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CLIMATE MITIGATION POLICY (3) answer(s).
 
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ID:   150062


Financing alternative energy projects: an examination of challenges and opportunities for local government / Cheung, Grace; Davies, Peter J ; Stefan Trück   Journal Article
Cheung, Grace Journal Article
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Summary/Abstract Local government in Australia has a strong collective capacity to reduce GHG emissions through policies, funding allocation to renewable energy projects and the delivery of programs and services. This study examines the institutional capacity of councils in Sydney and how this impacts on decisions to invest in alternative energy projects. We find greenhouse gas emission targets of councils are strongly aligned to national targets but do not reflect the local council's institutional capacity, political leadership or strategic priorities. Energy reduction projects are often identified and undertaken by environmental staff without support from financial staff or financial-evaluation tools. An absence of national guidelines to provide consistency in tracking and reporting limits cross-sector benchmarking. Street lighting contributes to a significant proportion of council's total electricity expenditure and GHG emission profile. Being highly regulated, existing contracts and the current practice of street lighting services limits the councils’ ability to reduce emissions. Based on our analysis we recommend a number of measures to overcome these constraints including the use of financial evaluation tools for small-scale renewable energy projects, a standardised national tracking and reporting platform to facilitate progress-reporting and meaningful comparative analysis between councils and policy reform to the regulation of street lighting.
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2
ID:   103334


Impact of international climate policies on CO2 capture and sto: illustrated in the Dutch energy / Broek, Machteld van den; Veenendaal, Paul; Koutstaal, Paul; Turkenburg, Wim   Journal Article
Turkenburg, Wim Journal Article
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Publication 2011.
Summary/Abstract A greenhouse gas emission trading system is considered an important policy measure for the deployment of CCS at large scale. However, more insights are needed whether such a trading system leads to a sufficient high CO2 price and stable investment environment for CCS deployment. To gain more insights, we combined WorldScan, an applied general equilibrium model for global policy analysis, and MARKAL-NL-UU, a techno-economic energy bottom-up model of the Dutch power generation sector and CO2 intensive industry. WorldScan results show that in 2020, CO2 prices may vary between 20 €/tCO2 in a Grand Coalition scenario, in which all countries accept greenhouse gas targets from 2020, to 47 €/tCO2 in an Impasse scenario, in which EU-27 continues its one-sided emission trading system without the possibility to use the Clean Development Mechanism. MARKAL-NL-UU model results show that an emission trading system in combination with uncertainty does not advance the application of CCS in an early stage, the rates at which different CO2 abatement technologies (including CCS) develop are less crucial for introduction of CCS than the CO2 price development, and the combination of biomass (co-)firing and CCS seems an important option to realise deep CO2 emission reductions.
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3
ID:   150780


Main drivers of changes in CO2 emissions in the Spanish economy: a structural decomposition analysis / Cansino, José M; Román, Rocío ; Ordóñez, Manuel   Journal Article
Román, Rocío Journal Article
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Summary/Abstract The aim of this paper is the analysis of structural decomposition of changes in CO2 emissions in Spain by using an enhanced Structural Decomposition Analysis (SDA) supported by detailed Input–Output tables from the World Input–Output Database (2013) (WIOD) for the period 1995–2009. The decomposition of changes in CO2 emissions at sectoral level are broken down into six effects: carbonization, energy intensity, technology, structural demand, consumption pattern and scale. The results are interesting, not only for researchers but also for utility companies and policy-makers as soon as past and current political mitigation measures are analyzed in line with such results. The results allow us to conclude that the implementation of the Kyoto Protocol together with European Directives related to the promotion of RES seem to have a positive impact on CO2 emissions trends in Spain. After reviewing the current mitigation measures in Spain, one policy recommendation is suggested to avoid the rebound effect and to enhance the fight against Climate Change that is tax benefits for those companies that prove reductions in their energy intensity ratios.
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