Changing Competitive Landscape: Transition Policy’s Blind Spots

Shahad Albardi, Jorge Blazquez (), Amro Elshurafa and Nora Nezamuddin
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Nora Nezamuddin: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: For the past two to three decades, and particularly in the wake of the Great Recession, clean energy transitions have been sold as a three-for-the-price-ofone policy: creating “green collar” jobs to get the unemployed back to work, using domestic resources to reduce dependence on imported fossil fuels, and all while reducing carbon emissions. The first of two implicit goals of this “three-fer” was the development of local, high tech industries supported by policy-driven domestic demand for wind and solar equipment. These high tech industries would, in turn, deliver the second goal of driving down the costs of clean energy technologies to the point where they would no longer require policy support.

Keywords: Carbon Emissions; Cost Competitiveness; Energy Independence; Energy Security; Energy Transition; Feed in Tariffs; Government Incentives; Green Jobs; Incumbent Fuel Technology; Investment Tax Credits; Policy Development; Renewable Energy (search for similar items in EconPapers)
Pages: 18
Date: 2014-10-06
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