This paper quantifies the increased green house gas emissions and negative effect on energy conservation (or “efficiency penalty”) due to electric rate structures that employ an unavoidable customer charge. First the extent of customer charges was determined from a nationwide survey of U.S....

This paper analyses the impact of supply technology choices and costs on structures and prices on the emerging low-carbon hydrogen market using a novel, integrated natural gas and hydrogen market model. It shows that natural gas-based low-carbon hydrogen production pathways predominate in...

As part of the decarbonisation of the global economy, low-carbon hydrogen is expected to play acentral role in future energy systems. This article presents a comprehensive approach for estimating thedevelopment of global production and supply costs of low-carbon hydrogen from renewable energy...

We link a bottom-up energy sector model to a recursive dynamic computable general equilibrium model of South Africa in order to examine two of the country's main energy policy considerations: (i) the introduction of a carbon tax and (ii) liberalization of import supply restrictions in order to...

A considerable amount of research has shown that a carbon tax combined with research subsidies may be regarded as optimal policy for encouraging the spread of low-carbon technologies for the benefit of society. The paper exploits the macroeconomic approach of endogenous growth models with...

Liberalization of energy sector and the ensuing creation of new markets for carbon emissions have increasingly triggered a need for understanding the volatility and correlation structure between carbon, energy and financial markets. This paper documents the existence of structural changes in...

This paper analyzes energy use and CO2 emissions of more than 78,000 German industrial establishments between 1995 and 2006. It is the first study to exploit exceptionally rich energy data that were recently matched to official micro datasets. We document that both energy use and intensity are...

The United Nations Conference on Climate Change (Paris 2015) reached an international agreement to keep the rise in global average temperature ‘well below 2°C' and to ‘aim to limit the increase to 1.5°C'. These reductions will have to be made in the face of rising global energy demand....

At the same time that the world was rocked by climate-related unnatural disasters, the social unrest sparked by the murder of George Floyd at the hands of Minneapolis police officer Derek Chauvin forced a long-overdue racial reckoning with regard to over-policing, mass incarceration, and other...

This study provides insight into sustainability challenges in Venezuela by exploring the causal interactions between oil price, energy consumption and carbon dioxide (CO2) emissions in Venezuela. Economic growth, government consumption expenditure and trade openness are included as additional...