Energy PolicyPub Date : 2024-11-30DOI: 10.1016/j.enpol.2024.114410
Ole Gunnar Austvik
{"title":"Norway in the geopolitics of energy","authors":"Ole Gunnar Austvik","doi":"10.1016/j.enpol.2024.114410","DOIUrl":"10.1016/j.enpol.2024.114410","url":null,"abstract":"<div><div>Petroleum production on the Norwegian Continental Shelf (NCS) has made Norway a player of strategic importance for the geopolitics of energy. Particularly significant is Norway's role for energy security in European markets for natural gas, actualized by Russia's war against Ukraine. While climate concerns, as a long-term security risk in the balance between economic growth and fossil fuel emissions, are shared by Norway with most others in the Western Hemisphere, the country's significance in the geopolitics of energy presents some challenges of its own. Albeit otherwise considered small state in international affairs, in energy it has significance for more than itself. In the country, the Norwegian state and energy companies make significant revenues, while at the same time, fluctuating and occasionally high domestic electricity prices affect households and non-energy businesses, negatively. The situation puts simultaneous pressure on domestic, foreign and security policy played out on a scale and scope not previously experienced. Important questions are to which extent and how geopolitical challenges and energy security may put the country in a sensitive or vulnerable position, and, alternatively, how they may strengthen it for more opportunities and room for economic, commercial, and political maneuvering.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"198 ","pages":"Article 114410"},"PeriodicalIF":9.3,"publicationDate":"2024-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142745836","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}
Energy PolicyPub Date : 2024-11-30DOI: 10.1016/j.enpol.2024.114432
Kai Zhao , Yu Gao , Xiaoman Liu
{"title":"The impact of environmental regulation on industrial structure upgrading: A case study of low carbon city pilot policy","authors":"Kai Zhao , Yu Gao , Xiaoman Liu","doi":"10.1016/j.enpol.2024.114432","DOIUrl":"10.1016/j.enpol.2024.114432","url":null,"abstract":"<div><div>This paper uses panel data from 278 prefecture-level cities in China from 2006 to 2021 to examine the relationship between low-carbon city pilot policies and industrial structure upgrading. It is found that China's low-carbon city pilot policy can significantly promote industrial structure upgrading. By enhancing scientific research support and improving the level of urbanization, the low-carbon city pilot policy can promote industrial structure upgrading. Compared to coastal areas in China, the promoting effect of the policy on inland areas is more obvious. The southeastern region shows a stronger promoting effect than the northwestern region. Besides, the impact of the low-carbon pilot policy on industrial structure upgrading has a non-linear characteristic at different carbon emission levels.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"197 ","pages":"Article 114432"},"PeriodicalIF":9.3,"publicationDate":"2024-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142743270","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}
Energy PolicyPub Date : 2024-11-29DOI: 10.1016/j.enpol.2024.114431
Windbeneti Arnaud Zahonogo
{"title":"Do tariff reductions alleviate energy poverty? Evidence for Sub-Saharan African countries","authors":"Windbeneti Arnaud Zahonogo","doi":"10.1016/j.enpol.2024.114431","DOIUrl":"10.1016/j.enpol.2024.114431","url":null,"abstract":"<div><div>Energy poverty is a topical issue in developing countries and its alleviation is one of the United Nations’ Sustainable Development Goals (SDG7). In this paper, we analyze the impact of trade liberalization measured by tariff rate reductions on energy poverty as determined by access to clean fuels and modern technologies for cooking. We use panel data of 20 Sub-Saharan African countries from 2000 to 2020, a dynamic ordinary least squares (DOLS) estimator, a fully modified ordinary least squares (FMOLS) and a canonical correlation regression (CCR) to capture the long-running relationship. We found that tariffs rate reductions are associated with an increase in access to clean fuels and modern technologies for cooking, which in the long-run helps to alleviate energy poverty. Our empirical findings are robust according to several tests, including adding alternative control variables, alternative energy poverty measure, and alternative empirical methods. Our analysis also highlights that renewable energy consumption, remittances and institutional quality help alleviate energy poverty.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"197 ","pages":"Article 114431"},"PeriodicalIF":9.3,"publicationDate":"2024-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142743269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy PolicyPub Date : 2024-11-29DOI: 10.1016/j.enpol.2024.114436
