“Revenue Management” Effects Related to Financial Flows Generated by Climate Policy

Strand, Jon

doi:10.1596/1813-9450-5053

Cited by 10 publications

(4 citation statements)

References 76 publications

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“…Obviously, such sizeable financial inflows can play an important role in supporting the transition towards RE-based energy systems. However, the appropriate governance of substantial financial inflows is also critically important, ensuring that these transfers result in actual SD benefits instead of undermining development by inducing rentseeking behaviour and crowding out manufacturing activity (Strand, 2009). Insights from the governance of resource rents and aid flows can provide guidance on these issues, for example, by identifying best practices with regard to transparency and revenue management.…”

Section: Financing Renewable Energymentioning

confidence: 99%

Renewable Energy in the Context of Sustainable Development

Sathaye¹,

Lucon²,

Rahman³

et al. 2011

Renewable Energy Sources and Climate Change Mitigation

102

107

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Section: Financing Renewable Energymentioning

confidence: 99%

Renewable Energy in the Context of Sustainable Development

Sathaye¹,

Lucon²,

Rahman³

et al. 2011

Renewable Energy Sources and Climate Change Mitigation

102

107

View full text Add to dashboard Cite

“…Strand, 2009) underline the 'revenue management' issues in the case of a large transfer of emissions allowances, including the so-called 'Dutch disease', i.e. the transfer of emission allowances causes real exchange rate appreciation, which in turn entails a decrease in industrial competitiveness.…”

Section: Why a Global Emissions Cap Is Unlikely But Abatement In Devmentioning

confidence: 99%

Sectoral targets for developing countries: combining ‘common but differentiated re-sponsibilities’ with ‘meaningful participation’

2011

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“…Strand, 2009) underline the "revenue management" issues in case of a large transfer of emissions allowances, including the so-called "Dutch disease", i.e. the decrease in industry competitiveness entailed by the real exchange rate appreciation caused by the transfer.…”

Section: Why a Global Emission Cap Is Unlikely But Abatement In Devementioning

confidence: 99%

Sectoral Targets for Developing Countries: Combining 'Common but Differentiated Responsibilities' with 'Meaningful Participation'

2009

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SummaryAlthough a global cap-and-trade system is seen by many researchers as the most costefficient solution to reduce greenhouse gas emissions, developing countries governments refuse to enter into such a system in the short term. Hence, many scholars and stakeholders, including the European Commission, have proposed various types of commitments for developing countries that appear less stringent, such as sectoral approaches. In this paper, we assess such a sectoral approach for developing countries. More precisely, we simulate two policy scenarios in which developed countries continue with Kyoto-type absolute commitments, whereas developing countries adopt an emission trading system limited to electricity generation and linked to developed countries' cap-andtrade system. In a first scenario, CO 2 allowances are auctioned by the government, which distributes the auctions receipts lump-sum to households. In a second scenario, the auction receipts are used to reduce taxes on, or to give subsidies to, electricity generation. Our quantitative analysis, led with a hybrid general equilibrium model, shows that such options provide almost as much emission reductions as a global cap-and-trade system. Moreover, in the second sectoral scenario, GDP losses in developing countries are much lower than with a global cap-and-trade system and so is the impact on the electricity price. AbstractAlthough a global cap-and-trade system is seen by many researchers as the most cost-efficient solution to reduce greenhouse gas emissions, developing countries governments refuse to enter into such a system in the short term. Hence, many scholars and stakeholders, including the European Commission, have proposed various types of commitments for developing countries that appear less stringent, such as sectoral approaches.In this paper, we assess such a sectoral approach for developing countries. More precisely, we simulate two policy scenarios in which developed countries continue with Kyoto-type absolute commitments, whereas developing countries adopt an emission trading system limited to electricity generation and linked to developed countries' cap-and-trade system. In a first scenario, CO 2 allowances are auctioned by the government, which distributes the auctions receipts lump-sum to households. In a second scenario, the auction receipts are used to reduce taxes on, or to give subsidies to, electricity generation.Our quantitative analysis, lead with a hybrid general equilibrium model, shows that such options provide almost as much emission reductions as a global cap-and-trade system. Moreover, in the second sectoral scenario, GDP losses in developing countries are much lower than with a global cap-and-trade system and so is the impact on the electricity price. KeywordsSectoral approach, sectoral target 1 CIRED, Chaire Paris-Tech « Modélisation Prospective au service du Développement Durable ».

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“Revenue Management” Effects Related to Financial Flows Generated by Climate Policy

Cited by 10 publications

References 76 publications

Renewable Energy in the Context of Sustainable Development

Renewable Energy in the Context of Sustainable Development

Sectoral targets for developing countries: combining ‘common but differentiated re-sponsibilities’ with ‘meaningful participation’

Sectoral Targets for Developing Countries: Combining 'Common but Differentiated Responsibilities' with 'Meaningful Participation'

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