Exploring Economic Opportunities in Canada's Oil and Gas Endowed Region Under Net Zero Policy

Exploring Economic Opportunities in Canada's Oil and Gas Endowed Region Under Net Zero Policy PDF Author: Renate Bluschke
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In exploring the effects of Canada's net zero target, energy-economy researchers have primarily focused on the negative economic effects of greenhouse gas reductions, although they have shown some possible upsides to the energy transition, notably in renewables, energy efficiency, and zero-emission end-uses. Depending on the region, economic activity triggered by the energy transition could be much greater, but because of the speculative nature of such activities, researchers have left many possibilities unexamined. I use an energy-economy model called gTech to explore the 1) effects of net zero policy in Canada's oil and gas endowed region, and 2) potential economic opportunities for the region during the energy transition by promoting growth in emerging energy sources and technologies such as carbon capture and storage, direct air capture, hydrogen produced from natural gas, and mineral mining. I find that an increase in economic activity beyond that shown in other modeling exercises is plausible.

Exploring Economic Opportunities in Canada's Oil and Gas Endowed Region Under Net Zero Policy

Exploring Economic Opportunities in Canada's Oil and Gas Endowed Region Under Net Zero Policy PDF Author: Renate Bluschke
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In exploring the effects of Canada's net zero target, energy-economy researchers have primarily focused on the negative economic effects of greenhouse gas reductions, although they have shown some possible upsides to the energy transition, notably in renewables, energy efficiency, and zero-emission end-uses. Depending on the region, economic activity triggered by the energy transition could be much greater, but because of the speculative nature of such activities, researchers have left many possibilities unexamined. I use an energy-economy model called gTech to explore the 1) effects of net zero policy in Canada's oil and gas endowed region, and 2) potential economic opportunities for the region during the energy transition by promoting growth in emerging energy sources and technologies such as carbon capture and storage, direct air capture, hydrogen produced from natural gas, and mineral mining. I find that an increase in economic activity beyond that shown in other modeling exercises is plausible.

Offshore Oil

Offshore Oil PDF Author: Roger Voyer
Publisher: James Lorimer & Company
ISBN: 9780888626288
Category : Business & Economics
Languages : en
Pages : 174

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Book Description
First published in 1983, Offshore Oil is an early and prescient analysis of the prospects for oil and gas development off Canada's east coast. The book examines the potential of offshore oil to provide growth in Canadian industries. As development proceeds huge sums will be invested and oil companies' needs include platforms, drilling rigs, ships, plants and a host of smaller items such as drills, pumps, transformers and electronic equipment. This presents opportunities not only for traditional industries such as steel and shipbuilding but also for the high-technology sector. Offshore oil holds the prospect of energy self-sufficiency for Canada and of better times for the depressed Atlantic economy. But development of gas could also bring a "boom and bust" that damages the region's social and economic fabric. This book considers both possibilities.

The Unfolding of the New Canadian Oil and Gas Policy Environment : a Research Agenda

The Unfolding of the New Canadian Oil and Gas Policy Environment : a Research Agenda PDF Author: MacGregor, Mary E
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 23

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Book Description


Energy Policy Review

Energy Policy Review PDF Author: Great Britain. Department of Energy
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 68

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Book Description


Energy from Gas Hydrates: Assessing the Opportunities and Challenges for Canada

Energy from Gas Hydrates: Assessing the Opportunities and Challenges for Canada PDF Author: The Expert Panel on Gas Hydrates
Publisher: Council of CanadianAcademies
ISBN: 1926558022
Category : Science
Languages : en
Pages : 222

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Book Description
Page 1 ENERGY FROM GAS HYDRATES: ASSESSING THE OPPORTUNITIES & CHALLENGES FOR CANADA The Expert Panel on Gas Hydrates Council of Canadian Academies Science Advice in the Public Interest Conseil des académies canadiennes EnErgy from gas HydratEs - assEssing tHE opportunitiEs and CHallEngEs for Canada Report of the Expert Panel on Gas Hydrates iv Energy from Gas Hydrates tHE CounCil of Canadian aCad [...] Engineering and the RSC: The Academies of. [...] The reviewers assessed the objectivity and quality of. [...] Gas Hydrate Basics - Introduction to the Science and Occurrence of. [...] Energy from Gas Hydrates 3 ovErviEW of gas HydratEs - a primEr on tHE ContEXt The gas held in naturally occurring gas hydrate is generated by microbial or thermal alteration of.

National Oil Companies and Value Creation

National Oil Companies and Value Creation PDF Author: Silvana Tordo
Publisher: World Bank Publications
ISBN: 0821388312
Category : Business & Economics
Languages : en
Pages : 149

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Book Description
National Oil Companies (NOCs) directly or indirectly control the majority of oil and gas reserves. As such, they are of great consequence to their country's economy, to importing countries' energy security, and to the stability of oil and gas markets. The paper analyzes the available evidence on the objectives, governance and performance of 20 NOCs from both net importing and net exporting countries, and draws conclusions about the design of policies and measures that are more likely to lead to social value creation. NOCs differ from private companies on a number of very important variables, including the level of competition in the market in which they operate, their business profile along the sector value chain, and their degree of commercial orientation and internationalization. Most share some core characteristics: they are usually tied to the 'national purpose' and serve political and economic goals other than maximizing the firm's profits. This paper introduces a conceptual model to analyze value creation by NOCs that takes into consideration their complex objective function. Our analysis aims to answer the following questions: Are certain corporate governance arrangements more suited than others to promote value creation? Is good geology a pre-condition for NOC value creation? Are there benefits from exposing the NOC to competition from private oil companies? Does the development of forward and backward linkages hamper NOC value creation?

Global Renewables Outlook: Energy Transformation 2050

Global Renewables Outlook: Energy Transformation 2050 PDF Author: International Renewable Energy Agency IRENA
Publisher: International Renewable Energy Agency (IRENA)
ISBN: 9292602500
Category : Technology & Engineering
Languages : en
Pages : 344

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Book Description
This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.

The Ocean Economy in 2030

The Ocean Economy in 2030 PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264251723
Category :
Languages : en
Pages : 256

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Book Description
This report explores the growth prospects for the ocean economy, its capacity for future employment creation and innovation, and its role in addressing global challenges. Special attention is devoted to the emerging ocean-based industries.

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.

Renewable Energy Sources and Climate Change Mitigation

Renewable Energy Sources and Climate Change Mitigation PDF Author: Ottmar Edenhofer
Publisher: Cambridge University Press
ISBN: 9781107607101
Category : Science
Languages : en
Pages : 1088

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Book Description
This Intergovernmental Panel on Climate Change Special Report (IPCC-SRREN) assesses the potential role of renewable energy in the mitigation of climate change. It covers the six most important renewable energy sources - bioenergy, solar, geothermal, hydropower, ocean and wind energy - as well as their integration into present and future energy systems. It considers the environmental and social consequences associated with the deployment of these technologies, and presents strategies to overcome technical as well as non-technical obstacles to their application and diffusion. SRREN brings a broad spectrum of technology-specific experts together with scientists studying energy systems as a whole. Prepared following strict IPCC procedures, it presents an impartial assessment of the current state of knowledge: it is policy relevant but not policy prescriptive. SRREN is an invaluable assessment of the potential role of renewable energy for the mitigation of climate change for policymakers, the private sector, and academic researchers.