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Fossil-fuel subsidies are economically inefficient and harmful for the environment yet efforts to phase them out at the national and international levels have not been effective. The existing international legal framework is too weak and fragmented to support this process and an international...
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Chapter 1: Introduction -- Chapter 2: International oil markets and the need for accelerated decarbonisation -- Chapter 3: How much oil shall we need anyway? -- Chapter 4: Will the need for energy security derail the energy transition? -- Chapter 5: OPEC+ and energy transition -- Chapter 6: Is...
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In this paper, we examine the forecasting ability of an affine term structure framework that jointly models the markets for Treasuries, inflation-protected securities, inflation derivatives, and oil future prices based on no-arbitrage restrictions across these markets. On the methodological...
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