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Energy Policy
Energy policies are the government's strategies and decisions regarding the Energy production, production, Energy distribution, distribution, and World energy supply and consumption, consumption of energy within a specific jurisdiction. Energy is essential for the functioning of modern economies because they require energy for many sectors, such as industry, transport, agriculture, housing. The main components of energy policy include legislation, international treaties, Energy subsidy, energy subsidies and other public policy techniques. The energy sector emits more greenhouse gas worldwide than any other sector. Therefore, energy policies are closely related to climate policies. These decisions affect how high the greenhouse gas emissions by that country are. Purposes Access to energy is critical for basic social needs, such as lighting, heating, cooking, and healthcare. Given the importance of energy, the price of energy has a direct effect on jobs, economic productivi ...
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Efficient Energy Use
Efficient energy use, or energy efficiency, is the process of reducing the amount of energy required to provide products and services. There are many technologies and methods available that are more energy efficient than conventional systems. For example, building insulation, insulating a building allows it to use less heating and cooling energy while still maintaining a Thermal comfort, comfortable temperature. Another method made by Lev Levich is to remove energy subsidies that promote high energy consumption and inefficient energy use. Improved energy efficiency in Green building, buildings, industrial processes and Energy efficiency in transport, transportation could reduce the world's energy needs in 2050 by one third. There are two main motivations to improve energy efficiency. Firstly, one motivation is to achieve Operating cost, cost savings during the operation of the appliance or process. However, installing an energy-efficient technology comes with an upfront cost, the ...
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Social Policy
Some professionals and universities consider social policy a subset of public policy, while other practitioners characterize social policy and public policy to be two separate, competing approaches for the same public interest (similar to MD and DO in healthcare), with social policy deemed more holistic than public policy. Whichever of these persuasions a university adheres to, social policy begins with the study of the welfare state and social services. It consists of guidelines, principles, legislation and associated activities that affect the living conditions conducive to human welfare, such as a person's quality of life. The Department of Social Policy at the London School of Economics defines social policy as "an interdisciplinary and applied subject concerned with the analysis of societies' responses to social need", which seeks to foster in its students a capacity to understand theory and evidence drawn from a wide range of social science disciplines, including ec ...
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Emission Standard
Emission standards are the legal requirements governing air pollutants released into the atmosphere. Emission standards set quantitative limits on the permissible amount of specific air pollutants that may be released from specific sources over specific timeframes. They are generally designed to achieve air quality standards and to protect human life. Different regions and countries have different standards for vehicle emissions. Regulated sources Many emissions standards focus on regulating pollutants released by automobiles (motor cars) and other powered vehicles. Others regulate emissions from industry, power plants, small equipment such as lawn mowers and diesel generators, and other sources of air pollution. The first automobile emissions standards were enacted in 1963 in the United States, mainly as a response to Los Angeles' smog problems. Three years later Japan enacted their first emissions rules, followed between 1970 and 1972 by Canada, Australia, and several ...
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Minimum Efficiency Performance Standards
A minimum energy performance standard (MEPS) is a specification, containing a number of performance requirements for an energy-using device, that effectively limits the maximum amount of energy that may be consumed by a product in performing a specified task. An MEPS is usually made mandatory by a government's Efficient energy use, energy efficiency body. It may include requirements not directly related to energy; this is to ensure that general performance and user satisfaction are not adversely affected by increasing energy efficiency. It generally requires use of a particular test procedure that specifies how performance is measured. In North America when addressing energy efficiency, a MEPS is sometimes referred to simply as a "standard", as in "Co-operation on Collaborative Labeling and Appliance Standards Program (CLASP), Labeling and Standards Programs". In Latin America when addressing energy efficiency, MEPS are sometimes referred to as ''Normas'' (translated as "norms"). ...
