Towards climate neutrality: economic impacts, opportunities and risks

Contribution List

3. Computable General Equilibrium Model as a Tool to Assess the Impact of Climate Policy in Latvia

Dr Olegs Krasnopjorovs (University of Latvia; Bank of Latvia)

Abstract. Ambitious climate policy targets by developed countries towards carbon neutrality created a necessity to model the impact of climate policy on macroeconomic and socioeconomic indicators. Academic literature suggests that Computable General Equilibrium (CGE) model representing the entire economy, linked with a TIMES model reflecting the energy sector in detail, proved to be an...

9. CSR and its Role in Communicating Climate Change Challenges

Oļegs Ņikadimovs (University of Latvia)

Corporate world has long assessed the importance of the corporate social responsibility (CSR). Climate and environmental impact are one of the most important parts of CSR reporting and communication. Firms, communities, and individuals must shift their perspectives on CSR from voluntary actions to almost obligatory initiatives. In light of expected climate challenges, this study advocates...

11. Distributional Implications of GHG mitigation policies: Methods and Insights

Leonidas Paroussos (E3-Modelling), Mr Kostas Fragkiadakis (E3Modelling)

The decarbonization of the energy system will not impact uniformly the different activities of the economy. Countries and sectors producing materials, equipment and services related to reducing GHG emissions (such as RES technologies, batteries, energy saving equipment, RES fuels) will benefit from the eenrgy system transformation whereas activities related to the generation of GHG emissions...

12. Energy Equity and its Evaluation Methodologies

Romans Oleksijs

Keywords: Energy trilemma, Energy Equity, WEC methodology, energy performance in Latvia, new indicators / tools.

Energy Equity is important to guarantee the economical wealth of the population and business in countries. The overall global preview is developed according to the World Energy Council (WEC) energy trilemma methodology which assesses the performance of many countries around the...

10. Latvia's green energy development - at what expense?

Mr Anrijs Tukulis, Ms Viskuba Viskuba

Abstract

In 2019 The European Union member countries made a pact that they will become climate-neutral by the year 2050. Since the goal is quite ambitious, the authors of the research have stated the problem of the study- An insufficient set of activities in the Latvian energy sector will lead to a gradual deterioration of the Latvian Sustainability Index and achievement of the set goals,...

8. Life cycle assessment of renewable energy sources towards climate neutrality

Mrs Ana Sousa (FELPT and CERENA, University of Lisbon - IST, Portugal)

The National Energy and Climate Plan 2030 (PNEC 2030) is the most recent instrument defining the Portuguese decarbonisation strategy. In a 2030 horizon, it sets ambitious targets for reducing greenhouse gases, incorporating renewable energies, improving energy efficiency, and increasing energy security.
This study compares renewable energy sources (RES) and natural gas’ environmental impacts...

4. Structural limits of Czech energy policy

Tomas Vlcek

Since the first State Energy Policy of Czech Republic in 2004, the country has based its energy policy efforts around two concepts: independence and autarchy. This philosophical background leads to long-term support of conventional fossil fuels industry: coal, nuclear and natural gas power plants with very rigid acceptance of modern energy policy approaches. Long-term interference of Czech...

7. The Energy Trilemma Index as a tool to support national security of energy system towards climate neutrality

Edgars Groza, Inese Karpovica, Edgars Smiltans

The World Energy Council’s (WEC’s) Energy Trilemma Index tool ranks 127 countries on their energy system performance through 3 dimensions: energy security, energy equity, environmental sustainability. The goal of the Index is to provide insights into a country’s relative energy system effectiveness in each dimension and together. Highlighting challenges and opportunities for improvements, for...

6. The potential impact of energy policies on energy costs

Mr Kārlis Piģēns

Moving forward to the ambitious goals of climate neutrality governments are looking for the most cost-efficient solutions. Due to this, it is highly important to identify the potential costs positions to be reflected in the zero emissions models. The research focuses on the different world sustainable energy policy scenarios and corresponding policy instruments in relation with the factors...

13. Tourism Transformation into Responsible Form towards the Sustainable Development

Deimena Montvydaitė (PhD student at Klaipeda University, Lithuania)

Tourism is a cross-cutting economic activity with a wide-ranging impact on the environment, climate and economy, in particular on the regions’ economic growth, employment and social and sustainable development. For quite a long time, the development of tourism was based on economic goals – income generation, export of services, job creation. However, with the emergence of tourism monoculture...

14. TOWARDS CLIMATE NEUTRALITY: DIMINISHING OF THE CO2 EMISSIONS IN CONSTRUCTION MATERIALS’ PRODUCTION IN LATVIA

Ludmila Lozova (University of Latvia)

Keywords: “green economy”; construction materials; CO2 emission reduction.

According to the Regulation 2018/842 of the European Parliament and of the Council, EU countries should reduce the emission of the CO2 and not only by offering alternative energy sources, renovating (insulating) existing buildings, using electric transport, sorting waste etc., but also by using “greener” building...