Global Energy Solutions?
Rapidly cutting domestic GHG emissions is the most pressing energy policy challenge in industrialised countries, but it is global emissions, including those from developing countries, that will determine the extent of future climate change. Agreement on global action to cut emissions has so far been difficult to achieve, largely because of US intransigence at Federal level, but also because developing country governments are not willing to see their growth constrained so as to solve a problem caused by the rich world. Rich countries must therefore first demonstrate that high incomes, low emissions and energy security are simultaneously achievable goals. Successful technical and social innovations could then be selected and adapted to local circumstances in the developing world. Significant opportunities can also be expected for emerging economies to export low carbon technologies in to OECD markets.
KeywordsEmission Reduction Technology Transfer Recipient Country Energy Security Carbon Emission Reduction
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