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Leap-Frogging: A Way to Foster Sustainable Development in the Energy Sector

Torsten Amelung and Ute Rücker

EconStor Conference Papers from ZBW - Leibniz Information Centre for Economics

Abstract: The implementation of sustainable development strategies in the energy sector requires adjustements in all countries regardless of their developmental stage. Especially the newly industrializing countries and developing countries should be given the opportunity to install the newest and most efficient technologies. Hence, these countries would leap-frog to the highest possible level of technology. As a first step, CO2-abatement programs need to be established in industrialized countries. As a secont step, the energy in developed should be given incentives to foster investments in newly industrializing and developing countries. An incentive could that the companies offset this cut in CO2-emissions against their national climate protection policy requirements. This, however, is only a first tentative step to bridge the time until a global CO2-system is established.

Keywords: Leap-frogging; CO2 abatement; Investment in emerging markets; CO2 abatement policies (search for similar items in EconPapers)
JEL-codes: F21 F55 F64 H87 P28 Q54 (search for similar items in EconPapers)
Date: 1995
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