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The spiral of higher oil prices that is occurring currently is mostly caused not by the lack of reserves, but by increasing demand on the existing supply. However, increase of supply would only temporarily attenuate the issue, as demand is expected to continue to soar and eventually outstrip the...
Persistent link: https://www.econbiz.de/10012707541
In recent years, concerns regarding the environmental implications of the rising coal demand have induced considerable efforts to generate long-term forecasts of China's energy requirements. Nevertheless, none of the previous empirical studies on energy demand for China has tackled the issue of...
Persistent link: https://www.econbiz.de/10012710937
Despite complete electrification in Kazakhstan and the Kyrgyz Republic, the reliance on coal for heating residential spaces is high. Using microdata from the national household surveys from Kazakhstan in 2017 and the Kyrgyz Republic in 2016, this study examines the factors affecting residential...
Persistent link: https://www.econbiz.de/10012518225
Short Term Load Forecast (STLF) is necessary for effective scheduling, operation optimization trading, and decision-making for electricity consumers. Modern and efficient machine learning methods are recalled nowadays to manage complicated structural big datasets, which are characterized by...
Persistent link: https://www.econbiz.de/10012657670
By employing a panel vector autoregressive approach, we show that containership trade is an important determinant ofGDP growth. Using the full sample of sea-transported container boxes of 135 countries for ten years, we provideevidence that the amount of TEUs transported, both contemporaneously...
Persistent link: https://www.econbiz.de/10013233943
Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large amount of literature has emerged showing under what conditions this so-called ‘Green Paradox' may occur. We review this literature and identify the key mechanisms...
Persistent link: https://www.econbiz.de/10013037941
This research provides new perspectives on carbon risk factor by using raw carbon data; cleaning carbon data; analyzing global stock universe; utilizing a long data timeframe; and constructing three unique carbon factors. All three carbon factors (carbon volume, carbon financial efficiency, and...
Persistent link: https://www.econbiz.de/10013213844
The transition to sustainable energy requires an assessment of drivers of the use of clean and dirty fuels for cooking. Literature highlights the importance of access to modern fuel for switching from dirty fuels. Though access to cleaner fuels such as electricity promotes clean fuel use, it...
Persistent link: https://www.econbiz.de/10013214217
Strong liquefied natural gas (LNG) demand growth, especially in Asia, could increasingly motivate gas infrastructure development in North America. Nevertheless, opposition to new gas infrastructure is formidable in some of the U.S. states and Canadian provinces that are well positioned to supply...
Persistent link: https://www.econbiz.de/10013214313
According to the standard analysis of commodity prices, stockpiling is a necessary signature of speculation. This paper develops an approach suggesting that speculation may temporarily push crude oil prices above the level justified by physical-market fundamentals, without necessarily resulting...
Persistent link: https://www.econbiz.de/10013145106