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81. Climate Policy Constraints and NGO Entrepreneurship: The Story of Norway's Leadership in REDD+ Financing

Author:
Erlend A. T. Hermansen and Sjur Kasa
Publication Date:
12-2014
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
Norway – a small northern country with only 5 million inhabitants – is at present a global leader in REDD+ financing. In this paper, we explain why and how this happened by telling the story about the emergence of Norway's International Climate and Forest Initiative (NICFI) in 2007 and its institutionalization in the following years. We emphasize how a set of Norwegian climate policy characteristics prepared the ground for NICFI. These characteristics were the relative absence of less expensive potential emission cuts domestically, a tradition of seeking cheaper emission reduction options abroad, and few fiscal constraints due to high petroleum revenues. When the domestic demand for a more proactive climate policy started to increase from 2006 onward, two Norwegian environmental NGOs, The Rainforest Foundation Norway and Friends of the Earth Norway, exploited the window of opportunity that emerged from the tension between high domestic abatement costs and increasing domestic climate policy demands by proposing a large-scale Norwegian rainforest effort. This proposal resonated well with the new emphasis on reduced deforestation as a promising climate policy measure internationally. Towards the end of 2007, these ENGOs managed to convince a broad majority in Parliament that large-scale financing of measures to reduce deforestation globally should become an important part of Norwegian climate policy. Financing NICFI through the growth in the steadily increasing development aid budget dampened opposition from more fiscally conservative actors and facilitated the rapid set-up of a flexible implementing organization directly linked to some of the most proactive politicians. Several agreements with key rainforest countries were rapidly established, and including ENGOs in policy formulation and implementation helped maintaining the momentum and legitimacy for NICFI as a more permanent solution to Norway's climate policy dilemmas. NICFI's robustness and high level of legitimacy are illustrated by the fact that the initiative has survived the recent 2013 change of government quite intact. However, we also suggest that the long-time survival of the initiative may be dependent on the future of the UNFCCC process as well as the destiny of the national projects.
Topic:
Climate Change, Energy Policy, Environment, and Natural Resources
Political Geography:
Europe and Norway

82. Completing Europe – From the North-South Corridor to Energy, Transportation, and Telecommunications Union

Author:
Atlantic Council and CEEP
Publication Date:
11-2014
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
One of the greatest successes of our new century has been the progress made in unifying Europe. The accession of Central Europe's countries to the European Union (EU) has contributed to the end of division that wrought confrontations and conflicts. Yet this task is far from finished. Europe's economic woes, as well as new security challenges along the Union's eastern border add to the urgency of completing and consolidating the European integration project as part of our transatlantic vision of a Europe whole, free, and at peace.
Topic:
Economics, Energy Policy, Science and Technology, and Infrastructure
Political Geography:
Europe and Central Europe

83. Produced Water: Asset or Waste?

Author:
Blythe Lyons
Publication Date:
05-2014
Content Type:
Working Paper
Institution:
Atlantic Council
Abstract:
US national security is enhanced by energy security. The United States is enjoying a unique opportunity to bolster its energy security by increasing domestic production of oil and gas resources. The recent explosion in domestic unconventional production will allow an expanded bandwidth of US responses to the turmoil in the Middle East and Europe. If further exploited, the move toward energy self-sufficiency also gives the United States a cushion to reassess its global strategic policies. Expanding the domestic resource base further provides the United States with an industrial advantage in global commerce.
Topic:
Energy Policy, International Trade and Finance, National Security, and Oil
Political Geography:
United States, Europe, and Middle East

84. What Drove the Mid-2000s' Explosiveness in Alternative Energy Stock Prices? Evidence from US, European and Global Indices

Author:
Pierre Siklos, Martin T. Bohl, and Philipp Kaufmann
Publication Date:
07-2014
Content Type:
Working Paper
Institution:
Centre for International Governance Innovation
Abstract:
Soaring prices in European alternative energy stocks and their subsequent tumble have attracted attention from both investors and academics. This paper extends recent research to an international setting and analyzes whether the explosive price behaviour of the mid-2000s was driven by rising crude oil prices and an overall bullish market sentiment. Inflation-adjusted US alternative energy stock prices do not exhibit signs of explosiveness. By contrast, we find strong evidence of explosive price behaviour for European and global sector indices, even after controlling for a set of explanatory variables. Interestingly, while the sector indices plunged with the outbreak of the global financial crisis, idiosyncratic components continued to rise and did not start to decline until after world equity markets had already begun to recover in 2009. This finding suggests a substantial revaluation of alternative energy stock prices in light of intensifying sector competition and shrinking sales margins, and casts some doubts on the existence of a speculative bubble. Nevertheless, this paper observes temporary episodes of explosiveness between 2005 and 2007 followed by rapid collapses, indicating the presence of some irrational exuberance among investors.
Topic:
Economics, Energy Policy, Oil, and Natural Resources
Political Geography:
United States and Europe

85. Energy efficiency: the ever neglected priority of the European energy strategy

Author:
Tania Zgajewski
Publication Date:
05-2014
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Energy saving has been a stated policy objective of the EU since the 1970s. Presently, the 2020 target is a 20% reduction of EU energy consumption in comparison with current projections for 2020. This is one of the headline targets of the European Energy Strategy 2020 but efforts to achieve it remain slow and insufficient. The aim of this paper is to understand why this is happening.
Topic:
Economics, Energy Policy, Regional Cooperation, and Reform
Political Geography:
Japan and Europe

