We study the interaction of climate policies and investments into fossil and renewable energy generation capacity under political uncertainty caused by democratic elections. We develop an overlapping generations model, where elected governments determine carbon taxation and green investment...

This policy brief addresses the critical issue of phasing out diesel subsidies in Colombia and underscores the urgent need for coordinated action and strategic planning. The Colombian government views the sub­sidy phase-out as part of its energy transition strategy, proposing investments in...

The purpose of this study was to evaluate the impact of financial development and renewable energy consumption in Vietnam and some selected countries in Southeast Asia. After researching over the period from 1970 to 2022, using quantitative analyses, including the ordinary least squares (OLS),...

We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if policies are set by democratically elected governments and can lead to stranded assets. We develop an overlapping generations model, where elections determine carbon taxation and...

Women face substantial and specific challenges from the use of solid fuels. The persistence and prevalence of traditional gender roles in many societies mean that women and girls are often responsible for gathering and managing solid fuel supplies. Significant time and effort is required for...

This research aims to assess Central Asian households' willingness to insulate their homes and the factors influencing this decision by utilizing Central Asia Regional Economic Cooperation (CAREC) Institute data from the "Household Access to Energy in The Fergana Valley" survey, which was...

The conflict between Russia and Ukraine, along with the imposition of energy sanctions on Russian energy sources, has prompted a reassessment of the global energy market. Utilizing the difference in differences model, this study investigates the financial performance disparities among fossil...

Many emerging economies seek to lower carbon intensity while remaining heavily dependent on fossil fuels. This paper examines how sustainable finance, eco-innovation, and the energy mix shape Tunisia's low-carbon transition. We use quarterly data for 2000-2023 and an econometric...

The fossil-fuel foreign policy of the United States under President Donald Trump has intensified the conflict between petrostates and electrostates in international climate politics. At COP30 in Belém in November 2025, this cleavage was particularly evident in the dispute over a roadmap for the...

Carbon leakage is a major concern in the design of unilateral climate policies aimed at reducing global emissions in a cost-effective manner. In order to assess the cost-effectiveness of anti-leakage measures, it is crucial to understand the fundamental mechanisms that contribute to leakage. We...

Retrofitting gas-fired power plants to accommodate low-carbon fuel blends offers a promising pathway to achieving deep decarbonization while leveraging the existing infrastructure and maintaining electricity supply reliability. This study presents a comprehensive techno-economic assessment of...

ubsidizing fossil fuel consumption is at odds with climate change mitigation and a heavy burden on public budgets. Yet, efforts to reform such subsidies often face strong public opposition. We examine whether informing citizens about the effects of fossil fuel subsidy reform (FFSR) and...

The aim of the article is to present a review of the literature on energy subsidies and the scale and structure of subsidies for energy production in the Visegrad Group countries. It also presents the most important results of an investigation into the relationship and impact of fossil fuel...

Household consumption of coal and other dirty fuels for heating and cooking greatly contributes to air pollution both outdoors and indoors. This paper contributes to the literature on the determinants of household heating choice (dirty versus modern energy source). Energy transition in countries...

Central Asian economies, particularly Kazakhstan and Uzbekistan, are pursuing increasingly ambitious goals for renewable energy. Apart from China - an established player in the market - it has increasingly been Gulf countries that have been implementing respective projects, particularly Saudi...

We build a general equilibrium model to study how climate transition risks affect energy prices and the valuations of different firms in the energy sector. We consider two types of fossil fuel firms: incumbents that have developed oil reserves they can extract today or tomorrow, and new entrants...

Geopolitics is an overarching characteristic of much of this outlook for the key themes in the global energy economy in 2025. The start of Donald Trump’s second term in the White House will herald new pressures to multiple layers of the global economy, from trade to labour, monetary policy to...

This study develops an open-source model adapted from Python for Power System Analysis (PyPSA), to analyze transition pathways through 2030 and 2050, validated against 2019 national data for Thailand's fossil fuel-dominated power sector. Utilizing 30 km × 30 km resource potential, hourly demand...

Bangladesh's power sector faces significant challenges in meeting rising demand driven by economic growth. Despite achieving universal electrification, the sector remains heavily dependent on fossil fuels, particularly natural gas, creating energy security risks and environmental concerns. This...

This paper examines how donor countries can be motivated by self-interest to fund emission reductions in low- and middle-income countries (LMICs). While not solving the broader climate cooperation problem, we propose pragmatic measures that do not require global consensus on future climate risks...

Global Stocktake is an important component of the global climate governance mechanism. The first Global Stocktake under the Paris Agreement in 2023 has clarified collective progress and identified the paths to bridge gaps, but its understanding in the academic and policy communities is not yet...

As the world's fourth most populous country, Indonesia presents challenges and opportunities for sustainable energy progress, offering a critical context to investigate green human development (GHD). This study uniquely contributes to the literature by employing the planetary pressures-adjusted...