发布求助
文献互助 智能选刊 最新文献

Resource and Energy Economics最新文献

筛选
英文 中文
Political connection and water pollution: New evidence from Chinese listed firms 政治关系与水污染:来自中国上市公司的新证据
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101390
Rui Xie , Jiahuan Zhang , Chuan Tang
{"title":"Political connection and water pollution: New evidence from Chinese listed firms","authors":"Rui Xie ,&nbsp;Jiahuan Zhang ,&nbsp;Chuan Tang","doi":"10.1016/j.reseneeco.2023.101390","DOIUrl":"10.1016/j.reseneeco.2023.101390","url":null,"abstract":"<div><p>We analyze the data of 689 Chinese listed firms between 1999 and 2010 to study the relationship between firms’ political connections and their pollution emissions. We find that, ceteris paribus, a polluting firm with politically connected top managers discharges about 25% more chemical oxygen demand (COD) per 10,000 RMB (about 1,500 USD) worth of total output. The impact of political connections on COD emissions gradually fades out with the departure of politically connected top managers. However, political connections do not affect firms’ emissions of unregulated water pollutants or air pollutants that receive high levels of public attention. In addition, we find evidence that polluting firms may leave wastewater treatment units idle, which lessens treatment costs and thus raises pollution emissions. The findings of this study would help advance discussion about managing water pollution and designing effective environmental regulations under a command-and-control policy schema in developing countries.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45958702","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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 Bitcoin mining increase renewable electricity capacity? 比特币挖矿能增加可再生电力容量吗？
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101376
August Bruno, Paige Weber, Andrew J. Yates
{"title":"Can Bitcoin mining increase renewable electricity capacity?","authors":"August Bruno,&nbsp;Paige Weber,&nbsp;Andrew J. Yates","doi":"10.1016/j.reseneeco.2023.101376","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2023.101376","url":null,"abstract":"<div><p>Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable capacity, it also increases carbon emissions. When Bitcoin miners provide grid management services in the form of demand response, their emissions impact is largely mitigated.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50181223","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Preferences on financing mechanisms for thermal retrofit measures in multi-owner buildings: A discrete choice experiment with landlords and owner-occupiers in France 对多业主建筑热改造措施融资机制的偏好：法国房东和自住业主的离散选择实验
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101392
Valeria Fanghella , Marie-Charlotte Guetlein , Joachim Schleich , Carine Sebi
{"title":"Preferences on financing mechanisms for thermal retrofit measures in multi-owner buildings: A discrete choice experiment with landlords and owner-occupiers in France","authors":"Valeria Fanghella ,&nbsp;Marie-Charlotte Guetlein ,&nbsp;Joachim Schleich ,&nbsp;Carine Sebi","doi":"10.1016/j.reseneeco.2023.101392","DOIUrl":"10.1016/j.reseneeco.2023.101392","url":null,"abstract":"<div><p>Thermal retrofit of existing buildings is a major challenge for the energy transition. Retrofitting multi-owner buildings is particularly challenging because it involves multiple co-owners with heterogeneous preferences and incentives to renovate. We conduct a discrete choice experiment on thermal retrofit measures with landlords and owner-occupiers of condominiums in multi-owner buildings in France. Attributes include financing mechanisms (equity, private loan, and collective loan), transferability of loans (i.e. loans, which may be transferred to the next owner in case the condominium is sold), heating cost savings (absolute and relative to other co-owners in the same building), and investment costs. Results from estimating mixed logit models suggest that participants prefer on average equity financing over loan financing and collective loans over private loans. Aversion to loan financing appears to be partly due to debt aversion. The results also suggest that for loan financing, co-owners prefer transferable loans. Further, co-owners do not like retrofit measures that result in higher heating cost savings for other co-owners in the same building than for themselves. Thus, asymmetric distribution of benefits of thermal retrofit measures may impede acceptability of such measures in multi-owner buildings. Finally, the findings provide no evidence for a landlord-tenant split incentives problem in our sample.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46668189","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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 siting of onshore wind turbines: Local disamenities matter 陆上风力涡轮机的最佳选址：当地灾难
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101386
Paul Lehmann , Felix Reutter , Philip Tafarte
