000 02104nab a2200253 4500
005 20260520000801.0
008 260224s2008 xxu
245 0 0 _aHow carbon credits could drive the emergence of renewable energies
260 _a
_b
_cOct. 2008
270 _a2009-04-06 ; 04/02/2009
300 _a3633-3639
520 _aTranscripción del resumen publicado por el autor: The shift to renewable energy options and low-carbon technologies, in response to the concerns over energy security and climate change, is proceeding more slowly than many would like. The usual argument against rapid deployment of new technologies is the costs imposed on the economy, commonly interpreted in terms of upfront costs to be borne or involving large cash transfers to fund, for example, efforts to preserve rainforests. In this contribution I argue that such a perspective provides a continuing barrier to taking effective action, whereas a perspective based on creation and use of carbon credits provides a means of avoiding the shock of abrupt industrial change. Carbon credits granted for bona fide carbon load reductions could be created through private initiative, for example by merchant banks, to constitute a market that will complement regulatory-based initiatives such as national emissions trading systems. This is not a novel idea; indeed it is the way that capitalism has funded every major change, including the Industrial Revolution, through the creation of credit. The emergence of a global carbon credit economy is likely to precede a global regulatory system governing climate change and will doubtless help to stimulate the emergence of such a global system.
581 _a10
773 0 _tEnergy Policy
_g36
942 _cARTICULO
100 1 _aMathews, John A.
_940015
650 0 _aFuentes renovables de energía
_96776
650 0 _aPolítica ambiental
_92191
650 0 _aPolítica energética
_91016
650 0 _aCréditos de carbono
_98875
650 0 _aEconomía energética
_92014
650 0 _aFinanciamiento de proyectos
_94702
999 _c168976
_d168976