Swapping Fossil Fuel Subsidies for Sustainable Energy

Swapping Fossil Fuel Subsidies for Sustainable Energy

Underpricing of fossil fuels, caused by subsidies, drives carbon intensive consumption. Reforming fossil fuel subsidies and allocating some of the savings to sustainable energy could accelerate a transition to fairer, safer, cleaner and more sustainable energy systems. This report outlines the Nordic Council of Ministers’ work to promote these swaps through the development of a business model and description of the link between fossil fuel subsidies, reforms and carbon emissions. The report evaluates potential swaps to increase industrial energy efficiency in the mining sector, in the context of energy sector reforms in Zambia; and the replacement of butane subsidies with solar investments in Morocco. The report also presents an outline of how Nordic countries are supporting reforms and driving the swaps agenda as part of Nordic Solutions to Global Challenges.


Author
Publisher Nordic Council of Ministers
Release Date
ISBN 9289359110
Pages 74 pages
Swapping Fossil Fuel Subsidies for Sustainable Energy
Language: en
Pages: 74
Authors: Richard Bridle
Categories: Business & Economics
Type: BOOK - Published: 2018-12-07 - Publisher: Nordic Council of Ministers

Underpricing of fossil fuels, caused by subsidies, drives carbon intensive consumption. Reforming fossil fuel subsidies and allocating some of the savings to su
Making the Switch
Language: en
Pages: 81
Authors: Merrill, Laura
Categories: Political Science
Type: BOOK - Published: 2017-05-10 - Publisher: Nordic Council of Ministers

This report estimates fossil fuel subsidies to be around USD 425 billion. Such subsidies represent large lost opportunities for governments to invest in renewab
Making the Switch
Language: en
Pages:
Authors: Laura Merrill
Categories:
Type: BOOK - Published: 2017 - Publisher:

Subsidy Swap
Language: en
Pages: 28
Authors:
Categories: Electronic books
Type: BOOK - Published: 2018 - Publisher:

Subsidy Swap: Reducing fossil fuel subsidies through energy efficiency and renewable energy in Zambia, October 2018
Language: en
Pages: 0
Switching to Renewable Power
Language: en
Pages: 286
Authors: Volkmar Lauber
Categories: Science
Type: BOOK - Published: 2012 - Publisher: Earthscan

Renewable energy has enjoyed relatively good - and sometimes extraordinary - growth in recent years, in particular photovoltaics and wind; but it will be diffic
Financing Clean Energy Access in Sub-Saharan Africa
Language: en
Pages: 197
Authors: Bruno Michoud
Categories: Business & Economics
Type: BOOK - Published: 2021-07-15 - Publisher: Springer Nature

This open access book analyses barriers and challenges associated with the financing of clean energy access in sub-Saharan Africa. By considering various econom
Climate And Development
Language: en
Pages: 536
Authors: Anil Markandya
Categories: Business & Economics
Type: BOOK - Published: 2021-11-29 - Publisher: World Scientific

The 2015 Paris Accord stated the aim to limit the increase in global mean temperatures to 2ºC compared to pre-industrial levels and if possible, keep it down t
Economics of the SDGs
Language: en
Pages: 209
Authors: Edward B. Barbier
Categories: Business & Economics
Type: BOOK - Published: 2021-07-28 - Publisher: Springer Nature

This is the first book that employs economics to develop and apply an analytical framework for assessing progress towards the Sustainable Development Goals (SDG
Economics for a Fragile Planet
Language: en
Pages: 250
Authors: Edward Barbier
Categories: Business & Economics
Type: BOOK - Published: 2022-03-31 - Publisher: Cambridge University Press

As global environmental challenges mount, this book offers a policy blueprint for building a safer, sustainable and more inclusive world.