{"title":"Optimal siting of onshore wind turbines: Local disamenities matter","authors":"Paul Lehmann ,&nbsp;Felix Reutter ,&nbsp;Philip Tafarte","doi":"10.1016/j.reseneeco.2023.101386","DOIUrl":"https://doi.org/10.1016/j.reseneeco.2023.101386","url":null,"abstract":"<div><p>The deployment of onshore wind power is an important means to mitigate climate change. However, wind turbines also produce local disamenities to residents living next to them, mainly due to noise emissions and visual effects. Our paper analyzes how the presence of local disamenities affects the socially optimal siting of onshore wind power. The analysis builds on a spatial optimization model using geographical information system (GIS) data for more than 100,000 potential sites in Germany. Our results indicate a major spatial trade-off between the goals of minimizing electricity generation costs and disamenity costs. Considering disamenity costs substantially alters – and in fact dominates – the socially optimal spatial allocation of wind power deployment. This is because in Germany a) the spatial correlation between generation costs and disamenity costs is only moderately positive, and b) disamenity costs exhibit a larger spatial heterogeneity than the generation costs. These results are robust to variations in the level and slope of the disamenity cost function that we assume for the modeling. Our findings emphasize the importance of supplementing support schemes for wind power deployment with approaches that address local disamenties, e.g., compensation payments to local residents or differentiated setback distances to settlements.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50181222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Closing wells: Fossil development and abandonment in the energy transition 关井；能源转型中的化石开发与废弃
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101387
Inge van den Bijgaart , Mauricio Rodriguez
{"title":"Closing wells: Fossil development and abandonment in the energy transition","authors":"Inge van den Bijgaart ,&nbsp;Mauricio Rodriguez","doi":"10.1016/j.reseneeco.2023.101387","DOIUrl":"10.1016/j.reseneeco.2023.101387","url":null,"abstract":"<div><p>Despite ambitious climate goals and already substantial stocks of developed fossil energy reserves, development of new fossil energy reserves continues to be high. This raises concerns, as it reinforces the fossil industry’s opportunities and incentives to continue extraction, and may necessitate abandonment of developed fossil reserves to meet climate targets. In this paper, we analyze the energy transition, considering fossil development activities. We provide conditions for when the fossil industry will abandon reserves, and establish that continued development of fossil resources is not incompatible with abandoning developed reserves. The first-best implementation of a carbon budget involves reserve abandonment, and thus development that pushes developed reserves in excess of the remaining budget. A quantitative assessment reveals that a volume equal to 9–19% of current oil and gas reserves are optimally abandoned, and that, even under a 1.5<sup>∘</sup><em>C</em> warming target, development of new reserves is justified for another decade.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44365664","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Irrigation technology adaptation for a sustainable agriculture: A panel endogenous switching analysis on the Italian farmland productivity 灌溉技术适应可持续农业：意大利农田生产力的面板内生转换分析
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101391
Sabrina Auci , Andrea Pronti
{"title":"Irrigation technology adaptation for a sustainable agriculture: A panel endogenous switching analysis on the Italian farmland productivity","authors":"Sabrina Auci ,&nbsp;Andrea Pronti","doi":"10.1016/j.reseneeco.2023.101391","DOIUrl":"10.1016/j.reseneeco.2023.101391","url":null,"abstract":"<div><p>Efficient water management in agricultural activities can improve local water resource conditions while enhancing farms’ economic performance. This paper analyses how farmers’ decisions to adopt innovative and sustainable irrigation systems, such as Water Conservation and Saving Technologies (WCSTs), would shape Italian farms’ economic resilience by improving land productivity. Using a Panel Endogenous Switching Regression Model, our results confirm that the WCST adoption is an endogenous and self-selective process and land value is endogenously determined. Seasonal aridity indices are important factors in the choice of WCST adoption, with different effects on non-adopters and adopters. Farmers who adopt WCSTs are more productive than those who do not.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43671064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Regulatory commitment versus non-commitment: Electric vehicle adoption under subsidies and emission standards 监管承诺与非承诺：补贴和排放标准下的电动汽车采用
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-08-01 DOI: 10.1016/j.reseneeco.2023.101388
Bernd Theilen , Françeska Tomori
{"title":"Regulatory commitment versus non-commitment: Electric vehicle adoption under subsidies and emission standards","authors":"Bernd Theilen ,&nbsp;Françeska Tomori","doi":"10.1016/j.reseneeco.2023.101388","DOIUrl":"10.1016/j.reseneeco.2023.101388","url":null,"abstract":"<div><p>We compare two regulatory structures in the application of emission standards and a subsidy scheme in the automobile market. The regulator can either commit to an emission standard or is not able to commit. Firms compete á la Cournot and produce fuel-powered and electric vehicles. The emissions of fuel-powered vehicles can be abated by means of investing in emission-reducing innovation. Our results indicate that under commitment there are less emissions, higher subsidies and a major adoption of electric vehicles. By contrast, non-commitment yields more fuel-powered vehicles, more vehicles in total and higher consumer surplus. Electric vehicle producers obtain higher profits under commitment, whereas fuel-powered vehicle producers might be better off under both regulatory structures. Social welfare is higher under non-commitment as long as environmental damages are regarded severe. Otherwise, commitment is socially preferable. This result provides an explanation for observed differences in the duration of environmental standards between the US, the EU and China.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42421612","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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
