Climate Change And Energy Security The Dilemma Or Opportunity Of The Century

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Climate Change and Energy Security: The Dilemma Or Opportunity of the Century?

Author : Mr. Serhan Cevik
Publisher : International Monetary Fund
Page : 20 pages
File Size : 52,5 Mb
Release : 2022-09-09
Category : Business & Economics
ISBN : 9798400218347

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Climate Change and Energy Security: The Dilemma Or Opportunity of the Century? by Mr. Serhan Cevik Pdf

This paper investigates the connection between climate change and energy security in Europe and provides empirical evidence that these issues are the two faces of the same coin. Using a panel of 39 countries in Europe over the period 1980–2019, the empirical analysis presented in this paper indicates that increasing the share of nuclear, renewables, and other non-hydrocarbon energy and improving energy efficiency could lead to a significant reduction in carbon emissions and improve energy security throughout Europe. Accordingly, policies and reforms aimed at shifting away from hydrocarbons and increasing energy efficiency in distribution and consumption are key to mitigating climate change, reducing energy dependence, and minimizing exposure to energy price volatility.

Global Energy Dilemmas

Author : Mike Bradshaw
Publisher : Polity
Page : 243 pages
File Size : 41,5 Mb
Release : 2013-11-18
Category : Political Science
ISBN : 9780745650654

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Global Energy Dilemmas by Mike Bradshaw Pdf

Today’s global energy system faces two major challenges: how to secure the supply of reliable and affordable energy; and how to rapidly transform to a low-carbon, efficient and environmentally harmless energy supply. In this rigorous and illuminating book, Michael Bradshaw explores the key aspects of the current global energy dilemma and examines how it is playing out across the major regions and countries of the world. The book begins by charting the development of the current global energy system - exploring its key characteristics with a focus upon energy security and the relationship between energy, economic development and climate change. The next four chapters offer in-depth analyses of four distinct global energy dilemmas in different parts of the world: the challenge of sustaining affluence and decarbonising energy services in the high-energy economies of the developed world; the legacies of the centrally planned economy and the consequences of liberalisation in the post-socialist world; growing energy demand and emissions growth associated with the emerging regions; and finally, the quest to provide universal access to modern energy services in the developing world in a manner that is both economically and environmentally sustainable. Identifying the governance structures and policy options available to tackle the global energy dilemma, the book concludes that only an integrated approach - sensitive to regional issues - can reconcile the interests and needs of those facing differing energy challenges across the world today.

The Energy Security Dilemma

Author : David Bernell,Christopher A. Simon
Publisher : Routledge
Page : 232 pages
File Size : 43,5 Mb
Release : 2016-04-14
Category : Political Science
ISBN : 9781136731655

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The Energy Security Dilemma by David Bernell,Christopher A. Simon Pdf

This book analyzes the energy security of the United States – its ability to obtain reliable, affordable, and sufficient supplies of energy while meeting the goals of achieving environmental sustainability and protecting national security. The economic and national security of the United States is largely dependent upon fossil fuels, especially oil. Without significant changes to current practices and patterns of energy production and use, the domestic and global impacts – security, economic, and environmental – are expected to become worse over the coming decades. Growing US and global energy demands need to be met and the anticipated impacts of climate change must be avoided – all at an affordable price, while avoiding conflict with other nations that have similar goals. Bernell and Simon examine the current and prospective landscape of American energy policy, from tax incentives and mandates at the federal and state level to promote wind and solar power, to support for fracking in the oil and natural gas industries, to foreign policies designed to ensure that markets and cooperative agreements — not armies, navies and rival governments — control the supply and price of energy resources. They look at the variety of energy related challenges facing the United States and argue that public policies designed to enhance energy security have at the same time produced greater insecurity in terms of fostering rising (and potentially unmet) energy needs, national security threats, economic vulnerability, and environmental dangers.

