The paper develops a framework to analyze energy security in an expected utility framework, where there is a risk of disruption of imported energy. The analysis shows the importance of an energy tax as a tool in maximizing expected utility, and how the level of that tax varies according to the...

Climate change is one of the most significant challenges faced by societies this century. Energy consumption is directly associated with CO2 emissions and climate change. The European Commission has set out emission reduction targets that require a great deal of energy consumption savings in the...

Using the latest available data, this brief article attempts to provide the first regional decomposition analysis of CO2 emissions from fuel combustion. Covering eight regions of the world, determinants are estimated in relative and absolute terms for the period 1971–2010. We use the...