Sustainable per capita consumption under population growth 人口增长下的可持续人均消费
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101363
Geir B. Asheim , John M. Hartwick , Rintaro Yamaguchi
{"title":"Sustainable per capita consumption under population growth","authors":"Geir B. Asheim ,&nbsp;John M. Hartwick ,&nbsp;Rintaro Yamaguchi","doi":"10.1016/j.reseneeco.2023.101363","DOIUrl":"10.1016/j.reseneeco.2023.101363","url":null,"abstract":"<div><p>We establish two investment rules for maximal constant per capita consumption under exogenous population growth, one in terms of total capital stocks and the other in terms of per capita capital stocks. Both rules show the importance of the development of future population growth. The investment rules are illustrated in the one-sector model of capital accumulation, the DHSS model of capital accumulation and resource depletion, and the Stollery–d’Autume–Schubert model in which natural capital provides amenities. Application to recent empirical evidence indicates that actual genuine savings might be insufficient to sustain per capita consumption, when future population growth is combined with a large per capita consumption-wage gap.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45809690","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 2
Green monetary and fiscal policies: The role of consumer preferences 绿色货币和财政政策：消费者偏好的作用
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101370
Mohamed Tahar Benkhodja , Xiaofei Ma , Tovonony Razafindrabe
{"title":"Green monetary and fiscal policies: The role of consumer preferences","authors":"Mohamed Tahar Benkhodja ,&nbsp;Xiaofei Ma ,&nbsp;Tovonony Razafindrabe","doi":"10.1016/j.reseneeco.2023.101370","DOIUrl":"10.1016/j.reseneeco.2023.101370","url":null,"abstract":"<div><p>We establish a two-sector model to simulate the potential effects of green fiscal poli- cies and unconventional green monetary policy on the economy during a recovery or in case of a stimulus policy. We find that instruments such as a carbon tax, an implicit tax on brown loans, and a subsidy for the purchase of green goods are all beneficial to the green sector, in contrast to green quantitative easing. A carbon tax imposed directly on firms in the brown sector is the most effective tool to reduce pollution. More importantly, the marginal effects of green instruments on the economy depend on consumer preferences. Namely, the marginal effects are the most prominent when consumers start to purchase more green goods as an increasing part of their consumption basket. Furthermore, the effects of those green policies are more effective when the elasticity of substitution between green and brown goods increases. This finding suggests that raising consumers’ awareness and ability to consume green goods reinforce the effectiveness of public policies designed for low-carbon transition of the economy.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45197443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 4
Tradable performance standards in a dynamic context 动态环境中的可交易绩效标准
IF 2.9 3区 经济学
Resource and Energy Economics Pub Date : 2023-06-01 DOI: 10.1016/j.reseneeco.2023.101373
Jonathon M. Becker
{"title":"Tradable performance standards in a dynamic context","authors":"Jonathon M. Becker","doi":"10.1016/j.reseneeco.2023.101373","DOIUrl":"10.1016/j.reseneeco.2023.101373","url":null,"abstract":"<div><p>Many sectors of the economy that are targets of emissions reduction policy exhibit price-responsive demand, long-lived capital, capacity constraints, and foresighted decision-making. I explore how these features affect the efficiency and dynamics of tradable performance standards (TPS) using analytical and numerical equilibrium models. While I show these dynamic considerations alone do not lead to conflicts with existing theory on the overall efficiency and cost-effectiveness of the TPS relative to a first-best policy, they do affect the transition path and steady state. Most notably, under all but the smallest discount rates, the TPS can lead to a more cost-effective post-transition steady state than the equivalent emissions cap. Given the intergenerational transition that comes with decarbonization, this result suggests some classes of present and future consumers may prefer a TPS to an emissions cap.</p></div>","PeriodicalId":47952,"journal":{"name":"Resource and Energy Economics","volume":null,"pages":null},"PeriodicalIF":2.9,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45345386","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"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: 2
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信