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Energy Sustainability and Climate Change in ASEAN (Hardcover, 1st ed. 2021)
Loot Price: R4,710
Discovery Miles 47 100
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Energy Sustainability and Climate Change in ASEAN (Hardcover, 1st ed. 2021)
Series: Economics, Law, and Institutions in Asia Pacific
Expected to ship within 12 - 17 working days
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This book provides several up-to-date empirical policy-oriented
studies on assessing the impacts of climate change on various
economic sectors and the role of renewable energy resources in
mitigating pollution and climate change. It suggests various policy
recommendations on how to increase the share of renewable energy
resources in the energy baskets of the members of the Association
of Southeast Asian Nations (ASEAN) and the rest of the world to
ensure energy sustainability. As of 2020, most of the world's
energy investment still went to carbon-emitting sources, namely,
fossil fuels. On the other hand, the Covid-19 pandemic and the
economic Project Overview 20 March 2021 08:39 Page 6 of 9 downturns
shrank the global energy demand, including fossil fuels, resulting
in a sharp drop in their prices. Low fossil fuel prices are harmful
to developing renewable energy projects, making solar, wind, and
other renewable energy resources less competitive as sources of
electricity. This is endangering the Paris agreement and the
"Climate Action" goal of the United Nations. Given the high share
of fossil fuels in the energy mix of the members of ASEAN,
tremendous challenges must be faced for their energy transition in
the post-Covid-19 world. The authors call for sound policy and
applicable technologies to ensure sustainable energy availability,
accessibility, and affordability to reach emission reduction
targets.
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