scholarly journals Should Countries Fire Sell their Oil & Gas Assets? Addressing the Mis-conceptions Surrounding the Continued Role of Fossil Fuels in the Energy Transition Era

2021 ◽  
Vol 11 (2) ◽  
pp. 432-440
Author(s):  
Victoria R. Nalule ◽  
Xiaoyi (Shawn) Mu

Access to modern energy such as electricity is key in the economic development of any country, and yet over 600 million people remain with no access to electricity in developing countries. It is true that both renewable energy and fossil fuels are key in the achievement of the United Nations Sustainable Development (UN SDG) Goal 7 and Goal 1 on energy access and poverty eradication respectively. However, the current global efforts to transition to a low carbon economy, and tackle climate change as stipulated in the SDG 13 and the 2015 Paris Agreement, have created a lot of tension on fossil fuel developments in recent years.This commentary article is presented as a question and answer session aimed at addressing the misconceptions surrounding the achievement of SDG 7 and SDG 13 in this energy transition era. The paper is of interest to oil producing countries. The article follows the various questions raised by policymakers during an online seminar delivered by both the authors entitled, ‘Fossil Fuels in the Energy Transition Era’.

2021 ◽  
Vol 12 (1) ◽  
pp. 1-48
Author(s):  
Victoria Nalule ◽  
Theophilus Acheampong

The global move to tackle climate change as envisaged in the 2015 Paris Agreement has necessitated debates and action geared towards transitioning to a low carbon economy. Although there is no agreed international definition of energy transition, the focus has been put to a shift from fossil fuels to renewables. This paper is intended to contribute to the global debate on energy transition with a focus on the initiatives taking place in a few selected countries. The argument in this paper is to the effect that many developing countries still need fossil fuels to tackle energy access challenges and ensure economic growth. Nevertheless, this does not in any way mean that these countries are climate change deniers. In this respect, the question to be addressed in this article is how can we measure energy transition efforts in developing countries? In responding to this question, the article attempts to develop and analyse some key energy transition indicators.


Author(s):  
Muntasir Murshed ◽  
Zahoor Ahmed ◽  
Md Shabbir Alam ◽  
Haider Mahmood ◽  
Abdul Rehman ◽  
...  

Author(s):  
Joseph Romm

This chapter will focus on the clean energy revolution and the technologies most widely discussed for a transition to a low carbon economy. It will explore the scale of the energy transition needed to explain why some energy technologies are considered likely to be major...


2019 ◽  
Vol 27 (2) ◽  
pp. 185-199 ◽  
Author(s):  
James W.N. Steenberg ◽  
Peter N. Duinker ◽  
Irena F. Creed ◽  
Jacqueline N. Serran ◽  
Camille Ouellet Dallaire

In response to global climate change, Canada is transitioning towards a low-carbon economy and the need for policy approaches that are effective, equitable, coordinated, and both administratively and politically feasible is high. One point is clear; the transition is intimately tied to the vast supply of ecosystem services in the boreal zone of Canada. This paper describes four contrasting futures for the boreal zone using scenario analysis, which is a transdisciplinary, participatory approach that considers alternative futures and policy implications under conditions of high uncertainty and complexity. The two critical forces shaping the four scenarios are the global economy’s energy and society’s capacity to adapt. The six drivers of change are atmospheric change, the demand for provisioning ecosystem services, the demand for nonprovisioning ecosystem services, demographics, and social values, governance and geopolitics, and industrial innovation and infrastructure. The four scenarios include: (i) the Green Path, where a low-carbon economy is coupled with high adaptive capacity; (ii) the Uphill Climb, where a low-carbon economy is instead coupled with low adaptive capacity; (iii) the Carpool Lane, where society has a strong capacity to adapt but a reliance on fossil fuels; and (iv) the Slippery Slope, where there is both a high-carbon economy and a society with low adaptive capacity. The scenarios illustrate the importance of transitioning to a low-carbon economy and the role of society’s adaptive capacity in doing so. However, they also emphasize themes like social inequality and adverse environmental outcomes arising from the push towards climate change mitigation.


Author(s):  
Francisco J. Lozano ◽  
Miguel Ángel Gijón-Rivera ◽  
María E. Huertas-Bolaños

2014 ◽  
Vol 675-677 ◽  
pp. 1731-1734
Author(s):  
Fan Wu ◽  
Zhen Chen

In the background of climate issues of much worldwide attention, developing low carbon economy has become the mutual choice of all countries in the world. China is now currently facing serious international emission reduction pressure and economy development energy environment restriction. Japan, as an island country with extremely poor energy, is the most active advocator and promoter of low carbon economy, and through many years of low carbon development, it has accumulated rich experience. This paper discusses Japanese environment protection and low carbon path from the mutual interaction role of Japanese garbage classification recycling and low carbon economy, so as to combine Jilin Province garbage disposal feature to analyze our province to refer to the garbage processing mode.


2021 ◽  
Vol 48 (2) ◽  
Author(s):  
Carlos Andrés Gallego

The deployment of renewable energy technologies will play a crucial role in the global transition to a low-carbon economy and ultimately in the fight against global warming. However, this transition could face important problems because most of those technologies rely on the steady supply of critical minerals. Colombia, thanks to its hydrological resources, has relied on the hydro­power for electricity generation. However, the government has implemented measures to back-up the energy system in draught periods and, consequently, fossil fuels-based plants have increased the market share and with these, CO2 emissions. This study assesses the mineral demand in Colombia in the period 2020-2050 for the rare earth elements embedded in the deployment of wind power technologies in four different climate policy scenarios in order to establish whether they could face geological bott­lenecks that could ultimately hamper the transition to a low-carbon economy. The Gigawatts (GW) of future capacity additions in the energy system are converted into tons of metal using published metal intensities of use and assumptions of Colombia’s technological pathway. Then, the cumulated mineral demand is compared against current mining production rates and geological reserves to establish geological bottlenecks. The results show that the reserves will not pose any threat to its transition. However, when compared to current mining rates, the mineral demand in 2050 could pose a problem for the supply of minerals. Finally, this study gives some policy recommendations that could be used to mitigate these issues, such as substitution, improved circular economy and sound technological choices.


2012 ◽  
Author(s):  
James Meadowcroft ◽  
Glen Toner ◽  
Constandina Kutziubas ◽  
Milana Simikian ◽  
Leela Steiner

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