Framework conditions for renewable energy: Towards a new era of carbonomics?

Abstract

There seems to be a broad consensus that we are in an “energy transition” towards a low-CO2 emissions power generation. This raises questions such as how much capital this transition will require, how financing will be sourced to support the transition and what the implications are for the economy. This chapter presents a review of major developments in the areas of public climate commitments, climate reporting standards, public support schemes and green fiscal and monetary policy initiatives.