ENERGY AND CLIMATE CHANGE STUDY

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ENERGY AND CLIMATE CHANGE STUDY
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Energy Climate Change Study starting points

• WEC reflections on energy and climate change
• Climate change challenge goes beyond Kyoto
  horizon
• Need for responses which address all three WEC
  objectives acceptability, accessibility,
  availability
• Importance of cost-effectiveness and equity
• Role for WEC in debate and analysis of options

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What we are not doing

• The Study will not
• Judge the climate science
• Consider climate regimes
• Look at adaptation strategies outside energy
• Develop its own scenarios

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Energy and Climate Change

• Key issues
• What drives emissions (Part 1)
• What determines choice of policies (Part2)
• Assessment of policies against WEC criteria (Part
  3)
• Conclusions and recommendations (Part 4)

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Energy Climate Change StudyThe Study Team

• Study Chair Kurt Yeager, President Emeritus,
  Electric Power Research Institute - EPRI
• Study Director Malcolm Keay, Senior Research
  Fellow, Oxford Institute for Energy Studies
• Study Team Members
• Argentina Australia
  Canada
• Côte dIvorie Croatia Denmark
• Egypt France Finland
  Germany Italy Greece
  
• India Japan Korea
  (Rep.)
• Kuwait Lithuania Macedonia Rep.
  Netherlands Portugal
  Romania
• Saudi Arabia Spain Switzerland
• Thailand United Kingdom
  USA

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Part 1 Regional Differences

• 
  

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Part 2 Choice of Policies

• Climate policies most widespread in developed
  countries but many developing countries have
  strong programmes.
• Economic instruments important in developed
  countries, less so in developing
• Renewables and energy efficiency important
  everywhere
• Fuel-switching important in developing countries

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Part 2 Climate change policies - some issues

• Importance of national circumstances in some
  areas developing countries are in the lead (eg
  Brazil and alcohol)
• Need for better assessments policy assessment
  not well developed anywhere and focuses on
  economic and environmental impacts.
  Accessibility and social issues need more
  attention.
• Technology, particularly technology transfer, not
  yet achieving potential

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The Assessment Process summary
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Part 4 Strategic messages

• Balanced approach focus on sustainable
  development
• Keep all energy options open
• All countries are different no single approach
  works equally well everywhere
• Need to assess and monitor impact of policies on
  all three As, including social development.

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Part 4 Conclusions and Recommendations

• Holistic view of policy making needed
• Energy is a system
• Energy meets basic human needs and powers
  economic and social development
• All three As matter and policies should be
  assessed against them all
• The world is not on track to meeting its
  emissions targets