This article introduces and overviews U.S. renewable energy policy. It describes the shape, content, and contours of that policy, including its emphases and functions in both the electricity and transportation sectors of the U.S. economy. To do so, the article builds a conceptual model that can...

Climate regulation of the electricity sector is one of the most important growing — and rapidly changing — areas of law and policy today. This is both because of the critical role that electricity plays in modern society, acting as economic lifeblood, and because of electricity's part in...

In this article, the long-lasting effects of the 2007-2008 global economic crises on the economy of the United States and Europe have been investigated and presented separately. In these economies, the permanence of this effect is given. Similar and different aspects are explained in terms of...

Deemed as the “world’s most important chokepoint” for oil and international shipping, the Strait of Hormuz is the main thoroughfare to and from the Arabian/Persian Gulf. A disruption in shipping through the Strait of Hormuz would have severe consequences for the world economy. Without...

China is believed to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental, and investment-related issues will likely restrain its exploitation. China's capacity to face these hurdles successfully and produce commercial shale gas will have...

This paper examines the integration between the prices of different types of physical (upstream/end-use) and futures contracts of natural gas in the US for the period of June 1990-Dec 2014. To examine the equilibrium relationship between physical and futures prices, several cointegration tests,...

President Bush declared America “addicted to oil” in his fifth State of the Union address, uttering what is now a common refrain used to urge the development of alternative fuel sources. Before progress can be made to modernize the U.S. fuel mix, though, it is important to consider how and...

China is appraised to have the world's largest exploitable reserves of shale gas, although several legal, regulatory, environmental and investment-related issues will likely restrain its scope. China's capacity to successfully face these hurdles and produce commercial shale gas will have a...

We provide a spatial theory of clean growth to assess the global impact of the rise of renewable energy. We model the details of the combined production and transmission network of electricity ("the grid") that determine the supply and losses of energy in space. The local rate of clean energy...

This Article reviews recent legislative and regulatory activity seeking to increase energy infrastructure and analyzes the ability of each action to achieve this goal efficiently and effectively. In Part II, the Article briefly reviews the Energy Policy Act of 2005 (EPAct 2005), which included...