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2018.05.08

Working Paper(18-002E) "Tariff Hike of Electricity by Hastened De-carbonization will Obstruct the Advent of Low Carbon Society"

This is working paper.

To solve the global warming problem, CO2 should be significantly reduced in the long run. To achieve this, "electrification" of the energy consumption, as well as de-carbonization of electricity" is also necessary. In Europe, however, policies such as the hasty promotion of renewables led to electricity tariff hikes, suppressing electrification. This may even delay the fundamental solution of the global warming issue. Japan needs to manage its policy adequately to avoid such risks. As a long term strategy, global warming mitigation should emphasize reduced power costs, rather than hasty de-carbonization.





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