scholarly journals Economic Dynamic Modelling of Climate Policy in Poland

2021 ◽  
Vol 8 (55) ◽  
pp. 246-255
Author(s):  
Olga Kiuila ◽  
Emilia Lewczuk

Abstract Poland is responsible for 9% of CO2 emission in the European Union (EU), making it the fifth biggest emitter in the region. The energy sector is dominated by electricity produced from coal (around 70%). The country currently uses massive subsidies to boost the coal sector. We propose a dynamic intertemporal hybrid general equilibrium model to simulate the economic effects of sector regulations and new policy targets within environmental taxation scenarios, by accounting for a complex set of linkages between the energy sector and other components of the economy. Our simulation results suggest that positive economic growth is possible with a realistic energy mix, but it will not offer considerable emission reduction, as required by the European Commission. In the short-time horizon, the best choice is renewable energy sources indicated by less capital-intensive technologies (such as biomass). In the long-time horizon, more capital-intensive technologies (such as wind turbines) will be a better choice for economic growth. Carbon tax plays a crucial role in optimal energy mix targets, since its elimination ceteris paribus implies negative economic growth.


Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 878 ◽  
Author(s):  
Oliwia Pietrzak ◽  
Krystian Pietrzak

This paper focuses on effects of implementing zero-emission buses in public transport fleets in urban areas in the context of electromobility assumptions. It fills the literature gap in the area of research on the impact of the energy mix of a given country on the issues raised in this article. The main purpose of this paper is to identify and analyse economic effects of implementing zero-emission buses in public transport in cities. The research area was the city of Szczecin, Poland. The research study was completed using the following research methods: literature review, document analysis (legal acts and internal documents), case study, ratio analysis, and comparative analysis of selected variants (investment variant and base variant). The conducted research study has shown that economic benefits resulting from implementing zero-emission buses in an urban transport fleet are limited by the current energy mix structure of the given country. An unfavourable energy mix may lead to increased emissions of SO2 and CO2 resulting from operation of this kind of vehicle. Therefore, achieving full effects in the field of electromobility in the given country depends on taking concurrent actions in order to diversify the power generation sources, and in particular on increasing the share of Renewable Energy Sources (RES).



2020 ◽  
Vol 4 ◽  
pp. 93-107
Author(s):  
Dominika Czapla

For many years, the future of energy has been one of the most important problems and challenges for both national and global policy making. It is related to the high responsibility of the energy sector for climate change on Earth, but also for caring about ensuring sufficient energy for the future generations. Thus, energy policy is an important pillar of maintaining, broadly understood as internal security of the country. The biggest challenge related to ensuring energy security of the European Union is the diversification of energy sources. Member States are trying to tackle this challenge in two ways. Firstly, through the development of renewable energy, and secondly, looking for new channels for the supply of non-renewable energy. The restructuring of the energy sector, which has taken place in recent years, in accordance with the guidelines of the European Union, aims to intensify the use of environmentally friendly renewable energy sources. Equally important is the construction of the Nord Stream 2 and Turk Steam gas pipelines, which has been ongoing for several years, which raises much controversy in the Member States. The article is an analysis of the opportunities and challenges facing the European Union related to ensuring stable energy supplies to European citizens.



2020 ◽  
Vol 3 (1) ◽  
pp. 394-406
Author(s):  
Aleksandra Sulik-Górecka

AbstractConventional energy sources dominate in the Polish energy sector, which is a huge risk to meeting environmental protection requirements. Polish energy companies are facing challenges related to meeting the requirements of the European Union and the National Energy Policy. The paper attempts to answer the question whether the ongoing discussion on the future of the energy sector, dealing with such issues as development of renewable energy sources is reflected in the annual financial reports of companies listed on the Warsaw Stock Exchange and covered by the WIG_ENERGY index. This study contributes to the extant literature on financial disclosures in several ways. First, the examination of compliance of segment reporting of selected companies listed on the Polish stock exchange with International Reporting Standards (IFRS) was carried out (particularly IFRS 8 – Operating Segments). Second, the information value of disclosures for investors in the energy industry was assessed. The empirical part was preceded by a description of segment reporting principles in accordance with IFRS 8 and the summary of challenges facing the energy sector in Poland.



Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 5107
Author(s):  
Jarosław Gryz ◽  
Barbara Kaczmarczyk

