Substantial fiscal consolidation was achieved under the aegis of the 2003 Fiscal Responsibility and Budget Management Act.
This paper assesses some welfare consequences of climate change mitigation policies.
In 90 minutes, enough sunlight strikes the earth to provide the entire planet's energy needs for one year. While solar energy is abundant, it represents a tiny fraction of the world’s current energy mix. But this is changing rapidly and is being driven by global action to improve energy access and supply security, and to mitigate climate change.
Around the world, countries and companies are investing in solar
The transition to a greener economy supported by international environmental commitments and national policies will entail structural changes in consumption patterns and industry structures, resulting in a reallocation of resources in and between countries.
The global energy system faces urgent challenges. Concerns about energy security are growing, as highlighted by the recent political turmoil in Northern Africa and the nuclear incident in Fukushima. At the same time, the need to respond to climate change is more critical than ever. Against this background, many governments have increased efforts to promote deployment of renewable energy – low-carbon sources that can strengthen
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Technological change is undoubtedly one of the keys to ensuring that climate change can be addressed without compromising economic growth. This policy brief provides key messages promoting technological innovation to address climate change.
This 2011 review of energy policy in Greece finds that increasing competition and reducing the role of the state in the energy sector should add efficiency and dynamism to the economy. This, in turn, should help generate self-sustained employment and prosperity for the country.
Reforming the electricity and gas markets is an economic and political imperative. In particular, regulatory authorities must be given the
Investing in and managing water and sanitation is a complex challenge. In the context of the Global Forum on Environment this week, OECD looks at the financial realities of funding water infrastructure.
On the occasion of its 35th Anniversary in 2009, the International Energy Agency published the first edition of the Scoreboard focusing on 35 Key Energy Trends over 35 Years. In parallel, the IEA published Implementing Energy Efficiency Policies: Are IEA Member Countries on Track?. Both publications found that although IEA member countries were making progress in implementing energy efficiency, more work was
This Inventory provides reliable and comparable data on support or tax expenditures for fossil fuel production or use in OECD countries. Reforming fossil fuel subsidies can contribute to achieving economic and fiscal objectives, while also tackling environmental problems like climate change.