Bin Xi, Weifang Jia
{"title":"Research on the impact of carbon trading on enterprises' green technology innovation","authors":"Bin Xi, Weifang Jia","doi":"10.1016/j.enpol.2024.114436","DOIUrl":"10.1016/j.enpol.2024.114436","url":null,"abstract":"<div><div>By treating the implementation of China's carbon trading policy as a quasi-natural experiment, the study analyzes data from A-share listed companies on China's Shanghai and Shenzhen exchanges between 2010 and 2023. Utilizing a multi-temporal Difference-in-Differences (DID) model, multiple intermediary effect model, moderation effect model and threshold effect model, we probe to verifies whether carbon trading policy can generate innovation incentive effects and investigate the transmission mechanisms. Empirical results show that carbon trading policy are beneficial for the green technology upgrading of enterprises and that this incentivizing effect is persistent. Mechanism analysis reveals that the mediating variables of financing constraints and R&D investment exhibit a chain mediation effect and nonlinear characteristics. Once the thresholds of financing constraints and R&D investment are surpassed, the green innovation effect of carbon trading policy is significantly enhanced. Digital finance has a moderating effect on the chain-multiple mediation transmission mechanism. Heterogeneity analysis indicates that the chain mediation effect is mainly observed in large-scale enterprises and enterprises in central regions. This paper offers theoretical support for evaluating carbon trading policy based on the micro-enterprise level and provides a scientific basis for how to efficiently play the function of carbon trading policy in practice, which helps to enhance the carbon trading policy and is of great practical significance for improving the operational efficiency of the national carbon trading market.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"197 ","pages":"Article 114436"},"PeriodicalIF":9.3,"publicationDate":"2024-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142743271","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}
Energy PolicyPub Date : 2024-11-25DOI: 10.1016/j.enpol.2024.114413
Anna Hörbe Emanuelsson, Johan Rootzén , Filip Johnsson
{"title":"Financing high-cost measures for deep emission cuts in the basic materials industry – Proposal for a value chain transition fund","authors":"Anna Hörbe Emanuelsson, Johan Rootzén , Filip Johnsson","doi":"10.1016/j.enpol.2024.114413","DOIUrl":"10.1016/j.enpol.2024.114413","url":null,"abstract":"<div><div>There are currently insufficient policy incentives for most producers of basic materials across Europe to invest in low-emissions technologies. This paper explores a novel approach to financing the investments required to accelerate the transition towards zero-emissions practices. To engage non-state actors in this process, and to formalise cross-sectorial collaboration, we explore the establishment of a Value Chain Transition Fund (VCTF). We use the European cement and steel industries as case studies. The VCTF, funded through a premium imposed on basic materials incorporated into end-products, would be used to finance investments in transformative technologies needed to meet emissions cuts along CO<sub>2</sub>-intensive supply chains, such as carbon capture on cement and steel plants and hydrogen direct reduction steel production. Our results show that the VCTF ensures that overnight investments and operational expenditures needed for carbon capture in the European cement and steel industries can be recouped in 6–8 and 2–6 years respectively, and for steel produced with hydrogen direct reduction it can be recouped in 3–16 years. The VCTF results in an increase in consumer prices of 0.2%–1.1% in the case of a passenger electric vehicle, and an increase of 0.3%–0.6% in production costs in the case of a high-speed railway, as examples of representative end products.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114413"},"PeriodicalIF":9.3,"publicationDate":"2024-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142706302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy PolicyPub Date : 2024-11-24DOI: 10.1016/j.enpol.2024.114430
Christopher Bell , Ekaterina Rhodes , Zoe Long , Colette Salemi
