Your SlideShare is downloading. ×
Can the oil and gas industry become a green economy leader
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Can the oil and gas industry become a green economy leader

371

Published on

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
371
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Can the oil and gasindustry become a green economy leader? Emma Wilson, IIED KAZAKHSTAN GREEN ECONOMY DIALOGUE 24-26 November 2011, Astana
  • 2. The challenge As a major producer and exporter of hydrocarbons, Kazakhstan needs to consider the role that fossil fuels will play in the transition to a green economy and more sustainable energy systems. Fossils can and should play a role in making a smooth transition, the question is how. We should be careful not to confuse this with ‘path dependence’.
  • 3. Key governance issues Revenue management: wise distribution of oil and gas wealth supports transition to a green economy Decisions on energy subsidies/incentives made across the energy sector: fossil fuels, renewable energy, nuclear Satisfying and regulating domestic demand for energy services, encouraging efficient consumption Energy pricing: company profits vs consumer bills Promoting efficiency (regulation/technology investment) Resource sourcing: internalising costs of efficiency and risk management in production, processing, transportation
  • 4. Typology of tools and approachesCategory of tools Examples BarriersTechnology  Energy efficiency technologies Cost; legislative gaps; publicinnovations  Carbon capture and storage acceptance; path dependenceProject  Life-cycle analysis Operational capacity; cost;management  Participatory cost-benefit methodological issues (lack oftools analysis agreement)  Company systems, lender standards (e.g. EIA, Codes)Programmatic  Strategic environmental Cost and lack of commitmentdevelopment assessment to finance such processes;planning tools  Revenue management tools methodological and procedural  Scenario planning challenges  Road mapsPolicy incentives  Carbon pricing Legislative gaps; lack of  Subsidy reform evidence on effectiveness;  R&D investment planning resistance to removal of fossil fuel subsidiesTransparency/  Global initiatives (e.g. EITI) Cost; buy-in from government;accountability  National and local budget usefulness/appropriateness ofinitiatives transparency initiatives reporting parameters  Sustainability reporting (GRI)
  • 5. Shell scenarios1. Scramble – policymakers pay little attention to moreefficient energy use until supplies are tight. Likewise,greenhouse gas emissions are not seriously addresseduntil there are major climate shocks.2. Blueprints – growing local actions begin to addressthe challenges of economic development, energy securityand environmental pollution. A price is applied toemissions, stimulating the development of clean energytechnologies and energy efficiency measures. The result isfar lower carbon dioxide emissions.
  • 6. Source: Vision 2050: The new agenda for business , WBCSDhttp://www.wbcsd.org/pages/edocument/edocumentdetails.aspx?id=219&nosearchcontextkey=true
  • 7. Next steps? Identify a green economy role for business (what is the business case?) Use multi-stakeholder forums to build dialogue and understanding (what forums/modes of engagement are most appropriate or effective?) Build consensus on required policy incentives and regulations for a level playing field (what are the required policy changes?) Set targets, establish pathways to meet those targets, and develop appropriate measures of success (what metrics are appropriate to measure success?)

×