We quantify the effects of the Swedish GCR, a program to reduce oil dependence and greenhouse gas emissions in the automobile industry. We ?nd the GCR to increase the market shares of `green cars' and its cost to be $109/tonCO2 saved, thus 5 times the price of an emission permit. Since the main...

The issue of energy security is being reviewed from a standpoint of geopolitics. The contention is that geopolitics is inescapably related to the question of energy security for a simple reason: the contradiction between the universal character of energy demand and the nation-state’s exclusive...

In recent years the role of transport infrastructure in energy markets has become a flashpoint for legal conflict. On one hand, the world is experiencing an unprecedented build-out all kinds of energy transport: oil and gas pipelines, liquefied natural gas projects, power transmission, and port...

The use of tax policy to address environmental destruction is entering a new phase in Canadian history with the adoption of a Pan-Canadian Framework on Clean Growth and Climate Change, which features a federal carbon tax regime. This Framework is designed as a backstop to existing sub-national...

Policy to address the environmental impacts of transportation fuel derived from conventional oil is frequently focused on the promotion of alternatives such as biofuels. While there are some biofuels that can be developed with relatively few impacts, others can result in broader, complex social...

Theory suggests that economic instruments, such as pollution taxes or tradable permits, can provide more efficient technology adoption incentives than conventional regulatory standards. We explore this issue for an important industry undergoing dramatic decreases in allowed pollution-the U.S....

We propose a new instrument for estimating the price elasticity of gasoline demand that exploits systematic differences across U.S. states in the pass-through of oil price shocks to retail gasoline prices. These differences, which are primarily driven by variation in the cost of producing and...

In India the natural gas market which has a very slow growth initially during the period of eighties, has now witnessing an asymptotic growth soon after import of LNG in 2004 and KG D-6 gas flow in 2009. India's hydrocarbon vision statement envisages the share of natural gas to be about 25% by...

The role of natural gas is of critical importance in the global gas markets. The last thirty years have seen a shift in the global energy fuel mix towards an increased role for natural gas. The competition between coal and natural gas has tremendous implications for air pollution and climate...

The oil and gas sector is a key driver of the Canadian and Albertan economies. Directly and indirectly it typically accounts for roughly half of Alberta’s GDP, as well as one-third of the country’s business investment and a quarter of business profits — and rising global demand will only...