This two-volume book offers a broad range of discussions on the immense challenge of climate change, one confronting every country on the planet and forcing them to find a path towards a sustainable future that will not have disastrous consequences in relation to our chances of survival. It also presents a snapshot of the status quo, which reflects all the decisions and measures taken to date. Analyzing the consequences of the steps that will shape our future, the two volumes also reflect on important decisions at a global level that have already been taken.
This second volume on risks assessment and the political and social dimension of the green energy transition is structured into 14 chapters. International renowned scholars discuss the inherent risks that arise in consequence of the transition to the intensive use of low carbon energy sources and global warming, risks related to food and water security, as well as risks of social and political conflicts. They further examine the dependence on individual countries' industrial structures and on their socio-economic development level as challenges to climate change solutions and to the global energy policy agenda.
This book is a must-read for scholars, researchers and students, as well as policymakers interested in a better understanding of climate change, present scenarios, and alternative solutions and measures.
Author(s): Tessaleno Campos Devezas, João Carlos Correia Leitão, Yuri Yegorov, Dmitry Chistilin
Series: World-Systems Evolution and Global Futures
Publisher: Springer
Year: 2022
Language: English
Pages: 282
City: Cham
Acknowledgment
Contents
The Root Causes of Our Environmental Crises We Ignore
1 Introduction
2 Limits of Evolutionary Strengths and Psychological Biases
3 Human Population
4 Anthropocentrism
5 Myth that Technological Innovation Allows Endless Growth on a Finite Planet and that Increasing Consumption Increases Human ...
6 Conclusion
References
Risks from Transition to Low-Carbon Energies and Global Warming for FSU Countries
1 Introduction
2 The General Situation in the World Regarding Climate Change and the Assessment of Risks for the Global Economy
3 Risks of Transition to Low-Carbon Energy Carriers and of Reduction of Export of Traditional Energy Resources for EAEU Countr...
3.1 Global Transition from Fossil Fuels to Renewables
3.2 Importance of Hydrocarbons for Export of EAEU Countries
3.3 Oil
3.4 Natural Gas
3.5 Change in Global Demand for Hydrocarbons
4 Risk Assessment from Droughts, Floods, Permafrost Melting
5 Conclusions
References
The General Situation with Climate Change in the World and Risk Assessment for the Global Economy
1 Introduction
2 Global Problems at the Present Stage of Development
3 Climate Change as the Focus of Attention
4 Risks of Climate Change for the Global Economy
4.1 Global Warming Risks
4.2 Food and Water Security Risks
4.3 Natural Disaster Risks
4.4 Risks of Social Conflicts
5 Aggravation of the Consequences of Climate Change in the Context of the War in Ukraine
6 Conclusion
References
Why the Ramsey-Koopmans-Cass Model Underlying Noticeable Integrated Assessment Models Is Misleading in Economic and Climate Pr...
1 Introduction
2 The Scrutiny of Ramsey-Cass-Koopmans Model M-1
2.1 The Model Assumptions and Equations
2.2 The Stock and Flow Structure of M-1
2.3 Existence and Number of Stationary States in M-1
3 Aggravation Modes and Modification of M-1 into M-2
3.1 The 1st Aggravation Mode in M-1
3.2 The 2nd Aggravation Mode in M-1
3.3 The 3rd Aggravation Mode in M-2 with Unlimited Profit Rate
4 The Destructive Idea of Globally Stable Saddle Path in M-1
4.1 The Neglected Requirement of Material Balance
4.2 M-3 as Modified M-1 with Constant Consumption per Effective Worker
4.3 How the Movement Along Saddle Path Transforms M-1 into M-4
5 Robust Control of Capital Accumulation in R-1
5.1 Restructuring Modified Golden Rule of Accumulation in R-1
5.2 Pro-labour Strategic Choice of Golden Rule of Accumulation in R-1
6 Conclusion
Appendix
References
The Ecological Consequences of the Rising Economic Power of the BRICS Economies in Global Capitalism: An Eco-socialist Perspec...
1 Introduction
2 The Significance of the Spatial Shift in Global Capitalism
3 The Empirical Evidence for the Spatial Shift
3.1 The Evidence for Spatial Shift (GDP)
3.2 The Evidence for Spatial Shift (Foreign Direct Investment/FDI)
3.3 The Evidence for Spatial Shift (Miscellaneous)
4 Implications for Sustainability
5 An Eco-socialist Perspective on Environmental Degradation Caused by the Rising Economic Power of Developing Capitalist Econo...
