Key Challenges Faced By Fossil Fuel Exporters During The Energy Transition
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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.
Fit For Purpose Toward Trade Rules That Support Fossil Fuel Subsidy Reform And The Clean Energy Transition
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Author : van Asselt, Harro
language : en
Publisher: Nordic Council of Ministers
Release Date : 2020-11-18
Fit For Purpose Toward Trade Rules That Support Fossil Fuel Subsidy Reform And The Clean Energy Transition written by van Asselt, Harro and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-18 with Business & Economics categories.
Available online: https://pub.norden.org/temanord2020-539/ Estimated at USD 478 billion in 2019, fossil fuel subsidies strain the public purse, contribute to climate change, slow the uptake of renewable energy, and lead to local air pollution and associated impacts on public health. Their reform could thus lead to a wide range of socioeconomic and environmental benefits. Despite its binding rules to regulate subsidies, the World Trade Organization (WTO) has so far failed to play any significant role in constraining government support to fossil fuels. Against this backdrop, this report explores whether WTO rules and practices are fit for purpose in addressing fossil fuels subsidies and supporting the clean energy transition, and how they could be reformed to more effectively contribute to these key objectives. It also offers practical recommendations for WTO members and other stakeholders interested in moving this agenda forward.
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.
Public Responses To Fossil Fuel Export
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Author : Hilary Boudet
language : en
Publisher: Elsevier
Release Date : 2022-01-29
Public Responses To Fossil Fuel Export written by Hilary Boudet and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-01-29 with Science categories.
Public Responses to Fossil Fuel Export provides wide-ranging theoretical and methodological international contributions on the human dimensions of fossil fuel export, with a distinctive focus on exporting countries, some of which are new entrants into the marketplace. What do members of the public think about exporting fossil fuels in places where it is happening? What do they see as its main risks and benefits? What connections are being made to climate change and the impending energy transition? How have affected communities responded to proposals related to fossil fuel export, broadly defined to include transport by rail, pipeline, and ship? Contributions to the work are presented in three parts. The first part synopsizes the background of the project, outlines major social science theories and relevant previous research, and identifies global trends in energy production. Regional and national case studies related to public opinion on fossil fuel export are included in part two of the manuscript. Part three highlights community-based case studies. Implications for research and practice feature in the concluding chapter. Serves as a definitive reference on the social dimensions of fossil fuel export, bringing together case examples and public opinion research from around the world on this important but understudied issue Explores the broader implications for growing field of energy social science, particularly those focused on public perceptions of energy development, siting controversies and community impacts from energy development Provides practical and policy implications, including the need for better community inclusion in export and transport facility siting decisions, the changing status of certain fuels, impacts on public awareness, and the relevance of the movement of energy resources
Energy In Africa
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Author : Manfred Hafner
language : en
Publisher: Springer
Release Date : 2018-08-06
Energy In Africa written by Manfred Hafner and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-06 with Business & Economics categories.
This open access book presents a picture of the current energy challenges on the African continent (and the Sub-Saharan region in particular) and proposes pathways to an accelerated energy transition. Starting with an analysis of the status quo and the outlook for Africa’s energy demand and energy access, it provides an account of the available resources, including hydrocarbons and renewable energy resources, which are playing an increasingly crucial role. It then moves on to analyze the level of investment required to scale-up Africa’s energy systems, shedding light on the key barriers and elaborating on potential solutions. It also provides a suggestion for improving the effectiveness of EU–Africa cooperation. While mainly intended for policymakers and academics, this book also speaks to a broader audience interested in gaining an overview of the challenges and opportunities of the African energy sector today and in the future.
Regional Cooperation For Sustainable Energy In Asia And The Pacific
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Author : United Nations Publications
language : en
Publisher: UN
Release Date : 2017
Regional Cooperation For Sustainable Energy In Asia And The Pacific written by United Nations Publications and has been published by UN this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
This publication is the theme study for the 73rd session of Commission to be held in May 2017. The main purpose of the publication is to call on policymakers in Asia and the Pacific for urgent actions to transition national energy sectors to achieve the Sustainable Development Goals (SDG), particularly Goal 7. The energy sector transition is the only way to address the sizeable energy deficit which impede progress in energy access in a number of member countries. It will also address gaps between current commitments under the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change and lack of coherent energy strategic and policy frameworks and actions held back progress of SDG7.
Renewable Energy Transformation Or Fossil Fuel Backlash
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Author : Espen Moe
language : en
Publisher: Springer
Release Date : 2016-04-29
Renewable Energy Transformation Or Fossil Fuel Backlash written by Espen Moe and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-29 with Political Science categories.
Renewable energy is rising within an energy system dominated by powerful vested energy interests in fossil fuels, nuclear and electric utilities. Analyzing renewables in six very different countries, the author argues that it is the extent to which states have controlled these vested interests that determines the success or failure of renewables.
Renewable Energy Transition In Asia
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Author : Nandakumar Janardhanan
language : en
Publisher: Springer Nature
Release Date : 2021-02-12
Renewable Energy Transition In Asia written by Nandakumar Janardhanan and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-12 with Business & Economics categories.
This book covers critical debates on policies, markets and emerging issues that shape renewable energy transition in the Asian region, which is fast becoming an epicenter of the global energy consumption. The chapters focus on domestic policies, geopolitics, technology landscape and governance structure pertaining to the development of renewable energy in different Asian countries ranging from China to the Middle East. The book presents an insightful view of the pace and magnitude of the energy transition. It presents critical steps countries are taking to promote affordable and clean energy (SDG 7) as well as strengthening climate mitigation actions (SDG 13). In addition, this book introduces the concept of co-innovation---a collaborative and iterative approach to jointly innovate, manufacture and scale up low-carbon technologies---and its role in promoting energy transition in Asia. Chapter 8 (Renewable energy deployment to stimulate energy transition in the Gulf Cooperation Council) is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
Swapping Fossil Fuel Subsidies For Sustainable Energy
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Author : Richard Bridle
language : en
Publisher: Nordic Council of Ministers
Release Date : 2018-12-07
Swapping Fossil Fuel Subsidies For Sustainable Energy written by Richard Bridle and has been published by Nordic Council of Ministers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-07 with Business & Economics categories.
Underpricing of fossil fuels, caused by subsidies, drives carbon intensive consumption. Reforming fossil fuel subsidies and allocating some of the savings to sustainable energy could accelerate a transition to fairer, safer, cleaner and more sustainable energy systems. This report outlines the Nordic Council of Ministers’ work to promote these swaps through the development of a business model and description of the link between fossil fuel subsidies, reforms and carbon emissions. The report evaluates potential swaps to increase industrial energy efficiency in the mining sector, in the context of energy sector reforms in Zambia; and the replacement of butane subsidies with solar investments in Morocco. The report also presents an outline of how Nordic countries are supporting reforms and driving the swaps agenda as part of Nordic Solutions to Global Challenges.
The Role Of Oil And Gas Companies In The Energy Transition
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Author : Robert J. Johnston
language : en
Publisher:
Release Date : 2020-01-10
The Role Of Oil And Gas Companies In The Energy Transition written by Robert J. Johnston and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-10 with categories.