It is expected that crude oil production in China will maintain its current level until 2020. Driven by higher living standards and the rapid development of energy intensive industries, China's oil demand will increase rapidly and might lead to heavier import dependency. Three cases of demand...

China’s growing demand for oil is significantly changing the international geopolitics of energy, especially in the Asian Pacific region. The recent growth in oil consumption, combined with forecasts of increased oil imports (especially from the Middle East), have led to deep concern among...

Purpose – The demand for oil in agricultural production increases continuously with the world oil price soaring, reflecting a rigid growth characteristic, but there are no clear reasons for this. The purpose of this paper is to assess the essential reasons of this issue in theoretical and...

Computable general equilibrium models have been widely applied in analysing the effects of removing tariffs. However, not nearly as much effort has been devoted to their application on investment liberalisation that is increasingly an integral part of trade liberalisation agreements. The...

The motivations prompting China¡¯s dramatic increase in outward foreign direct investment (OFDI) are not always clear, especially regarding OFDI by state-owned enterprises (SOEs) in energy and natural resources. First, both commercial and governmental interests are intertwined, although not...

This report brings the results of simulations of some oil supply disruptions on the M.I.T. Energy Laboratory Energy Macro Model. This model has previously been used to study the macroeconomic effects of the 1973-74 and 1979 oil price shocks, as well as for policy simula- -tions related to these...

According to the US EIA (<CitationRef CitationID="CR16">2009</CitationRef>, <ExternalRef> <RefSource>www.eia.doe.gov</RefSource> <RefTarget Address="http://www.eia.doe.gov" TargetType="URL"/> </ExternalRef>), out of the 15 largest oil producing nations in the world, 7 are not OPEC members, namely Brazil, Canada, China, Mexico, Norway, the Russian Federation, and the United States of America (USA). This paper investigates the causal relationship...</refsource></externalref></citationref>

This study assesses the impacts of introducing an oil products tax on the general economy, economic structure, energy consumption, and air pollutant emissions (CO<Subscript>2</Subscript>, SO<Subscript>2</Subscript>, and NO<Subscript>x</Subscript>) in China using a static computable general equilibrium (CGE) model. The conclusion is that taxation on oil products...</subscript></subscript></subscript>

The biggest challenge of the 21st century is to satisfy the escalating demand of energy and minimize the globally changing climate impact. Earth to air heat exchanger (EAHE) system can effectively reduce heating affects on buildings. An experimental study was carried out by designing EAHE system...

The main objective of this study is to determine and analyze cold and warm air temperature spells in the last 6 years (2007–2012) and reveal their impact on electrical energy consumption in a small-sized city such as Sombor (Serbia) with less than 50,000 inhabitants. Hourly air temperature...