Towards a Green Energy Economy? Assessing policy choices, strategies and transitional pathways
(2016) In Applied Energy 179. p.1283-1292- Abstract
The term ‘Green Energy Economy’ (GEE) received increasing policy and scientific attention following the 2008–2009 global financial crisis, leading to the implementation of numerous ‘Green Growth’ economic stimulus packages that targeted low-carbon energy technologies. These initiatives were portrayed as key elements in the transition to a green economy, in which low-carbon energy systems would play a vital role. However, and setting aside conceptual variations, uncertainties and fragmented knowledge remain in the interplay between a green economy, low-carbon energy systems and governance. This research area raises various questions regarding the performance, implications and complexities of policies and strategies addressing GEE... (More)
The term ‘Green Energy Economy’ (GEE) received increasing policy and scientific attention following the 2008–2009 global financial crisis, leading to the implementation of numerous ‘Green Growth’ economic stimulus packages that targeted low-carbon energy technologies. These initiatives were portrayed as key elements in the transition to a green economy, in which low-carbon energy systems would play a vital role. However, and setting aside conceptual variations, uncertainties and fragmented knowledge remain in the interplay between a green economy, low-carbon energy systems and governance. This research area raises various questions regarding the performance, implications and complexities of policies and strategies addressing GEE transitional pathways. In addition, achieving a GEE compatible with climate, social and economic goals is an enormous challenge for society, and goes beyond the technological domain. This special issue provides a series of articles that critically investigate these concerns from an interdisciplinary point of view, and provide relevant policy insights using a variety of analytical approaches. Overall, they call for strong leadership, ambitious policy instruments, rigorous assessments, effective multi-level governance, inter/national cooperation, institutional capacity development, and the immediate alignment of the financial system with the energy sector on numerous challenges associated with the GEE transition. It is concluded that not only from an environmental point of view, but also due to economic and social reasons, the GEE transition needs to be accelerated and that a radical transformation is required.
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- author
- Mundaca, Luis LU ; Neij, Lena LU ; Markandya, Anil ; Hennicke, Peter LU and Yan, Jinyue
- organization
- publishing date
- 2016-10-01
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Green Energy Economy, Green growth, Low-carbon energy technologies, Policies and strategies, Transitional pathways
- in
- Applied Energy
- volume
- 179
- pages
- 10 pages
- publisher
- Elsevier
- external identifiers
-
- wos:000383291800104
- scopus:84989922839
- ISSN
- 0306-2619
- DOI
- 10.1016/j.apenergy.2016.08.086
- project
- Behavioural economics for energy and climate change policies and the transition to a sustainable energy system.
- Policy Intervention for a Competitive Green Energy Economy
- language
- English
- LU publication?
- yes
- id
- 5e68eef0-f672-43bb-b664-3c2d6f4b9be4
- date added to LUP
- 2016-10-25 09:31:04
- date last changed
- 2024-08-23 23:08:45
@article{5e68eef0-f672-43bb-b664-3c2d6f4b9be4, abstract = {{<p>The term ‘Green Energy Economy’ (GEE) received increasing policy and scientific attention following the 2008–2009 global financial crisis, leading to the implementation of numerous ‘Green Growth’ economic stimulus packages that targeted low-carbon energy technologies. These initiatives were portrayed as key elements in the transition to a green economy, in which low-carbon energy systems would play a vital role. However, and setting aside conceptual variations, uncertainties and fragmented knowledge remain in the interplay between a green economy, low-carbon energy systems and governance. This research area raises various questions regarding the performance, implications and complexities of policies and strategies addressing GEE transitional pathways. In addition, achieving a GEE compatible with climate, social and economic goals is an enormous challenge for society, and goes beyond the technological domain. This special issue provides a series of articles that critically investigate these concerns from an interdisciplinary point of view, and provide relevant policy insights using a variety of analytical approaches. Overall, they call for strong leadership, ambitious policy instruments, rigorous assessments, effective multi-level governance, inter/national cooperation, institutional capacity development, and the immediate alignment of the financial system with the energy sector on numerous challenges associated with the GEE transition. It is concluded that not only from an environmental point of view, but also due to economic and social reasons, the GEE transition needs to be accelerated and that a radical transformation is required.</p>}}, author = {{Mundaca, Luis and Neij, Lena and Markandya, Anil and Hennicke, Peter and Yan, Jinyue}}, issn = {{0306-2619}}, keywords = {{Green Energy Economy; Green growth; Low-carbon energy technologies; Policies and strategies; Transitional pathways}}, language = {{eng}}, month = {{10}}, pages = {{1283--1292}}, publisher = {{Elsevier}}, series = {{Applied Energy}}, title = {{Towards a Green Energy Economy? Assessing policy choices, strategies and transitional pathways}}, url = {{http://dx.doi.org/10.1016/j.apenergy.2016.08.086}}, doi = {{10.1016/j.apenergy.2016.08.086}}, volume = {{179}}, year = {{2016}}, }