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Srl | Item |
1 |
ID:
107749
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Publication |
London, Earthscan Publishing, 2011.
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Description |
xxiv, 381p.
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Standard Number |
978849710848, hbk
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Copies: C:1/I:0,R:0,Q:0
Circulation
Accession# | Call# | Current Location | Status | Policy | Location |
056257 | 333.790941/SKE 056257 | Main | On Shelf | General | |
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2 |
ID:
111429
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Publication |
2012.
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Summary/Abstract |
Environmental tax reform (ETR), a shift in taxation towards environmental taxes, has been implemented on a small scale in a number of European countries. This paper first gives a short review of the literature about ETR. An Appendix briefly describes the model used for a modelling exercise to explore, through scenarios with low and high international energy prices, the implications of a large-scale ETR in the European Union, sufficient to reach the EU's emission reduction targets for 2020. The paper then reports the results of the exercise. The ETR results in increased carbon and materials, but reduced labour, productivity, with the emission reductions distributed across all sectors as a reduction in the demand for all fossil fuels. There are also small GDP increases for most, but not all, EU countries for all the scenarios, and for the EU as a whole. Both the environmental and macroeconomic outcomes are better with low than with high energy prices, because the former both increases the scale of the ETR required to reach the targets, and reduces the outflow of foreign exchange to pay for energy imports. ETR emerges from the exercise as an attractive and cost-effective policy for environmental improvement.
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3 |
ID:
126816
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Publication |
2014.
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Summary/Abstract |
This paper examines the volumes of oil that can and cannot be used up to 2035 during the transition to a low-carbon global energy system using the global energy systems model, TIAM-UCL and the 'Bottom up Economic and Geological Oil field production model' (BUEGO). Globally in a scenario allowing the widespread adoption of carbon capture and storage (CCS) nearly 500 billion barrels of existing 2P oil reserves must remain unused by 2035. In a scenario where CCS is unavailable this increases to around 600 billion barrels. Besides reserves, arctic oil and light tight oil play only minor roles in a scenario with CCS and essentially no role when CCS is not available. On a global scale, 40% of those resources yet to be found in deepwater regions must remain undeveloped, rising to 55% if CCS cannot be deployed. The widespread development of unconventional oil resources is also shown to be incompatible with a decarbonised energy system even with a total and rapid decarbonisation of energetic inputs. The work thus demonstrates the extent to which current energy policies encouraging the unabated exploration for, and exploitation of, all oil resources are incommensurate with the achievement of a low-carbon energy system.
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