(1) Introduction: The European Union is a global leader in the transition to a low-carbon economy. The community’s population has already reduced greenhouse gas emissions by 22%, while the gross domestic product (GDP) in its member states increased by 58% between 1990 and 2017. The Union has shown that economic growth is possible in the link between politics, nature, and the citizens’ eco-empathy. It has implications for both the European and global economy, infrastructure, food production, public health, and biodiversity, the formula for political stability. The hallmark of the European Union is the blending of politics, culture, and nature in its quest for climate neutrality. The community’s horizon is a zero-emission economy by 2050. (2) Theoretical framework: The cognitive assumptions of the article are the following theses: 1. The Union strives to accelerate the transition process to a regenerative growth model using technologies for obtaining and distributing energy for individual and collective needs; 2. The Union and the European citizens want to hand over more to planet Earth than they take away from it, thus making progress toward keeping resource consumption within planetary limits. 3. The Union aims to reduce its consumption footprint and double the rate of applying closed-loop materials in the next decade. Finally, it fits in with the organization’s policy projections. (3) Methodology and research results: Qualitative and quantitative research methods were used in the research process. The literature has been analyzed on the subject and the applicable legal acts, making it possible to classify, generalize, describe, and systematize the facts collected during the research. A survey was conducted on 1106 students, and in-depth interviews were conducted with three energy experts: Krzysztof Tomaszewski (the University of Warsaw, researcher and lecturer on energy security issues), Dariusz Pachniewski (inventor in energy sector, businessman in hydrogen energy sector), and Tomoho Umeda (President of Polish Chamber of Commerce). The research aimed to identify the environmental and energy awareness, knowledge of renewable energy sources, and opinions of young Poles on their use in two areas: home and work. (4) Discussion: The reinforced narrative of creating a low-carbon society, a green economy, was adapted and evaluated for innovative individual and collective approaches in the research conducted in this paper. In the quantitative and qualitative samples, the assumptions made were double-checked. The former verified the students’ views, while the latter, the experts’ views. The procedure established the directions of knowledge evolution and approach to technologies and innovations among students of technical faculties related to the energy sector. There were existing individual and collective mental constructs on energy transition and climate neutrality identified. (5) Conclusions: The surveys conducted among university students of energy-related majors and specialties and experts revealed important information. First, it concerned the way knowledge is communicated and how it is interpreted; second, informing and implementing the European Union’s climate policy; third, the creation of a low-carbon society; fourth, the perception of climate neutrality among young Poles, and finally, preferences in energy generation and use in homes and businesses.



Mathematics ◽  
2020 ◽  
Vol 8 (8) ◽  
pp. 1367 ◽  
Author(s):  
Mihail Busu

Energy is one of the most important drivers of economic growth, but as the population is increasing, in normal circumstances, in all countries of the world, there is a demand for energy produced from conventional resources. Increasing prices of conventional energy and the negative impact on the environment are two of the main reasons for switching to renewable energy sources (RESs). The aim of the paper is to quantify the impact of the RESs, by type, on the sustainable economic growth at the European Union (EU) level. The research was performed for all 28 EU member states, for a time frame from 2004 to 2017, through a panel autoregressive distributed lag (ARDL) approach and causality analysis. Furthermore, Hausman test was performed on the regression model. By estimating the panel data regression model with random effects, we reveal through our results that RESs, namely wind, solar, biomass, geothermal, and hydropower energy, have a positive influence on economic growth at EU level. Moreover, biomass has the highest impact on economic growth among all RES. In fact, a 1% increase in biomass primary production would impact the economic growth by 0.15%. Based on econometric analysis, our findings suggest that public policies at the EU level should be focused on investment in RESs.



Author(s):  
Łukasz Paluch ◽  
Mariusz Dacko

The paper addresses the problem of energy sustainability of European Union countries in terms of renewable energy sources, energy consumption levels as well as energy dependency and energy intensity of the economy. The aim of the study was to identify and assess the key characteristics of the energy sector of EU members states between 2006 and 2016 using taxonomy, which is one of the basic tools in a multi-dimensional comparative analysis. The analysis revealed that, despite common challenges, different member states showed varied levels of the implementation of EU climate and energy targets. In terms of the approach to the production and consumption of primary energy, EU countries can be divided into two groups. In most Western European countries, energy production is mainly based on renewable sources. However, it only meets a small portion of the domestic economy’s needs. In contrast, Central Eastern European countries are characterized by greater concentration on aspects of self-sufficiency and security of own energy systems. In such countries, the share of renewable sources in overall energy generation is smaller.



Energies ◽  
2021 ◽  
Vol 14 (19) ◽  
pp. 6030
Author(s):  
Tomasz Jałowiec ◽  
Henryk Wojtaszek

There is a need to reduce carbon-based energy and replace it with clean energy in order to counteract the negative effects of climate change. The increase in renewable energy sources may result in savings and the increasing cost of maintaining carbon-based energy. Worldwide involvement is required. The fulfillment of conditions by individual states does not solve the problem. The COVID-19 pandemic has slowed economic growth. It turns out that economic growth is not always associated with increased investments in RES (existing or emerging new clean energy points). We have a new epidemiological threat—Delta—which could become large. This will not improve the situation. Germany is an exemplary country for benchmarking in the field of renewable energy. The worrying fact is that Poland, despite economic growth, does not achieve an even growth in RES. Each of us is required to be involved, to be open to innovation and to act in accordance with the energy policy of the European Union. Basic management functions (planning, organizing, motivating and controlling) are also essential. Failure to meet the demands of the energy policy should be thoroughly verified and consequences should be drawn in order to involve the whole world. The authors thoroughly analyzed many factors that have a significant impact on the success in stopping climate change and increasing RES. With the increase in energy demand, renewable energy is introduced to a greater extent. Additionally, coal energy will be more expensive to maintain. The more RES, the more expensive the energy obtained from mine sources. The investment is an opportunity to meet the demands of RES, but investors are currently only interested in investing in renewable energy in highly developed countries. The decision-making process regarding the implementation of renewable energy sources not only consists in a radical decision to introduce changes, but also in the fulfillment of a number of assumptions regarding the energy policy controlled by the authorities of a given state as part of this action. There is a risk (fear) in underdeveloped countries that they will not be able to finalize this project, either due to the lack of investor interest or the lack of real opportunities due to the failure to meet the guidelines of the energy policy of a given country. It is advisable that state governments facilitate the process as much as possible so that even less developed countries could take advantage of this postulate.