Climate Change and Global Energy Security

Author : Marilyn A. Brown,Benjamin K. Sovacool
Publisher : MIT Press
Page : 427 pages
File Size : 51,9 Mb
Release : 2011-08-12
Category : Science
ISBN : 9780262516310

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Climate Change and Global Energy Security by Marilyn A. Brown,Benjamin K. Sovacool Pdf

An exploration of commercially available technologies that can enhance energy security and address climate change and public policy options crucial to their adoption. Tackling climate change and improving energy security are two of the twenty-first century's greatest challenges. In this book, Marilyn Brown and Benjamin Sovacool offer detailed assessments of the most advanced commercially available technologies for strengthening global energy security, mitigating the effects of climate change, and enhancing resilience through adaptation and geo-engineering. They also evaluate the barriers to the deployment of these technologies and critically review public policy options crucial to their adoption. Arguing that society has all the technologies necessary for the task, Brown and Sovacool discuss an array of options available today, including high-efficiency transportation, renewable energy, carbon sequestration, and demand-side management. They offer eight case studies from around the world that document successful approaches to reducing emissions of greenhouse gases and improving energy security. These include the Danish approach to energy policy and wind power, Brazil's ethanol program, China's improved cookstove program; and the U.S. Toxics Release Inventory. Brown and Sovacool argue that meeting the twin challenges of climate change and energy security will allow us to provide energy, maintain economic growth, and preserve the natural environment—without forcing tradeoffs among them.

Energy Policy and Security Under Climate Change

Author : Filippos Proedrou
Publisher : Unknown
Page : 206 pages
File Size : 50,6 Mb
Release : 2018
Category : Energy policy
ISBN : 3319771655

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Energy Policy and Security Under Climate Change by Filippos Proedrou Pdf

'A very topical contribution that integrates mainstream energy and ecological economics literature to establish a novel energy policy framework. The author not only showcases the merits of a steady-state energy policy for climate change mitigation and energy security, but also masterfully navigates through the implications of such a shift for world politics and the global society in the 21st century. This book is invaluable for energy and International Relations scholars and policy-makers alike. --Christos A. Frangonikolopoulos, Aristotle University, Greece This book analyses the trilemma between growth, energy security and climate change mitigation and, breaking from scholarly orthodoxy, challenges the imperative that growth must always come first. It sets forth the argument that a steady-state approach is a more appropriate conceptual mindset to enable energy transition, sets out a steady-state energy policy, and assesses the projected outcomes of its implementation in the realms of energy security, geopolitics and development. By exploring in depth the implications of such a shift, the book aims to demonstrate its positive effects on sustainability, supply security and affordability; to showcase the more favorable geopolitics of renewable energy; and to unpack new pathways towards development. By bringing together ecological economics and mainstream energy politics, fresh insight to energy and climate policy is provided, alongside their broader geopolitical and developmental ramifications. Filippos Proedrou is Research Fellow in Social Policy (International Affairs) at the University of South Wales, UK. His areas of expertise are energy policy and security, geopolitics, EU studies, Russian foreign policy and ecological economics. He has published extensively in these fields.

Climate Change and Global Energy Security

Author : Marilyn A. Brown
Publisher : Unknown
Page : 128 pages
File Size : 40,6 Mb
Release : 2014
Category : Electronic
ISBN : OCLC:1308957806

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Climate Change and Global Energy Security by Marilyn A. Brown Pdf

Tackling climate change and improving energy security are two of the twenty-first century's greatest challenges. In this book, Marilyn Brown and Benjamin Sovacool offer detailed assessments of the most advanced commercially available technologies for strengthening global energy security, mitigating the effects of climate change, and enhancing resilience through adaptation and geo-engineering. They also evaluate the barriers to the deployment of these technologies and critically review public policy options crucial to their adoption.Arguing that society has all the technologies necessary for the task, Brown and Sovacool discuss an array of options available today, including high-efficiency transportation, renewable energy, carbon sequestration, and demand-side management. They offer eight case studies from around the world that document successful approaches to reducing emissions of greenhouse gases and improving energy security. These include the Danish approach to energy policy and wind power, Brazil's ethanol program, China's improved cookstove program; and the U.S. Toxics Release Inventory. Brown and Sovacool argue that meeting the twin challenges of climate change and energy security will allow us to provide energy, maintain economic growth, and preserve the natural environment - without forcing tradeoffs among them.

