2021
DOI: 10.1038/s41560-021-00934-2
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Reframing incentives for climate policy action

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Cited by 142 publications
(57 citation statements)
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“…As international coal markets contract with the increasing ambitions of climate change mitigation strategies and internalized social costs of carbon, coal mining communities like those in La Guajira may be tempted to find domestic strategies to consume their remaining coal reserves (Mercure et al 2021). One such strategy may be to produce liquid hydrogen using coal as a primary energy source.…”
Section: Discussionmentioning
confidence: 99%
“…As international coal markets contract with the increasing ambitions of climate change mitigation strategies and internalized social costs of carbon, coal mining communities like those in La Guajira may be tempted to find domestic strategies to consume their remaining coal reserves (Mercure et al 2021). One such strategy may be to produce liquid hydrogen using coal as a primary energy source.…”
Section: Discussionmentioning
confidence: 99%
“…This issue is particularly salient in LMICs where a range of context-specific institutional, economic, environmental and social barriers may limit or decelerate implementation and affect the available choice of policy instruments (Dubash et al, 2013;Giles et al, 2021;Laudari et al, 2021), and where reliable data on monitoring and evaluation of climate policy implementation are scarce (Ssekamatte, 2018). Despite growing evidence that a sustainable energy transition towards solar and wind is likely to be economically favourable for many LMICs (Chakravarty and Somanathan, 2021;IRENA, 2021;Mercure et al, 2021;Oyewo et al, 2020), there is growing evidence of such transitions being limited in LMICs (Alova et al, 2021;Steckel et al, 2015Steckel et al, , 2020, raising questions regarding the extent to which signing the Paris Agreement and formally adopting climate policies are changing outcomes on the ground. Yet neither the reasons behind this discrepancy nor suggestions for how it can be overcome are well-understood in the literature.…”
Section: A Lei Não Pegou (The Law Didn't Stick) -Expression In Brazilmentioning
confidence: 99%
“…To maximise the chances of success, such green industrialisation policies should be aligned with existing resources and capacities in the respective economies to maximise competitive advantages and thereby enable rapid implementation (Andres and Mealy, 2021;Mealy and Teytelboym, 2020). Recent work by Mercure et al suggests that given the dynamics of the global energy transition, quick decarbonisation is especially economically advantageous for fossil fuel importers as they can re-invest money into domestic low-carbon energy development programmes which was previously spent on expensive energy imports, boosting GDP and job creation in the process (Mercure et al, 2021). Bottom-up, governments furthermore need to increase the innovative capacity for sustainable development solutions capable of delivering on green growth (Schot and Steinmueller, 2018).…”
Section: Conclusion and Policy Implicationsmentioning
confidence: 99%
“…Den økende politiske viljen bak dette skiftet er en viktig grunn til at langsommere energiskifter i fortiden ikke bør brukes som en rettesnor for fremtiden (Fattouh et al, 2018). Samlet antyder den seneste forskningen at eksisterende klimapolitiske tiltak og teknologiske fremskritt innenfor grønn energi gir en overveldende sannsynlighet for redusert etterspørsel etter fossile drivstoffer (Lystad et al, 2021;Mercure et al, 2021;Statkraft, 2018). Det er dermed en høy risiko for at norsk olje blir ulønnsom, i takt med at alle unntatt de aller billigste av verdens fossile energireserver blir «ubrennbare» (Mercure et al, 2021).…”
Section: Risiko Ved å «La Markedet Ta Seg Av» Norges Oljeunclassified