86. The EU regime on biofuels in transport: Still in search of sustainability

Author:
Tania Zgajewski
Publication Date:
08-2014
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Like other regions of the world, the EU is developing biofuels in the transport sector to reduce oil consumption and mitigate climate change. To promote them, it has adopted favourable legislation since the 2000s. In 2009 it even decided to oblige each Member State to ensure that by 2020 the share of energy coming from renewable sources reached at least 10% of their final consumption of energy in the transport sector. Biofuels are considered the main instrument to reach that percentage since the development of other alternatives (such as hydrogen and electricity) will take much longer than expected.
Topic:
Climate Change, Economics, Energy Policy, Environment, and Biofuels
Political Geography:
Europe

87. Russia's energy relations in Europe and the Far East: towards a social structurationist approach to energy policy formation

Author:
Pami Aalto, David Dusseault, Michael D Kennedy, and Markku Kivinen
Publication Date:
01-2014
Content Type:
Journal Article
Journal:
Journal of International Relations and Development
Institution:
Central and East European International Studies Association
Abstract:
In this article, we examine the formation of Russia's energy policies vis-à-vis Europe and the Far East. As energy policy is a very complex field, we propose a new structurationist analytical model to deal with that complexity. Our model highlights the practices by which actors acquire information of their policy environments, which are conceptualised as structures enabling and constraining their actions. These practices involve intentions, interests and schemata. In our case analyses - the Nord Stream pipeline project and the Sakhalin Island's energy politics - we find that profit interests, as part of a wider business frame, most centrally guide Russian actors. The often-hyped energy superpower frame is found to be ambiguous. It generally does not bring the intentions of Russian actors together well, even if such a frame resonates with some of Russia's European customers. Energy security frames are found to be prevalent among Russia's customers and are highly differentiated. Environmental frames are mostly instrumentally deployed. Russian energy actors are capable of displaying collective intentionality, but are incapable of fully controlling the various dimensions of the complex policy environment.
Topic:
Security, Energy Policy, and Environment
Political Geography:
Russia and Europe

88. Food, Fossil Fuels and Filthy Finance

Author:
Hannah Stoddart, Lydia Prieg, and Joseph Zacune
Publication Date:
10-2014
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
The world produces enough food to feed everyone. But every day more than 800 million people go to bed hungry. This is a scandal and climate change is set to make things even worse.
Topic:
Agriculture, Climate Change, Energy Policy, Environment, and Industrial Policy
Political Geography:
Europe

89. Trading Forests: Quantifying the Contribution of Global Commodity Markets to Emissions from Tropical Deforestation

Author:
Martin Persson, Sabine Henders, and Thomas Kastner
Publication Date:
10-2014
Content Type:
Working Paper
Institution:
Center for Global Development
Abstract:
This paper aims to improve our understanding of how and where global supply-chains link consumers of agricultural and forest commodities across the world to forest destruction in tropical countries. A better understanding of these linkages can help inform and support the design of demand-side interventions to reduce tropical deforestation. To that end, we map the link between deforestation for four commodities (beef, soybeans, palm oil, and wood products) in eight case countries (Argentina, Bolivia, Brazil, Paraguay, Democratic Republic of the Congo, Indonesia, Malaysia, and Papua New Guinea) to consumption, through international trade. Although few, the studied countries comprise a large share of the internationally traded volumes of the analyzed commodities: 83% of beef and 99% of soybean exports from Latin America, 97% of global palm oil exports, and roughly half of (official) tropical wood products trade. The analysis covers the period 2000-2009. We find that roughly a third of tropical deforestation and associated carbon emissions (3.9 Mha and 1.7 GtCO2) in 2009 can be attributed to our four case commodities in our eight case countries. On average a third of analyzed deforestation was embodied in agricultural exports, mainly to the EU and China. However, in all countries but Bolivia and Brazil, export markets are dominant drivers of forest clearing for our case commodities. If one excludes Brazilian beef on average 57% of deforestation attributed to our case commodities was embodied in exports. The share of emissions that was embodied in exported commodities increased between 2000 and 2009 for every country in our study except Bolivia and Malaysia.
Topic:
Energy Policy, Environment, and Natural Resources
Political Geography:
China, Europe, Malaysia, Brazil, Argentina, Latin America, and Bolivia

90. Thinking Beyond TAP: Turkey's Role in the Southern Energy Corridor

Author:
Fatih Özgür Yeni
Publication Date:
11-2013
Content Type:
Working Paper
Institution:
Istituto Affari Internazionali
Abstract:
Energy security is one of the hot topics on the European energy agenda. The EU's Southern Energy Corridor initiative is an attempt to reduce dependence on Russian supplies by tapping into Caspian and Middle-Eastern natural gas resources. Turkey, who aspires to be a regional energy hub, has emerged as the key country in the Southern Corridor. Although the TAP project in its current state satisfies neither Turkey's energy hub ambitions nor the EU's resource diversification efforts, it may serve as the first building block of the Southern Corridor. There are promising developments in the region that can increase volumes and add new routes to the initiative. Private companies have already shown their interest in developing a pipeline infrastructure for possible South-East Mediterranean and Northern Iraq natural gas exports but complex geopolitical issues pose the greatest threat to the way ahead. Thanks to its unique location, Turkey is destined to be one of the key players in the Southern Corridor. The convergence of Turkey's energy hub ambitions and the EU's energy security objectives present mutual gains, but also demand sustained collaboration between the two in light of several technical, legal and political hurdles.
Topic:
Security, Energy Policy, Natural Resources, and Infrastructure
Political Geography:
Russia, Europe, Turkey, and Middle East