The sale of “green power” (electricity generated using renewable energy sources such as wind, solar or geothermal power) to non-residential customers at a premium is one of several market-based approaches for supporting renewables. Why would profit-maximizing firms or budget-conscious...

The oil of the Persian Gulf has been of considerable interest to oil companies and Western governments (and to Russia) for more than a century. Remaining global conventional crude oil resources are on the order of 3 trillion barrels, with more than 50% of that amount in the Persian Gulf. Since...

This paper reviews the evolution of the global oil market from the mid 20th century onwards. We analyze the unique “target price” framework brokered by the U.S. and Saudi Arabia in the mid 1980s. Over the 19 years of its life, this framework had been responsible for providing the world with...

Photovoltaic (PV) electricity has been widely supported as a remote energy source for developing countries. In response, the production and shipment of PV modules has steadily increased throughout the past decade, often marketed through the auspices of technology transfer and financed by...

This payer presents a model framework and results that combine resource depletion with optimal economic growth and climate change in a macro-geoeconomic model. In doing so, the authors build upon the 'n Nordhaus DICE model to include the demands for coal, oil, and natural gas. These demands...

Emissions of methane from bovine animals have been estimated elsewhere at approximately 60 million tons per year, 15% of global methane releases. This estimate is misleading for two reasons: it ignores the differences in atmospheric residence time between carbon dioxide and methane, and it...