We explore potential impacts of global decarbonization on trends in light-duty vehicle (LDV) fleets from 2020-2050. Using an economy-wide multi-region multi-sector model, we project that the global EV fleet will grow from 5 million vehicles in 2018 to about 95–105 million EVs by 2030, and 585–823 million EVs by 2050. At this level of market…
2022
Relative Cost-Effectiveness of Electricity and Transportation Policies as a Means to Reduce CO2 Emissions in the United States: A Multi-Model Assessment
Two common energy policy instruments in the United States are tax incentives and technology standards. Although these instruments have been shown to be less cost-effective as a means to reduce CO2 emissions than direct emissions pricing mechanisms, it can be challenging to compare the CO2 emissions reduction costs of such policies across sectors, given the…
Impact of Japanese House Insulation Subsidy System on Home Owners’ Energy-Saving Awareness
Achieving the massive target of reduction in carbon dioxide emissions in the household sector requires that consumers be made aware of this issue. If consumers update their energy-saving awareness and related behaviors, the energy-efficiency effect can be expected to continue. For this purpose, this study analyzes the indirect effects of the housing eco-points system subsidy…
Should the EU ETS be Extended to Road Transport and Heating Fuels?
This paper considers the current proposal to extend the EU ETS to cover CO2 emissions from the combustion of heating and road transport fuels. We argue that increased coverage of the EU ETS, together with a binding cap consistent with a net zero trajectory, would provide an EU-wide quantity backstop ensuring that the EU’s cumulative…
A Global South Perspective on Stranded Regions: Insights from the Decline of Coal Mining in Cesar, Colombia
The sharp decline in fossil fuel demand related to the Covid-19 pandemic put in evidence some of the impacts that can be created by the energy transition. By putting into conversation the literature on economic decline in extractive regions and debates on stranded fossil fuel assets, this paper presents the case of the region of…
Energy Transformation, Social Inclusion, and Economic Prosperity in Latin America: An Introduction
Cost Efficiency Evaluation of Thermal Power Plants in Bangladesh Using a Two-Stage DEA Model
The power sector in Bangladesh is based on fossil fuel based electricity generation. The recent increase in generation capacity in the country has been through the addition of power plants using higher cost imported fossil fuels, which have increased the overall cost of electricity. In this study, we aim to compare the cost efficiencies of…
Book Reviews
Sustainable and Socially Resilient Minigrid Franchise Model for an Urban Informal Settlement in Kenya
Kibera is a large informal settlement, in Nairobi, Kenya where electricity access is presently expensive, intermittent, and dirty. The context of Kibera also speaks to larger global dynamics of rapid urbanization, the creation of an urban poor, the transitory experience of informal settlements, and the role of non-governmental actors; each of which provides challenges to…