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  • 1
    Keywords: energy ; energy economics
    Description / Table of Contents: This article assesses the long-term economic and climatic effects of introducing price caps and price floors in hypothetical global climate change mitigation policy. Based on emission trends, abatement costs and equilibrium climate sensitivity from IPCC and IEA reports, this quantitative analysis confirms that price caps could significantly reduce economic uncertainty. This uncertainty stems primarily from unpredictable economic growth and energy prices, and ultimately unabated emission trends. In addition, the development of abatement technologies is uncertain. Furthermore,this analysis shows that rigid targets may entail greater economic risks with little or no comparative advantage for the climate. More ambitious emission objectives, combined with price caps and price floors, could still entail significantly lower expected costs while driving similar, or even slightly better, climatic outcomes in probabilistic terms.
    Pages: Online-Ressource (21 Seiten)
    Language: English
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  • 2
    Keywords: energy ; energy economics
    Description / Table of Contents: This article assesses the long-term economic and climatic effects of introducing price caps and price floors in hypothetical global climate change mitigation policy. Based on emission trends, abatement costs and equilibrium climate sensitivity from IPCC and IEA reports, this quantitative analysis confirms that price caps could significantly reduce economic uncertainty. This uncertainty stems primarily from unpredictable economic growth and energy prices, and ultimately unabated emission trends.In addition, the development of abatement technologies is uncertain. Furthermore,this analysis shows that rigid targets may entail greater economic risks with little or no comparative advantage for the climate. More ambitious emission objectives, combined with price caps and price floors, could still entail significantly lower expected costs while driving similar, or even slightly better, climatic outcomes in probabilistic terms.
    Pages: Online-Ressource (21 Seiten)
    Language: English
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  • 3
    Keywords: energy ; energy economics
    Description / Table of Contents: Modern biomass, and the resulting useful forms of bioenergy produced from it, are anticipated by many advocates to provide a significant contribution to the global primary energy supply of many IEA member countries during the coming decades. For non-member countries, particularly those wishing to achieve economic growth as well as meet the goals for sustainable development, the deployment of modern bioenergy projects and the growing international trade in biomass-based energy carriers offer potential opportunities.
    Pages: Online-Ressource (66 Seiten)
    Language: English
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  • 4
    Keywords: energy ; energy economics
    Description / Table of Contents: This chapter considers electrical appliances for home and office, which are produced and consumed in large and increasing numbers in industrialised and, increasingly, in developing economies.
    Pages: Online-Ressource (53 Seiten)
    Language: English
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  • 5
    Keywords: energy ; energy economics
    Description / Table of Contents: This paper assesses the policy questions as highlighted in the relevant COP/MOP 2 decision, particularly leaks (or seepage) and permanence for geological storage, project boundaries and liability issues, and leakage, as well as a few others raised by some Parties. Since any emissions or leaks during the separation, capture and transport phases would occur during the crediting period of the project (and would therefore be accounted for as project emissions), the paper focuses its analyses for leaks and liability on storage, as it is in this part of the CCS process that long-term leaks could occur.
    Pages: Online-Ressource (31 Seiten)
    Language: English
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  • 6
    Keywords: energy ; energy economics
    Description / Table of Contents: The goal of sustainable development is to ensure economic growth today without jeopardising economic development, the social well-being and natural environment of future generations. Energy consumption is closely tied to this goal and plays a key role in determining whether is attainable. As oil, gas and coal still heavily dominate world energy supply, fossil fuels – because of their environmental impact – have been challenged to contribute to a cleaner and sustainable energy future. In 2002, the International Energy Agency Coal Industry Advisory Board issued a position paper at the United Nations World Summit on Sustainable Development that recognised the paramount importance of sustainable development and committed to rally its members to provide evidence of progress towards sustainable development. In this compendium of over fifty case studies, the coal industry demonstrates that practical progress is being made in many areas: communities and people; resource stewardship and environmental impacts; management processes and systems; and along the value chain, in co-operation with customers and suppliers. This publication illustrates that many of the commercial objectives of the coal industry – cost effective achievement of environmental standards, technology research and development, technology transfer and collaboration along the value chain – are also issues that governments can approach positively, in consultation with industry, so that coal is able to have a long-term role in sustainable development.
