Japan, South Korea, and Taiwan are deficient of domestic fossil energy sources and depend significantly on imported fuels. Since the oil shock in the 1970s, all three countries have promoted renewable energy as an alternative energy source to improve energy security. Currently, renewable energy is being promoted to build low-carbon economies. This study reviews the development of renewable energy policies and roadmaps. It also examines and compares strengths, weaknesses, opportunities, and threats (SWOT) of these countries in the context of advancing renewable energy policies and technologies and expanding domestic renewable energy installations, as well as strategically positioning themselves in the international renewable energy market as exporters of clean energy technologies. Through the SWOT analysis, this paper identifies a capacity for additional renewable energy deployment in these countries and highlights the necessity of increased cooperation between the three countries to strengthen their domestic and regional renewable energy sectors and compete in the global renewable energy market in the post-Fukushima era.
The paper studies two empirical correlations: one between economic growth and environmental impacts, and the other between the lack of economic growth and unemployment. It is demonstrated that, at a global level, economic growth is strongly correlated with environmental impacts, and barriers to fast decoupling are large and numerous. On the other hand, low or negative growth is highly correlated with increasing unemployment in most market economies, and strategies to change this lead to difficult questions and tradeoffs. The coexistence of these two correlations – which have rarely been studied together in the literature on “green growth”, “degrowth” and “a-growth” – justifies ambivalence about growth. To make key environmental goals compatible with full employment, the decoupling of environmental impacts from economic output has to be accompanied by a reduction of dependence on growth. In particular, strategies to tackle unemployment without the need for growth, several of which are studied in this article, need much more attention in research and policy.
As a global agreement on climate mitigation and absolute emissions reductions remains grid-locked, this paper assesses whether the prospects for international technology cooperation in low-carbon sectors can be improved. It analyses the case of international cooperation on electric vehicle technologies to elaborate on the trade-offs that cooperation such as this inherently attempts to balance– national growth objectives of industrial and technology development versus the global goods benefit of reducing greenhouse gas (GHG) emissions. It focuses on bilateral German-Chinese programmes for electric vehicle development, as well as multilateral platforms on low-carbon technology cooperation related to electric vehicles. Based on insights from these cases studies, this paper ultimately provides policy recommendations to address gaps in international technology cooperation at a bilateral level for ongoing German-Chinese engagement on electric vehicles; and at a multilateral level with a focus on the emerging technology cooperation framework of the United Nations Framework Convention on Climate Change (UNFCCC).
The authors find that from an international perspective, there is strong evidence that green investments are significantly different from SRI investments in terms of financial performance and underlying firm characteristics. Green equities outperformed SRI equities between 2003 and 2007, whereas they underperformed between 2008 and 2012 with absolute multi-factor alphas of more than 1 per cent per month in both directions. Green portfolios mainly contain stocks of low quality with weak business models that are highly capital-demanding but unprofitable, whereas SRI portfolios are principally characterized by stocks with well-conceived and profitable business models. The authors suggest that green investments can be considered as a sector bet on the renewable energy industry shaped by massive governmental subsidies during the mid-2000s.
This book is aimed at practitioners, students and scholars in architecture, urban planning and design. It features essays on ecologically sustainable cities by leading exponents of urban sustainability, case studies of the new directions low carbon cities might take and investigations of how we can mitigate urban heat stress in our cities’ microclimates. The book explores the underlying dimensions of how existing cities can be transformed into low carbon urban systems and describes the design of low carbon cities in theory and practice. It considers the connections between low carbon cities and sustainable design, social and individual values, public space, housing affordability, public transport and urban microclimates. Given the rapid urbanisation underway globally, and the need for all our cities to operate more sustainably, the book argues for the need to think about how spatial planning and design can help transform urban systems to create low carbon cities.