Despite the global resolves to curtail fossil fuel consumption in favour of clean energies, several countries continue to rely on carbon-intensive sources in meeting their energy demands. Financial constraints and limited knowledge with regard to green energy sources constitute major setbacks to...

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...

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...

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...

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 paper investigates static and dynamic connectedness between the first and second moments of fossil and renewable energy stock indices in the last decade at the daily frequency. For this purpose the Diebold and Yilmaz (2014) methodology is applied; in addition, endogenous break tests are...

The recent calls for the revival of the Oil Price Stabilization Fund (OPSF) are tantamount to a call for a policy reversal, that is, reversal of the downstream oil industry deregulation that began in 1998. The history of the OPSF presents important lessons for policymakers. Petroleum price...

The Russian attack on Ukraine in February 2022 shook continental geopolitics and led to a major shift in EU energy policy. The necessary speed of the combined diversification away from the Russian energy sources, fossil fuel phase-out and mass scale-up of low-carbon energy and technologies are...

International cooperation is at the core of multilateral climate policy. How is its effectiveness harmed by individual countries dropping out of the global mitigation effort? We develop a multisector structural trade model with emissions from production and a constant elasticity of fossil fuel...

Fossile Brenn- und Kraftstoffe werden in Deutschland überwiegend importiert. Der Ausbau erneuerbarer Energien und Effizienzgewinne, die durch die Energiewende induziert werden, bringen einen verringerten Einsatz dieser fossilen Brenn- und Kraftstoffe mit sich. Ziel ist es, die Einsparungen...

Using data on syndicated loans, we find that the introduction of a carbon tax is associated with an increase in domestic banks' lending to coal, oil, and gas companies in foreign countries. This effect is particularly pronounced for banks with large prior fossil-lending exposures, suggesting a...

We analyse the evolution of the systemic risk impact of oil and natural gas companies since 2000. This period is characterised by several events that affected energy source markets: the real effect of the global financial crisis, the explosion of shale production and the diffusion of the...

This paper, in its exploratory nature, develops a descriptive empirical analysis which tries to capture the "regularities" underlying the relationship between the economy, fossil energy use and anthropogenic air pollutants at business cycle frequency. The analysis uses as framework the economy...

Using Toda-Yamamoto Granger causality approach, we study causality between energy consumption (EC) and economic growth (GDP) in Pakistan for the period 1972-2015. The study extended the basic production function having labor and capital as the mainstream variables by adding major energy sources...