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Breaking down the barriers to a green Africa: Detangling the overlapping issues of fossil fuel energy consumption, resource richness, and economic growth 打破绿色非洲的障碍:清理化石燃料能源消耗、资源丰富和经济增长的重叠问题
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-19 DOI: 10.1016/j.resourpol.2025.105720
Rasheed O. Alao , Ifedolapo O. Olanipekun , Akinwumi Sharimakin , Temitope P. Olanipekun
{"title":"Breaking down the barriers to a green Africa: Detangling the overlapping issues of fossil fuel energy consumption, resource richness, and economic growth","authors":"Rasheed O. Alao ,&nbsp;Ifedolapo O. Olanipekun ,&nbsp;Akinwumi Sharimakin ,&nbsp;Temitope P. Olanipekun","doi":"10.1016/j.resourpol.2025.105720","DOIUrl":"10.1016/j.resourpol.2025.105720","url":null,"abstract":"<div><div>Natural resources are important ingredients of economic growth and fossil fuel energy, but these have environmental consequences. It is common to analyse causal relationships among these determinants of environmental quality. This study deviates from the usual by analysing the three-way correlation impact among CO<sub>2</sub>, fossil fuel consumption, and growth, instrumenting total natural resources rents, urbanization, and trade openness. The study employs generalized method of moments and dynamic panel simultaneous equations techniques to examine Africa between 2000 and 2021. The study establishes that fossil fuel consumption plays the most significant role in Africa's environmental challenges. However, economic growth in West Africa is more dependent on fossil fuel consumption than other African regions. Economic growth induces carbon emissions in Kenya, Tanzania, Ethiopia, Egypt, Morocco, Sudan, Rep. of Congo, and Mauritius, but it reduces carbon emissions in Nigeria, Togo, Cameroon, and Botswana. Natural resources rent increases carbon emissions in Benin, Angola, and Mauritius, but this is reduced in Senegal and Sudan. Fossil consumption reduces by an increase in resources rent in Ghana, Senegal, Togo, Tunisia, Libya, Angola, Botswana, and Namibia, and by a decrease in resources rent in Cote d’Ivoire, Niger, Sudan, and South Africa. In conclusion, Africa requires a proactive heat decarbonization plan in energy-intensive industries, electricity, transportation, and resource development. In addition to garnering support from international institutions, this study recommends the establishment of the African Union Energy Policy Research Institute to partner with the Energy Policy Research Group of Europe to model workable solutions to reduce CO<sub>2</sub> emissions in Africa.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105720"},"PeriodicalIF":10.2,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144865830","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
Assessing the impact of small-scale mining activities on land use land cover and the sustainability of mining practices in Ghana: A case of the Atiwa East district 评估加纳小型采矿活动对土地利用、土地覆盖和采矿做法可持续性的影响:以阿提瓦东部地区为例
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-18 DOI: 10.1016/j.resourpol.2025.105719
Samuel Kofi Mensah , Emmanuel Kwesi Nyantakyi , Gifty Serwaa Mensah , Ebenezer K. Siabi , Nana Osei Bonsu Ackerson , Prince Antwi-Agyei , Peter Donkor , Sarah Elikplim Siabi
{"title":"Assessing the impact of small-scale mining activities on land use land cover and the sustainability of mining practices in Ghana: A case of the Atiwa East district","authors":"Samuel Kofi Mensah ,&nbsp;Emmanuel Kwesi Nyantakyi ,&nbsp;Gifty Serwaa Mensah ,&nbsp;Ebenezer K. Siabi ,&nbsp;Nana Osei Bonsu Ackerson ,&nbsp;Prince Antwi-Agyei ,&nbsp;Peter Donkor ,&nbsp;Sarah Elikplim Siabi","doi":"10.1016/j.resourpol.2025.105719","DOIUrl":"10.1016/j.resourpol.2025.105719","url":null,"abstract":"<div><div>Small-scale mining (SSM), though an important economic activity, has caused extensive damage to water bodies, forest, agricultural land, threatening sustainability of man and the immediate environment. This is largely attributed to destructive and wasteful mining practices dominating the sector. This study assessed the impact of SSM activities on land use land cover and the sustainable practices in Ghana, using the Atiwa East District as case study. The study specifically focused on the spatio-temporal changes in land use land cover, the impact of SSM on land use land cover as well as the factors that influence sustainability in the sector. Two hundred and ten (210) respondents were selected for the study. The supervised spectral angle mapper classification algorithm in QGIS together with visual interpretation was used to classify images into various Land Use Land Cover (LULC) categories.