Would climate policy improve the European energy security?
Guivarch, Céline; Monjon, Stéphanie; Rozenberg, Julie; Vogt-Schilb, Adrien (2014), Would climate policy improve the European energy security?, Fifth World Congress of Environmental and Resource Economists, Istanbul, TURKEY
TypeCommunication / Conférence
Conference titleFifth World Congress of Environmental and Resource Economists
MetadataShow full item record
Abstract (EN)Energy security improvement is often presented as apossible co-benefit of climate policies.This paper evaluates this claim. It presents a methodology to investigate whether climate policy would improve energy security, while accounting for the difficulties entailed by themany-faceted nature of the energy security conceptand the large uncertainties on the determinants of future changes in energy systems. To do so, it uses a set of indicators in a four-dimension analysis grid of the energy securityconcept, and a database of scenarios exploring the uncertainty space. The results, focusing on Europe, reveal there is no unequivocal effect of climate policy on all the dimensions of energy security and that some trade-offs are involved. The many-faceted nature ofenergy security matters: energy security has several dimensions, some of which can be heightened by climate policy. Time matters:the effect of climate policy on energy security depends on the time horizon considered. Last, these results are robust to key uncertainties on the future potential and costs of technologies,on future improvements in energy efficiency, on fossil fuel resources and markets and on drivers of economic growth. However, some of these uncertainties determine the magnitude of the effect of climate policy on energy security indicators.
Subjects / Keywordsmulti-criteria decision; Europe; scenarios database; energy security; Climate policy
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