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Best practices to mitigate CO2 operational emissions: A case study of the Basque Country energy ecosystem

Author

Listed:
  • Salvador Acha

    (Imperial College London)

  • Aitor Soler

    (Imperial College London)

  • Nilay Shah

    (Imperial College London)

Abstract

This work reviews the best practices to reduce CO2 emissions in energy intensive organizations and energy value-chains by highlighting the synergy that can be built with like-minded organizations via collaborations; taking the Basque Country as a case study. An academic review covers how corporate strategies are attempting to curtail emissions in a systematic manner. The study is then complimented by findings obtained from interviews of key stakeholders in the Basque Country responsible for playing an important role in implementing a green agenda. The interviews allow us to highlight flagship projects and assess the collaborative framework strengths and challenges. Results indicate that organizations are well underway in implementing and researching low carbon solutions, but issues surrounding governance, strategy, and regulatory challenges can slow progress of goals.

Suggested Citation

  • Salvador Acha & Aitor Soler & Nilay Shah, 2021. "Best practices to mitigate CO2 operational emissions: A case study of the Basque Country energy ecosystem," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 99(01), pages 183-211.
    • Handle: RePEc:ekz:ekonoz:2021111
    as

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    References listed on IDEAS

    as
    1. Raj Aggarwal & Sandra Dow, 2012. "Corporate governance and business strategies for climate change and environmental mitigation," The European Journal of Finance, Taylor & Francis Journals, vol. 18(3-4), pages 311-331, April.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    carbon mitigation; decarbonisation; enviromental policy; low carbon technologies; sustainability best practice;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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