</div><div>Results from the study show that between the years of 2007–2021, about 3578.69 acres of farmland and about 1127.93 acres of forest were lost to SSM and other land uses, such as built-up, while SSM gained about 3708.985 acres of land. The study also observed that managerial commitments and education and training have positive relationships with the adoption of sustainable mining practices and this was at 1 %, 5 % and 10 % significant levels. The study therefore concludes that management of SSM firms should be committed in adopting sustainable measures in their operations while monitoring institutions also ensure strict compliance to standards to achieve sustainability in the sector.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105719"},"PeriodicalIF":10.2,"publicationDate":"2025-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144861000","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
An approach to assessment of geoheritage elements determined in the Upper Aras Basin (NE Türkiye) as resources: A decision-making model based on Interval Rough Numbers (IRNs) 上阿拉斯盆地(NE trkiye)地遗产元素资源评价方法——基于区间粗糙数(irn)的决策模型
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-18 DOI: 10.1016/j.resourpol.2025.105724
Kuttusi Zorlu , Volkan Dede , Yahya Öztürk , Burçin Şeyda Çorba , İbrahim Kopar , Soner Serin
{"title":"An approach to assessment of geoheritage elements determined in the Upper Aras Basin (NE Türkiye) as resources: A decision-making model based on Interval Rough Numbers (IRNs)","authors":"Kuttusi Zorlu ,&nbsp;Volkan Dede ,&nbsp;Yahya Öztürk ,&nbsp;Burçin Şeyda Çorba ,&nbsp;İbrahim Kopar ,&nbsp;Soner Serin","doi":"10.1016/j.resourpol.2025.105724","DOIUrl":"10.1016/j.resourpol.2025.105724","url":null,"abstract":"<div><div>Geoheritage elements are significant geological resources that provide scientific, educational, and touristic usage and contribute to socio-economic development. To protect these resources sustainably, effective policies are necessary. This study focuses on the Upper Aras Basin in northeast Türkiye, employing a multi-criteria model to assess geoheritage potential. We used the combined models SWARA (Stepwise Weight Assessment Ratio Analysis) and CoCoSo (Combined Compromise Solution), which are based on Interval Rough Numbers (IRN), for this study's methods. This approach addresses uncertainties that may arise in the assessment of geoheritage elements using IRN, facilitating group decision-making for their management. In the study, geosites in the basin were classified according to six different categories of geoheritage types. In addition, their importance was determined at the global, national, regional, and local levels. According to the analysis results, G14 (Tuzluca Rainbow Hills, Sinkholes and Ichnofossils), G8 (Ani Ruins and Rock Houses), G15 (Kağızman Basalt Columns), G21 (Yazılıkaya Rock Paintings) and G2 (Akçakale Island and Historical Settlement) ranked first as the five most important geosites. In the study, inferences regarding establishing legal basis and grounds, inventory evaluation, the creation of geoparks, and sustainable use of resources were formulated to create an effective geoconservation policy in Türkiye and the field. Additionally, it discusses the scientific, educational, and touristic potential of geoheritage resources under a sustainable use policy. By integrating multiple expert opinions, the methodology effectively evaluates and ranks geosites, demonstrating its usefulness in assessing the significance of these resources. Overall, the findings aim to promote effective management and conservation of geoheritage.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105724"},"PeriodicalIF":10.2,"publicationDate":"2025-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144861001","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
Green investor entry and corporate green transformation: Evidence from Chinese resource-based industry 绿色投资者进入与企业绿色转型:来自中国资源型产业的证据
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-17 DOI: 10.1016/j.resourpol.2025.105717
Kun Luo, Xiaolu Wang
