1 / 20

Sustainable Energy and Climate Change: Challenges for Regional Policy Solutions

Prof. Dr. Claudia Kemfert discusses the challenges of fossil fuel scarcity and climate change and presents regional policy solutions. She emphasizes the need for sustainable energy and highlights the economic potential of green investments and technologies.

pcoleman
Download Presentation

Sustainable Energy and Climate Change: Challenges for Regional Policy Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sustainable Energy and Climate Change: Challenges for Regional Policy Solutions Prof. Dr. Claudia KemfertDeutsches Institut für Wirtschaftsforschung Hertie School of Governance Prof. Dr. Claudia Kemfert

  2. 1. Challenge: Fossil Fuel Scarcity Prof. Dr. Claudia Kemfert

  3. Facts on Energy • Global oil supply can be enlarged up to 100 Mio. barrel/day only with substantial investments in oil exploration • If oil demand will increase substantially, peak oil might be reached in 2020 • Global energy demand will double by 2030 • Especially energy demand of fast growing countries like China and India will explode • Russia/Iran: high gas reserves - what about the future? Prof. Dr. Claudia Kemfert

  4. Global Energy Demand 2005-2030- IEA 2008 Mtoe Quelle: IEA World Energy Outlook 2008 Prof. Dr. Claudia Kemfert

  5. Necessary Investments 2007- 2030 Quelle: IEA World Energy Outlook 2008 Prof. Dr. Claudia Kemfert

  6. Oil Market – Scarcity and Difficulties Global Oil Demand ? Huge Investment necessary Source: IEA World Energy Outlook 2008 Prof. Dr. Claudia Kemfert

  7. 2. Challenge: Climate Change Prof. Dr. Claudia Kemfert

  8. Projection of World Energy Related CO2 Emissions Prof. Dr. Claudia Kemfert

  9. Stern report: Are we moving in the right direction? • Costs of international climate policy with international emissions trading: 1 % of global GDP • Costs of non-action: up to 20 % of global GDP • Benefits: up to 20 % of global GDP Prof. Dr. Claudia Kemfert

  10. Carbon Leakage • Can be a problem, especially with high emission reduction goals only in one region • Environmental capital flight-reallocation of firms from abating countries to non abating countries • Solution: global climate agreement; global emissions trading system Prof. Dr. Claudia Kemfert

  11. Climate policy agreement necessary • G20: “2 °C” target : binding emission reduction target • EU: 20-20-20 target by 2020 • USA: energy efficiency improvement, renewable energy, drastic emission cut (?) • Australia (?), Canada (?), Russia (?) • UN Conferences: developing countries; adaptation fund • Fast Growing Countries will follow soon (China, India) Prof. Dr. Claudia Kemfert

  12. Solution: Climate Protection • Climate protection is economically efficient • Energy saving important (buildings, mobility) • Future markets are green markets • CO2 free, save and affordable energy is key • Coal: carbon capture and storage (CCS) • Renewable energy • Sustainable mobility • Climate change causes high costs • Climate protection offers huge economic potentials Prof. Dr. Claudia Kemfert

  13. Green Investments of Economic Programms (% Fund, % GDP) Source: Edenhofer, Stern (2009) Prof. Dr. Claudia Kemfert

  14. Economic Potentials are huge • CO2 free, safe and affordable energy technologies urgently needed • Investments in climate protection will strengthen new markets - even in financial crisis • Companies which can offer these technologies will have a competitive advantage • New emerging markets need to apply (adopt) for climate friendly technologies Prof. Dr. Claudia Kemfert

  15. Sustainable Mobility Sustainable Water Industry Recycling Economy 2030 2007-2009 Resource and Material 2004-2006 Efficiency Energy Efficiency Low Carbon Energy Production 0 5 10 15 20 25 30 35 40 in % Emerging Climate Markets – Profit Growth Potentials Source: Roland Berger, DIW Prof. Dr. Claudia Kemfert

  16. The Challenge • Time of cheap energy is over - timing is everything • Danger: wait and see - high oil price will harm the economy; climate policy will make fossil fuel more expensive • We urgently need CO2 free, save and affordable energy! 25 years for new technology to be adopted • Technological breakthrough necessary • Competitive advantage: to anticipate fuel scarcity and climate policy (bad example: car industry) • Renewable energy is the key Prof. Dr. Claudia Kemfert

  17. Potentials for Regions & Cities Green Growth • Energy saving improvement buildings (public, private: financial incentives) • Renewable Energy, CHP (de-centralized energy production) • Pilot programs renewable energy, CHP • Sustainable mobility: public transportation, electro mobility, alternative fuels • Infrastructure important! Mobility , energy • Information and cooperation between local authorities, companies and politicians Prof. Dr. Claudia Kemfert

  18. Without Local Authorities the change will not be successful Prof. Dr. Claudia Kemfert

  19. We need to solve three crisis • Financial Crisis: „Green“ Investments with growth potential instead of short term bonus to salvage 9 year old cars • Energy Crisis: Energy Saving, Improvement of Energy Efficiency, Alternatives of Oil and Fossil Fuels • Climate Crisis: Mitigation of Greenhouse Gases; Adaptation, international Climate Agreements Prof. Dr. Claudia Kemfert

  20. INNOVATION INSTEAD OF DEPRESSION! Thank you very much for your attention! www.claudiakemfert.de Prof. Dr. Claudia Kemfert

More Related