Why nations lead or lag in energy transitions: policy-driven change hinges on institutions that support insulation or compensation.

Meckling, Jonas, Lipscy, Phillip Y., Finnegan, Jared J. and Metz, Florence (2022) Why nations lead or lag in energy transitions: policy-driven change hinges on institutions that support insulation or compensation. Science (New York, N.Y.), 378 (6615). pp. 31-33. ISSN 1095-9203

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Abstract

Russia’s invasion of Ukraine has disrupted energy markets, producing price spikes reminiscent of the 1970s. Many suggest that the crisis may accelerate transitions away from fossil fuels and reduce greenhouse gas (GHG) emissions. Yet, governments have responded very differently to the price shock. Though some are prioritizing clean energy, others are doubling down on fossil fuel production. Why do countries respond so differently to the same problem? Access to domestic fossil fuel resources is only part of the story. Countries also vary in the political sources that enable transformational change in energy and climate policy (1, 2). We draw on two historical episodes illustrating variation in energy transitions across countries—the 1970s oil shocks, and policies to address climate change—to offer important lessons on the political opportunities and constraints for policy-makers across different countries to accelerate the transition to clean energy.

Item Type:	Article
Additional Information:	© 2022 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science.
Divisions:	Grantham Research Institute
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences
Date Deposited:	20 Oct 2022 11:54
Last Modified:	18 Apr 2024 03:30
URI:	http://eprints.lse.ac.uk/id/eprint/117138

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