{"title":"Green investor entry and corporate green transformation: Evidence from Chinese resource-based industry","authors":"Kun Luo,&nbsp;Xiaolu Wang","doi":"10.1016/j.resourpol.2025.105717","DOIUrl":"10.1016/j.resourpol.2025.105717","url":null,"abstract":"<div><div>With the advancement of the global green development wave, corporate environmental governance has emerged as a central concern among stakeholders. Among these stakeholders, green institutional investors—as strategic capital providers—demonstrate distinct value for the green transformation of resource-intensive industries. This study examines China's A-share listed resource-based enterprises from 2015 to 2022 to systematically analyse the impact mechanisms of green investor participation on their green transformation. The findings reveal that green investor participation exerts a positive effect on the green transformation of resource-intensive industries, moderated by regional environmental regulation intensity, investor shareholding traits, corporate green strategy orientation, and industry classification. Mechanistic evidence shows that green investors significantly advance this transformation through dual channels: alleviating financing constraints and mitigating managerial myopia. Results remain robust across endogeneity tests and robustness checks. These findings offer theoretical insights for policymakers to refine green finance policies, specifically by establishing differentiated regional environmental governance systems, enhancing classification-based oversight of green investors, and innovating green financing instruments and policy portfolios to better channel capital toward the green transformation of resource-intensive industries. This research also provides practical guidance for firms to develop green investor selection criteria and strategic collaboration frameworks.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105717"},"PeriodicalIF":10.2,"publicationDate":"2025-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144860998","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 mathematical model for optimizing cut-off grade and stockpiling policies in open pit mines with grade engineering 利用品位工程优化露天矿截止品位和储备策略的数学模型
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-16 DOI: 10.1016/j.resourpol.2025.105716
Hamza Khalifi, Abdellatif Elghali, Yassine Taha, Mostafa Benzaazoua
{"title":"A mathematical model for optimizing cut-off grade and stockpiling policies in open pit mines with grade engineering","authors":"Hamza Khalifi,&nbsp;Abdellatif Elghali,&nbsp;Yassine Taha,&nbsp;Mostafa Benzaazoua","doi":"10.1016/j.resourpol.2025.105716","DOIUrl":"10.1016/j.resourpol.2025.105716","url":null,"abstract":"<div><div>This paper investigates the optimization of cut-off grade (COG) and stockpiling policies for open-pit mines that integrate pre-concentration techniques, such as screening, as a distinct processing destination. A novel Grade Engineering (GE) model was developed, incorporating the variability of response ranking (RR) within the deposit, and the costs related to waste management. We employ a novel method combining grid search for comprehensive exploration and a real-coded genetic algorithm for efficient refinement to determine the optimal solution, considering geological, economic, operational, technical, and environmental aspects of the operation. Applied to a copper deposit, the framework demonstrates significant benefits, including a 5.2 % increase in metal recovery, a 11.6 % reduction in waste rock, a 19.7 % extension in mine life, and a 39.7 % boost in material classified as ore. These advancements translate into a 4.1 % increase in the project's net present value. The findings highlight the effectiveness of the proposed methodology in optimizing mining operations and underscore the potential of GE to advance sustainable and economically viable mining practices, providing practical insights for industry decision-makers.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105716"},"PeriodicalIF":10.2,"publicationDate":"2025-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144852011","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
Visualizing the regional risk in raw material supply based on event analysis 基于事件分析的区域原材料供应风险可视化
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-15 DOI: 10.1016/j.resourpol.2025.105718
Hiroki Hatayama , Shinsuke Murakami , Yurie Anzai