A US Strategy for Sustainable Energy Security

Author : David Koranyi
Publisher : Unknown
Page : 40 pages
File Size : 48,6 Mb
Release : 2016-03-04
Category : Carbon dioxide mitigation
ISBN : 1619779536

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A US Strategy for Sustainable Energy Security by David Koranyi Pdf

The national energy system of the United States is aging and has to be renewed in a dynamic fashion to adapt to the transformative changes in the world of energy. Failure to do so will result in substantial economic disadvantage and national security vulnerabilities, and risk the United States' position as the leading global power in the twenty-first century. The need for modernization represents a unique opportunity to upgrade the United States to a cutting edge system of energy hardware and software. Moreover, climate change is a severe threat to the United States and an existential one to much of the rest of humanity. Climate change represents an ever growing, direct risk to the American people as extreme weather events wreak havoc, rising sea levels engulf coastal cities, and natural beauties and wildlife habitats degrade. The second paper in the Atlantic Council Strategy Paper series, A US Strategy for Sustainable Energy Security, advocates energy policies which focus on preventing the catastrophic consequences of climate change by accelerating the modernization of its energy sector without creating major disruptions to the American lifestyle. The three-pillar strategy’s first pillar builds upon the United States’ unparalleled richness in both human and natural potential. At the center of this pillar is the accelerated decarbonization of the US economy, based primarily on a well-calibrated and progressively increasing carbon fee. The second pillar ensures that the United States leads on global climate action and addresses the energy insecurity of key allies. Sustained US leadership is essential to uphold and bolster an international consensus and action on climate change post-Paris COP21, and to prevent countries from turning back. Excessive dependence on external energy supplies from a single source may endanger the ability of allies to conduct an independent foreign policy that is both in their national and in the allied interest. Therefore, the United States must strive to do everything in its capacity to assist allies and partners in the quest to improve their energy security. The United States should also work with key allies and international institutions to deal with the instability associated with the transformation of the energy sector and its impact on major traditional producers. The third pillar pushes for energy liberalization to enable better functioning domestic and global markets and aims to build a functioning international energy governance system. The United States should work toward a global web of networks, alliances, and instruments to promote transparent and efficient energy markets and effective climate action. This strategy may seem ambitious in light of the political realities in the United States today. Yet, as support for climate action and energy sector modernization in the American electorate grows, and associated costs of action shrink at the back of economies of scale and technological development, there is an emerging political space that allows for bold, bipartisan policies. This paper seeks to inform the debate in the 2016 election season and the legislative and executive action beyond"--Publisher's description.

Energy Security and Climate Policy

Author : International Energy Agency
Publisher : OECD Publishing
Page : 160 pages
File Size : 47,6 Mb
Release : 2007
Category : Business & Economics
ISBN : UOM:39015069219064

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Energy Security and Climate Policy by International Energy Agency Pdf

World energy demand is surging. Oil, coal and natural gas still meet most global energy needs, creating serious implications for the environment. One result is that CO 2 emissions, the principal cause of global warming, are rising. This study underlines the close link between efforts to ensure energy security and those to mitigate climate change. Decisions on one side affect the other. The book presents a framework to assess interactions between energy security and climate change policies, combining qualitative and quantitative analyses. The quantitative analysis is based on the development of energy security indicators, tracking the evolution of policy concerns linked to energy resource concentration. The indicators are applied to a reference scenario and CO 2 policy cases for five case-study countries: The Czech Republic, France, Italy, the Netherlands, and the United Kingdom.. -->

Energy Security and The Green Transition

Author : Jaden Kim,Augustus J Panton,Gregor Schwerhoff
Publisher : International Monetary Fund
Page : 34 pages
File Size : 46,7 Mb
Release : 2024-01-12
Category : Business & Economics
ISBN : 9798400263743