{"title":"Do economic trade-offs matter in climate policy support? Survey evidence from the United Kingdom and Australia","authors":"Christopher Bell , Ekaterina Rhodes , Zoe Long , Colette Salemi","doi":"10.1016/j.enpol.2024.114430","DOIUrl":"10.1016/j.enpol.2024.114430","url":null,"abstract":"<div><div>Countries vary in their success in decoupling greenhouse gas emissions from economic growth to meet emissions reduction targets. Using a web-based survey of citizens in the United Kingdom (n = 1009) and Australia (n = 1029), with different decoupling rates, this study assesses levels of citizen support for different types of climate policies, beliefs in trade-offs between emissions reduction and economic growth, and associations between these emissions-economy trade-off beliefs and support for climate policies. The results show compulsory policies, including carbon taxes and bans, receive the highest opposition. There is little variation between the studied countries for climate policy support and emissions-economy trade-off beliefs. The results also show that citizens who are agnostic about economic growth support policies the most. Therefore, decision-makers should focus on communicating climate policies’ economic and social benefits for the economic growth-concerned citizens to increase overall policy support.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"197 ","pages":"Article 114430"},"PeriodicalIF":9.3,"publicationDate":"2024-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142700336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy PolicyPub Date : 2024-11-21DOI: 10.1016/j.enpol.2024.114416
William A. Scott
{"title":"Cost and carbon-intensity reducing innovation in biofuels for road transportation","authors":"William A. Scott","doi":"10.1016/j.enpol.2024.114416","DOIUrl":"10.1016/j.enpol.2024.114416","url":null,"abstract":"<div><div>The transportation sector is the leading contributor to greenhouse gas emissions in the United States. Incentives for biofuel production in the form of direct subsidies and tradable performance standards have been substantial. Although research suggests such policies are less cost-effective at reducing emissions than an explicit carbon price, a dynamic assessment that accounts for innovation may differ substantially from static cost estimates. This study evaluates cost and carbon-intensity reducing innovation in the U.S. biofuel industry and estimates the value of social benefits for comparison with the observed level of policy support.</div><div>Using multi-factor experience curves, this study finds that cost declines have been significant in ethanol production, with an estimated learning rate of 21.8%. However, learning in biodiesel and renewable diesel has been much less pronounced, at 3.23% and 1.33%, respectively. Reductions in carbon intensity are found to be largely related to feedstock choice rather than improvements in production processes. Based on the innovation rates identified in this study, current policy support for biofuels from stacked incentives is found to exceed the social benefits. This misalignment calls for a reassessment of biofuel policies to ensure they are economically and environmentally justified.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"197 ","pages":"Article 114416"},"PeriodicalIF":9.3,"publicationDate":"2024-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142700335","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy PolicyPub Date : 2024-11-18DOI: 10.1016/j.enpol.2024.114417
Bingyu Zhao, Haiqing Hu
{"title":"Digital economy as a new engine for synergy of multi-pollutant mitigation: Evidence from a new perspective of marginal cost","authors":"Bingyu Zhao, Haiqing Hu","doi":"10.1016/j.enpol.2024.114417","DOIUrl":"10.1016/j.enpol.2024.114417","url":null,"abstract":"<div><div>Examining the impacts of digital economy (DE) on synergistic effect of pollution and carbon emission reduction (SERPCE) is essential for China's sustainable development and its dual carbon reduction goals. Current research focused on the impacts of DE on reducing individual pollutant, and ignoring the marginal costs of coordinated abatement efforts, which are crucial for balancing energy-environment-economy system. This study introduces a new SERPCE measurement method based on marginal abatement costs using parametric DDF functions with panel data from 30 Chinese provinces in 2011–2019. Findings indicate that DE is a new engine for reducing pollution reduction cost under joint mitigation policy, a 2.89% increase in SERPCE for each one-unit rise in DE, with energy consumption reduction and technological innovation as main transmission mechanisms. Positive effect of DE on SERPCE is with a threshold value 1778.3501, with the effect intensifying as the threshold is exceeded. Heterogeneity of effects emerges due to regional economic and resource differences, and substantial spatial spillover effects of DE on SERPCE emerges, indicating economic interconnectivity. This research provides a methodological framework for SERPCE quantification, enriching academic understanding of DE's impact on SERPCE and offering insights for policymakers in sustainable development strategies.