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Efficient Energy Use
Efficient energy use, or energy efficiency, is the process of reducing the amount of energy required to provide products and services. There are many technologies and methods available that are more energy efficient than conventional systems. For example, building insulation, insulating a building allows it to use less heating and cooling energy while still maintaining a Thermal comfort, comfortable temperature. Another method made by Lev Levich is to remove energy subsidies that promote high energy consumption and inefficient energy use. Improved energy efficiency in Green building, buildings, industrial processes and Energy efficiency in transport, transportation could reduce the world's energy needs in 2050 by one third. There are two main motivations to improve energy efficiency. Firstly, one motivation is to achieve Operating cost, cost savings during the operation of the appliance or process. However, installing an energy-efficient technology comes with an upfront cost, the ...
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Energy Subsidies
Energy subsidies are measures that keep prices for customers below market levels, or for suppliers above market levels, or reduce costs for customers and suppliers. Energy subsidies may be direct cash transfers to suppliers, customers, or related bodies, as well as indirect support mechanisms, such as tax exemptions and rebates, price controls, trade restrictions, and limits on market access. During FY 2016–22, most US federal subsidies were for renewable energy producers (primarily biofuels, wind, and solar), low-income households, and energy-efficiency improvements. During FY 2016–22, nearly half (46%) of federal energy subsidies were associated with renewable energy, and 35% were associated with energy end uses. Federal support for renewable energy of all types more than doubled, from $7.4 billion in FY 2016 to $15.6 billion in FY 2022. The International Renewable Energy Agency tracked some $634 billion in energy-sector subsidies in 2020, and found that around 70% were ...
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Fiscal Policy
In economics and political science, fiscal policy is the use of government revenue collection ( taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorised that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation and to increase employment. In modern economies, inflation is conventionally considered "healthy" in the range of 2%–3%. Add ...
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Net Zero Emissions
Global net-zero emissions is reached when greenhouse gas emissions and removals due to human activities are in balance. It is often called simply net zero. ''Emissions'' can refer to all greenhouse gases or only carbon dioxide (). Reaching net zero is necessary to stop further global warming. It requires deep cuts in emissions, for example by shifting from fossil fuels to sustainable energy, improving energy efficiency and halting deforestation. A small remaining fraction of emissions can then be offset using carbon dioxide removal. People often use the terms ''net-zero emissions'', ''carbon neutrality,'' and ''climate neutrality'' with the same meaning. However, in some cases, these terms have different meanings. For example, some standards for ''carbon neutral certification'' allow a lot of carbon offsetting. But ''net zero standards'' require reducing emissions to more than 90% and then only offsetting the remaining 10% or less to fall in line with 1.5 °C targets. Organ ...
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Energy Intensity
Energy intensity is a Measurement, measure of the efficient energy use, energy inefficiency of an Economic system, economy. It is calculated as units of energy per unit of GDP (Gross Domestic Product) or some other measure of economic output. High energy intensities indicate a high price or cost of converting energy into GDP. On the other hand, low energy intensity indicates a lower price or cost of converting energy into GDP. The energy intensity of a country or region differs from its Efficient energy use, energy efficiency. Energy intensity is affected by climate, economic structure (e.g. services vs. manufacturing), trade, as well as the energy efficiency of buildings, vehicles, and industry. High energy intensity means high industrial output as portion of GDP. Countries with low energy intensity signifies labor intensive economy. Overview Many factors influence an economy's overall energy intensity. It may reflect requirements for general standards of living and weather ...
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Energy Planning
Energy planning has a number of different meanings, but the most common meaning of the term is the process of developing long-range policies to help guide the future of a local, national, regional or even the global energy system. Energy planning is often conducted within governmental organizations but may also be carried out by large energy companies such as electric utilities or oil and gas producers. These oil and gas producers release greenhouse gas emissions. Energy planning may be carried out with input from different stakeholders drawn from government agencies, local utilities, academia and other interest groups. Since 1973, energy modeling, on which energy planning is based, has developed significantly. Energy models can be classified into three groups: descriptive, normative, and futuristic forecasting. Energy planning is often conducted using integrated approaches that consider both the provision of energy supplies and the role of energy efficiency in reducing demands ...
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