Energy Based Carbon Emissions – Executive Summary – Index
Executive Summary - Economic Instruments for Long-term Reduction in Energy-based Carbon Emissions: State of the Debate
by the National Round Table on the Environment and the Economy (NRTEE)
Concerns about climate change will clearly be among the many factors driving a coherent energy strategy. The real debate is about how much weight should be given to climate change considerations in energy policy and about the appropriate tools for doing so. To provide more context for this critical issue, the National Round Table on the Environment and the Economy (NRTEE) has explored a scenario in which economic instruments are used as a key tool to promote long-term carbon emission reductions.
The operating assumption of our Ecological Fiscal Reform (EFR) and Energy Program was that long-term reductions in energy-based carbon emissions will be one of the main priorities shaping energy strategy.
1.1 Purpose of the Report
1.2 Ecological Fiscal Reform
2. Context: The New Energy Economy — Canada's Opportunity
2.1 Global Energy Trends
2.2 Canada’s Opportunity
3.1 Co-benefits: Nine Reasons for an Integrated Policy Framework
3.2 Why Long-term Carbon Emission Reductions Cannot be an Implied or Secondary Objective
4. Economic Instruments for Long-term Carbon Emission Reductions and Technology Development
4.1 Economic Instruments and Canada’s Climate Change Plan
4.2 Macroeconomic Impacts of Fiscal Policy to Promote Long-term Carbon Emission Reductions
4.3 General Findings: Using Economic Instruments for Long-term Carbon Emission Reductions and Technology Development
4.4 Application of Targeted Measures
4.5 Transition Measures
5. A Coordinated, Long-term Carbon Emission Reduction Strategy
5.1 Staging and Considerations for a Coordinated Technology Transition Strategy
6. Lessons: The Experience with Assessing Fiscal Instruments
6.1 Data Reliability and Comprehensiveness
6.2 Sensitivities
6.3 Technology Paths
6.4 Examining Mid- to Long-Term Futures: Uncertainties and Unknowns
6.5 Market Settings
6.6 Other Issues
8. Case Study Scope, Boundaries and Methodologies
8.1 Overview of Case Study Methodologies
9. Specific Findings: Industrial Energy Efficiency
9.1 Status of Industrial Energy Efficiency
9.2 Status of Industrial Energy Efficiency to 2030 Assuming Business as Usual
9.3 Industrial Energy Efficiency Scenarios to 2030 with Government Intervention
9.4 Macroeconomic Impact: Industrial Energy Efficiency Case Study
9.5 Policy Implications: Industrial Energy Efficiency
10. Specific Findings: Emerging Renewable Power Technologies
10.1 Status of the Emerging Renewable Power Sector
10.2 Status of the Emerging Renewable Power Sector to 2030 Assuming Business as Usual
10.3 Status of the Emerging Renewable Power Sector to 2030 with Government Intervention
11. Specific Findings: Hydrogen Energy
11.1 Status of the Hydrogen Energy Sector
11.2 Status of the Hydrogen Energy Sector to 2030 Assuming Business as Usual
11.3 Status of the Hydrogen Energy Sector to 2030 Assuming Government Intervention
11.4 Macroeconomic Impact: Hydrogen Case Study
11.5 Policy Implications: Hydrogen Energy
12. Macroeconomic Impacts of the Proposed Measures
13. A Supporting Suite of Coordinated Economic Instruments
14. Summary of Recommendations, Part II
Industrial Energy Efficiency
Emerging Renewable Power Technologies
Hydrogen Case Study
Appendix A: Executive Summary: Case Study on Energy Efficiency
Appendix B: Executive Summary: Case Study on Renewable Grid-Power Electricity
Appendix C: Executive Summary: Case Study on Hydrogen Technologies
Appendix D: Selected Reading
Appendix E: Program Participants
Appendix F: Endnotes
Ecological Fiscal Reform and Energy Task Force Members
© 2013