Energy Economics最新文献_第3页

Investigating the role of emissions trading system in reducing enterprise energy intensity: Evidence from China 排污权交易制度在降低企业能源强度中的作用研究：来自中国的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2024-10-29 DOI: 10.1016/j.eneco.2024.108005

Wei Shi , Yue-Jun Zhang , Jing-Yue Liu

引用次数: 0

The influence of peer effects, commodity prices and its hedging on corporate capital structure: Evidence from the oil and gas industry 同行效应、商品价格及其对冲对企业资本结构的影响：来自石油和天然气行业的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2024-10-29 DOI: 10.1016/j.eneco.2024.108007

Lucía Barrachina-Fernández , Francisco Sogorb-Mira

引用次数: 0

The impact of artificial intelligence on the energy transition: The role of regulatory quality as a guardrail, not a wall 人工智能对能源转型的影响：监管质量作为护栏而非围墙的作用

IF 13.6 2区经济学

Energy Economics Pub Date : 2024-10-24 DOI: 10.1016/j.eneco.2024.107988

Zequn Dong , Chaodan Tan , Biao Ma , Zhaoshuo Ning

{"title":"The impact of artificial intelligence on the energy transition: The role of regulatory quality as a guardrail, not a wall","authors":"Zequn Dong , Chaodan Tan , Biao Ma , Zhaoshuo Ning","doi":"10.1016/j.eneco.2024.107988","DOIUrl":"10.1016/j.eneco.2024.107988","url":null,"abstract":"<div><div>In recent years, the economic impact and environmental contribution of Artificial Intelligence (AI) have gradually become a new focus in academia. This study uses a panel data sample of 50 countries to explore the impact of AI on energy transition (ET), aiming to fill an important research gap. The results highlight several critical insights. First, AI has had a significant positive impact on facilitating the ET. This conclusion still holds after a series of robustness tests. Second, AI positively affects ET by promoting renewable energy technology innovation and upgrading the electricity structure, resulting in both technological and structural effects. Third, the impact of AI on ET is non-linear. Threshold effect models show that AI impacts ET differently at various levels of regulation quality (RQ), exhibiting a double threshold effect. AI hinders ET when RQ is lower than the first threshold value. When RQ is in the second range, AI significantly facilitates ET. However, when RQ exceeds the second threshold value, AI hinders ET again. These findings provide insights into the mechanisms of AI's impact on ET and emphasize that an appropriate level of regulation is crucial for AI to facilitate ET. Finally, this study analyzes heterogeneity and offers targeted policy recommendations.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"140 ","pages":"Article 107988"},"PeriodicalIF":13.6,"publicationDate":"2024-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142660146","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

Carbon mitigation effect of emission trading product: Perspective from intra-industry carbon leakage 排放交易产品的碳减排效果：从产业内碳泄漏的视角

IF 13.6 2区经济学

Energy Economics Pub Date : 2024-10-18 DOI: 10.1016/j.eneco.2024.107966

Kaiguo Zhou , Zihuan Guan , Yujun Lian

{"title":"Carbon mitigation effect of emission trading product: Perspective from intra-industry carbon leakage","authors":"Kaiguo Zhou , Zihuan Guan , Yujun Lian","doi":"10.1016/j.eneco.2024.107966","DOIUrl":"10.1016/j.eneco.2024.107966","url":null,"abstract":"<div><div>Carbon mitigation within key industries has become a paramount concern in China, yet research focusing on industry-level emissions remains limited despite comprehensive validation of the efficacy of emission trading schemes (ETS) at both enterprise and regional levels. This paper addresses this gap by examining the intra-industry carbon leakage. Firstly, applying multi-period DID method to the industry-level data from 2000 to 2018 in Guangdong province, we empirically find a counterintuitive increase in carbon emissions in the compliance industries despite mitigation efforts by compliance enterprises in the same industries. Secondly, we build a Stackelberg quantity leadership model incorporating ETS and theoretically find that, the intra-industry carbon leakage results in this increased industry-level emissions, notably through the cost crowding-in mechanism. Further theoretical analysis underscores the pivotal role of enhancing ETS coverage ratios for enterprises within compliance industries and bolstering the carbon price mechanism's capacity to accurately reflect enterprises' demand for carbon allowances. Such enhancements are anticipated to effectively mitigate intra-industry carbon leakage and facilitate reductions in industry-level carbon emissions.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"140 ","pages":"Article 107966"},"PeriodicalIF":13.6,"publicationDate":"2024-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142660766","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

The relationship between climate protection activities, economic preferences, and life satisfaction: Empirical evidence for Germany 气候保护活动、经济偏好和生活满意度之间的关系：德国的经验证据

