Energy Economics最新文献_第2页

Investment, Tobin’s q, and the stochastic price of fossil fuel 投资、托宾公式（省略）和化石燃料的随机价格

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-16 DOI: 10.1016/j.eneco.2025.108553

Juan Peng , Jinqiang Yang , Pengxiang Zhao

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引用次数: 0

Does the European low-carbon policy impact price uncertainty in fossil energy markets? 欧洲低碳政策是否会影响化石能源市场价格的不确定性？

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-15 DOI: 10.1016/j.eneco.2025.108644

Jacques Minlend

{"title":"Does the European low-carbon policy impact price uncertainty in fossil energy markets?","authors":"Jacques Minlend","doi":"10.1016/j.eneco.2025.108644","DOIUrl":"10.1016/j.eneco.2025.108644","url":null,"abstract":"<div><div>This paper aims to assess the potential effects of a low-carbon policy on price uncertainty in fossil energy markets. For this purpose, we propose text-as-data methods that rely on unsupervised machine-learning algorithms applied to European Union (EU) laws and newspapers. These methods are used to construct two monthly indices over the reference period 1997-2021: (i) a news-based index that reflects uncertainty about the regulatory framework of low-carbon policy as relayed in the press, and (ii) a law-based index that reflects structural changes in European low-carbon policy. Given the support for the carbon phase-out policy, we further examine the extent to which each index relates to price uncertainty dynamics in fossil energy markets. As a result, we find that an increase in the news-based index leads to a positive short-run effect on price uncertainty. Similarly, we observe both dampening short-run and persistent effects of the law-based index on price uncertainty. Thus, stabilizing price uncertainty dynamics through regulations serves as a measure of the efficacy and resilience of European low-carbon policy. This result is robust to the consideration of macroeconomic factors.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"148 ","pages":"Article 108644"},"PeriodicalIF":13.6,"publicationDate":"2025-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144335548","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Extreme climate attention and corporate energy innovation: Empirical evidence from China

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-15 DOI: 10.1016/j.eneco.2025.108681

Hua Wang , Xinyu Tan , Mengzhe Li

{"title":"Extreme climate attention and corporate energy innovation: Empirical evidence from China","authors":"Hua Wang , Xinyu Tan , Mengzhe Li","doi":"10.1016/j.eneco.2025.108681","DOIUrl":"10.1016/j.eneco.2025.108681","url":null,"abstract":"<div><div>This paper examines Chinese A-share companies between 2007 and 2023 to find out how extreme climate attention affects their energy innovation. Extreme climate attention notably promotes corporate energy innovation. Mechanism analysis reveals that extreme climate attention primarily enhances corporate energy innovation by increasing R&D investment, promoting digital transformation, and reducing agency costs. We conduct a deeper analysis and determine that the observed impact is more pronounced for businesses facing heightened regional environmental regulatory pressures, greater uncertainty of climate policy and fierce industry competition. A good governance environment and financial position make extreme climate attention even more conducive to corporate energy innovation. In addition, extreme climate attention has only been a significant contributor to alternative energy innovations. Finally, the energy innovations promoted by extreme climate attention have improved enterprises' energy efficiency. This paper provides empirical evidence and enlightenment to help enterprises handle climate change and promote low-carbon energy transformation and sustainable development.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"148 ","pages":"Article 108681"},"PeriodicalIF":13.6,"publicationDate":"2025-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144472239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A seasonal two-factor model for solar energy production: A climate extreme events analysis 太阳能生产的季节性双因子模型：气候极端事件分析

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-14 DOI: 10.1016/j.eneco.2025.108611

Michele Bufalo , Viviana Fanelli

引用次数: 0

Optimizing portfolios under carbon risk constraints: Setting effective constraints to favor green investments 碳风险约束下的投资组合优化：设置有利于绿色投资的有效约束

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-13 DOI: 10.1016/j.eneco.2025.108634

An Chen , Leonard Gerick , Zhuo Jin

引用次数: 0

Environmental impacts and energy transition in Chinese logistics: An N-Spheres multi-criteria decision-making 中国物流环境影响与能源转型：N-Spheres多准则决策

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-13 DOI: 10.1016/j.eneco.2025.108668