{"title":"Visualizing the regional risk in raw material supply based on event analysis","authors":"Hiroki Hatayama ,&nbsp;Shinsuke Murakami ,&nbsp;Yurie Anzai","doi":"10.1016/j.resourpol.2025.105718","DOIUrl":"10.1016/j.resourpol.2025.105718","url":null,"abstract":"<div><div>Achieving stable and resilient mineral supply requires a good understanding of the diverse risk factors present in various regions, which vary in their severity levels. Conventional criticality assessments typically consider risk factors such as political stability and investment attractiveness using country-level indicators. However, there are severe risk factors that have yet to be incorporated due to the lack of data and methodology to evaluate them. This study quantifies country-specific risks of new risk domains such as natural disasters, accidents, and labor strikes through a meta-analysis of historical events. The risk scores for 93 source countries are calculated based on the number of records referring to those events, which were obtained through document investigation using three different approaches to event analysis. Our analysis reveals high risk scores for resource-rich developed countries like Australia and Canada due to the high frequency of events, which suggests a distinct feature of regional risk compared to the conventional domains of supply risk evaluation. This study highlights the significant potential of event analysis to provide evidence for policy design in supply chain risk management.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105718"},"PeriodicalIF":10.2,"publicationDate":"2025-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144841119","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
Critical minerals and the future of the U.S. economy, 2025 关键矿产与美国经济的未来,2025年
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-14 DOI: 10.1016/j.resourpol.2025.105662
Hugo Morão
{"title":"Critical minerals and the future of the U.S. economy, 2025","authors":"Hugo Morão","doi":"10.1016/j.resourpol.2025.105662","DOIUrl":"10.1016/j.resourpol.2025.105662","url":null,"abstract":"","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105662"},"PeriodicalIF":10.2,"publicationDate":"2025-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144841118","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
Negotiating compensation in Ghana's mining sector: Community valuer's selection dynamics and governance implications 加纳矿业部门的薪酬谈判:社区评价者的选择动态和治理影响
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-13 DOI: 10.1016/j.resourpol.2025.105704
Joseph Kwaku Kidido , Benjamin Avurinyinbiik Ajabuin , Samuel Kumi
{"title":"Negotiating compensation in Ghana's mining sector: Community valuer's selection dynamics and governance implications","authors":"Joseph Kwaku Kidido ,&nbsp;Benjamin Avurinyinbiik Ajabuin ,&nbsp;Samuel Kumi","doi":"10.1016/j.resourpol.2025.105704","DOIUrl":"10.1016/j.resourpol.2025.105704","url":null,"abstract":"<div><div>Compensation is a critical element in land appropriation for mining investment. It is a catalyst that drives land access and social license from affected landowners and other users. Thus, its determination process is fundamental to achieving a congenial atmosphere for the investment to thrive. This study explores the dynamics in the selection of community valuer/consultant, one of the key actors in the mine land acquisition and compensation negotiation process within Ghana's mining regulatory framework. Using the Newmont Ahafo projects in Ghana as a case study, the study interviewed respondents made up of affected farmers, landowners, community leaders, and chiefs across six mining communities for their perspectives on the selection of the community valuer and the work output. The results revealed that while the law provides for the engagement of a valuer to support affected people in mining land acquisition, there are no guidelines on the selection of this consultant. In practice, the selection processes have been fraught with undemocratic processes driven by interferences from powerful actors – traditional authorities, mines, and local politicians. This often led to the imposition of valuers on mine-affected communities with concomitant contestations and factionalism. These protract the land acquisition process, lead to delays of projects, community development, and escalate project costs, which undermine the investment climate - triggering the government's interventions to suppress dissenting groups. The results further showed that stakeholders accept the role of community valuer but have reservations about the neutrality and impartiality of the valuer, as the services are pre-financed by the mines. The findings highlight the need for improvement in the regulatory environment to instill sanity and order in the selection process and inject confidence and trust in the services of the community consultant. The study thus recommends a review of the legislation to provide means for selecting a community valuer and put in place mechanisms to improve trust in the prefinancing arrangement for the services of the community valuer without compromising performance.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105704"},"PeriodicalIF":10.2,"publicationDate":"2025-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144829821","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
