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Fossil fuel importers can apply various climate and trade taxes to encourage fossil fuel-dependent countries to cooperate on climate mitigation, and fossil fuel-dependent countries can respond with alternative diversification and cooperation strategies. This paper runs macroeconomic model simulations of alternative strategies that the global community and fossil fuel-dependent countries can pursue to encourage and enable their participation in a global low-carbon transition. The following are the findings from the simulations. (i) Fuel importers' unilateral carbon taxes capture fossil fuel-dependent countries' resource rents and accelerate their emission-intensive diversification. (ii) Border taxes on the carbon content of imports from fossil fuel-dependent countries do not induce comprehensive cooperation, but broader trade sanctions do. (iii) Cooperative wellhead carbon taxes can achieve cooperation without trade wars. (iv) Lower-income fossil fuel-dependent countries with large untapped reserves need additional incentives and enablers to cooperate and diversify into low-carbon assets. (v) Incentives to cooperate are misaligned between different fossil fuel-dependent countries and between owners of different fuels. (vi) The strategies that maximize consumption and growth in fossil fuel-dependent countries reduce the value of assets in extractive and heavy industries. (vii) Asset diversification is a robust, long-term strategy but faces the tragedy of the horizon.

Carbon Policy --- Carbon Policy and Trading --- Carbon Tax --- Climate Change and Environment --- Climate Change Mitigation and Green House Gases --- Climate Clubs --- Climate Cooperation --- Decarbonization --- Diversification --- Energy --- Energy and Environment --- Environment --- Environmental Economics and Policies --- Fossil Fuel-Dependent Country --- Low Carbon Development --- Low Carbon Transition --- Oil and Gas

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"Focusing on trends in energy supply and demand, this text provides students with a comprehensive account of the subject and an understanding of how to use data analysis and modeling to make future projections and study climate impacts. Developments in technology and policy are discussed in depth, including the role of coal, the fracking revolutions for oil and gas, the electricity grid, wind and solar power, battery storage, and biofuels. Trends in demand are also detailed, with analysis of industrial demands such as LEDs, air conditioning, heat pumps, and information technology, and the transportation demands of railroads, ships, and cars (including electric vehicles). The environmental impacts of the energy industry are considered throughout, and a full chapter is dedicated to climate change. Real-life case studies and examples add context, and over 400 full-color figures illustrate key concepts. Accompanied by a package of online resources including solutions, video examples, sample data, and PowerPoint slides, this is an ideal text for courses on energy and is accessible to a range of students from engineering and related disciplines. Written in a fresh, engaging style accessible to students from a range of backgrounds. Case studies and examples demonstrate the successes and failures of real-life models, policies, and industry developments. Focuses on trends and projections, with an emphasis on climate impacts. End of chapter exercises are included for homework and self-study, along with lists of key concepts to review" [Publisher]

Fossil fuels. --- Force and energy --- Combustibles fossiles --- Énergie --- Sypply and demand --- Offre et demande --- Sypply and demand. --- Offre et demande. --- Fossil fuels --- Supply and demand --- Energy consumption --- Environmental aspects --- Fossil energy --- Fuel --- Energy minerals --- 620.91 --- 620.91 Energy resources in general. Natural sources of energy --- Energy resources in general. Natural sources of energy --- Fossil fuels - Environmental aspects --- Fossil Fuels --- Fossil Fuel --- Fuel, Fossil --- Fuels, Fossil --- Oil and Gas Industry --- Coal Industry --- Énergie

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This book seeks to consistently explain the role of ideas and institutions in policy outcomes, and addresses the problem of how resource nationalism causes a deficit of public accountability in oil producing countries from Latin America and the Caribbean. The authors present a causal mechanism linking ideas and policy outcomes through institutional arrangements, focusing on policy design to describe the role of instruments selection and combination in improving or reducing public accountability through agenda setting, policy formulation, cross-sectorial coordination and political interplays. Guillaume Fontaine is a senior researcher at FLACSO, Ecuador. He specializes in comparative policy analysis. He coordinates the Public Accountability Project, a collective research about public accountability deficits in various Latin American countries. He has published extensively on social environmental conflicts and democratic governance in Latin America. Cecilia Medrano Caviedes is an analytical economist with a multidisciplinary background. Her research interests include the political economy of natural resources and the governance of extractive industries. She has been a consultant for the Natural Resource Governance Institute, Ciudadanos por la Transparencia, the Venezuelan Ministry of Finance, and UNESCO. Iván Narváez is Professor and Researcher at FLACSO, Ecuador. He graduated from the University Simon Bolivar, Ecuador, where he specialized in collective indigenous rights and comparative constitutional law. He has been Director of the Environmental Protection Office at Petroecuador and has published extensively about social and environmental issues related to oil activities in the Amazon region.

Petroleum industry and trade --- Public policy. --- Latin America—Politics and government. --- Comparative politics. --- Political leadership. --- Political science. --- Fossil fuels. --- Public Policy. --- Latin American Politics. --- Comparative Politics. --- Political Leadership. --- Governance and Government. --- Fossil Fuels (incl. Carbon Capture). --- Fossil energy --- Fuel --- Energy minerals --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- Social sciences --- State, The --- Leadership --- Comparative political systems --- Comparative politics --- Government, Comparative --- Political systems, Comparative --- Political science --- Political planning. --- America --- Comparative government. --- Cogeneration of electric power and heat. --- American Politics. --- Fossil Fuel. --- Combined electric power and heat production --- Electric power and heat cogeneration --- Heat and electric power cogeneration --- Electric power production --- Heat --- Planning in politics --- Public policy --- Planning --- Policy sciences --- Politics, Practical --- Public administration --- Politics and government.