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In 2022, the EU finds itself in the midst of an energy crisis due to the outbreak of the war between Russia and Ukraine and has to accelerate its path to energy independence. Part of the EU’s strategy is to double down on the transition to a renewable-intensive energy system. However, this has...
Persistent link: https://www.econbiz.de/10014256240
Paragraph 31(iii) of the Doha Ministerial Declaration mandates to the liberalization of environmental goods and services. This mandate offers a good opportunity to put climate-friendly goods and services on a fast track to liberalization. Agreement on this paragraph should represent one...
Persistent link: https://www.econbiz.de/10009376057
If bioenergy has a less negative impact on the climate than fossil energy, it may be optimal to have a significant increase in the use of bioenergy over time. Due to the difference in the way the climate is affected by the two types of energy, the future time path of the use of bioenergy may be...
Persistent link: https://www.econbiz.de/10011819398
There is general agreement that cost-effective environmental regulation uses market mechanisms, such as a tax or a cap-and-trade program, in order to leave choices about the least-cost ways of achieving policy goals to individual producers and consumers. A renewable electricity standard (RES) is...
Persistent link: https://www.econbiz.de/10014206329
Mobilizing private finance for renewable energy and energy efficiency is critical for the Association of Southeast Asian Nations (ASEAN) not only for the reduction of global temperature rise, but also for meeting fast growing energy demand. Two-thirds of green bonds issued in ASEAN countries...
Persistent link: https://www.econbiz.de/10012156374
In a parsimonious two-sector general equilibrium model, we challenge the widely-held tenet that within a cap-and-trade system renewable energy policies have no effect on carbon emissions. If the cap does not capture all sectors, we demonstrate that variations of a renewable energy subsidy change...
Persistent link: https://www.econbiz.de/10012957146
In what format and under what timeframe China would take on climate commitments is of significant relevance to China because it is facing great pressure both inside and outside international climate negotiations to exhibit greater ambition and is being confronted with the threats of trade...
Persistent link: https://www.econbiz.de/10008736680
At least ten Latin American and Caribbean countries have pledged to achieve carbon neutrality. Has electricity planning in the region evolved towards reaching these goals? We compare power generation capacity in 2023 to announced plans in 2019. We then estimate committed emissions from existing...
Persistent link: https://www.econbiz.de/10014546316
As an important step towards building a "harmonious society" through "scientific development", China has incorporated for the first time in its five-year economic plan an energy input indicator as a constraint. While it achieved a quadrupling of its GDP while cutting its energy intensity by...
Persistent link: https://www.econbiz.de/10008735768
As an important step towards building a “harmonious society” through “scientific development”, China has incorporated for the first time in its five-year economic plan an energy input indicator as a constraint. While it achieved a quadrupling of its GDP while cutting its energy intensity...
Persistent link: https://www.econbiz.de/10014045283