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Objectiver le débat sur le financement de la transition énergétique : quelles leçons tirer du cas français ?

Author

Listed:
  • Ian Cochran
  • Benoît Leguet
  • Romain Morel

Abstract

This article looks at issues related to financing the fight against climate change and the broader energy transition. There is a heated and exciting debate both nationally and globally on these issues today. However, discussions often rely on methodological approaches and data which are sometimes insufficient or poorly understood. With this in mind, this article presents the results of a recent study identifying financial flows dedicated to the fight against climate change in France. It then addresses the limitations of such an exercise, including the difficulty of looking at the more general redirection of flows towards investments coherent with a future low-carbon economy that is also resilient to extreme climate events. For this, the article proposes a paradigm shift towards thinking in terms of consistency and inconsistency related to a ?transition? rather than focusing on investments ?dedicated? to the fight against climate change. The use of reliable and shared future low-carbon climate resilient scenarios seems promising ? and necessary. Classification JEL: H54, O44, Q01, Q51, Q54, Q56.

Suggested Citation

  • Ian Cochran & Benoît Leguet & Romain Morel, 2015. "Objectiver le débat sur le financement de la transition énergétique : quelles leçons tirer du cas français ?," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 49-62.
    • Handle: RePEc:cai:refaef:ecofi_117_0049
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    More about this item

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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