Article
Economics
Andres Arcila, John D. Baker
Summary: Heralded as a groundbreaking experiment in carbon tax policy, the Canadian province of British Columbia implemented a carbon tax in 2008. However, new data suggests that CO2 emissions and fossil fuel consumption have actually increased in recent years. Using synthetic control analysis, we find that contrary to theoretical expectations, CO2 emissions and gasoline consumption rose in British Columbia compared to the synthetic control, but there was a reduced share of economic activity in the energy industry.
Article
Economics
Jonn Axsen, Michael Wolinetz
Summary: Strict road pricing can effectively reduce GHG emissions for passenger vehicles in the short and long term, and can complement vehicle efficiency regulations. Equity and political acceptability can be enhanced through careful design of exemptions and revenue usage. Implementing road pricing policies involves stakeholder consultation, clear communication of benefits, demonstration phases, referendums, and ideally political party agreement.
Article
Economics
Joel Foramitti, Ivan Savin, Jeroen C. J. M. van den Bergh
Summary: The study compares the performance of emission tax and permit trading, finding that permit prices fall after successful abatement and can result in higher production levels but also drive emission-efficient firms out of the market. Scarcity rents under permit trading can further increase firms' profit rates, depending on market-clearing mechanisms and initial allocation.
Article
Environmental Sciences
Viola Becattini, Paolo Gabrielli, Linda Frattini, David Weisbach, Marco Mazzotti
Summary: This contribution introduces a novel carbon pricing system that aims to capture all carbon emissions and provide more appropriate incentives. The system groups carbon into three aggregate pools and taxes or credits carbon fluxes based on physical movements between pools. It goes beyond current carbon pricing schemes by avoiding bad incentives, capturing the complexity of carbon movements, reducing measurement errors, and providing transparent price signals.
Article
Business, Finance
Jin Boon Wong, Qin Zhang
Summary: This study examines the impact of carbon tax on wholesale electricity pricing and market behavior using the natural experiment of Australia's carbon pricing mechanism. The results indicate a significant increase in wholesale electricity costs across different regions, ranging from 22.1% to 68.0%, after controlling for relevant factors. The variation in price impacts can be attributed to the differences in fuel mix for electricity generation and the capacity to import renewable hydroelectricity. The shift in market behavior from coal to other energy sources during the carbon pricing mechanism is reversed after the abolition of carbon tax.
FINANCE RESEARCH LETTERS
(2022)
Article
Environmental Sciences
Adam Finch, Jeroen van den Bergh
Summary: Many countries have implemented carbon pricing in the form of a tax or market, but the authenticity of the carbon prices is low. The carbon prices published by sources such as the World Bank provide a misleading representation of the actual national policy pressure on emissions. There are significant differences between the average carbon price and the advertised price, and implicit carbon prices dominate explicit ones for most countries.
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
(2022)
Editorial Material
Political Science
Lars H. Gulbrandsen, Jorgen Wettestad
Summary: This editorial briefly reviews the achievements and limitations of key ETSs around the world and provides an overview of the assembled articles, showing that carbon markets continue to evolve and expand globally despite uncertainties.
POLITICS AND GOVERNANCE
(2022)
Article
Environmental Sciences
Patrick Hartmann, Aitor Marcos, Jose M. Barrutia
Summary: Carbon taxes increase the costs of carbon-intensive products, serving as a punishment for their consumption. The decision of whether to make the carbon tax salient or hidden in the retail price has been overlooked, but it has effects on demand. Our research shows that salient carbon taxes are less effective in reducing demand because the awareness of paying a carbon tax triggers a moral licensing process that encourages consumption.
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
(2023)
Article
Green & Sustainable Science & Technology
Dusan Gordic, Jelena Nikolic, Vladimir Vukasinovic, Mladen Josijevic, Aleksandar D. Aleksic
Summary: This study examines electricity consumption in average households in 31 European countries and finds that annual carbon emissions range from 0.09 to 6.44 tCO2e. The study also analyzes the financial implications of purchasing voluntary carbon offsets.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2023)
Review
Environmental Sciences
Di Wang, Liang Dong, Jianhao Mei
Summary: This article provides a comparative analysis of climate change mitigation policies in Germany, France, and the Netherlands. The study identifies commonalities and disparities among the three countries in terms of policy systems, pathways, and instruments. The findings emphasize the importance of considering institutional requirements, fairness, economic effectiveness, synergies, and transformative potential in climate governance policies.
