The Economics of Sustainability: Causes and Consequences of Energy Market Transformation

Rabah Arezki

No 8858, Policy Research Working Paper Series from The World Bank

Abstract: The paper deals with the economics of sustainability associated with the transformation of energy markets. It emphasizes the interrelations between technical changes and energy markets and how in turn the resulting transformations alter the sustainability of economic systems that are dependent on these markets. It also explores how innovation (or the lack thereof) is intimately linked to the ability of energy rich economies to adapt and transform. The agenda is especially relevant for oil rich countries that have announced or already put in place policies to help transform their economies and move away from dependence on oil. The agenda is also relevant for the global community, as it relates to the economic consequences of the needed transformation of energy markets to support the goal of limiting global warming by reducing greenhouse gas emissions.

Keywords: Energy and Mining; Energy Demand; Energy and Environment; Public Sector Administrative and Civil Service Reform; State Owned Enterprise Reform; Public Sector Administrative&Civil Service Reform; Economics and Finance of Public Institution Development; Democratic Government; De Facto Governments; Climate Change and Health; Climate Change and Environment; Science of Climate Change; Legal Products; Common Property Resource Development; Regulatory Regimes; Legal Reform; Judicial System Reform; Legislation; Real&Intellectual Property Law; Intellectual Property Rights; Social Policy; Oil Refining&Gas Industry (search for similar items in EconPapers)
Date: 2019-05-20
New Economics Papers: this item is included in nep-ene and nep-env
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Citations: View citations in EconPapers (1)

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Journal Article: The Economics of Sustainability: Causes and Consequences of Energy Market Transformation (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:8858

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