Making Energy Great Again

9
Making Energy Great Again Presentation to the G-20 Leadership February 27, 2016

Transcript of Making Energy Great Again

Page 1: Making Energy Great Again

Making Energy Great Again

Presentation to the G-20 LeadershipFebruary 27, 2016

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2 by 2100? It’s happening!℃

Climate Change Vision

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Key Policy ComponentsSector Levers Baseline Results

Population and Consumption

Population (Scenario)GDP/capita growth rate (%)

23%

2 (11 bil people by year 2100)2.4%

Agriculture and Land Use

Reduction in CO2 emissions from Land Use and Forestry (%) Reduction in other gas emissions (%)

0%

0%

0%

72%

Fossil FuelTax (-) /Subsidy (+)

Coal ($0/GJ)Oil ($0/GJ)Gas ($0/GJ)Natural Gas Methane Leakage (%)

$0$0$03%

$-6$-8$-41%

Sustainable EnergyTax (-) /Subsidy (+)

Renewable ($0/GJ)Nuclear ($0/GJ)Biomass ($0/GJ)New Tech ($0/GJ)

$0$0$0$0

$8$2$5$7

Energy Efficiency Stationary (%/year)Mobile (%/year)

1.0%1.0%

3.5%2.5%

Carbon Price Carbon Price ($/Ton CO2)Revenue distribution (%):Fossil FuelSustainablePublic

$0 0%0%0%

$100 10%80%10%

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● Carbon Pricing ◦ Uniformity across

sectors & countries◦ Apparent

environmental cost ◦ Markets collaborate

to reduce emissions● Fossil Fuels

◦ Taxes offset by subsidies

◦ Jobs created for Research & Development

Projected Long-Term Outcomes

● Sustainable Energy ◦ Job growth with

expansion of new industry ◦Ability to use pre-existing

energy sources● Energy Efficiency

◦Reduced energy costs for private & public consumption

◦ Increased corporate social responsibility

◦ Improved global infrastructure

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Change in Energy Share by Source thru 2100

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●Trade-Offs●Economic Thresholds●Multi-Faceted Energy

Efficiency●Shared Missions

Reduction

How the Policy Package works

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Energy Demand

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● Climate NGOs ● Technology Companies ● General Public ● UN● Government organizations

Supporting Stakeholders

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Implementation Timeline