ENVIRONMENTAL RESEARCH LETTERS
(2023)
Article
Economics
Levi Marks
Summary: This paper estimates the cost of reducing methane emissions from the extraction segment of the natural gas industry and finds that pricing methane emissions would generate substantial net social benefits.
JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS
(2022)
Article
Business
Jan Abrell, Mirjam Kosch, Sebastian Rausch
Summary: This study analyzes the performance of the UK CPS, a carbon tax mechanism, and finds that it reduced emissions by 6.2% at an average cost of £18 per ton in the period 2013-2016. The study also highlights the temporal heterogeneity in the tax-induced impacts, which is dependent on the variation in relative fuel prices.
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
(2022)
Article
Environmental Sciences
Zhifu Mi, Xinlu Sun
Summary: The evaluation of regional efforts in China on carbon emission reduction indicates that industrial transition and non-fossil fuel development are key factors for leading provinces. The recommended solution for achieving carbon neutrality in China is to promote the transformation of industrial structure and energy mix.
COMMUNICATIONS EARTH & ENVIRONMENT
(2021)
Article
Green & Sustainable Science & Technology
Sijeong Lim, Aseem Prakash
Summary: Governments worldwide have implemented policies to reduce the use of fossil fuels. Scholars have investigated the impact of carbon pricing policies on emissions reduction and climate innovation. This study examines the relationship between carbon pricing and climate innovation, finding that the adoption of carbon pricing policies is associated with an increase in patent applications for climate mitigation technologies. This association holds true even when considering other influencing factors such as feed-in tariffs and public investment in low-carbon research and development.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Studies
Erik Haites, Paolo Bertoldi, Michael Koenig, Christopher Bataille, Felix Creutzig, Dipak Dasgupta, Stephane de la Rue du Can, Smail Khennas, Yong-Gun Kim, Lars J. Nilsson, Joyashree Roy, Agus Sari
Summary: This paper highlights the challenge of reducing emissions in emissions-intensive, trade-exposed sectors and proposes policy packages to achieve emission reduction targets while minimizing the risk of leakage.
Article
Green & Sustainable Science & Technology
M. Genovese, F. Piraino, P. Fragiacomo
Summary: This research proposes the concept of a hydrogen valley in southern Italy, where hydrogen is produced centrally and delivered via fuel cell hybrid trains to refueling stations, providing transportation services. The analysis from both technical and economic perspectives shows that the cost of hydrogen and energy efficiency reached competitive levels, and hydrogen rail transport offers significant benefits in terms of emissions reduction and economic gains compared to conventional diesel trains and fully electric trains.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Miaomiao Liu, Payam Nejat, Pinlu Cao, Carlos Jimenez-Bescos, John Kaiser Calautit
Summary: This article provides a critical review of the performance of windcatchers, pointing out the current research gaps and issues, and proposing directions for further investigation and market prospects.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Solomon Boadu, Ebenezer Otoo
Summary: Despite Africa's vast energy resources, including wind energy, the continent faces challenges in developing its wind energy industry. Northern African countries and South Africa currently dominate the wind energy sector in Africa. To uplift Africa's socio-economic status, strong political will, supportive policies, and institutional frameworks are needed to drive the development of wind energy and overcome existing challenges.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
E. K. Grubbs, S. M. Gruss, V. Z. Schull, M. J. Gosney, M. V. Mickelbart, S. Brouder, M. W. Gitau, P. Bermel, M. R. Tuinstra, R. Agrawal
Summary: As the global population grows, the demand for food, energy, and water will increase significantly. However, limited land availability and competition for solar resources pose challenges to resource generation technologies. In the United States, both agriculture and solar energy production have adopted densification schemes to improve yields and energy output per unit of land. This research proposes an Agrivoltaic food and energy coproduction architecture that optimizes power generation while maintaining crop productivity by implementing ideal anti-tracking during critical growth periods. This technology offers a viable pathway for widespread solar implementation throughout the contiguous United States.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Han Shao, Rui Henriques, Hugo Morais, Elisabetta Tedeschi
Summary: The integration of offshore wind energy into the electric grid provides opportunities in terms of environmental sustainability and cost efficiency, but poses challenges to power quality. This survey offers a deeper understanding of disturbance detection and classification tools, exploring root causes, disturbance locations, and algorithmic solutions. It highlights synchronized waveform measurement and discusses evaluation metrics for detection and classification algorithms. Additionally, a novel system-wide monitoring framework is proposed.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Eleni Davidson, Yair Schwartz, Joe Williams, Dejan Mumovic
