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Amit Bando is an economic analyst and policy scientist. He works with the private sector on clean technology finance issues and with organizations such as the International Energy Agency (IEA) and the Global Green Growth Institute (3GI) on program design and implementation issues.
Bando completed his graduate and post-graduate studies in Economics and Statistics at the University of Minnesota, Delhi School of Economics and St. Stephen's College, Delhi. He is based in Paris. [1]
Earlier in his career, Bando has taught at the Universities of Chicago, Minnesota and Illinois, and New Mexico State University.
During his career as a policy scientist at the United States Department of Energy and an international consultant, Bando has worked in over 60 nations to promote innovative financing [2] of clean energy initiatives and climate change mitigation/adaptation options. In the past five years alone, he has programmed over $1.5 billion worldwide. In addition, he has helped establish the Chicago Climate Exchange, led the development of the US National Energy Modeling System (NEMS) [3] and represented the US at the Rio Earth Summit as well as at other ministerial forums on energy efficiency, [4] climate change and the environment. He has developed several widely used monitoring and evaluation tools for low-carbon initiatives. [5]
As an entrepreneur, Bando has founded an international management advisory firm, [6] [7] currently operating with a $50 million (annual) portfolio of projects [8] in urban clean infrastructure development, institutional reform, governance and micro-finance. In the US, his pioneering efforts have provided greater access to clean technology alternatives among minority populations. [9] In addition, he has founded the Center for Econometric Modeling and Forecasting (CEMAF) -- a for-profit research institution working on US-Mexico border issues. [10]
Bando has published [11] [12] papers on the economic evaluation of environmental impacts and presented numerous workshops [13] [14] [15] on clean investment finance [16] and environmental management. [17] He has helped private sector entities understand development-financing issues and has designed/implemented training programs [18] for agencies such as the Asian Development Bank (ADB), [19] World Bank, USAID, [20] NASA, [21] United States Environmental Protection Agency (USEPA) and the United States Department of Energy (USDOE). [22] Working with legal experts, Mr. Bando often testifies on the economic implications of regulations on energy and the environment. [23] [24]
The Kyoto Protocol (Japanese: 京都議定書, Hepburn: Kyōto Giteisho) was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (Canada withdrew from the protocol, effective December 2012) to the Protocol in 2020.
Renewable energy is energy from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power and hydropower. Bioenergy and geothermal power are also significant in some countries. Some also consider nuclear power a renewable power source, although this is controversial. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy is often deployed together with further electrification. This has several benefits: electricity can move heat and vehicles efficiently, and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, controllable renewable energy sources include dammed hydroelectricity, bioenergy, or geothermal power.
Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs." Definitions of sustainable energy usually look at its effects on the environment, the economy, and society. These impacts range from greenhouse gas emissions and air pollution to energy poverty and toxic waste. Renewable energy sources such as wind, hydro, solar, and geothermal energy can cause environmental damage, but are generally far more sustainable than fossil fuel sources.
Energy in the United Kingdom came mostly from fossil fuels in 2021. Total energy consumption in the United Kingdom was 142.0 million tonnes of oil equivalent in 2019. In 2014, the UK had an energy consumption per capita of 2.78 tonnes of oil equivalent compared to a world average of 1.92 tonnes of oil equivalent. Demand for electricity in 2023 was 29.6 GW on average, supplied through 235 TWh of UK-based generation and 24 TWh of energy imports.
FutureCoal is an international non-profit, non-governmental association based in London, United Kingdom. It was created to represent the global coal industry. The association was formerly called the World Coal Association (WCA) until 2023 and the World Coal Institute (WCI) until 2010. FutureCoal undertakes lobbying, organises workshops, and provides coal information to decision makers in international energy and environmental policy and research discussions, as well as supplying information to the general public and educational organisations on the benefits and issues surrounding the use of coal. It also promotes clean coal technologies.
A low-carbon economy (LCE) is an economy which absorbs as much greenhouse gas as it emits. Greenhouse gas (GHG) emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. There are many proven approaches for moving to a low-carbon economy, such as encouraging renewable energy transition, energy conservation, electrification of transportation, and carbon capture and storage. An example are zero-carbon cities.
Denmark has considerable sources of oil and natural gas in the North Sea and ranked as number 32 in the world among net exporters of crude oil in 2008. Denmark expects to be self-sufficient with oil until 2050. However, gas resources are expected to decline, and production may decline below consumption in 2020, making imports necessary. Denmark imports around 12% of its energy.
Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include biomass, hydroelectricity, geothermal power and heat. Second-generation technologies are market-ready and are being deployed at the present time; they include solar heating, photovoltaics, wind power, solar thermal power stations, and modern forms of bioenergy. Third-generation technologies require continued R&D efforts in order to make large contributions on a global scale and include advanced biomass gasification, hot-dry-rock geothermal power, and ocean energy. In 2019, nearly 75% of new installed electricity generation capacity used renewable energy and the International Energy Agency (IEA) has predicted that by 2025, renewable capacity will meet 35% of global power generation.
The United States produced 5.2 billion metric tons of carbon dioxide equivalent greenhouse gas (GHG) emissions in 2020, the second largest in the world after greenhouse gas emissions by China and among the countries with the highest greenhouse gas emissions per person. In 2019 China is estimated to have emitted 27% of world GHG, followed by the United States with 11%, then India with 6.6%. In total the United States has emitted a quarter of world GHG, more than any other country. Annual emissions are over 15 tons per person and, amongst the top eight emitters, is the highest country by greenhouse gas emissions per person.
China is both the world's largest energy consumer and the largest industrial country, and ensuring adequate energy supply to sustain economic growth has been a core concern of the Chinese Government since the founding of the People's Republic of China in 1949. Since the country's industrialization in the 1960s, China is currently the world's largest emitter of greenhouse gases, and coal in China is a major cause of global warming. However, from 2010 to 2015 China reduced energy consumption per unit of GDP by 18%, and CO2 emissions per unit of GDP by 20%. On a per-capita basis, China was only the world's 51st largest emitter of greenhouse gases in 2016. China is also the world's largest renewable energy producer, and the largest producer of hydroelectricity, solar power and wind power in the world. The energy policy of China is connected to its industrial policy, where the goals of China's industrial production dictate its energy demand managements.
Fossil fuel phase-out is the gradual reduction of the use and production of fossil fuels to zero, to reduce deaths and illness from air pollution, limit climate change, and strengthen energy independence. It is part of the ongoing renewable energy transition, but is being hindered by fossil fuel subsidies.
Pamposh Bhat is a New Delhi–based environmentalist and award-winning writer. Bhat has been awarded the prestigious Rajbhasha Award for Poetry in 1995 for her work "Kshitij Ki Khoj Mein" .
The Kyoto Protocol was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change. A number of governments across the world took a variety of actions.
Coal phase-out is an environmental policy intended to stop burning coal in coal-fired power plants and elsewhere, and is part of fossil fuel phase-out. Coal is the most carbon-intensive fossil fuel, therefore phasing it out is critical to limiting climate change as laid out in the Paris Climate Agreement. The International Energy Agency (IEA) estimates that coal is responsible for over 30% of the global average temperature increase above pre-industrial levels. Some countries in the Powering Past Coal Alliance have already stopped.
Electricity in Cyprus is managed by the Electricity Authority of Cyprus. Power is primarily generated at three fuel oil-burning stations but the use of distributed renewable energy is expanding.
Solar power in Mexico has the potential to produce vast amounts of energy. 70% of the country has an insolation of greater than 4.5 kWh/m2/day. Using 15% efficient photovoltaics, a square 25 km (16 mi) on each side in the state of Chihuahua or the Sonoran Desert could supply all of Mexico's electricity.
The 2030 Agenda for Sustainable Development, adopted by all United Nations members in 2015, created 17 world Sustainable Development Goals (SDGs). They were created with the aim of "peace and prosperity for people and the planet..." – while tackling climate change and working to preserve oceans and forests. The SDGs highlight the connections between the environmental, social and economic aspects of sustainable development. Sustainability is at the center of the SDGs.
An energy transition is a major structural change to energy supply and consumption in an energy system. Currently, a transition to sustainable energy is underway to limit climate change. As much sustainable energy is renewable it is also known as the renewable energy transition. The current transition aims to reduce greenhouse gas emissions from energy quickly and sustainably, mostly by phasing-down fossil fuels and changing as many processes as possible to operate on low carbon electricity. A previous energy transition perhaps took place during the Industrial Revolution from 1760 onwards, from wood and other biomass to coal, followed by oil and later natural gas.
Fossil fuel subsidies are energy subsidies on fossil fuels. They may be tax breaks on consumption, such as a lower sales tax on natural gas for residential heating; or subsidies on production, such as tax breaks on exploration for oil. Or they may be free or cheap negative externalities; such as air pollution or climate change due to burning gasoline, diesel and jet fuel. Some fossil fuel subsidies are via electricity generation, such as subsidies for coal-fired power stations.
Sustainable Development Goal 7 is one of 17 Sustainable Development Goals established by the United Nations General Assembly in 2015. It aims to "Ensure access to affordable, reliable, sustainable and modern energy for all." Access to energy is an important pillar for the wellbeing of the people as well as for economic development and poverty alleviation.
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