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Within the On October 5, 2016, the Paris Agreement, agreed policy framework of stringency, predictability, to at the twenty-first session of the Conference flexibility and subsidiarity, policies to safeguard of the Parties (COP21) to the United Nations the spillover benefits of publicly funded innovation Framework Convention on Climate Change should address market failures and asymmetries in (UNFC [...] Public investment in innovations related to energy and to carbon and business environment enablers that reduce barriers to the emergence of new firms have resulted in the creation of many firms whose The Paris Agreement: business models are founded on innovation and whose markets are global, but whose customers Translating Commitments and competitors are much larger incumbents. [...] The potential for mergers and Figure 2, have led firms to emphasize that acquisitions at a discount may limit the spillover their ability to contribute to the low-carbon benefits to the environment and the economy. [...] In Canada, the challenge of safeguarding the Second, the solutions these firms offer are ready spillover benefits of clean energy innovation now, before carbon and pollution markets pay must also be considered in light of the economy's significant and rising prices for externalities, overall challenges and priorities, notably that of before regulation and approval processes account productivity. [...] At the macroeconomic level, Canada's ability to compete and sustain global market share is borne The question for prudent policy makers to consider out, at the sector level, by Canada's performance is: can advanced and emerging economies make as the third from the bottom in changes in the transition to the low-carbon economy - with global market share of exports of manufactured the attendant expec.
Technological revolutions have increased the world’s wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement’s objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.
Solar energy is a substantial global industry, one that has generated trade disputes among superpowers, threatened the solvency of large energy companies, and prompted serious reconsideration of electric utility regulation rooted in the 1930s. One of the biggest payoffs from solar’s success is not the clean inexpensive electricity it can produce, but the lessons it provides for innovation in other technologies needed to address climate change. Despite the large literature on solar, including analyses of increasingly detailed datasets, the question as to how solar became inexpensive and why it took so long still remains unanswered. Drawing on developments in the US, Japan, Germany, Australia, and China, this book provides a truly comprehensive and international explanation for how solar has become inexpensive. Understanding the reasons for solar’s success enables us to take full advantage of solar’s potential. It can also teach us how to support other low-carbon technologies with analogous properties, including small modular nuclear reactors and direct air capture. However, the urgency of addressing climate change means that a key challenge in applying the solar model is in finding ways to speed up innovation. Offering suggestions and policy recommendations for accelerated innovation is another key contribution of this book. This book will be of great interest to students and scholars of energy technology and innovation, climate change and energy analysis and policy, as well as practitioners and policymakers working in the existing and emerging energy industries.
Innovation for a Low Carbon Economy analyses the interplay of technological, institutional, market and management factors in the dynamics of energy systems. The book aims to inform national and international policies to promote low carbon innovation.
Just a decade ago, China maintained only a handful of operating wind turbines -- all imported from Europe and the United States.
Transformation to a low carbon economy is a central tenet to any discussion on the solutions to the complex challenges of climate change and energy security. Despite advances in policy, carbon management and continuing development of clean technology, fundamental business transformation has not occurred because of multiple political, economic, social and organisational issues. Carbon Governance, Climate Change and Business Transformation is based on leading academic and industry input, and three international workshops focused on low carbon transformation in leading climate policy jurisdictions (Canada, USA and the UK) under the international Carbon Governance Project (CGP) banner. The book pulls insights from this innovative collaborative network to identify the policy combinations needed to create transformative change. It explores fundamental questions about how governments and the private sector conceptualize the problem of climate change, the conditions under which business transformation can genuinely take place and key policy and business innovations needed. Broadly, the book is based on emerging theories of multi-levelled, multi-actor carbon governance, and applies these ideas to the real world implications for tackling climate change through business transformation. Conceptually and empirically, this book stimulates both academic discussion and practical business models for low carbon transformation.
Most leaders of developed nations recognize the importance of following policies and strategies to achieve a low-carbon economy based on new and innovative technologies that are able to reduce greenhouse gas emissions and create new employment and growth. In the broad spectrum of the feasible decarbonisation pathways, the challenge for political and economic decision-makers is to weigh uncertain impact from different technologies and to build a comprehensive evidence-based framework for research, business, investment and policy decision-making. This book aims to provide the reader with a comprehensive overview of the current state-of-the-art technology in the Low Carbon Technology and Economy field, discussing a set of new technology approaches and environmental and economic implications.
The science is clear: climate change is a fact and the probability is extremely high that it has been caused by humans. At the same time, policy responses are hesitant, rather lukewarm and differ substantially between nation-states. The question is, what drives and what blocks radical action? This book makes the case that institutional settings, path dependence and emerging change coalitions are critical in explaining climate policies across the global political economy. Technological and social-political innovations are key drivers for dealing with climate change. This class of innovation is very much guided, or suppressed, by a national economy's established institutional settings. By anchoring national case studies in a version of the well established ‘varieties of capitalism’ approach, the chapters of this book show why some economies are policy leaders and others become policy followers, or even policy interlockers. Moreover, the case studies demonstrate the extent to which external events and institutional constraints from the international polity influence national innovation strategies. Taking a unique analytical approach, which combines insights from innovation policies and a variety of capitalism literature, the authors provide genuine comprehension of the interplay between institutional settings, political actors and climate policies. National Pathways to Low Carbon Emission Economies offers a valuable examination of these issues on climate change that will be of interest to academics and postgraduates researching climate policy, economic policy and social movements. Furthermore, it is relevant for policy analysts and policy makers who are interested in learning from climate policies in the context of innovation strategies for a range of countries.