In this research, the intertemporal optimal management of subsidies offered by the environmental regulator and the dynamic conflict between two groups of economic agents involved in environmental quality are discussed. First the environmental model is examined in its optimal control management...

The widespread consumer adoption of low-carbon technologies (LCTs) is a cornerstone of net zero targets worldwide, however LCTs may not be equally distributed across socioeconomic characteristics. Our paper contributes to the literature by exploring socioeconomic inequality in LCT adoption and...

The global energy landscape is undergoing a major transformation, upending decades of economic thinking built around resource scarcity. Unlike fossil fuels – continuously extracted from finite, geographically fixed deposits – renewable energy revolves around manufacturing technology that...

Carbon capture and storage (CCS) seems an appealing option to meet the ambitious objectives of the Paris Agreement. Captured CO2 emissions can also be injected in active fields to enhance recovery: Carbon capture and utilization (CCU). We study a dynamic model of CCS and CCU of an economy...

Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...

On the way to complying with the 2015 Paris agreements regarding climate change, there are notable differences between the positions of the countries. Even considering the same geographical area such as Europe, the existence of a supranational environmental policy, assumed by the 27 European...

Many developing countries depend crucially on open-access renewable natural resources (NR). Trade is generally viewed as hurting the long-term health of NR in commodity-exporting countries. I examine whether trade might be beneficial in the case of population growth. Dynamic general equilibrium...

The widespread consumer adoption of low-carbon technologies (LCTs) is a cornerstone of net zero targets worldwide, however LCTs may not be equally distributed across socioeconomic characteristics. Our paper contributes to the literature by exploring socioeconomic inequality in LCT adoption and...

The consecutive rises in the consumption of energy to attain economic growth have accelerated the extraction of natural resources, which have substantiated investments in green technology to pivot sustained economic growth. Therefore, the roles of natural resources (NRs) and renewable energy...

Robert S. Pindyck has made significant contributions to a wide and diverse range of economic literatures; summarizing them is challenging. To keep the length of this review manageable, I confine my discussion to four areas in which his contributions have been particularly notable: (i) economic...

Energy is an indubitable imperative for economic development, yet it also generates CO2 emissions, which are the leading cause of climate change and environmental deterioration. Renewable energy can stimulate economic growth and can help to achieve economic and environmental sustainability. This...

Mit den politischen Konzepten der nachhaltigen Bioökonomie ist die Hoffnung auf Wirtschaftsformen verbunden, die zirkulär produzieren, erneuerbare Ressourcen nutzen sowie sozial gerechtere Zugänge zu Ressourcen ermöglichen. Die Diskurse zu solchen Konzepten zeigen vorhandene und neu...

Across many developing nations, such as Rwanda, the absence of electricity has significantly reduced the economic impact of rural communities. A common practice in some locations is to process farm products using locally fabricated machines, which diminishes the quality and quantity of...

To address global climate change, many countries are reducing CO2 emissions and replacing conventional energy resources with alternative ones. When developing national energy plans, it is essential to investigate public perspectives on the relationship between renewable and other energy...

Renewable resources are affected by both environmental variability, which makes the year-to-year stock growth uncertain, and the risk of irreversible events (e.g., a stock collapse). Little is known about how a renewable resource harvester would optimally respond to the combined effects of both...

This study provides an overview of the use of natural gas and liquefied natural gas in Asia, both historic, current, and with an outlook for the future. Traditionally, Asia has been a strong liquefied natural gas producing region as well as the premier liquefied natural gas market. This...

This paper provides an overview of the energy transition in Asia. It sets out the underlying drivers and how these set energy transition priorities in China, India, and South East Asia. It particularly describes the role of (liquefied) natural gas in the growing energy demand and changing energy...

Carbon capture and storage (CCS) seems an appealing option to meet the ambitious objectives of the Paris Agreement. Captured carbon emissions can also be injected in active fields to enhance recovery: Carbon capture and utilization (CCU). We study a dynamic model of CCS and CCU of an economy...

We examine a game of harvesting a renewable common resource and investigate the ramifications of competition. We formulate the problem as an impulse control game between two competing harvesters and devise a new formulation of closed-loop impulse control strategies. In the case of non-zero setup...

Problem definition: We consider a production system where a certain resource is used as the key raw material. The firm needs to decide the production quantity in each period facing stochastic demand and subject to the resource capacity constraint. The resource is self-renewable, and the growth...

Fishery managers face an ongoing challenge in managing commercial fisheries in a way which enables the short-term delivery of economic benefits to commercial fishers while also ensuring those benefits do not compromise the ability of fish stocks to deliver benefits into the future. This...