Overview

Providing critical insights that will interest readers ranging from economists to environmentalists, policymakers, and politicians, this book analyzes the economics and technology trends involved in the dilemma of decarbonization and addresses why aggressive policy is required in a capitalist political economy to create a sea change away from fossil fuels. The environmental damage across the globe is a result of the success of capitalist industrialism—250 years of carbon pollution resulting from consumption of fossil fuels to drive the economy and the worldwide aspiration to ever-increasing levels of economic development. But capitalism has also produced the tools to solve the problems it has created in the form of a technological revolution in low-carbon renewables, distributed resources, and intelligent systems to integrate supply and demand. This book comprehensively examines the political economy of electricity and analyzes the challenge of transforming today's electricity sector to meet the dual goals of decarbonization and development expressed in the Paris Agreement. Author Mark Cooper defines the dilemma of development and decarbonization as the great challenge facing the electricity industry and documents how the economic resources costs of a 100 percent-renewable portfolio has declined to the point that decarbonization can pay for itself, making the low-carbon renewable technologies that enable desired environmental and public-health benefits an easy sell. He identifies the substantial benefit of increasing use of information, communications, and advanced control technologies; shows how targeted innovation could speed the transition by a decade or two and lower the overall cost of the transition by as much as half; and explains why the flexible, multi-stakeholder approach of the Paris Agreement is the correct approach.

Full Product Details

Author:   Mark Cooper
Publisher:   Bloomsbury Publishing Plc
Imprint:   Praeger Publishers Inc
Dimensions:   Width: 15.60cm , Height: 3.30cm , Length: 23.50cm
Weight:   0.907kg
ISBN:  

9781440853425

ISBN 10:   1440853428
Pages:   472
Publication Date:   24 April 2017
Recommended Age:   From 7 to 17 years
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

"Series Foreword PART I: HISTORICAL CONTEXT Chapter 1 Introduction Chapter 2 The Political Economy of the Paris Agreement, Technological Progress, and the Decarbonization-Development Dilemma PART II: ANALYTIC FRAMEWORK Chapter 3 The Technological Revolutions of Industrial Capitalism Chapter 4 The Innovation System of Progressive Capitalism PART III: THE COMPLEXITY OF RESOURCE SELECTION IN A LOW-CARBON ELECTRICITY SECTOR Chapter 5 The Cost of Electricity in a Low-Carbon Future Chapter 6 Energy Potential and Institutional Resource Needs PART IV: CHALLENGES Chapter 7 Conceptualizing Market Imperfections Chapter 8 The Nuclear War Against the Future PART V: POLICY RESPONSES AND DECISIONMAKING TOOLS Chapter 9 The Urgent Need for Policy Action: ""Command but Not Control"" Chapter 10 Decision Making and the Terrain of Knowledge Chapter 11 Application of Multicriteria Portfolio Analysis Epilogue: The Importance of Local Support for Global Climate Policy If the United States Flip-Flops on the Paris Agreement Appendix I: Democratic Equality and the Encyclical on Climate Change as Progressive Capitalism Appendix II: Conceptual Specification of Market Imperfections Appendix III: Empirical Evidence on Policy Directly Evaluating Price in the Climate Change Analysis Notes Bibliography Index"

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Mark Cooper is Senior Fellow for Economic Analysis at the Institute for Energy and the Environment at Vermont Law School.

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