Summary: A continued upward trend in global greenhouse gas emissions poses risks to global infrastructure and built assets. Maintaining high indoor environmental quality standards is a challenge for higher education institutions under future climates. Passive cooling mechanisms may be insufficient to tolerate predicted temperature increases. Different building typologies have varying energy demand projections.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Kexin Pang, Jian Zhou, Stamatis Tsianikas, David W. Coit, Yizhong Ma
Summary: This study proposes a new framework for long-term microgrid expansion planning, using deep reinforcement learning method to consider various uncertainties and constraints. The framework aims to enhance the effectiveness of microgrid expansion planning from the perspectives of economy, resilience, and greenhouse gas emission reduction.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Jun Zhao, Kangyin Dong, Xiucheng Dong
Summary: The continuous growth of global electricity penetration has provided modern energy for alleviating energy poverty, but its impact on carbon neutrality has been overlooked. The research reveals that clean electricity from traditional fossil energy and renewable energy has a positive influence on the greenhouse effect. Eradicating energy poverty can effectively alleviate the greenhouse effect, especially in non-Belt and Road Initiative (B&RI) nations.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Hossein Shahbeik, Hamed Kazemi Shariat Panahi, Mona Dehhaghi, Gilles J. Guillemin, Alireza Fallahi, Homa Hosseinzadeh-Bandbafha, Hamid Amiri, Mohammad Rehan, Deepak Raikwar, Hannes Latine, Bruno Pandalone, Benyamin Khoshnevisan, Christian Sonne, Luigi Vaccaro, Abdul-Sattar Nizami, Vijai Kumar Gupta, Su Shiung Lam, Junting Pan, Rafael Luque, Bert Sels, Wanxi Peng, Meisam Tabatabaei, Mortaza Aghbashlo
Summary: This review explores the production of biocrude oil from biomass feedstocks through the process of hydrothermal liquefaction (HTL). It discusses the impact of process parameters on the quality, quantity, cost, and environmental impacts of biofuels. The review also highlights the challenges and prospects for the future development of biocrude oil.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Meysam Majidi Nezhad, Mehdi Neshat, Georgios Sylaios, Davide Astiaso Garcia
Summary: Digital twins promise innovation for the marine renewable energy sector by using modern technological advances and the existing maritime knowledge frameworks. This research presents critical aspects of digital twin implementation challenges in marine energy digitalization approaches that use and combine data systems.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
Yeganeh Sharifian, Hamdi Abdi
Summary: This paper discusses the background and objectives of the multi-area economic dispatch problem, as well as various techniques and methods applied in this field. It also covers comprehensive formulations of the problem and important issues in the field of probabilistic MAED, along with some related concepts and suggestions.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
J. G. B. Churchill, V. B. Borugadda, A. K. Dalai
Summary: The increasing global energy demand and the need to reduce fossil fuel reliance have created a demand for renewable and sustainable fuel sources. This review explores the potential of tall oil, a by-product of the pulping industry, as a feedstock for biofuels. The review provides an overview of tall oil production, purification, and treatment, and investigates recent trends and barriers towards tall oil-derived biofuels.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
David C. Broadstock, Xiangnan Wang
Summary: This study provides a general review of research on district cooling, identifying key topics and themes and highlighting potential research priorities for future studies.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Article
Green & Sustainable Science & Technology
L. Scharnhorst, D. Sloot, N. Lehmann, A. Ardone, W. Fichtner
Summary: This study investigates and analyzes the barriers to demand response in industrial and commercial sectors, highlighting their significance. Concerns about diminished product quality, disruptions to production processes, human resource management, and revenue uncertainty are identified as the most frequently cited barriers. Overcoming these barriers requires bridging knowledge gaps, allocating sufficient resources, and adapting external incentives and policies.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)
Review
Green & Sustainable Science & Technology
Tong Feng, Yuechi Sun, Yating Shi, Jie Ma, Chunmei Feng, Zhenni Chen
Summary: Air pollution is a significant global challenge, and policymakers have implemented policies to reduce it. Evaluating the effectiveness of these policies is critical, and our study reveals trends and gaps in air pollution policy research. We found that research has shifted from focusing solely on air pollutants to including methodologies, policies, and health implications. China has emerged as a major contributor in this field of research.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2024)