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GTAP Resource #4114

"Will climate policy improve European energy security?"
by Guivarch, Celine, Stéphanie Monjon, Julie Rozenberg and Adrien Vogt-Schilb


Abstract
This paper proposes a methodology to investigate whether climate policies will improve energy security. To do so, it builds on the literature exploring the concept of energy security to identify the various dimensions involved in this polysemic concept, and to develop a set of indicators to measure these dimensions. This set of indicators is then used to analyze a large database of scenarios. Focusing on Europe, the results highlight two messages. First, time matters: the effect of climate policy on energy security indicators depends on the time horizon considered. Then, for several indicators there are trade-offs, i.e. climate policy makes some energy security indicators worse. This allows identifying the risks of contradiction between climate objective and energy security, and indicates when complementary policies may be necessary to reconcile the two objectives. In particular, our results highlight the risk of deterioration of the affordability dimension of energy security on the short-term. Moreover, our results show that gas plays an important role on the short-term, which risks deteriorating the share of imports in energy supply and the energy import bill in particular, if gas is to be imported.


Resource Details (Export Citation) GTAP Keywords
Category: 2013 Conference Paper
Status: Published
By/In: Presented at the 16th Annual Conference on Global Economic Analysis, Shanghai, China
Date: 2013
Version:
Created: Guivarch, C. (4/12/2013)
Updated: Guivarch, C. (4/12/2013)
Visits: 896
- Dynamic modeling
- Climate change policy
- Economic growth
- Technological change
- European Union


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