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Practicing Green Growth: Challenges and Opportunities Session 4: The Politics of Green Growth State and Corporate Interests in Implementing Green Growth. Maïté JAUREGUY-NAUDIN Project Manager, Research Fellow, Ifri Energy Program. What can States do?.
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Practicing Green Growth: Challenges and Opportunities Session 4: The Politics of Green Growth State and Corporate Interests in Implementing Green Growth Maïté JAUREGUY-NAUDINProject Manager, Research Fellow, Ifri Energy Program
What can States do? • Introducingpolicies to support lowcarbon technologies • Development • Deployment • Supply Side • RES • Fuel switching • CCS+coal/gas • nuclear • Demand Side • Smart grid • Energy efficiency • behavior Reconcilingeconomicgrowth and climate objectives
What can States do? • Introduce a carbonprice • Support shouldbetechnologyneutral • Infant/low mature technologies call for differentiated support
What can States do? • Introduce a carbonprice • Support shouldbetechnologyneutral • Infant/low mature technologies call for differentiated support
Interactions with all actors • Policy makers • Industry • Otherstakeholders • Civil society • NGOs • Academia • Assessment of cost effectiveness • Market based reality check (TRL/TRA) • Public Private Partnership • Workforce/competencies development • NIMBY attitudes
Industrial or Environmental policies? A right balance to avoidpolicytraps
Wind power Spot & Secondary Kyoto offsets • The EU was the leader of the wind-power market for a long time but has now been surpassed by the Asian and US markets (hold the highest potential for further growth) • The EU, North America and Asia accounted for 27.3%, 29.4% and 39.5%, respectively, of the global mùarket in 2009
Conclusion • Let’s go for green growth BUT let’s keep in mind that: • Resources allocated to spur job creation in one sector are obtained to the detriment of other economic sectors. • Green stimulus packages will lead to higher energy prices, threatening the competitiveness of electricity intensive companies, that could chose to delocalize their production or in extreme cases could go bankrupt. • The amount of capital locked in for a chosen technology could have been allocated to others that could prove in the near future to be more efficient.