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114417"},"PeriodicalIF":9.3,"publicationDate":"2024-11-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142706301","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}
Energy PolicyPub Date : 2024-11-17DOI: 10.1016/j.enpol.2024.114418
Chenchen Huang, Boqiang Lin
{"title":"The impact of digital economy on energy rebound effect in China: A stochastic energy demand frontier approach","authors":"Chenchen Huang, Boqiang Lin","doi":"10.1016/j.enpol.2024.114418","DOIUrl":"10.1016/j.enpol.2024.114418","url":null,"abstract":"<div><div>The energy rebound effect threatens to realize the energy-saving effect of energy efficiency measures. The effect of the development of the digital economy on the energy rebound effect is still being determined. This paper is based on the panel data of 30 provinces in China from 2011 to 2021. A stochastic frontier model of energy demand is built to examine the influence of the digital economy on the energy rebound effect. The findings are as follows: (1) Digital economy significantly promotes the energy rebound effect. The average energy rebound impact is calculated to be 55.1%. (2) Urbanization strengthens the positive effect of the digital economy on the rebound effect. (3) Different provinces experience the rebound effect differently due to the digital economy. The digital economy has a more significant role in fostering the rebound effect in places with higher R&D intensity, lower coal share, and higher secondary sector share. This study argues that we should deepen the reform of energy prices, promote sophisticated energy-saving technology development, and promote energy structure transformation while expanding the digital economy to mitigate the negative impact of the rebound effect effectively.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114418"},"PeriodicalIF":9.3,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658600","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}
Energy PolicyPub Date : 2024-11-17DOI: 10.1016/j.enpol.2024.114414
Jaribu Shand, Emmanuel Glakpe, Chase Ivey
{"title":"Policy implications of implementing residential PV solar energy systems in developing regions","authors":"Jaribu Shand, Emmanuel Glakpe, Chase Ivey","doi":"10.1016/j.enpol.2024.114414","DOIUrl":"10.1016/j.enpol.2024.114414","url":null,"abstract":"<div><div>Access to sustainable and reliable energy sources is a pivotal driver of economic development and improved living standards in all regions of the world. This research paper explores the policy implications of implementing residential photovoltaic (PV) solar systems in two developing regions, Jamaica, and Ghana, and emphasizes the role of policy frameworks in shaping the sustainable energy landscape. The study employs a multifaceted approach, combining System Advisor Model (SAM) analysis – which reveals promising energy production potential in both regions, with substantial economic benefits – and a risk assessment to evaluate the feasibility, economic viability, and potential barriers to residential PV solar adoption. Financial assessments indicate competitive payback periods and favorable returns on investment, suggesting that residential PV systems can offer cost-effective energy solutions. Identifying potential barriers to adoption through a comprehensive risk assessment highlights challenges related to policy instability, financing constraints, and technical limitations. Policy recommendations and strategies for mitigating these barriers are proposed to accelerate the transition to renewable energy sources in both regions. The findings underscore the potential for solar energy to address energy access challenges while advancing economic development, environmental sustainability, and energy resilience in Jamaica, and Ghana, while offering valuable lessons for similar contexts worldwide.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"196 ","pages":"Article 114414"},"PeriodicalIF":9.3,"publicationDate":"2024-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142658503","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}