IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v39y2011i10p6331-6343.html
   My bibliography  Save this article

A multi-criteria evaluation of policy instruments for climate change mitigation in the power generation sector of Trinidad and Tobago

Author

Listed:
  • Heinrich Blechinger, Philipp Friedrich
  • Shah, Kalim U.

Abstract

Even as small island developing states (SIDS) like Trinidad and Tobago (T&T) increase industrialization and grapple with the challenges of increased pollution, few studies provide guidance to policy makers of such countries on appropriate policy measures and instruments that can be implemented to mitigate greenhouse gas emissions. Here we apply a multi-criteria evaluation methodology to ascertain preferences for policy measures and instruments in the power generation sector. Four broad policy measures and twelve policy instruments are assessed on criteria of environmental performance, feasibility of implementation and political acceptability. This method proves useful in T&T, since typical to many SIDS, the intensive data required by other policy assessment methods is unavailable. Results indicate little difference in preference among the four policy measures thereby indicating that a multi-pronged approach on several policy fronts is required. The most preferred policy instruments to operationalize measures included provision of subsidies for energy saving technologies, creating an industry wide carbon trading scheme and implementing a feed-in tariff to increase the use of renewable energy sources. This study therefore provides specific insights for policy makers in Trinidad and Tobago while also providing power generation sector specific guidance to other rapidly industrializing small island developing states.

Suggested Citation

  • Heinrich Blechinger, Philipp Friedrich & Shah, Kalim U., 2011. "A multi-criteria evaluation of policy instruments for climate change mitigation in the power generation sector of Trinidad and Tobago," Energy Policy, Elsevier, vol. 39(10), pages 6331-6343, October.
  • Handle: RePEc:eee:enepol:v:39:y:2011:i:10:p:6331-6343
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421511005660
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Hari Dulal & Gernot Brodnig & Kalim Shah, 2011. "Capital assets and institutional constraints to implementation of greenhouse gas mitigation options in agriculture," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 16(1), pages 1-23, January.
    2. Lipp, Judith, 2007. "Lessons for effective renewable electricity policy from Denmark, Germany and the United Kingdom," Energy Policy, Elsevier, vol. 35(11), pages 5481-5495, November.
    3. Kissel, Johannes M. & Hanitsch, Rolf & Krauter, Stefan C.W., 2009. "Cornerstones of a renewable energy law for emerging markets in South America," Energy Policy, Elsevier, vol. 37(9), pages 3621-3626, September.
    4. Valentina Bosetti & Carlo Carraro & Massimo Tavoni, 2009. "Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action," CESifo Working Paper Series 2742, CESifo Group Munich.
    5. Jos Sijm & Karsten Neuhoff & Yihsu Chen, 2006. "CO 2 cost pass-through and windfall profits in the power sector," Climate Policy, Taylor & Francis Journals, vol. 6(1), pages 49-72, January.
    6. Gamper, C.D. & Turcanu, C., 2007. "On the governmental use of multi-criteria analysis," Ecological Economics, Elsevier, vol. 62(2), pages 298-307, April.
    7. Konidari, Popi & Mavrakis, Dimitrios, 2007. "A multi-criteria evaluation method for climate change mitigation policy instruments," Energy Policy, Elsevier, vol. 35(12), pages 6235-6257, December.
    8. Iwaro, Joseph & Mwasha, Abraham, 2010. "A review of building energy regulation and policy for energy conservation in developing countries," Energy Policy, Elsevier, vol. 38(12), pages 7744-7755, December.
    9. Zografakis, Nikolaos & Menegaki, Angeliki N. & Tsagarakis, Konstantinos P., 2008. "Effective education for energy efficiency," Energy Policy, Elsevier, vol. 36(8), pages 3216-3222, August.
    10. Kalim Shah & Jorge Rivera, 2008. "Export processing zones and corporate environmental performance in emerging economies: The case of the oil, gas, and chemical sectors of Trinidad and Tobago," Policy Sciences, Springer;Society of Policy Sciences, vol. 41(2), pages 181-182, June.
    11. Lorde, Troy & Jackman, Mahalia & Thomas, Chrystol, 2009. "The macroeconomic effects of oil price fluctuations on a small open oil-producing country: The case of Trinidad and Tobago," Energy Policy, Elsevier, vol. 37(7), pages 2708-2716, July.
    12. MacKenzie, Donald, 2009. "Making things the same: Gases, emission rights and the politics of carbon markets," Accounting, Organizations and Society, Elsevier, vol. 34(3-4), pages 440-455, April.
    13. Oikonomou, V. & Becchis, F. & Steg, L. & Russolillo, D., 2009. "Energy saving and energy efficiency concepts for policy making," Energy Policy, Elsevier, vol. 37(11), pages 4787-4796, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Goldrath, T. & Ayalon, O. & Shechter, M., 2015. "A combined sustainability index for electricity efficiency measures," Energy Policy, Elsevier, vol. 86(C), pages 574-584.
    2. Andreas Welling, 2017. "Green Finance: Recent developments, characteristics and important actors," FEMM Working Papers 170002, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    3. Ince, David & Vredenburg, Harrie & Liu, Xiaoyu, 2016. "Drivers and inhibitors of renewable energy: A qualitative and quantitative study of the Caribbean," Energy Policy, Elsevier, vol. 98(C), pages 700-712.
    4. Simone Steinhilber & Jutta Geldermann & Martin Wietschel, 2016. "Renewables in the EU after 2020: a multi-criteria decision analysis in the context of the policy formation process," EURO Journal on Decision Processes, Springer;EURO - The Association of European Operational Research Societies, vol. 4(1), pages 119-155, June.
    5. Timilsina, Govinda R. & Shah, Kalim U., 2016. "Filling the gaps: Policy supports and interventions for scaling up renewable energy development in Small Island Developing States," Energy Policy, Elsevier, vol. 98(C), pages 653-662.
    6. Spyridaki, Niki-Artemis & Banaka, Stefania & Flamos, Alexandros, 2016. "Evaluating public policy instruments in the Greek building sector," Energy Policy, Elsevier, vol. 88(C), pages 528-543.
    7. Kalim Shah & Jorge Rivera, 2013. "Do industry associations influence corporate environmentalism in developing countries? Evidence from Trinidad and Tobago," Policy Sciences, Springer;Society of Policy Sciences, vol. 46(1), pages 39-62, March.
    8. de Melo, Conrado Augustus & Jannuzzi, Gilberto de Martino & Ferreira Tripodi, Aline, 2013. "Evaluating public policy mechanisms for climate change mitigation in Brazilian buildings sector," Energy Policy, Elsevier, vol. 61(C), pages 1200-1211.
    9. Romano, Antonio A. & Scandurra, Giuseppe & Carfora, Alfonso & Pansini, Rosaria V., 2016. "Assessing the determinants of SIDS' pattern toward sustainability: A statistical analysis," Energy Policy, Elsevier, vol. 98(C), pages 688-699.
    10. repec:eee:touman:v:55:y:2016:i:c:p:1-12 is not listed on IDEAS
    11. Dornan, Matthew & Shah, Kalim U., 2016. "Energy policy, aid, and the development of renewable energy resources in Small Island Developing States," Energy Policy, Elsevier, vol. 98(C), pages 759-767.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:39:y:2011:i:10:p:6331-6343. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/enpol .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.