Green Shift to Sustainability: Co-benefits and Impacts of Energy Transformation

Ener­gy trans­for­ma­tion toward 100 per­cent renew­able ener­gy is desir­able and inevitable. New ener­gy sys­tems, based on effi­cien­cy, renew­ables, stor­age and smart man­age­ment, are cheap­er to build, run and main­tain. They har­vest free envi­ron­men­tal flows, often for self-con­sump­tion. Fos­sil fuel extrac­tion and com­mod­i­ty trade will end, as fos­sil asset val­ues erode in a shrink­ing sec­tor that los­es its role in cap­i­tal for­ma­tion, inter­na­tion­al trade, eco­nom­ic activ­i­ty and gov­ern­ment rev­enue. Ener­gy trans­for­ma­tion is ben­e­fi­cial over­all, and yet it may pro­duce mis­lead­ing sig­nals in out­dat­ed sta­tis­tics. Inter­na­tion­al orga­ni­za­tions and the Task Force on Cli­mate-relat­ed Finan­cial Dis­clo­sures should address this para­dox in joint reports to the Group of Twen­ty lead­ers, min­is­ters of finance and cen­tral bank gov­er­nors.

Pub­lika­tion­s­jahr
2017

Quote
Krae­mer, R. A. (2017): Green Shift to Sus­tain­abil­i­ty: Co-ben­e­fits and Impacts of Ener­gy Trans­for­ma­tion. — CIGI Pol­i­cy Brief, 109.

Links
http://publications.iass-potsdam.de/pubman/item/escidoc:2293916:6/component/escidoc:2293914/2293916.pdf
https://www.cigionline.org/publications/green-shift-sustainability-co-benefits-and-impacts-energy-transformation

IASS Authors
Dr Sebas­t­ian Hel­gen­berg­er
R. Andreas Krae­mer
Son­ja Thielges