IF 12.8 2区经济学

Energy Economics Pub Date : 2023-12-01 DOI: 10.1016/j.eneco.2023.106938

Thilo K.G. Haverkamp , Heinz Welsch , Andreas Ziegler

{"title":"The relationship between climate protection activities, economic preferences, and life satisfaction: Empirical evidence for Germany","authors":"Thilo K.G. Haverkamp , Heinz Welsch , Andreas Ziegler","doi":"10.1016/j.eneco.2023.106938","DOIUrl":"10.1016/j.eneco.2023.106938","url":null,"abstract":"<div><p><span><span>Based on widely representative data for 1614 citizens in Germany, this paper empirically examines the relationship between different types of environmental protection activities and subjective well-being (SWB) in terms of life satisfaction by specifically considering the </span>role of economic preferences for this relationship. With respect to pro-environmental behavior, we distinguish between stated environmental protection activities and revealed pro-environmental behavior in terms of climate protection activities, which are measured with an incentivized donation scheme. Our empirical analysis reveals that not only stated environmental protection activities (contributing more or less to climate protection), but also more reliable revealed climate protection activities are significantly positively correlated with life satisfaction. Furthermore, economic preferences play an important role since risk-taking preferences, patience, and trust are significantly positively correlated with life satisfaction. In particular, the estimated correlations between environmental protection activities and life satisfaction become weaker when economic preferences are included in the </span>econometric analysis. These results strongly suggest omitted variable bias in cross-sectional econometric analyses of the relationship between pro-environmental behavior and SWB when economic preferences are not included as control variables. With respect to the distinction between different groups of (stated) environmental protection activities, our empirical analysis also shows that (electricity-related) direct climate protection activities and costly environmental protection activities are more positively correlated with life satisfaction than less costly or non-costly general environmental protection activities.</p></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"128 ","pages":"Article 106938"},"PeriodicalIF":12.8,"publicationDate":"2023-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49286081","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: 1

A Rare Variant of Zuckerkandl Tubercle: Thyroid Ring. 罕见的Zuckerkandl结节变体:甲状腺环。

IF 0.6 2区经济学

Energy Economics Pub Date : 2023-12-01 Epub Date: 2023-07-15 DOI: 10.1007/s12070-023-04079-4

Lukshay Bansal, Suryansh Arora, Akhila Prasad, Kavita Vani

引用次数: 0

Retraction notice to “Green finance policy and enterprise energy consumption intensity: Evidence from a quasi-natural experiment in China” [Energy Economics 115 (2022) 106374] 关于“绿色金融政策与企业能耗强度:来自中国准自然实验的证据”的撤稿通知[能源经济115 (2022)106374]

IF 12.8 2区经济学

Energy Economics Pub Date : 2023-12-01 DOI: 10.1016/j.eneco.2023.107137

Zhifang Su, Qianqian Guo, Hsiang-Tai Lee

引用次数: 0

Green bond in China: An effective hedge against global supply chain pressure? 中国的绿色债券:对全球供应链压力的有效对冲?

IF 12.8 2区经济学

Energy Economics Pub Date : 2023-11-14 DOI: 10.1016/j.eneco.2023.107167

Fanna Kong , Zhuoqiong Gao , Camelia Oprean-Stan

{"title":"Green bond in China: An effective hedge against global supply chain pressure?","authors":"Fanna Kong , Zhuoqiong Gao , Camelia Oprean-Stan","doi":"10.1016/j.eneco.2023.107167","DOIUrl":"https://doi.org/10.1016/j.eneco.2023.107167","url":null,"abstract":"<div><p>Investigating green bonds' hedging ability against global supply chain disruptions is crucial to maximising investment returns. This analysis innnovatively uses the sub-sample technique to recognise the time-dependant transmission mechanism between green bonds<span> in China (CGB) and global supply chain pressure (GSCP), which further resolves if China's green bond is an effective hedge against global supply chain pressure. The conclusion ascertains that positive and negative impacts exist from GSCP to CGB, whereas the favourable one suggests that China's green bond is an effective hedge under high global supply chain stresses. However, an adverse effect indicates that low GSCP might accompany the development of a green bond market due to climate and environmental policies. In turn, GSCP is positively and negatively affected by CGB, and the favourable one reveals that the green bond market in China could reflect the condition of the global supply chain, but the adverse one cannot draw a similar conclusion. Under the background of the complex international economic situation and China's proposed carbon peaking and carbon neutrality goals, this discussion would provide significant suggestions for the public, enterprise and country.</span></p></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"128 ","pages":"Article 107167"},"PeriodicalIF":12.8,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134657439","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

Effects of the promotion pressure of officials on green low-carbon transition: Evidence from 277 cities in China 官员晋升压力对绿色低碳转型的影响——来自中国277个城市的证据

IF 12.8 2区经济学

Energy Economics Pub Date : 2023-11-14 DOI: 10.1016/j.eneco.2023.107159

Tianwei Tang , Xiaojing Jiang , Kaiwen Zhu , Ziyao Ying , Wenyu Liu

{"title":"Effects of the promotion pressure of officials on green low-carbon transition: Evidence from 277 cities in China","authors":"Tianwei Tang , Xiaojing Jiang , Kaiwen Zhu , Ziyao Ying , Wenyu Liu","doi":"10.1016/j.eneco.2023.107159","DOIUrl":"10.1016/j.eneco.2023.107159","url":null,"abstract":"<div><p>Local governments are essential in enabling regional green transformation. Local officials are a key factor in government behavior. Using panel data from 277 cities at the prefecture level in China from 2009 to 2019, this study investigates the role of officials' promotion pressure on green and low-carbon transition and its mechanisms. The pressure of officials' promotions significantly inhibited the green low-carbon transition, and this inhibitory effect was greater before implementing the environmental inspection system. Regarding the influence mechanism, officials' promotion pressure leads to a dependence on resource factors, industrial structure, and investment in regional development, which restricts regional green low-carbon transformation. Furthermore, an additional moderating effect analysis was conducted to examine the impact of government green attention on the relationship between civil servants' promotion pressure and the green low-carbon transition. The results of this study are significant for optimizing officials' promotion mechanisms and facilitating green low-carbon transition in developing countries.</p></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"129 ","pages":"Article 107159"},"PeriodicalIF":12.8,"publicationDate":"2023-11-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135764336","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

Can inflation predict energy price volatility? 通货膨胀能否预测能源价格波动？

IF 12.8 2区经济学

Energy Economics Pub Date : 2023-11-14 DOI: 10.1016/j.eneco.2023.107158

Jonathan A. Batten, Di Mo, Armin Pourkhanali

引用次数: 0