The Macroeconomics Of Decarbonisation

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The Macroeconomics of Decarbonisation

Grégory Claeys,Marie Le Mouel,Simone Tagliapietra,Guntram B. Wolff,Georg Zachmann
The Macroeconomics of Decarbonisation Book PDF

Author : Grégory Claeys,Marie Le Mouel,Simone Tagliapietra,Guntram B. Wolff,Georg Zachmann
Publisher : Cambridge University Press
Page : 347 pages
File Size : 52,6 Mb
Release : 2024-02-08
Category : Business & Economics
ISBN : 9781009438384

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The Macroeconomics of Decarbonisation by Grégory Claeys,Marie Le Mouel,Simone Tagliapietra,Guntram B. Wolff,Georg Zachmann Pdf

Decarbonisation is the reduction of carbon dioxide emissions using low carbon power sources, lowering output of greenhouse gasses into the atmosphere. This is essential to meet global temperature standards set by international climate agreements. To limit global warming to 1.5°C, hence avoiding the worst-case scenarios predicted by climate science, the world economy must rapidly reduce its emissions and reach climate neutrality within the next three decades. This will not be an easy journey. Shifting away from carbon-intensive production will require a historic transformation of the structure of our economies. Written by a team of academics linked to the European think tank Bruegel, The Macroeconomics of Decarbonisation provides a guide to the macroeconomic fundamentals of decarbonisation. It identifies the major economic transformations, both over the long- and short-run, and the roadblocks requiring policy intervention. It proposes a macroeconomic policy agenda for decarbonisation to achieve the climate goals of the international community.

The Distributional Effects of Climate Policies

ZACHMANN. GUSTAV GEORG (FREDRIKSSON. GREGORY, CLAEYS.),Fredriksson Gustav,Claeys Grégory
The Distributional Effects of Climate Policies Book PDF

Author : ZACHMANN. GUSTAV GEORG (FREDRIKSSON. GREGORY, CLAEYS.),Fredriksson Gustav,Claeys Grégory
Publisher : Unknown
Page : 112 pages
File Size : 53,8 Mb
Release : 2018-12-20
Category : Science
ISBN : 907891047X

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The Distributional Effects of Climate Policies by ZACHMANN. GUSTAV GEORG (FREDRIKSSON. GREGORY, CLAEYS.),Fredriksson Gustav,Claeys Grégory Pdf

Policymakers will not accept forceful decarbonisation policies if they lead to visibly increasing inequality within their societies. The distributive effects of climate policies need to be addressed. This report provides a selective review of recent academic literature and experience on the distributional effects of climate policies.

Finance and the Macroeconomics of Environmental Policies

P. Arestis,M. Sawyer
Finance and the Macroeconomics of Environmental Policies Book PDF

Author : P. Arestis,M. Sawyer
Publisher : Springer
Page : 320 pages
File Size : 48,5 Mb
Release : 2015-01-29
Category : Business & Economics
ISBN : 9781137446138

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Finance and the Macroeconomics of Environmental Policies by P. Arestis,M. Sawyer Pdf

This volume examines current and previous environmental policies, and suggests alternative strategies for the future. Addressing resource depletion and climate change are pressing priorities for modern economies. Planning energy infrastructure projects is complicated by uncertainty, as such clear government policies have a crucial role to play.

Planetary Economics

Michael Grubb,Jean Charles Hourcade,Karsten Neuhoff
Planetary Economics Book PDF

Author : Michael Grubb,Jean Charles Hourcade,Karsten Neuhoff
Publisher : Unknown
Page : 520 pages
File Size : 45,5 Mb
Release : 2014
Category : Political Science
ISBN : 0415518822

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Planetary Economics by Michael Grubb,Jean Charles Hourcade,Karsten Neuhoff Pdf

How well do our assumptions about the global challenges of energy, environment and economic development fit the facts? Energy prices have varied hugely between countries and over time, yet the share of national income spent on energy has remained surprisingly constant. The foundational theories of economic growth account for only about half the growth observed in practice. Despite escalating warnings for more than two decades about the planetary risks of rising greenhouse gas emissions, most governments have seemed powerless to change course. Planetary Economics shows the surprising links between these seemingly unconnected facts. It argues that tackling the energy and environmental problems of the 21st Century requires three different domains of decision-making to be recognised and connected. Each domain involves different theoretical foundations, draws on different areas of evidence, and implies different policies. The book shows that the transformation of energy systems involves all three domains - and each is equally important. From them flow three pillars of policy – three quite distinct kinds of actions that need to be taken, which rest on fundamentally different principles. Any pillar on its own will fail. Only by understanding all three, and fitting them together, do we have any hope of changing course. And if we do, the oft-assumed conflict between economy and the environment dissolves – with potential for benefits to both. Planetary Economics charts how.

