Climate change policies in Poland : minimising abatement costs / Balázs Égert

Englisch

Paris : OECD, 2012

Online-Ressource : graph. Darst.

ECO/WKP(2012)30

Zsfassung in franz. Sprache

Systemvoraussetzungen: Acrobat Reader

DOI: 10.1787/5k9b7bz18m0x-en

*Environment ; Economics ; Poland

Klimawandel / Klimapolitik / Polen

Amtsdruckschrift / Government document / Arbeitspapier / Working paper / Online-Publikation / Online-publication

Journal of Economic Literature: H23

Journal of Economic Literature: Q48

Journal of Economic Literature: Q42

Journal of Economic Literature: Q41

Journal of Economic Literature: Q58

Journal of Economic Literature: Q52

Journal of Economic Literature: Q54

Journal of Economic Literature: Q53

Poland is on track to meet its international greenhouse-gas emissions commitments. However, it will need to cut emissions significantly in the future, if the European Commissions proposal on the Low Carbon Roadmap is adopted. Policies should ensure that the countrys substantial reduction potential, mainly linked to the energy sectors high emissions intensity, and implying overall abatement costs above the EU-average, is realised in a least-cost fashion by imposing an economy-wide single carbon price. This stands in contrast with current explicit and implicit carbon prices, which vary widely across different sectors of the economy. Crucial to least-cost abatement is also a high responsiveness to the EU-ETS carbon price signal. While Poland has made good progress in complying with EU regulations related to the energy sector, the large share of public ownership and the lack of effective separation between electricity producers and distributors may blur the price signal for investment decisions in generation capacity. The isolation of the Polish electricity market implies a need for more investment in low-emission technologies in Poland to achieve a given emissions-reduction target, whereas a deeper integration with neighbouring electricity markets would spread the burden more efficiently across countries. The cost-efficiency advantage of uniform support to renewables via green certificates should be retained to minimise abatement costs. Government policies aimed at a higher share of nuclear power and natural gas from shale formations need to take fully into account tail risks and the short- and long-term environmental costs of the use of the former and fully consider environmental risks related to extraction of the latter. Energy efficiency policies can help to address market failure but should not be allowed to distort relative carbon prices. This Working Paper relates to the 2012 OECD Economic Review of Poland (www.oecd.org/eco/surveys/Poland).

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