Yong Tan , Zhongfei Chen , Jorge Antunes , Peter Wanke

{"title":"Environmental impacts and energy transition in Chinese logistics: An N-Spheres multi-criteria decision-making","authors":"Yong Tan , Zhongfei Chen , Jorge Antunes , Peter Wanke","doi":"10.1016/j.eneco.2025.108668","DOIUrl":"10.1016/j.eneco.2025.108668","url":null,"abstract":"<div><div>This paper presents the N-Spheres geometrical concept as a novel Multi-Criteria Decision-Making (MCDM) model to evaluate environmental impacts and energy transitions in logistics transportation across Chinese provinces. By incorporating data such as truck quantities, logistics network mileage, fixed asset investments, and energy consumption, the study creates an n-dimensional framework to assess logistics systems' energy efficiency and CO2 emissions. The adapted N-Spheres model, originally from theoretical mathematics and computer science, is applied to analyze trade-offs, criterion elasticity, and contributions to overall performance, linking economic activities to environmental impacts. The findings reveal significant regional disparities in Environmental, Energy, and Transport Logistics (EETL) performance, with coastal regions typically outperforming inland areas. Higher freight transport volumes and logistics network mileage enhance performance, while CO2 emissions and energy consumption highlight the need for improved environmental management. Overall, the results indicate a trend towards better logistics performance over time.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"148 ","pages":"Article 108668"},"PeriodicalIF":13.6,"publicationDate":"2025-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144298009","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Navigating climate policy: Corporate lobbying strategies in response to intensified climate risk exposure 引导气候政策：应对气候风险加剧的企业游说策略

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-11 DOI: 10.1016/j.eneco.2025.108667

Anqi Jiao , Ran Sun , Honglin Ren

引用次数: 0

Health impacts of cross-regional transmission infrastructure: Evidence from China's ultra-high voltage projects 跨区域输电基础设施对健康的影响：来自中国特高压项目的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-11 DOI: 10.1016/j.eneco.2025.108669

Zhengye Gao , Li Zhao

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引用次数: 0

The complexity of transitioning from oil dependency: A dynamic modelling case study of Indonesia 从石油依赖过渡的复杂性：印度尼西亚的动态建模案例研究

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-09 DOI: 10.1016/j.eneco.2025.108662

Arief Rahman , Russell Richards , Paul Dargusch , David Wadley

{"title":"The complexity of transitioning from oil dependency: A dynamic modelling case study of Indonesia","authors":"Arief Rahman , Russell Richards , Paul Dargusch , David Wadley","doi":"10.1016/j.eneco.2025.108662","DOIUrl":"10.1016/j.eneco.2025.108662","url":null,"abstract":"<div><div>The decarbonization of the oil sector in Indonesia poses a complex challenge due to the significant role which fossil fuels play in the nation's economy. A major pre-requisite is to adjust demand-side practices. In modelling the dynamic pathways of the oil industry, this article employs a comprehensive systems framework. Specifically, a stock and flow model (SFM) is developed to assess the current state of oil demand and supply, and to forecast its transition to 2050. Given the limited availability of historical data, the study incorporates a grounded theory approach to expose the long-term dynamics of the substitution process. It encompasses S-shaped forecasts of transition, Bass diffusion, and zero-sum game theories. The credibility of the SFM is rigorously evaluated through legitimacy, calibration, structural behavioural and sensitivity tests. Our analysis acknowledges the long-standing oil subsidies offered by the Indonesian government. Biofuels are likely to be part of the future energy mix, but a significant uptake of electricity would be the ultimate focus of a substitution for oil. Innovation-driven acceptance and the effectiveness of policy incentives are two key variables likely to drive change. The achievable decarbonization in the oil sector is contingent upon the magnitude of emissions reductions possible in electricity production, necessitating a shift towards variable renewable energy and nuclear sources to ensure a sustainable change. However, carbon capture and storage could be useful to achieve deeper decarbonization, since renewable and nuclear energy alone are unlikely fully to replace the share of coal and gas in the electricity mix.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"148 ","pages":"Article 108662"},"PeriodicalIF":13.6,"publicationDate":"2025-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144279273","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Evaluating consumer preference and willingness to pay for low emission electricity: Evidence from a national choice experiment in the US 评估消费者对低排放电力的偏好和支付意愿：来自美国国家选择实验的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-06-07 DOI: 10.1016/j.eneco.2025.108650

Bruktawit M. Ahmed , Mahelet G. Fikru

引用次数: 0