A Green Industrial Policy for Europe

Simone Tagliapietra,Reinhilde Veugelers
A Green Industrial Policy for Europe Book PDF

Author : Simone Tagliapietra,Reinhilde Veugelers
Publisher : Unknown
Page : 102 pages
File Size : 52,7 Mb
Release : 2020-12-17
Category : Electronic
ISBN : 907891050X

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A Green Industrial Policy for Europe by Simone Tagliapietra,Reinhilde Veugelers Pdf

The European Green Deal aims to make Europe the first climate-neutral continent by 2050. This is not going to be an easy journey. To be successful, the European Green Deal will have to foster major shifts in the European industrial structure, including transitions from fossil fuels to renewable energy and from combustion engine cars to electric cars. Shifting economies from brown to green would be a major, historic socio-economic transformation. In this context of broad, paradigmatic, change for European industry, a 'green industrial policy' will be fundamental to Europe's climate change ambitions. But what is green industrial policy? What market failures must it address? Unlike traditional industrial policy, green industrial policy must be directed to twin goals of climate protection and social welfare. Green industrial policy initiatives in the European Union so far, however, have been piecemeal and fragmented. This Blueprint examines how past mistakes can be avoided and how the EU can develop a coherent green industrial policy that will serve the goals of the European Green Deal.

Public Banks

Thomas Marois
Public Banks Book PDF

Author : Thomas Marois
Publisher : Cambridge University Press
Page : 0 pages
File Size : 47,9 Mb
Release : 2023-05-11
Category : Business & Economics
ISBN : 1108984517

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Public Banks by Thomas Marois Pdf

Public banks are banks located within the public sphere of a state. They are pervasive, with more than 900 institutions worldwide, and powerful, with tens of trillions in assets. Public banks are neither essentially good nor bad. Rather, they are dynamic institutions, made and remade by contentious social forces. As the first single-authored book on public banks, this timely intervention examines how these institutions can confront the crisis of climate finance and catalyse a green and just transition. The author explores six case studies across the globe, demonstrating that public banks have acquired the representative structures, financial capacity, institutional knowledge, collaborative networks, and geographical reach to tackle decarbonisation, definancialisation, and democratisation. These institutions are not without contradictions, torn as they are between contending public and private interests in class-divided society. Ultimately, social forces and struggles shape how and if public banks serve the public good.

DECARBONOMICS

Charles Dumas
DECARBONOMICS Book PDF

Author : Charles Dumas
Publisher : Profile Books
Page : 130 pages
File Size : 41,5 Mb
Release : 2021-10-21
Category : Business & Economics
ISBN : 9781800810600

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DECARBONOMICS by Charles Dumas Pdf

A book of two halves, Decarbonomics first sets the scene of current global economics, outlining the effect of the pandemic, the trade war between the US and China and the resulting fragmentation of globalisation. In the second half of the book, leading financial analyst Charles Dumas examines the economic reasons for action on climate change, and what form that might take. Dumas argues that investment to combat the changing climate will provide not only a boost to growth but also a rebalancing of geopolitics, benefiting those economies best placed to exploit the new technologies - possibly away from the oil-rich Middle East and towards the sun-rich Southern Hemisphere. He also examines the implications of a carbon tax, shifting economics to forge a financial solution to climate change. Drawing on original analysis by one of the world's leading macroeconomic forecasters, Decarbonomics shows how climate-change economics has shifted from a story of necessary sacrifice to one of opportunity.

Global Energy Fundamentals

Simone Tagliapietra
Global Energy Fundamentals Book PDF

Author : Simone Tagliapietra
Publisher : Cambridge University Press
Page : 269 pages
File Size : 52,6 Mb
Release : 2020-08-13
Category : Business & Economics
ISBN : 9781108495219

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Global Energy Fundamentals by Simone Tagliapietra Pdf

A rigorous and accessible guide to the current status and future prospects of the global energy system.

Transforming Energy Systems

Fries, Steven
Transforming Energy Systems Book PDF

Author : Fries, Steven
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 48,9 Mb
Release : 2021-11-16
Category : Business & Economics
ISBN : 9781800370371

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Transforming Energy Systems by Fries, Steven Pdf

Recognizing the urgent need to transform energy systems to low-carbon alternatives, this timely book offers evidenced and credible ways to accelerate actions towards meeting the Paris Agreement goals and achieving net zero emissions. Steven Fries analyses through the lens of government, business and household actionsÑtheir policies and investmentsÑthe systemic changes needed to eliminate net carbon dioxide emissions from energy.

The Geopolitics of the Global Energy Transition

Manfred Hafner,Simone Tagliapietra
The Geopolitics of the Global Energy Transition Book PDF

Author : Manfred Hafner,Simone Tagliapietra
Publisher : Springer Nature
Page : 398 pages
File Size : 53,8 Mb
Release : 2020-06-09
Category : Political Science
ISBN : 9783030390662

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The Geopolitics of the Global Energy Transition by Manfred Hafner,Simone Tagliapietra Pdf

The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.

