Swapping Fossil Fuel Subsidies For Sustainable Energy
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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.
Making The Switch
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Author : Merrill, Laura
language : en
Publisher: Nordic Council of Ministers
Release Date : 2017-05-10
Making The Switch written by Merrill, Laura 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 2017-05-10 with Political Science categories.
This report estimates fossil fuel subsidies to be around USD 425 billion. Such subsidies represent large lost opportunities for governments to invest in renewable energy, energy efficiency and sustainable development. Removal of consumer subsidies can lead to carbon emission reductions (6 to 8 per cent by 2050 globally), Reductions that can be improved further with a switch or a "SWAP" towards sustainable energy. This report describes the scale and impact of fossil fuel subsidies on sustainable development. It describes the SWAP concept to switch savings made from fossil fuel subsidy reform, towards sustainable energy, energy efficiency and safety nets. The report provides potential SWAP outlines for Bangladesh, Indonesia, Morocco and Zambia. "Making the Switch" was written for the Nordic Council Ministers by the Global Subsidies Initiative of IISD and Gaia Consulting.
Making The Switch
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Author : Laura Merrill
language : en
Publisher:
Release Date : 2017
Making The Switch written by Laura Merrill and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Fossil Fuel To Clean Energy Subsidy Swaps
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Author :
language : en
Publisher:
Release Date : 2019
Fossil Fuel To Clean Energy Subsidy Swaps written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
A "swap"- reallocating some of the savings from subsidy reform to fund the clean energy transition-could magnify the contributions to long-term, permanent emission reductions, the economy, jobs, public health and gender equality. [...] This report summarizes the International Institute for Sustainable Development's experience of developing and documenting subsidy swaps over several years, sets out the international context of subsidy swaps, and makes the case for policy-makers to include subsidy swaps as part of their fiscal and energy policies. [...] In the case of subsidies to renewables, the correction of a market failure, principally the underpricing of pollution, provides a driver to consider fossil fuel and clean energy subsidies differently. [...] A GSI study of 20 countries with significant fossil fuel subsidies found that phasing out subsidies by 2020 and swapping 30 per cent of the savings from reform into energy efficiency and renewable energy led to increased emissions reductions from 11 to 18 per cent (Merrill, Harris, Casier, & Bassi, 2015), emphasizing the importance of not simply removing the subsidies but also making the swap to c [...] Phasing out fossil fuel subsidies and reallocating some of the savings to accelerate the clean energy transition would have benefits for the economy, the climate and society.
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.
Learning From Leaders
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Author : Laura Merrill
language : en
Publisher: Nordic Council of Ministers
Release Date :
Learning From Leaders written by Laura Merrill 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 with Leadership categories.
Subsidy Swap
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Author :
language : en
Publisher:
Release Date : 2018
Subsidy Swap written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Electronic books categories.
Subsidy Swap Reducing Fossil Fuel Subsidies Through Energy Efficiency And Renewable Energy In Zambia
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Author :
language : en
Publisher:
Release Date :
Subsidy Swap Reducing Fossil Fuel Subsidies Through Energy Efficiency And Renewable Energy In Zambia written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Tackling Fossil Fuel Subsidies And Climate Change
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Author : Laura Merrill
language : en
Publisher: Nordic Council of Ministers
Release Date : 2015
Tackling Fossil Fuel Subsidies And Climate Change written by Laura Merrill 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 2015 with categories.
Subsidy Swap Reducing Fossil Fuel Subsidies Through Energy Efficiency And Renewable Energy In Zambia October 2018
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Author : Bridle
language : en
Publisher:
Release Date :
Subsidy Swap Reducing Fossil Fuel Subsidies Through Energy Efficiency And Renewable Energy In Zambia October 2018 written by Bridle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.