    Pages: Online-Ressource (97 Seiten)
    Language: English
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  • 7
    Keywords: energy ; energy economics
    Description / Table of Contents: A key issue for policy makers is how to choose a climate change policy that recognises the uncertainties in the costs and benefits of abatement actions. This paper reviews the economic literature relative to the choice of the economic instruments that could be used to mitigate climate change. Because climate change is driven by the slow build-up of atmospheric concentrations of greenhouse gases, flexible instruments would be more economically efficient than fixed quotas. They may help engage a broader set of countries into a common framework for mitigating climate change, and may facilitate the adoption of relatively more ambitious policies. The certainty of achieving at least some precise levels of emissions would decrease, but the probability of bettering these levels would increase.
    Pages: Online-Ressource (0 Seiten)
    Language: English
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  • 8
    Keywords: energy ; energy economics
    Description / Table of Contents: This paper is a background document on the global chemical and petrochemical sector for the IEA publication Energy Technology Transitions in Industry (IEA, 2009). It provides further, more detailed information on the methodology and data issues for energy efficiency indicators for the sector. The indicators discussed offer insight regarding the energy efficiency improvement potential in the short- to medium-term (by proven technologies). This paper is a background document on the global chemical and petrochemical sector for the IEA publication Energy Technology Transitions in Industry (IEA, 2009). It provides further, more detailed information on the methodology and data issues for energy efficiency indicators for the sector. The indicators discussed offer insight regarding the energy efficiency improvement potential in the short- to medium-term (by proven technologies).
    Pages: Online-Ressource (60 Seiten)
    Language: English
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  • 9
    Keywords: energy ; energy economics
    Description / Table of Contents: China’s rapid economic growth has aroused intense interest around the world. Policy makers, industrialists, investors, environmentalists, researchers and others want to better understand the issues that this populous nation faces as it further develops an already thriving economy largely fuelled by coal. This study sheds light on the Chinese coal supply and transformation sectors. China’s rapid economic growth has aroused intense interest around the world. Policy makers, industrialists, investors, environmentalists, researchers and others want to better understand the issues that this populous nation faces as it further develops an already thriving economy largely fuelled by coal. This study sheds light on the Chinese coal supply and transformation sectors. China’s coal, mined locally and available at a relatively low cost, has brought enormous benefits to energy consumers in China and to those outside the country who enjoy the products of its coal-based economy. Yet from another perspective, China’s coal use has a high cost. Despite progress, health and safety in the thousands of small coal mines lag far behind the standards achieved in China’s modern, large mines. Environmental degradation is a real and pressing problem at all stages of coal production, supply and use. Adding to these burdens, emissions of carbon dioxide are of concern to the Chinese government as it embarks on its own climate protection strategy. Technology solutions are already transforming the way coal is used in China and elsewhere. This study explores the context in which the development and deployment of these technologies can be accelerated. Providing a large amount of new data, it describes in detail the situation in China as well as the experiences of other countries in making coal cleaner. Above all, the report calls for much greater levels of collaboration – existing bi-lateral and multi-lateral co-operation with China on coal is found lacking. China’s growing openness presents many commercial opportunities. Establishing a global market for cleaner coal technologies is key to unlocking the potential of technology – one of ten major recommendations made in this study.
    Pages: Online-Ressource (320 Seiten)
    Language: English
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  • 10
    Keywords: energy ; energy economics
    Description / Table of Contents: This report explores the effects of the EU emissions trading scheme on the aluminium sector (i.e. competitiveness loss and carbon leakage). With its very high electricity intensity, primary aluminium stands out in the heavy industry picture: a sector whose emissions are not capped in the present EU ETS, European aluminium smelters still stand to lose profit margins and, possibly, market shares, as electricity prices increase following CO2 caps on generators’ emissions - the famous pass-through of CO2 prices into electricity prices. The analysis includes a method of quantification of this issue, based on two indicators: profit margins and trade flows. As the EU is at the forefront of such policy, the paper provides policy messages to all countries on how trade exposed energy-intensive industries can be ‘moved’ by carbon constraint. This also is a contentious topic in Australia, Japan, New Zealand, and the US, where ambitious climate policies – including cap-and-trade systems – are currently debated.
    Pages: Online-Ressource (45 Seiten)
    Language: English
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