TY - GEN AU - Blyth,William TI - The Economics of Transition in the Power Sector T2 - IEA Energy Papers, PY - 2010/// CY - Paris PB - OECD Publishing KW - Energy N2 - Power generation from fossil fuel is one of the largest sources of greenhouse gas emissions, representing 41% of global energy-related CO2 emissions. Combined with the fact that there are a number of low-carbon technologies available for generating electricity, the sector is therefore a key policy target for delivering near-term and long-term reductions in emissions. This report identifies the importance of these risk factors in the economics of transition by illustrating the case of investment in the power sector. To a great extent, the transition to a lowcarbon power sector means dealing with coal plants, which is the largest contributor, accounting for 73% of global power sector CO2 emissions, and particularly those from the United States, Europe and China, which contribute 17%, 9% and 24% respectively of global power sector CO2 emissions UR - https://s443-doi-org.br.lsproxy.net/10.1787/5kmh3njfk8vf-en ER -