Carbon Pricing for Green Recovery and Growth

Carbon Pricing for Green Recovery and Growth PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691007
Category : Science
Languages : en
Pages : 101

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Book Description
Carbon pricing is a key element of the broader climate policy architecture that can help countries reduce their greenhouse gas (GHG) emissions cost-effectively, while mobilizing fiscal resources to foster green recovery and growth. This publication introduces carbon pricing instruments and provides insights on how they can be designed to stimulate and not constrain economic activity in the context of recovery from the coronavirus disease (COVID-19) pandemic. It aims to help countries design and implement an efficient climate change response. The publication underscores the important role of carbon pricing in achieving nationally determined contributions and developing road maps for longer-term net-zero GHG emission targets.

Carbon Pricing for Green Recovery and Growth

Carbon Pricing for Green Recovery and Growth PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691007
Category : Science
Languages : en
Pages : 101

Get Book Here

Book Description
Carbon pricing is a key element of the broader climate policy architecture that can help countries reduce their greenhouse gas (GHG) emissions cost-effectively, while mobilizing fiscal resources to foster green recovery and growth. This publication introduces carbon pricing instruments and provides insights on how they can be designed to stimulate and not constrain economic activity in the context of recovery from the coronavirus disease (COVID-19) pandemic. It aims to help countries design and implement an efficient climate change response. The publication underscores the important role of carbon pricing in achieving nationally determined contributions and developing road maps for longer-term net-zero GHG emission targets.

Carbon Pricing for Green Recovery and Growth

Carbon Pricing for Green Recovery and Growth PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9789292690991
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
This publication discusses how carbon pricing instruments can be designed to help achieve net-zero greenhouse gas (GHG) emission targets while enabling economic recovery from the coronavirus disease (COVID-19) pandemic. Carbon pricing is a key element of the broader climate policy architecture that can help countries reduce GHG emissions cost-effectively, while mobilizing fiscal resources to foster green recovery and growth. The publication introduces carbon pricing instruments that can help countries design and implement an efficient climate change response. It also underscores the important role of carbon pricing in achieving nationally determined contributions and developing road maps for longer-term net-zero GHG emission targets.

Carbon Captured

Carbon Captured PDF Author: Matto Mildenberger
Publisher: MIT Press
ISBN: 0262357283
Category : Science
Languages : en
Pages : 368

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Book Description
A comparative examination of domestic climate politics that offers a theory for cross-national differences in domestic climate policymaking. Climate change threatens the planet, and yet policy responses have varied widely across nations. Some countries have undertaken ambitious programs to stave off climate disaster, others have done little, and still others have passed policies that were later rolled back. In this book, Matto Mildenberger opens the “black box” of domestic climate politics, examining policy making trajectories in several countries and offering a theoretical explanation for national differences in the climate policy process. Mildenberger introduces the concept of double representation—when carbon polluters enjoy political representation on both the left (through industrial unions fearful of job loss) and the right (through industrial business associations fighting policy costs)—and argues that different climate policy approaches can be explained by the interaction of climate policy preferences and domestic institutions. He illustrates his theory with detailed histories of climate politics in Norway, the United States, and Australia, along with briefer discussions of policies in in Germany, Japan, the United Kingdom, and Canada. He shows that Norway systematically shielded politically connected industrial polluters from costs beginning with its pioneering carbon tax; the United States, after the failure of carbon reduction legislation, finally acted on climate reform through a series of Obama administration executive actions; and Australia's Labor and Green parties enacted an emissions trading scheme, which was subsequently repealed by a conservative Liberal party government. Ultimately, Mildenberger argues for the importance of political considerations in understanding the climate policymaking process and discusses possible future policy directions.