Author(s):  
Ilona Yasnolob ◽  
Nataliia Demianenko ◽  
Kseniia Chernenko

The article provides a conceptual justification of the bioeconomy strategy. It is determined that the problem of limited fossil resources and the provision of food, medicines, environmental pollution encourages the search for alternatives to traditional production. It has been established that the bioeconomy is an element of poverty reduction and the transition to global sustainable development. Modern bioeconomy - the production of materials, food and feed, fuel and much more from biological resources. The bioeconomy can offer resource-efficient, environmentally friendly and sustainable systems for the production of food, feed, fuel and agro-industrial products with added value and, consequently, a healthier and more prosperous future. The concept of bioeconomy requires: active interaction with stakeholders throughout the bioenergy production process; transparent exchange of information on social, economic and environmental costs and benefits; constant monitoring; joint work to identify and implement best practices. It is noted that the mechanism of bioeconomy management is aimed at clearly identifying alternative ways to achieve the development of the bioeconomy, and the definition of political, institutional principles and bioeconomic strategies. The ways of transformation related to the bioeconomy are formed. The main political priorities of the bioeconomy strategy of the European Union are investigated. The general issues of the Concept of the State Strategy for the Development of the Bioeconomy of Ukraine until 2030, coordinated by the Council for the Development of the Bioeconomy, are considered. Its main task is to create a more innovative, resource-efficient and competitive economy that reconciles food security with the sustainable use of renewable energy sources and resources for industrial purposes. Bioeconomics is considered in the following aspects: 1. Biotechnology - more technologically focused on economic growth and job creation through the use of biotechnology and commercialization of research and technology. 2. Bioresource - focused on achieving economic growth and sustainability through the transformation and improvement of biological resources for use by society. 3. Bioecology - sustainability and promotion of the bioeconomy primarily to protect ecosystems and prevent degradation. This aspect is least noticeable in existing bioeconomy strategies, but there has been some growth.



2014 ◽  
Vol 17 (2) ◽  
pp. 45-60
Author(s):  
Agnieszka Pach-Gurgul

The utilisation of renewable energy in the European Union seems, at the present stage of energy policy development, inevitable. It offers many benefits, including, above all: the possibility of increasing the energy security of a given state or region thanks to the diversification of the sources of energy supply, the limitation of imports from energy suppliers, such as of natural gas or oil, thus reducing dependence on imported fossil fuels, ecological effects connected with the elimination of greenhouse gas emissions and other substances harmful to the natural environment, economic and social benefits, such as the creation of new jobs. The Climate and Energy Package obliges member states to pursue a common aim – to increase the share of renewable energy to 20% in the general energy balance of the European Union by 2020. This is a challenging task, since the renewable energy sector requires significant financial support to increase its competitiveness, compared to traditional energy sources. When adopting the Energy Package, leaders of member states did not anticipate the economic crisis and its impact on the European Union’s economy, and on the energy sector in particular.  



Equilibrium ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 235-251 ◽  
Author(s):  
Jana Chovancová ◽  
Juraj Tej

Research background: The production and use of energy satisfies human needs, but also gives rise to a host of adverse environmental pressures, such as air pollution and waste generation. The issue of energy efficiency and climate chance resonates in the energy sector as one of the main producers of green-house gas emissions (GHG). While the European Union in general is doing well in reducing emissions and increasing the share of renewables, unfortunately, there are countries that are still far from reaching their goal. Purpose of the article: The paper is focused on the quantitative assessment of the link between the economic growth of the energy sector and the production of GHG emissions by the energy sector in V4 countries during the period 1995–2016. For this purpose, decoupling analysis will be realized. Methods: The decoupling of economic growth and the environmental pressures caused by this growth has a rich tradition within the sustainable development literature. The decoupling method was chosen for its ability to link economic and environmental indicators. Decoupling elasticity will be calculated with the aim of assessing the relationship between the economic growth of the energy sector (measured in GVA) and GHG emissions produced by the energy sector in V4 countries within the research period. Decoupling elasticity indicates different forms of the decoupling and coupling of the two variables. Findings & Value added: The results of the analysis suggest the prevailing strong decoupling of the economic growth of the energy sector and GHG emissions produced by the energy sector, which can be considered a positive trend. The findings of this paper are relevant for the government, state and public institutions and stakeholders in general, who play important roles in the preparation of programs, projects and policies to make energy generation, transport and use more efficient and environmentally sustainable.



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