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Energy Security and The Green Transition by Jaden Kim,Augustus J Panton,Gregor Schwerhoff Pdf

The current energy crisis has raised important policy questions on how to strengthen short-term energy security while remaining firmly committed to the green transition, a challenge amplified by the recent consensus at COP28 to transition away from fossil fuels. This paper examines the historical determinants of the security of energy supply and analyzes the green transition implications for energy security. Looking back, we find that the diversification of energy trade partners, or the lack thereof, was the main factor that underpinned energy security dynamics within and across countries over the last two decades. Looking ahead, the green transition is expected to have a net positive effect on energy security provided investments are aligned to address new challenges posed by the increased reliance on renewables.

Principles of International Energy Transition Law

Author : Frédéric G. Sourgens,Leonardo Sempertegui
Publisher : Oxford University Press
Page : 401 pages
File Size : 55,9 Mb
Release : 2023-10-19
Category : Law
ISBN : 9780198876144

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Principles of International Energy Transition Law by Frédéric G. Sourgens,Leonardo Sempertegui Pdf

Energy transition is a complex global problem, with governance and policies cutting across multiple legal silos including human rights, environment, international economics, finance, energy, law of the sea, and transnational commerce. As of yet, there is no comprehensive treatment of the legal principles governing energy transition as a whole. Furthermore, energy transition must solve a trilemma that pits energy equity (the need to provide access to energy needed to fuel human development) and energy security (the need to provide resilient and reliable energy systems) against environmental sustainability. Without a comprehensive understanding of these issues, law and policy-makers risk exacerbating rather than resolving the underlying problems. Principles of International Energy Transition Law introduces the energy transition problem by situating the climate emergency in its broader energy and development context, showing how global energy value chains are deeply enmeshed in and drive global economic and human development. It combines the different legal perspectives in one consistent analysis by outlining their interactions and showing how they can be reconciled. The book discusses thirty-two international legal principles governing different aspects of the energy transition trilemma's three parts. It then uses a commons governance perspective to propose a holistic approach to applying and balancing these different parts and their different legal principles. Highlighted sections summarise the most important concepts and ideas for easy reference, making the title particularly accessible for students and policy-makers as well as law practitioners.

Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood

Author : Mr. Serhan Cevik,Mr. Nadeem Ilahi,Mr. Krzysztof Krogulski,Ms. Grace B Li,Sabiha Mohona,Yueshu Zhao
Publisher : International Monetary Fund
Page : 39 pages
File Size : 41,9 Mb
Release : 2023-12
Category : Business & Economics
ISBN : 9798400259401

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Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood by Mr. Serhan Cevik,Mr. Nadeem Ilahi,Mr. Krzysztof Krogulski,Ms. Grace B Li,Sabiha Mohona,Yueshu Zhao Pdf

EU’s neighborhood countries (EUN) have lagged the EU on emissions mitigation; coal-heavy power generation and industrial sectors are a key factor. They have also trailed EU countries in emissions mitigation policies since 2000, with little use of market-based instruments, and they still have substantial fossil fuel subsidies. Increasingly stringent EU mitigation policies are asociated with lower emissions in EUN. Overall output effects of the CBAM, in its current form, would be limited, though exports and emissions-intensive industries could be heavily impacted. A unilaterally adopted economywide carbon tax of $75 per ton would significantly lower emissions by 2030, with minimal consequences for output or household welfare, though a safety net for the affected workers may be necessary. To become competitive today by attracting green FDI and technology, overcoming infrastructure constraints and integrating into EU’s supply chains, EUN countries would be well served to front load decarbonization, rather than postpone it for later.