Low Carbon, High Growth

Low Carbon, High Growth PDF Author: Augusto de la Torre
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Book Description
There is an increasing consensus in the scientific community that climate change is a real and present threat. Despite the large uncertainty on the timing, magnitude and even the direction of some of the physical and economic effects of this phenomenon, it is widely accepted that these effects will be regionally differentiated and that developing countries and lower income populations will tend to suffer the most. In this context, it is critical that Latin American and Caribbean countries develop their own strategies for adapting to the various impacts of climate change and for contributing to global efforts aimed at mitigation. 'Low Carbon, High Growth' contributes to these efforts by addressing a number of questions related to the causes and consequences of climate change in Latin America. What are the likely impacts of climate change in the region? Which countries and regions will be most affected? What can governments do to tackle the challenges associated with adapting to climate change? What role can Latin America and the Caribbean play in the area of climate change mitigation? How can the international community best help the region respond? While the study does not attempt to provide definitive answers to these questions, its goal is to contribute new information and analysis to help inform the public policy debate on this important issue.

Fiscal Monitor, October 2019

Fiscal Monitor, October 2019 PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1513515322
Category : Business & Economics
Languages : en
Pages : 96

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Book Description
This report emphasizes the environmental, fiscal, economic, and administrative case for using carbon taxes, or similar pricing schemes such as emission trading systems, to implement climate mitigation strategies. It provides a quantitative framework for understanding their effects and trade-offs with other instruments and applies it to the largest advanced and emerging economies. Alternative approaches, like “feebates” to impose fees on high polluters and give rebates to cleaner energy users, can play an important role when higher energy prices are difficult politically. At the international level, the report calls for a carbon price floor arrangement among large emitters, designed flexibly to accommodate equity considerations and constraints on national policies. The report estimates the consequences of carbon pricing and redistribution of its revenues for inequality across households. Strategies for enhancing the political acceptability of carbon pricing are discussed, along with supporting measures to promote clean technology investments.

The Green Paradox

The Green Paradox PDF Author: Hans-Werner Sinn
Publisher: MIT Press
ISBN: 0262300583
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
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.

The Greenhouse Gas Protocol

The Greenhouse Gas Protocol PDF Author:
Publisher: World Business Pub.
ISBN: 9781569735688
Category : Business enterprises
Languages : en
Pages : 0

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Book Description
The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

Low-Carbon Development

Low-Carbon Development PDF Author: Raffaello Cervigni
Publisher: World Bank Publications
ISBN: 0821399268
Category : Business & Economics
Languages : en
Pages : 189

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Book Description
The Federal Government of Nigeria has adopted an ambitious strategy to make Nigeria the world’s 20th largest economy by 2020. Sustaining such a pace of growth will entail rapid expansion of the level of activity in key carbon-emitting sectors, such as power, oil and gas, agriculture and transport. In the absence of policies to accompany economic growth with a reduced carbon foot-print, emissions of greenhouse gases could more than double in the next two decades. This study finds that there are several options for Nigeria to achieve the development objectives of vision 20:2020 and beyond, but stabilizing emissions at 2010 levels, and with domestic benefits in the order of 2 percent of GDP. These benefits include cheaper and more diversified electricity sources; more efficient operation of the oil and gas industry; more productive and climate –resilient agriculture; and better transport services, resulting in fuel economies, better air quality, and reduced congestion. The study outlines several actions that the Federal Government could undertake to facilitate the transition towards a low carbon economy, including enhanced governance for climate action, integration of climate consideration in the Agriculture Transformation Agenda, promotion of energy efficiency programs, scale-up of low carbon technologies in power generation (such as renewables an combined cycle gas turbines), and enhance vehicle fuel efficiency.

Decarbonizing Development

Decarbonizing Development PDF Author: Marianne Fay
Publisher: World Bank Publications
ISBN: 1464806063
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
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.

Carbon Pricing for Energy Transition and Decarbonization

Carbon Pricing for Energy Transition and Decarbonization PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929269846X
Category : Science
Languages : en
Pages : 158

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Book Description
Carbon pricing is an integral element of the climate policy architecture that can help countries reduce emissions cost-effectively, achieve climate targets articulated under their nationally determined contributions, and raise ambition over time. This study provides insights on how well-designed carbon pricing instruments can be woven into climate policies to accelerate efforts toward energy transition and decarbonization. Targeted at policymakers, it aims to help countries design and implement carbon pricing instruments tailored to their national circumstances and priorities that create low-cost, sustainable energy systems capable of boosting resilience and driving long-term growth.