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"Contributing to the emerging literature on the geopolitical and foreign policy implications of decarbonisation and energy transition processes, this book sheds light on the future of the European Union's external relations under decarbonisation. Under the Paris Agreement on climate change, adopted in 2015, governments committed to phasing out the emissions of carbon dioxide and other greenhouse gases over the coming decades. This book addresses the many questions around this process of decarbonisation through detailed analyses of EU external relations with six fossil-fuel exporting countries: Nigeria, Indonesia, Azerbaijan, Colombia, Qatar and Canada. The authors systematically examine the six countries' varying dependence on fossil fuels, the broader political and security context, current relations with the EU and the potential for developing these toward decarbonisation. In doing so, they put forward a series of findings that should hold across varying circumstances and provide a steppingstone to enrich and inspire further research on foreign policy, external relations and international relations under decarbonisation. The book also makes an important contribution to understanding the external implications of the 2019 European Green Deal. This volume will be of great interest to students and scholars of European environmental and climate policy, climate diplomacy, energy policy, foreign policy and climate/energy geopolitics"--
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.
This book examines energy transition issues within the Central and Eastern European (CEE) region. The European Union is aiming for an almost complete decarbonization of its energy sector by 2050. However, the path towards a carbon-free economy is full of challenges that must be solved by individual EU members. Across 18 chapters, leading researchers explore challenges related to energy transition and analyse individual EU members from Central and Eastern Europe, as well as the region as a whole. To further explore this complex issue, the volume also includes several countries from South East Europe in its analysis. As perspective members, these countries will be important contributors to the EU’s mid- and long-term climate and energy goals. The focus on a variety of issues connected to energy transition and systematic analyses of the different CEE countries make it an ideal reference for anyone with a general interest in the region or European energy transition. It will also be a useful resource for students looking for an accessible overview of the field.
The science is unequivocal: stabilizing climate change implies bringing net carbon emissions to zero. This must be done by 2100 if we are to keep climate change anywhere near the 2oC warming that world leaders have set as the maximum acceptable limit. Decarbonizing Development: Three Steps to a Zero-Carbon Future looks at what it would take to decarbonize the world economy by 2100 in a way that is compatible with countries' broader development goals. Here is what needs to be done: -Act early with an eye on the end-goal. To best achieve a given reduction in emissions in 2030 depends on whether this is the final target or a step towards zero net emissions. -Go beyond prices with a policy package that triggers changes in investment patterns, technologies and behaviors. Carbon pricing is necessary for an efficient transition toward decarbonization. It is an efficient way to raise revenue, which can be used to support poverty reduction or reduce other taxes. Policymakers need to adopt measures that trigger the required changes in investment patterns, behaviors, and technologies - and if carbon pricing is temporarily impossible, use these measures as a substitute. -Mind the political economy and smooth the transition for those who stand to be most affected. Reforms live or die based on the political economy. A climate policy package must be attractive to a majority of voters and avoid impacts that appear unfair or are concentrated on a region, sector or community. Reforms have to smooth the transition for those who stand to be affected, by protecting vulnerable people but also sometimes compensating powerful lobbies.
The authors examine how far internal policies in the European Union move towards the objective of reducing greenhouse gas emissions in the EU by 80-95 per cent by 2050, and how or whether the EU's 2050 objective to 'decarbonise' could affect the EU's relations with a number of external energy partners.
Solar power has become big business, with $131 billion invested in 2018, up from just $11.2 billion in 2004 but down from $171 billion in 2017 as unit costs fell. New installed capacity grew from 1.1GW in 2004 to about 107GW in 2018, a steady rise as solar begins to compete with fossil fuels on cost and to be built in nearly every country.This is a book for the solar workers of the future, a business book for those without a business or economics background and those simply curious about major shifts happening in the world energy economy. Key financial, economic and technical concepts are interspersed with the history of the first decade of cheap solar power, and the author's experience of being part of a successful startup in the clean energy sector.
This edited collection details and analyses the dramatic changes that the international political economy of energy has undergone in the past decade. This change began with the increasing assertiveness of Russia when the oil price rose above the $100 mark in 2008. This, combined with the rise of shale oil and gas, made the USA all but self-sufficient in terms of fossil fuels. The collapse of the oil price in 2014-15, Saudi Arabia’s new strategy of defending its market share and the increasingly tense and controversial relationship between the West and Russia all worked to further strengthen the geopolitical dimension of energy in Europe. The global result is a world in which geopolitics play a bigger part than ever before; the central question the authors of this volume grapple with is how the EU – and European small states – can deal with this. Chapter 4 of this book is available open access under a CC BY 4.0 license at link.springer.com
This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector. Featuring a Foreword by Maroš Šefčovič, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe’s gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector’s key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.
This open access book advocates for the Social Sciences and Humanities to be more involved in energy policymaking. It forms part of the European platform for energy-related Social Sciences and Humanities’ activities, and works on the premise that crossing disciplines is essential. All of its contributions are highly interdisciplinary, with each chapter grounded in at least three different Social Sciences and Humanities disciplines. These varying perspectives come together to cover an array of issues relevant to the energy transition, including: energy poverty, justice, political ecology, governance, behaviours, imaginaries, systems approaches, modelling, as well as the particular challenges faced by interdisciplinary work. As a whole, the book presents new ideas for future energy policy, particularly at the European level. It is a valuable resource for energy researchers interested in interdisciplinary and society-relevant perspectives. Those working outside the Social Sciences and Humanities will find this book an accessible way of learning more about how these subjects can constructively contribute to energy policy.
The latest World Energy Outlook offers the most comprehensive analysis of what this transformation of the energy sector might look like, thanks to its energy projections to 2040. It reviews the key opportunities and challenges ahead for renewable energy, the central pillar of the low- carbon energy transition, as well as the critical role for energy efficiency.