Reaching (Beyond) the Frontier: Energy Efficiency in Europe

Author : Mr. Serhan Cevik,Kelly Gao
Publisher : International Monetary Fund
Page : 19 pages
File Size : 40,5 Mb
Release : 2023-09-22
Category : Business & Economics
ISBN : 9798400255540

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Reaching (Beyond) the Frontier: Energy Efficiency in Europe by Mr. Serhan Cevik,Kelly Gao Pdf

The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe—and beyond—still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by increasing energy efficiency, along with changing the energy mix from fossil fuels to renewables. In this paper, we assess energy efficiency (or intensity) in a panel of 38 European countries over the period 1980–2021 by using the stochastic frontier analysis and obtain statistically significant and intuitive results. We have two key findings. First, price signals, including through the introduction of a carbon tax and the removal of fossil fuel subsidies, are critical for energy efficiency, as consumers respond to changes in energy prices. Second, stronger environmental policies and institutions generate unambiguous improvements in energy efficiency by inducing investment in energy efficient equipment and buildings and nudging consumers for energy conservation. These results—robust to alternative specifications and methods—have important policy implications for green growth with higher energy efficiency.

Republic of Lithuania

Author : International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 76 pages
File Size : 52,9 Mb
Release : 2023-09-05
Category : Business & Economics
ISBN : 9798400254048

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Republic of Lithuania by International Monetary Fund. European Dept. Pdf

The strong post-pandemic recovery led to demand driven inflationary pressures. Supply side bottlenecks and large increases in commodity prices after Russia’s invasion of Ukraine compounded these pressures and resulted in high and persistent inflation. The negative impact on disposable income, higher interest rates and weaker external demand have led to a deterioration of economic activity. If high inflation becomes entrenched, it will erode competitiveness and slow the successful convergence process. The financial system has ample liquidity and capital buffers to address the weakening economic cycle. Higher interest rates have boosted banks’ profitability, but they also bring significant risks.

Chasing the Sun and Catching the Wind: Energy Transition and Electricity Prices in Europe

Author : Mr. Serhan Cevik,Keitaro Ninomiya
Publisher : International Monetary Fund
Page : 22 pages
File Size : 43,5 Mb
Release : 2022-11-04
Category : Business & Economics
ISBN : 9798400224362

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Chasing the Sun and Catching the Wind: Energy Transition and Electricity Prices in Europe by Mr. Serhan Cevik,Keitaro Ninomiya Pdf

European power markets are in the midst of unprecedented changes, with a record-breaking surge in energy prices.This paper investigates the impact of green power resources on the level and volatility of wholesale electricity prices at a granular level, using monthly observations for a panel of 24 European countries over the period 2014–2021 and alternative estimation methods including a panel quantile regression approach. We find that renewable energy is associated with a significant reduction in wholesale electricity prices in Europe, with an average impact of 0.6 percent for each 1 percentage points increase in renewable share. We also find evidence for a nonlinear effect—that is, higher the share of renewables, the greater its effect on electricity prices. On the other hand, while quantile estimation results are mixed with regards to the impact of renewables on the volatility of electricity prices, we obtain evidence that renewable energy has a negative effect on volatility at the highest quantiles. Overall, our analysis indicates that policy reforms can help accelerate the green transition while minimizing the volatility in electricity prices.

Risk and Resilience in the Era of Climate Change

Author : Vinod Thomas
Publisher : Springer Nature
Page : 220 pages
File Size : 50,9 Mb
Release : 2023-03-14
Category : Social Science
ISBN : 9789811986215

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Risk and Resilience in the Era of Climate Change by Vinod Thomas Pdf

This book presents essential insights on the interaction between rising risks and raising the bar for resilience during the climate crisis. Its timeliness lies in applying important findings on risk and resilience to runaway climate change. When risk and resilience are brought together in the context of climate catastrophes, three key messages emerge. The first is that accounting for the root causes of these calamities, and not just their symptoms, is essential to slowing the spike in these events. It is therefore vital to link carbon emissions from human activity to the sharp rise in climate disasters globally. The second is that growth economics and policy must factor in the failure of governments and businesses to tackle spillover harm from economic activities, as seen dramatically with global warming. With climate risks rising, this calls for a fundamental revision in the teaching and practice of business and economics. And third, prevention must become a far bigger part of resilience building, with greater preparedness for more intense destruction built into interventions. This emphasis on prevention deems disaster recovery as not just returning to how things were but building back better.