5.1 An Eco-socialist Perspective on Developed and Developing Capitalist Economies
5.2 Defining Eco-socialism
6 Conclusions
References
The Trinomial Nature-Nurture-Culture and some Social Justice Aspects Regarding Adaptation to Climate Change
1 Introduction
2 Objectives, Methodology and Organisation
2.1 Objectives Pursued
2.2 Methodology Used
2.3 Research Organisation
3 State of the Art
3.1 Climate Change in Literature
3.2 Globalisation and Climate Change Impact
4 Background
4.1 Climate Change Phenomenology
4.2 Causalities and Outcomes
4.3 Natural and Social Mechanisms
4.4 Climate Change and Social Justice
4.4.1 By Type of Social Justice
4.4.2 On the Criterion (basis) on which Social Justice Theory is Built
4.5 About Nature-Nurture-Culture
5 Conclusions
References
Examining the Relationship Between Eco-efficiency and Energy Poverty: A Stochastic Frontier Models Approach
1 Introduction
2 Theoretical and Empirical Underpinnings
3 Methodological Design
3.1 Econometric Method
3.2 Data and Stochastic Models
4 Results and Discussion
5 Conclusions
References
Revisiting the Nexus Between Renewable and Non-renewable Energy, CO2 Emissions, and Economic Growth: An Empirical Application ...
1 Introduction
2 Literature Review
3 Data and Methodology
3.1 Data
3.2 Econometric Model and Model Specifications
4 Results and Discussion
5 Concluding Remarks, Limitations, and Implications
References
Impact of EU´s CBAM on EAEU Countries: The Case of Russia
1 Introduction
2 Literature Review
3 CBAM Parameters and Scenarios
4 CBAM and EAEU: Assessment
5 CBAM and Russia: Methodology and Results
6 Summary and Conclusions
References
Online Documents
Optimal Environmental Policy for NPS Pollution Under Cournot Duopoly
1 Introduction
2 Basic Model
3 First Stage Determinations
3.1 Abatement Technology Selection
3.2 Ambient Charge Determination
4 Nash Equilibrium
4.1 Equilibrium Existence
4.2 Comparative Statics
5 Ambient Charge Effects
5.1 Homogeneous Firms
5.2 Heterogenous Firms
6 Concluding Remarks
References
Challenges and Risks of the ``Green´´ Transformation of the Countries Participating in the Integration Blocks: The Case of the...
1 Introduction
2 Overview of International Approaches to Promoting ``Green´´ Economy and Sustainable Development
3 Risks and Opportunities of ``Green´´ Transformation and their Implications for the Sustainable Development of EAEU Member St...
4 Description of EAEU Goals and Objectives in the Field of Sustainable Development and ``Green´´ Economy
5 Overview of the Legislation of the EAEU Member States on the Implementation of ``Green´´ Economy Principles and Proposals fo...
5.1 Evaluating the Effects of CBAM
5.1.1 Eurasian Climate Monitoring System
5.1.2 EAEU Common Principles on Carbon Regulation: Measures at the National Level
5.1.3 Climate Data Bank
References
Green Finance in Eurasian Union: Should We Expect a Common Solution?
1 Introduction
2 Green Transformation in the EAEU
3 The EAEU Sustainable Development and Green Economy Goals and Objectives
4 The Climate Agenda in the EAEU
4.1 Goals and Objectives of the EAEU Countries in the Context of the Climate Agenda
4.1.1 Armenia
4.1.2 Belarus
4.1.3 Kazakhstan
4.1.4 Kyrgyzstan
4.1.5 Russia
5 National Approaches on the Climate Agenda of the EAEU Member-States
5.1 Armenia
5.2 Belarus
5.3 Kazakhstan
5.4 Kyrgyzstan
5.5 Russia
6 Prospects for the Development of Green Finance in the EAEU
6.1 Green Financing: Russia´s Experience
6.2 Green Financing: Kazakhstan´s Experience
6.3 The EAEU Common Green Taxonomy: Next Steps
7 Conclusion
References
Prospects for Low-Carbon Industrial Policy: The Case of Russia
1 Introduction
2 The Main Directions of Development of the Russian Low-Carbon Industrial Policy
3 Analysis of Carbon Effects of Industrial Policy Measures: Car Loans
4 Analysis of the Effects of Industrial Policy Measures: Assessment of the Increase in GHG Emissions if the Indicators of the ...
5 Conclusions
References
Green Fiscal Policy and Development: Reconciling Climate and Structural Change
1 Introduction
2 Industrial Structure and Climate Risks in Developing Countries
2.1 Carbon Emissions: Main Drivers in the Developing World
2.2 The Need for Industrial Structural Change and Climate Implications
2.2.1 Industrial Structure Trends in the Developing World
2.2.2 Brazil and the Impact of Deforestation
3 Global Climate Policy and the Low-Carbon Transition in Developing Economies
3.1 New Approaches to Carbon Pricing
3.1.1 Border Carbon Adjustments
3.1.2 Environmental Commodity Taxes
3.1.3 Results-Based Mechanisms and Carbon Markets
3.2 New Approaches to Climate Finance
3.2.1 Green Bonds
3.2.2 Ecological Fiscal Transfers
3.2.3 Debt for Climate Swaps
4 Conclusion
References