By Laura Diaz Anadon, Assistant Professor of Public Policy; Associate Director, Science, Technology, and Public Policy Program; Co-PI, Energy Technology Innovation Policy research group, Valentina Bosetti, Gabe Chan, Research Fellow, Energy Technology Innovation Policy research group, Gregory Nemet, Former Visiting Scholar, Science, Technology, and Public Policy Program/Energy Technology Innovation Policy research group, January–June 2011 and Elena Verdolini
Characterizing the future performance of energy technologies can improve the development of energy policies that have net benefits under a broad set of future conditions. In particular, decisions about public investments in research, development, and demonstration (RD&D) that promote technological change can benefit from (1) an explicit consideration of the uncertainty inherent in the innovation process and (2) a systematic evaluation of the tradeoffs in investment allocations across different technologies. To shed light on these questions, over the past five years several groups in the United States and Europe have conducted expert elicitations and modeled the resulting societal benefits. In this paper, the authors discuss the lessons learned from the design and implementation of these initiatives.
"Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies Through a Future International Agreement"
Linkage among emissions-reduction systems can reduce cost and advance equity, enhancing the chances for success of a new 2015 climate agreement.
China has ambitious goals for developing and deploying electric vehicles (EV). The stated intention is to “leapfrog” the auto industries of other countries and seize the emerging EV market. Since 2009, policies have included generous subsidies for consumers in certain locations, as well as strong pressure on local governments to purchase EVs. Yet four years into the program, progress has fallen far short of the intended targets. China has only about 40,000 EVs on the road, of which roughly 80% are public fleet vehicles such as buses and sanitation vehicles.
The authors explore relationships among emissions-reduction commitments, investment in low-carbon technology, border-carbon adjustments, and international collaboration to address climate change.
March 11, 2014
By Trevor Findlay, Senior Research Fellow, Project on Managing the Atom/International Security Program
There has been much speculation as to what might replace the Nuclear Security Summits after 2016. One candidate touted as a suitable inheritor of the summits’ mantle is the International Atomic Energy Agency. In this discussion paper, Trevor Findlay examines whether and to what extent the IAEA could and should do so, what form its role might take, and how the Agency and summiteers might prepare for such an eventuality.
This discussion paper explores the potential adverse impacts of unilateral climate policies on domestic energy-intensive and trade-exposed industries.
By Scott Moore, Former Giorgio Ruffolo Postdoctoral Research Fellow, Sustainability Science Program/Energy Technology Innovation Policy research group, 2012–2014
Northern China's Yellow River is experiencing conditions of acute water scarcity, which has become an issue of growing concern to scholars, policymakers, and the public at large in both China and abroad. This Discussion Paper analyzes the current and future response of the Chinese government to conditions of water scarcity in the Yellow River Basin.
"The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond"
The authors evaluate the consistency of economic incentives and climate objectives in Europe, with regard to energy markets. In this context, they examine policy interactions between the EU-ETS and Europe's renewable target—and the role of natural gas in a transition to a low-carbon economy.
The comparability of domestic actions to mitigate global climate change has important implications for the stability, equity, and efficiency of international climate agreements. the authors examine a variety of metrics that could be used to evaluate countries' climate change mitigation effort and illustrate their potential application for large developed and developing countries.
The author finds that, in theory, if countries agree to negotiate an international agreement in terms of a harmonized shadow price on carbon and if passage of the agreement is conditioned on a simple majority of countries voting in favor, then the incentives that countries face can lead to their agreeing to a uniform shadow price on carbon that is close to the price that would lead to an efficient outcome in terms of emissions abatement.