‘Blunt’ tools for grievance management and the complexity of injustice: a case study of operational-level grievance mechanisms on South Africa's platinum belt 申诉管理的“钝”工具和不公正的复杂性:南非白金带运营层面申诉机制的案例研究
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-13 DOI: 10.1016/j.resourpol.2025.105715
Judy Hofmeyr
{"title":"‘Blunt’ tools for grievance management and the complexity of injustice: a case study of operational-level grievance mechanisms on South Africa's platinum belt","authors":"Judy Hofmeyr","doi":"10.1016/j.resourpol.2025.105715","DOIUrl":"10.1016/j.resourpol.2025.105715","url":null,"abstract":"<div><div>This article examines operational-level grievance mechanisms and claims for justice in mining territories. It draws on data collected in platinum-producing regions in Limpopo, South Africa, through interviews, observation and extensive engagement with mine representatives, aggrieved community members and other actors involved in efforts to address protracted issues in the area. By investigating both the intent of such mechanisms and the <em>de facto</em> processes by which issues are raised, expressed, and addressed in a single case study, it reveals the incompatibility of narrow, overly-simplified policies and the complex experiences of injustice – often ambiguous or illegible at first – that inform complaints and expectations for remedy in extractive locales. These ‘blunt tools’ for grievance management leave both employees implementing policies, and community actors urged to make use of it, frustrated and disempowered. In its shadow, parallel systems emerge to negotiate over issues. The study sheds light on the limitations of grievance procedures and on the inherent political nature of these quasi-adjudicative processes managed by private actors. The paper identifies the chronic under-resourcing of grievance mechanisms as a key policy gap, arguing that meaningful reform requires substantial investment in personnel, monitoring, and accessibility.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105715"},"PeriodicalIF":10.2,"publicationDate":"2025-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144829823","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
Optimal investment strategy for natural hydrogen exploration and production considering dual price uncertainties: A real options approach 考虑双重价格不确定性的天然氢勘探和生产最优投资策略:实物期权方法
IF 10.2 2区 经济学
Resources Policy Pub Date : 2025-08-13 DOI: 10.1016/j.resourpol.2025.105697
Saedaseul Moon , Deok-Joo Lee
{"title":"Optimal investment strategy for natural hydrogen exploration and production considering dual price uncertainties: A real options approach","authors":"Saedaseul Moon ,&nbsp;Deok-Joo Lee","doi":"10.1016/j.resourpol.2025.105697","DOIUrl":"10.1016/j.resourpol.2025.105697","url":null,"abstract":"<div><div>This study develops a real options framework to assess the economic viability of natural hydrogen exploration and production. Unlike conventional oil and gas projects, natural hydrogen faces dual uncertainties in electricity and Renewable Energy Certificate (REC) prices, highlighting the importance of managerial flexibility in investment decisions. Drawing on global average oil and gas data as a proxy, the model evaluates optimal timing to invest, defer, or abandon until the license expiration. Results show that power generation efficiency is the most influential factor, followed by REC- and electricity-related parameters. Compared to scenarios without incentives, the presence of REC subsidies significantly boosts both the likelihood and value of investment. Sensitivity analyses further underscore how field size, price volatility, and policy frameworks (e.g., license duration, subsidy structures) shape project outcomes. These findings highlight the need to integrate geological, economic, and policy dimensions to fully unlock the commercial potential of natural hydrogen, offering valuable insights for policymakers and industry stakeholders.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"109 ","pages":"Article 105697"},"PeriodicalIF":10.2,"publicationDate":"2025-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144829822","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
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