China is the largest CO2 emitter in the world, and it shared 28% of the global CO2 emissions in 2017. According to the Paris Agreement, it is estimated that China's CO2 emissions will reach its peak by 2030. However, whether or not the CO2 emissions in China will rise again from its peak is...

This paper contains 20 short articles which outline the views of OIES research fellows on some of the key themes for the global energy economy in 2022. Starting with views on the short-term outlook for oil, electricity and gas markets, the articles move on to cover LNG supply and Russian export...

Environmental sustainability and climatic change mitigation seem central in the fight against global warming and continuous human sustenance in the 21st century. However, non-renewable and renewable consumption energies lie at the core of these pollution concerns, particularly among the G20...

This research assessed that how various sources of energy such as renewable, fossil fuel, electricity generation using oil, and hydroelectric sources can influence the level of output in Pakistan. For this purpose, the ARDL bounds test using annual time series data from 1980 to 2019 is used to...

We analyze the energy market and ETS outcomes in Kazakhstan, a major fossil-fuel exporter. The energy market was characterized by the presence of large state-owned enterprises, prevalence of fossil fuel subsidies, and dominance of coal-fired generation. Despite the ETS, Kazakhstan's CO2...

Evidence-based policy of global warming is best relying on a relevant sample of data. We choose a sample of annual data from 1959 to-date to provide some statistically robust stylized facts about the relationships between actual CO2 and temperature. Visually, there is a clear upward trend in...

Aim: In the context of renewable and non-renewable energy, this paper aims to explore a range of renewable energy resources in Tanzania that are primarily expected to play a leading role in the supply of energy services in the country. Tanzania, like other countries in the world is striving to...

This study develops a computable general equilibrium model for Nigeria, which accounts for informality, tax evasion, and fuel smuggling. By studying the impact of fuel subsidy reform on consumption, tax incidence, and fiscal efficiency, it shows that the presence of illicit activities...

If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...

China is the largest CO2 emitter in the world, and it shared 28% of the global CO2 emissions in 2017. According to the Paris Agreement, it is estimated that China's CO2 emissions will reach its peak by 2030. However, whether or not the CO2 emissions in China will rise again from its peak is...

This paper investigates the time-varying spillovers among cryptocurrency, green and fossil fuel investments. Using a TVP-VAR network connectedness model, we find that the spillovers among cryptocurrency, green and fossil fuel assets vary over time and that they are more pronounced during crisis...

Consider a global institution with an exogenous budget that can reward each developing country based on its tax rate on the combustion of a given fossil fuel. I develop a model in which countries differ in the co-benefits that they derive from emissions reductions and also in their aversion to...

This paper models how key technological and financial aspects of a potential fossil fuel phase-out interact in a stylized setting. In the energy generation part of the model, the substitutability between green and dirty energy is endogenized such that firms can invest into substitutability...

Energy firms provide key sources of energy needed to power the world economy. This paper offers a current overview of major energy firms in Germany, including location, geographic operations, and financial performance. German energy firms increasingly use renewable energy sources, thereby...

Fossil fuel divestment refers to activist-led campaigns aiming to convince large institutional investors to sell their holdings in companies that operate in carbon-intensive sectors and industries. Part of a larger anti-fossil fuel movement, the growing momentum of the fossil fuel divestment...

Different reports including the broadly cited OECD fossil fuel subsidy inventory arrive at high monetary values of fossil fuel subsidies and suggest that phasing out these subsidies has a high potential to increase the efficiency of climate policies. We show that the inventory approach gives...

Poland is responsible for 9% of CO2 emission in the European Union (EU), making it the fifth biggest emitter in the region. The energy sector is dominated by electricity produced from coal (around 70%). The country currently uses massive subsidies to boost the coal sector. We propose a dynamic...

The prime objective of the current research is to investigate factors affecting foreign direct investment (FDI) inflows into BRICS countries with a special focus on energy impact on FDI inflows from 1990 to 2018. The empirical results of pane fully modified ordinary least squares (F.M.O.L.S.),...

Fossil fuel subsidies have negative consequences on the climate change, public budgets and and the transition to an environmentally friendly economy. Nevertheless, governments do not keep up with their commitments to phase out fossil fuel subsidies but misallocate again COVID-19 recovery funds...

Recent worldwide growing awareness of the global climate changes stressed the importance of developing and supporting the renewable energy sources (RES). However, the public support for RES varies across various countries and regions, especially those abundant in traditional fossil fuels. This...