Energy management ethics: public and corporate responsibility

Klaus Steigleder and Johannes Graf Keyserlingk

Chapter 4 in Research Handbook on Energy Management, 2025, pp 74-93 from Edward Elgar Publishing

Abstract: This chapter outlines the peculiar perspective that ethics introduces and develops the basics of a rights-based moral theory. It highlights the problem of morally addressing firms which are confronted with global competition and hints to possible solutions. The focus of the chapter is on the management of the global energy transition. While the necessity of combating climate change is rightfully stressed by climate ethicists and activists, the difficulties of solving the problem are commonly underrated. One does not know so far what a functioning decarbonized global energy system could look like and how it could be achieved. We try to show where the problems lie and which tasks must be solved. The conflict between economic development and climate mitigation is stressed as is the existence of other important normative conflicts of goals. It is vital to focus on changing existing incentive structures that undermine effective energy-related policymaking.

Keywords: Energy ethics; Energy transition; Conflicts of goals; Economic development; Incentive structure; Corporate social responsibility (search for similar items in EconPapers)
Date: 2025
ISBN: 9781800376496
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