Sustainable Macroeconomics, Climate Risks and Energy Transitions
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Sustainable Macroeconomics, Climate Risks and Energy Transitions

Dynamic Modeling, Empirics, and Policies

Unurjargal Nyambuu, Willi Semmler


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Given the industrialized world’s historical dependence on fossil fuel-based energy resources and the now-realized perils of moving beyond the earth’s carbon budget, this book explores the myriad challenges of climate change and in reaching a low-carbon economy. Reconciling the medium-term competing, yet frequently complementary, needs for transition policies, the book provides guidelines for complex and often conflicting climate policy tasks.

  • The book presents empirical trends in the use of carbon-emitting resources and evaluates market-driven short-termism and its adverse impact on resource use and the environment; it emphasizes a medium-term macroeconomic perspective for the transition. 
  • The authors attempt a paradigm shift towards a framework of sustainable macroeconomics. They survey relevant historical models, conduct empirical and numerical analyses ofthe climate change-relevant dynamic models, provide empirical illustrations, and evaluate diverse policy options and implementations together with their historical evolution. 
  • New analytical issues are also  considered, e.g., strategic behavior in the energy and resource sectors, energy competition and the dynamics of market shares in new energy  technology, and supporting policies for dealing with the tipping points encountered in climate change. 
  • The authors suggest a multitude of market-based strategies and public fiscal, monetary, and financial policies, and longer-run planning for resource extraction -all suitable for driving sustainable growth and a transformation of the energy sector. 
  • The book also examines the multiple delaying forces slowing the transition to a low-carbon economy; these typically arise from short-termism, lock-ins, irreversibility, leakages, non-cooperative games, and other political strategies. Thus, they explain the snail’s pace evolution of current national and global climate policies.   

    • The book will appeal to scholars and students of economics and environmental science. It is also relevant for policymakers and practitioners in multilateral institutions, research institutions as well as governments and ministries of countries interested in alternative energy sources, climate economists, and those who study the implementation of sustainable and low carbon-based policies. 

    About the book
    Author
    Unurjargal  Nyambuu , Willi  Semmler
    Imprint
    Springer
    Collection
    Contributions to Economics
    Publication date
    2023-05-30
    Pages
    195 pages
    Print ISBN
    9783031279812
    Language
    English
    Ebook informations
    EAN PDF
    9783031279829
    Price
    £44.99
    Read more
    Copy count 1
    Print count 19
    File size 5775 Ko
    Ce livre est accessible aux handicaps   Informations accessibility
    EAN EPUB
    9783031279829
    Price
    £44.99
    Read more
    Copy count 1
    Print count 19
    File size 24924 Ko
    Ce livre est accessible aux handicaps   Informations accessibility
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