute to these goals. By analyzing scenarios that combine various fuel and vehicle pathways, the report also identifies barriers to implementation of these technologies and suggests policies to achieve the desired reductions. Several scenarios are promising, but strong, and effective policies such as research and development, subsidies, energy taxes, or regulations will be necessary to overcome barriers, such as cost and consumer choice.


Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues

Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues

Author: Mr. Dimitri G Demekas

Publisher: International Monetary Fund

Published: 2021-12-17

Total Pages: 45

ISBN-13: 1616356529

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There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated. Their diagnostic and policy toolkits are still in their infancy. They cannot (and should not) expand their mandate unilaterally. Taking on these new responsibilities can also have potential pitfalls and unintended consequences. Ultimately, financial regulators cannot deliver a low-carbon economy by themselves and should not risk being caught again in the role of ‘the only game in town.’


Decarbonizing Development

Decarbonizing Development

Author: Marianne Fay

Publisher: World Bank Publications

Published: 2015-06-09

Total Pages: 185

ISBN-13: 1464806063

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The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. This must be done by 2100 if we are to keep climate change anywhere near the 2oC warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development: Three Steps to a Zero-Carbon Future looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries' broader development goals. Here is what needs to be done: -Act early with an eye on the end-goal. To best achieve a given reduction in emissions in 2030 depends on whether this is the final target or a step towards zero net emissions. -Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors. Carbon pricing is necessary for an efficient transition toward decarbonization. It is an efficient way to raise revenue, which can be used to support poverty reduction or reduce other taxes. Policymakers need to adopt measures that trigger the required changes in investment patterns, behaviors, and technologies - and if carbon pricing is temporarily impossible, use these measures as a substitute. -Mind the political economy and smooth the transition for those who stand to be most affected. Reforms live or die based on the political economy. A climate policy package must be attractive to a majority of voters and avoid impacts that appear unfair or are concentrated on a region, sector or community. Reforms have to smooth the transition for those who stand to be affected, by protecting vulnerable people but also sometimes compensating powerful lobbies.