ASSESSING INITIAL CONDITIONS AND ETS OUTCOMES IN A FOSSIL-FUEL DEPENDENT ECONOMY

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dc.contributor.authorHowie, Peter
dc.contributor.authorAtakhanova, Zauresh
dc.date.accessioned2022-07-25T07:51:13Z
dc.date.available2022-07-25T07:51:13Z
dc.date.issued2022
dc.description.abstractWe analyze the energy market and ETS outcomes in Kazakhstan, a major fossil-fuel exporter. The energy market was characterized by the presence of large state-owned enterprises, prevalence of fossil fuel subsidies, and dominance of coal-fired generation. Despite the ETS, Kazakhstan’s CO2 emissions and CO2 emissions intensity of its power sector continued to grow. Power sector investment and prices declined while CO2 emissions intensity of GDP reversed its downward trend. To increase ETS effectiveness it is necessary to prioritize stakeholder engagement, address deficiencies in carbon allowance allocation and trading, and enhance the carbon cost pass through mechanism. Finally, formulating and implementing a comprehensive low-carbon transition strategy should improve ETS outcomes.en_US
dc.identifier.citationHowie, P., & Atakhanova, Z. (2022). Assessing initial conditions and ETS outcomes in a fossil-fuel dependent economy. Energy Strategy Reviews, 40, 100818. https://doi.org/10.1016/j.esr.2022.100818en_US
dc.identifier.urihttp://nur.nu.edu.kz/handle/123456789/6524
dc.language.isoenen_US
dc.publisherEnergy Strategy Reviewsen_US
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 United States*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/us/*
dc.subjectType of access: Open Accessen_US
dc.subjectClimate policyen_US
dc.subjectCap-and-tradeen_US
dc.subjectFossil-fuel subsidiesen_US
dc.subjectCarbon priceen_US
dc.titleASSESSING INITIAL CONDITIONS AND ETS OUTCOMES IN A FOSSIL-FUEL DEPENDENT ECONOMYen_US
dc.typeArticleen_US
workflow.import.sourcescience

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