Deciding the Future: Energy Policy Scenarios to 2050

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86 Deciding the Future: Energy Policy Scenarios to 2050 World Energy Council 2007 Next Steps Energy policy will be different from region to region and even between nations, especially within more complex regions. positive and negative) on the achievement of the 3 A’s. − It is not clear that plant and equipment manufacturing capability will exist to meet the energy supply and demand needs of the future. The same may be said about the human capability to design, construct and operate the systems as well as the infrastructure capacity to transmit and deliver the energy. Clean water affects the means to produce energy and as a product of energy investment. New World Bank country procurement standards will hopefully be more effective at achieving sustainable energy systems than conventional global standards. − Human capacity to operate energy systems may not be in the most desirable locations and may necessitate extensive migration within and between regions. This migration could place further stress on cities. − Higher fossil energy prices may open the door for introduction of cleaner alternatives or they could force economically marginal countries and peoples to use dirtier ones. • The scenarios with high cooperation indicate enhanced performance relative to the achievement of the 3 A goals. − It is not clear what form global energy markets (trade agreements), regional or worldwide will take. Yet they are likely to drive political alliances of the future. − It is by no means clear whether the emerging energy “giants” as producers or as consumers of energy (China, India, Brazil and Russia will form alliances or whether they will focus on competing with each other. More public-private partnerships in energy development will clearly play an important role in future alliances. • Most people argue that more energy R&D is needed, but it is not clear what level is necessary to provide insurance for a sustainable energy future. • The performance on achieving “Acceptability” is an issue under all scenarios. − Carbon markets, of whatever design, may lead to a stable value for carbon with incentives lower emissions in harmony with growth, or someone could just make a lot of money. It is not clear if carbon taxes a better bet? The Study Group recommends these issues to the leadership and Member Committees of WEC. The input of delegates to the World Energy Congress and other energy institutions is critical on how to address and promote profitable policy actions.
Deciding the Future: Energy Policy Scenarios to 2050 World Energy Council 2007 Further Reading 87 9. Further Reading “All things are ready if our minds be so.” William Shakespeare 1. Energy and Climate Change, World Energy Council, London, 2007 2. 2007 Survey of Energy Resources, World Energy Council, London, 2007 3. Energy Technology Perspectives: Scenarios & Strategies to 2050, International Energy Agency, Paris, 2006 4. World Energy Outlook 2007, International Energy Agency, Paris, 2007 5. 2007 Global Energy Survey, World Energy Council, Korn/Ferry International, London, 2007 6. Curbing Global Energy Demand Growth: The Energy Productivity Opportunity, McKinsey Global Institute, New York, 2007 7. Transport Technologies and Policy Scenarios to 2050, World Energy Council, London, 2007 8. An Energy Policy for Europe – the need for action, European Commission, Directorate- General for Energy and Transport, Brussels, 2007 9. Facing the Hard Truth About Energy, National Petroleum Council, Washington, D.C., 2007 10. Framework for a Post-2012 Agreement on Climate Change, Global Leadership for Climate Action, 2007. 11. Regional Energy Integration in Africa Study, 2005. 12. Energy Integration in Latin American Study, 2007.
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