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Economic Consequences Of Large Extraction Declines Lessons For The Green Transition


Economic Consequences Of Large Extraction Declines Lessons For The Green Transition
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Economic Consequences Of Large Extraction Declines Lessons For The Green Transition


Economic Consequences Of Large Extraction Declines Lessons For The Green Transition
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Author : Rudolfs Bems
language : en
Publisher: International Monetary Fund
Release Date : 2023-05-08

Economic Consequences Of Large Extraction Declines Lessons For The Green Transition written by Rudolfs Bems and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-08 with categories.


Economic Consequences of Large Extraction Declines: Lessons for the Green Transition



The Green Paradox


The Green Paradox
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Author : Hans-Werner Sinn
language : en
Publisher: MIT Press
Release Date : 2012-02-03

The Green Paradox written by Hans-Werner Sinn and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-02-03 with Business & Economics categories.


A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster.



Building Back Better How Big Are Green Spending Multipliers


Building Back Better How Big Are Green Spending Multipliers
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2021-03-19

Building Back Better How Big Are Green Spending Multipliers written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.


This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink activities can generate more than a dollar’s worth of economic activity. Although not all green and non-ecofriendly expenditures in the dataset are strictly comparable due to data limitations, estimated multipliers associated with spending on renewable and fossil fuel energy investment are comparable, and the former (1.1-1.5) are larger than the latter (0.5-0.6) with over 90 percent probability. These findings survive several robustness checks and lend support to bottom-up analyses arguing that stabilizing climate and reversing biodiversity loss are not at odds with continuing economic advances.



Inclusive Green Growth


Inclusive Green Growth
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2012-05-01

Inclusive Green Growth written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-01 with Business & Economics categories.


Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.



Key Challenges Faced By Fossil Fuel Exporters During The Energy Transition


Key Challenges Faced By Fossil Fuel Exporters During The Energy Transition
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Author : Diego Mesa Puyo
language : en
Publisher: International Monetary Fund
Release Date : 2024-03-27

Key Challenges Faced By Fossil Fuel Exporters During The Energy Transition written by Diego Mesa Puyo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-27 with Business & Economics categories.


The global energy transition is affecting fossil fuel exporters from multiple angles. It is adding to longstanding uncertainties on relative movements of fossil fuel demand and supply—which impact fossil fuel-related exports, fiscal flows, investment and subsequently external and fiscal accounts, economic growth, and employment. While policymakers are very familiar with these challenges, they now also face expectations of a permanent decline in the long-run global demand for fossil fuels. Key factors that could determine country-level impacts include (i) the type of fossil fuel a country exports (ii) extraction costs and (iii) country characteristics. The monitoring and mitigation of fiscal risks will need to be stepped up. Fiscal policy also has a role in reducing domestic emissions, encouraging adoption of low-carbon technologies, and helping those most vulnerable to changes from the transition. Broader macroeconomic risks can be reduced by accelerating ongoing structural reforms that support alternative engines of growth. Low- or zero-carbon emission energy industries could offer new avenues that build on existing fossil fuel knowledge and infrastructure. Concurrently, improved financial regulation and supervision could reduce financial sector exposures. Finally, international coordination on the design and implementation of climate policy as well as international transfer schemes (financing and capacity development) could reduce uncertainties surrounding the transition path and associated adverse economic consequences.



Climate Change And Common Sense


Climate Change And Common Sense
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Author : Thomas C. Schelling
language : en
Publisher: Oxford University Press
Release Date : 2012-01-26

Climate Change And Common Sense written by Thomas C. Schelling and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-26 with Business & Economics categories.


Each chapter represents a contribution to the literature on the political economy of climate change.



The Geopolitics Of The Global Energy Transition


The Geopolitics Of The Global Energy Transition
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Author : Manfred Hafner
language : en
Publisher: Springer Nature
Release Date : 2020-06-09

The Geopolitics Of The Global Energy Transition written by Manfred Hafner and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-09 with Political Science categories.


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.



Diversification And Cooperation In A Decarbonizing World


Diversification And Cooperation In A Decarbonizing World
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Author : Grzegorz Peszko
language : en
Publisher: World Bank Publications
Release Date : 2020-07-24

Diversification And Cooperation In A Decarbonizing World written by Grzegorz Peszko and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-24 with Nature categories.


This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel†“dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of oil, gas, or coal; the use of carbon-intensive infrastructure (for example, refineries, petrochemicals, and coal power plants); or both. Fossil fuel†“dependent countries face financial, fiscal, and macro-structural risks from the transition of the global economy away from carbon-intensive fuels and the value chains based on them. This book focuses on managing these transition risks and harnessing related opportunities. Diversification and Cooperation in a Decarbonizing World identifies multiple strategies that fossil fuel†“dependent countries can pursue to navigate the turbulent waters of a low-carbon transition. The policy and investment choices to be made in the next decade will determine these countries’ degree of exposure and overall resilience. Abandoning their comfort zones and developing completely new skills and capabilities in a time frame consistent with the Paris Agreement on climate change is a daunting challenge and requires long-term revenue visibility and consistent policy leadership. This book proposes a constructive framework for climate strategies for fossil fuel†“dependent countries based on new approaches to diversification and international climate cooperation. Climate policy leaders share responsibility for creating room for all countries to contribute to the goals of the Paris Agreement, taking into account the specific vulnerabilities and opportunities each country faces.



Sustainable Development Decent Work And Green Jobs


Sustainable Development Decent Work And Green Jobs
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Author : International Labour Office
language : en
Publisher: International Labour Office Bureau International du Travail
Release Date : 2013

Sustainable Development Decent Work And Green Jobs written by International Labour Office and has been published by International Labour Office Bureau International du Travail this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Clean energy industries categories.


Addresses two of the defining challenges of the twenty-first century: achieving environmental sustainability and turning the vision of decent work for all into a reality. Shows that not only are both challenges urgent, but they are also intimately linked and will have to be addressed together. Demonstrates that while it is certain that environmental degradation and climate change will increasingly require enterprises and labour markets to react and adjust, the goal of environmentally sustainable economies will not be attained without the active contribution of the world of work. Mentions the Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87), the Right to Organise and Collective Bargaining Convention, 1949 (No. 98), the Employment Policy Convention, 1964 (No. 122), the Benzene Convention, 1971 (No. 136), the Human Resources Development Convention, 1975 (No. 142), the Tripartite Consultation (International Labour Standards) Convention, 1976 (No. 144), the Indigenous and Tribal Peoples Convention, 1989 (No. 169), the Chemicals Convention, 1990 (No. 170), and the Prevention of Major Industrial Accidents Convention, 1993 (No. 174).



International Oil Markets In The Age Of Climate Change


International Oil Markets In The Age Of Climate Change
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Author : Adi Imsirovic
language : en
Publisher: Springer Nature
Release Date :

International Oil Markets In The Age Of Climate Change written by Adi Imsirovic and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.