2012 July Chinas transition to low carbon economy Andrews-Speed.pptVIP

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2012 July Chinas transition to low carbon economy Andrews-Speed.ppt

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2012 July Chinas transition to low carbon economy Andrews-Speed

* * * * * * * * * * * * * Why institutions? Transition to a low-carbon economy will be constrained by many factors: structure and rate of growth of the economy resource endowment and existing infrastructure and the governance of the energy sector INSTITUTIONS Questions What elements in the manner in which China’s energy sector is governed are likely to assist or constrain the nation’s transition to a low-carbon economy? What are the implications for Chinas transition to a low-carbon economy? Aims To explore how the study of institutions may help to elaborate on the challenges lying at the heart of transition management To apply these ideas to the case of China See: Short report from Transatlantic Academy /publications Book: Governance of Energy in China. Transition to a Low-Carbon Economy (Palgrave Macmillan) September 2012 Structure of talk Socio-technical transitions Institutions Selected Chinese institutions Implications for low-carbon transition Socio-technical transitions Change in the system of social behaviours and rules relating to technology and technological advance. Steam engine, electricity, internal combustion engine, telecommunications Most such transitions: Driven mainly by perceived private benefits Take 50-100 years, maybe faster today ?In contrast the low-carbon transition: Is driven mainly by perceived public benefits Faces significant time pressure Requires direct government and societal support Obstacles to transition Obstacles ‘lock-in’: structure and rate of growth of the economy resource endowment and existing infrastructure actors with vested interests institutions of governance; adaptive capacity Transition management is about involving the whole of society in this change Institutions: the formal and informal rules of society, and beliefs 1. Embedded institutions: norms, beliefs, ideas 2. Institutional environment: political system, bureaucratic structures of government, judiciary, legal system. 3. Institutions which govern tran