Economic modeling

Cutting CO2 emissions from road vehicles is essential and necessary to reduce long-term greenhouse gas (GHG) emissions in France. The transport sector is still responsible for more than 30% of national emissions, making it the sector with the highest level of emissions. The development of new low-carbon powertrains may also result in an improvement in air quality and help reduce our reliance on imported fossil fuels.

In its “sustainable development” scenario, the International Energy Agency (IEA) considers energy efficiency to be the primary lever for reducing CO2 emissions (see diagram). The Intergovernmental Panel on Climate Change (IPCC) also considers energy efficiency as a key element of the ecological transition. (...) But this strategy could prove to be flawed in that it disregards a phenomenon that has long been at work to counteract the benefits of energy efficiency: the “rebound effect”.

The period 2012-2020, during which IFP School hosted the teaching and research Chair dedicated to this theme was also a period of fundamental change in terms of economic analysis of the environment and energy, with an increased interest in issues related to sustainable development.

In 2016, IFP School joined forces with Mines ParisTech, Toulouse School of Economics and Paris Dauphine-PSL University to launch an original scientific initiative: the ”Economics of Natural Gas” Chair. The creation of this Chair resulted from a series of observations concerning the scientific and societal relevance of questions related to gas (particularly in the context of the energy transition and the rapid development of new technologies) and the opportunities offered by the complementary nature of the expertise present.

The widespread adoption of CO2 capture and storage (CCS), a key factor in combating climate change, requires the joint adoption of these technologies by independent players: emitters, transporters