This study examines the simultaneous relationships among oil prices, oil volatility, and two sub-sectors within alternative energy stocks: renewable energy equipment (REE) and alternative fuels (AF). The results confirm the existence of a bidirectional relationship. While most alternative energy...

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

Alternative fuels played a more and more important role in the U.S. fuel market in the last few decades. While most previous literature focused on oil, gasoline and biofuel prices, the studies on the topic of multiple alternative fuel prices were limited. Using U.S. fuel price data from the...

This paper identifies 40 economies heavily dependent on the extraction and exports of fossil fuels. Aside from a handful of primarily wealthier countries, most have little or no savings to help manage an inevitable steep fall in external demand under an ambitious global decarbonization scenario....

The dominant position of provincial market in China's power market structure makes the optimization process of power resource allocation insufficient and incomplete. In this study,the cause, scale measurement and elimination of inter-provincial barriers are considered and used to develop trading...

This paper provides a comprehensive evaluation of the world’s largest environmental tax reform. We compare carbon and air pollutant emissions of the German transport sector and synthetic counterfactuals following the 1999 eco-tax reform, and find average reductions in external damages of...

To foster domestic electricity production, Japan introduced a Feed-in-Tariff policy in 2012, financed by a renewable levy. This paper examines the impact of this tax on industrial, energy intensive (EI) sectors using plant data from 2005 to 2018. We explore whether the introduction of the levy...

This paper is the first to investigate the effectiveness of fuel taxation to jointly deliver climate and health benefits in a quasi-experimental setting. Using the synthetic control method, we compare carbon and air pollutant emissions of the actual and synthetic German transport sector...

This study explores how energy tax influences energy R&D investments, which further affect economic welfare, carbon emissions, and climate change under various emission abatement policies. Energy tax, as a market-based instrument, aims to adjust the energy R&D investments to the optimal level....

Die gegenwärtigen Kontroversen zu den Auswirkungen eines Energieembargos gegen Russland, ausgelöst durch Russlands Krieg gegen die Ukraine, haben den Fokus auf die Verringerung der Abhängigkeit von fossilen Energieträgern und eine Neuordnung der Energieversorgung gelegt....

Substitution between clean and dirty inputs and directed technical change, either clean energy-augmenting or dirty energy-augmenting, lie at the center of leading economic analyses of climate policy. Despite their theoretical interconnectedness, joint empirical assessments of these two factors...

Die gegenwärtigen Kontroversen zu den Auswirkungen eines Energieembargos gegen Russland, ausgelöst durch Russlands Krieg gegen die Ukraine, haben den Fokus auf die Verringerung der Abhängigkeit von fossilen Energieträgern und eine Neuordnung der Energieversorgung gelegt....

Biogas is considered to be an important source of renewable energy, the production of which is on a continuous rise and which can be decisive for the elimination of fossil fuels by 2050. To reduce the negative impact of human actions on the environment, we must take measures urgent for...

The degree of substitutability between clean and dirty energy plays a central role in leading economic analyses of optimal environmental policy. Despite the importance, a constant and exogenous elasticity of substitution has been a dominant theoretical approach. We challenge this assumption by...

Energy security and affordability are major concerns in the coming winter as Germany seeks substitutes for Russia’s energy supplies. We highlight the role of energy transition on its exposure to energy price shocks and its failure to include security considerations in its trading arrangements....

The degree of substitutability between clean and dirty energy plays a centralrole in leading economic analyses of optimal environmental policy. Despitethe importance, assuming a constant and exogenous elasticity of substitutionhas been a dominant theoretical approach. We challenge this...

Iran economy has high energy intensity and CO2 emission compared to other peer countries. This study adopts the Logarithmic Mean Divisia Index (LMDI-I) method to decompose the total energy intensity changes of the Iranian economy by considering inter-fuel substitution impacts of the economic...

Chapter 1: Introduction -- Chapter 2: International oil markets and the need for accelerated decarbonisation -- Chapter 3: How much oil shall we need anyway? -- Chapter 4: Will the need for energy security derail the energy transition? -- Chapter 5: OPEC+ and energy transition -- Chapter 6: Is...

This article develops a factual analysis of the renewable energy transition in Germany. Startingfrom the German decision to phase-out from nuclear power, an economic discussion is conducted on the specificities of this energy shift and its associated economic and environmental constraints. In...

This paper adds a fresh angle to the on-going debate on the potential negative employment effect of environmental policy by bringing to the fore a key factor that directly regulates its magnitude: the elasticity of substitution between labor and energy. Using firm-level data from the French...

Electrification of transportation and buildings to reduce greenhouse gas (GHG) emissions requires massive switching from natural gas and refined petroleum products. All three end-use energy sources are mispriced due in part to the unpriced pollution they emit. Natural gas and electricity...

Indonesia is the largest palm oil producer in the world and West Kalimantan Province is the second largest province in the palm oil industry with an area of 1.8 million hectares of plantation land. In palm oil processing at the plant, several types of waste are produced. One of them is liquid...

Optimal climate policy is studied. Coal, the abundant resource, contributes more CO2 per unit of energy than the exhaustible resource, oil. We characterize the optimal sequencing oil and coal and departures from the Herfindahl rule. “Preference reversal” can take place. If coal is very dirty...

Pakistan is presently in the phase of industrialization and urbanization, which is characterized by rigid energy demand and supply. This plays an imperative role in the economy, but the carbon dioxide emissions (CO2Es) from fossil fuels increases. As per research objectives, the current study...