Accelerating Decarbonization of the U.S. Energy System

National Academies of Sciences, Engineering, and Medicine,National Academies Of Sciences Engineeri,Division on Engineering and Physical Sciences,Board on Energy and Environmental Systems,Committee on Accelerating Decarbonization in the United States
Accelerating Decarbonization of the U S Energy System Book PDF

Author : National Academies of Sciences, Engineering, and Medicine,National Academies Of Sciences Engineeri,Division on Engineering and Physical Sciences,Board on Energy and Environmental Systems,Committee on Accelerating Decarbonization in the United States
Publisher : Unknown
Page : 210 pages
File Size : 51,9 Mb
Release : 2021-12-02
Category : Science
ISBN : 0309682924

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Accelerating Decarbonization of the U.S. Energy System by National Academies of Sciences, Engineering, and Medicine,National Academies Of Sciences Engineeri,Division on Engineering and Physical Sciences,Board on Energy and Environmental Systems,Committee on Accelerating Decarbonization in the United States Pdf

The world is transforming its energy system from one dominated by fossil fuel combustion to one with net-zero emissions of carbon dioxide (CO2), the primary anthropogenic greenhouse gas. This energy transition is critical to mitigating climate change, protecting human health, and revitalizing the U.S. economy. To help policymakers, businesses, communities, and the public better understand what a net-zero transition would mean for the United States, the National Academies of Sciences, Engineering and Medicine convened a committee of experts to investigate how the U.S. could best decarbonize its transportation, electricity, buildings, and industrial sectors. This report, Accelerating Decarbonization of the United States Energy System, identifies key technological and socio-economic goals that must be achieved to put the United States on the path to reach net-zero carbon emissions by 2050. The report presents a policy blueprint outlining critical near-term actions for the first decade (2021-2030) of this 30-year effort, including ways to support communities that will be most impacted by the transition.

Power Shift

Peter Newell
Power Shift Book PDF

Author : Peter Newell
Publisher : Cambridge University Press
Page : 301 pages
File Size : 55,8 Mb
Release : 2021-04-15
Category : Business & Economics
ISBN : 9781108832854

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Power Shift by Peter Newell Pdf

A novel, interdisciplinary account of the global politics of producing, financing, governing and mobilising energy system transformation.

Southeast Asia and the Economics of Global Climate Stabilization

David A. Raitzer,Francesco Bosello,Massimo Tavoni,Carlo Orecchia,Giacomo Marangoni,Jindra Nuella G. Samson
Southeast Asia and the Economics of Global Climate Stabilization Book PDF

Author : David A. Raitzer,Francesco Bosello,Massimo Tavoni,Carlo Orecchia,Giacomo Marangoni,Jindra Nuella G. Samson
Publisher : Asian Development Bank
Page : 321 pages
File Size : 50,7 Mb
Release : 2015-12-01
Category : Science
ISBN : 9789292573058

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Southeast Asia and the Economics of Global Climate Stabilization by David A. Raitzer,Francesco Bosello,Massimo Tavoni,Carlo Orecchia,Giacomo Marangoni,Jindra Nuella G. Samson Pdf

Climate change is a global concern of special relevance to Southeast Asia, a region that is both vulnerable to the effects of climate change and a rapidly increasing emitter of greenhouse gases (GHGs). This study focuses on five countries of Southeast Asia that collectively account for 90% of regional GHG emissions in recent years---Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam. It applies two global dynamic economy–energy–environment models under an array of scenarios that reflect potential regimes for regulating global GHG emissions through 2050. The modeling identifies the potential economic costs of climate inaction for the region, how the countries can most efficiently achieve GHG emission mitigation, and the consequences of mitigation, both in terms of benefits and costs. Drawing on the modeling results, the study analyzes climate-related policies and identifies how further action can be taken to ensure low-carbon growth.

The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications

Baoping Shang
The Poverty and Distributional Impacts of Carbon Pricing Channels and Policy Implications Book PDF

Author : Baoping Shang
Publisher : International Monetary Fund
Page : 32 pages
File Size : 50,5 Mb
Release : 2021-06-25
Category : Business & Economics
ISBN : 9781513573397

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The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by Baoping Shang Pdf

Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.

Fiscal Monitor, October 2019

International Monetary Fund. Fiscal Affairs Dept.
Fiscal Monitor October 2019 Book PDF

Author : International Monetary Fund. Fiscal Affairs Dept.
Publisher : International Monetary Fund
Page : 96 pages
File Size : 44,5 Mb
Release : 2019-10-10
Category : Business & Economics
ISBN : 9781513515328

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Fiscal Monitor, October 2019 by International Monetary Fund. Fiscal Affairs Dept. Pdf

This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. It provides a quantitative framework for understanding their effects and trade-offs with other instruments and applies it to the largest advanced and emerging economies. Alternative approaches, like “feebates” to impose fees on high polluters and give rebates to cleaner energy users, can play an important role when higher energy prices are difficult politically. At the international level, the report calls for a carbon price floor arrangement among large emitters, designed flexibly to accommodate equity considerations and constraints on national policies. The report estimates the consequences of carbon pricing and redistribution of its revenues for inequality across households. Strategies for enhancing the political acceptability of carbon pricing are discussed, along with supporting measures to promote clean technology investments.