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Towards a Green Energy Economy? Assessing policy choices, strategies and transitional pathways

Author:
  • Luis Mundaca
  • Lena Neij
  • Anil Markandya
  • Peter Hennicke
  • Jinyue Yan
Publishing year: 2016-10-01
Language: English
Pages: 1283-1292
Publication/Series: Applied Energy
Volume: 179
Document type: Journal article
Publisher: Elsevier

Abstract english

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.

Keywords

  • Other Social Sciences
  • Energy Systems
  • Green Energy Economy
  • Green growth
  • Low-carbon energy technologies
  • Policies and strategies
  • Transitional pathways

Other

Published
  • ISSN: 0306-2619
Lena Neij
E-mail: lena [dot] neij [at] iiiee [dot] lu [dot] se


International Institute for Industrial Environmental Economics (IIIEE)

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