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Compensating affect...
Compensating affected parties necessary for rapid coal phase-out but expensive if extended to major emitters
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- Nacke, Lola, 1994 (författare)
- Chalmers University of Technology,Chalmers tekniska högskola
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- Vinichenko, Vadim, 1967 (författare)
- Chalmers University of Technology,Chalmers tekniska högskola
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- Cherp, Aleh (författare)
- Lund University,Lunds universitet,Internationella miljöinstitutet,Universitetets särskilda verksamheter,The International Institute for Industrial Environmental Economics,University Specialised Centres,Central European University, Vienna,Közép-Európai Egyetem,Central European University (CEU)
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visa fler...
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- Jakhmola, Avi, 1998 (författare)
- Chalmers University of Technology,Chalmers tekniska högskola
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- Jewell, Jessica, 1982 (författare)
- Chalmers University of Technology,Internationales Institut fuer Angewandte Systemanalyse,International Institute for Applied Systems Analysis,Chalmers tekniska högskola,Universitetet i Bergen,University of Bergen
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visa färre...
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(creator_code:org_t)
- 2024
- 2024
- Engelska.
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Ingår i: Nature Communications. - 2041-1723 .- 2041-1723. ; 15:1
- Relaterad länk:
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https://research.cha... (primary) (free)
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http://dx.doi.org/10... (free)
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https://doi.org/10.1...
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https://research.cha...
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https://lup.lub.lu.s...
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Abstract
Ämnesord
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- Coal power phase-out is critical for climate mitigation, yet it harms workers, companies, and coal-dependent regions. We find that more than half of countries that pledge coal phase-out have “just transition” policies which compensate these actors. Compensation is larger in countries with more ambitious coal phase-out pledges and most commonly directed to national and regional governments or companies, with a small share going directly to workers. Globally, compensation amounts to over $200 billion (uncertainty 163-258), about half of which is funded through international schemes, mostly through Just Energy Transition Partnerships and the European Union Just Transition Fund. If similar transfers are extended to China and India to phase out coal in line with the Paris temperature targets, compensation flows could become larger than current international climate financing. Our findings highlight that the socio-political acceptance of coal phase-out has a tangible economic component which should be factored into assessing the feasibility of achieving climate targets.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
- TEKNIK OCH TEKNOLOGIER -- Naturresursteknik -- Energisystem (hsv//swe)
- ENGINEERING AND TECHNOLOGY -- Environmental Engineering -- Energy Systems (hsv//eng)
- NATURVETENSKAP -- Geovetenskap och miljövetenskap -- Klimatforskning (hsv//swe)
- NATURAL SCIENCES -- Earth and Related Environmental Sciences -- Climate Research (hsv//eng)
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- art (ämneskategori)
- ref (ämneskategori)
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