Article
Environmental Sciences
R. B. Jackson, P. Friedlingstein, C. Le Quere, S. Abernethy, R. M. Andrew, J. G. Canadell, P. Ciais, S. J. Davis, Zhu Deng, Zhu Liu, J. Korsbakken, G. P. Peters
Summary: Fossil CO2 emissions in 2021 increased by an estimated 4.2% (3.5%-4.8%) to 36.2 billion metric tons compared with 2020, bringing global emissions close to the levels seen in 2019 (36.7 Gt CO2).
ENVIRONMENTAL RESEARCH LETTERS
(2022)
Article
Business
Christoph Boehringer, Nicholas Rivers
Summary: A stylized general equilibrium model was used to estimate changes in economy-wide energy consumption following an exogenous costless improvement in energy efficiency. The study identified key drivers of the general equilibrium rebound effect and showed through numerical simulations that both general and partial equilibrium components of the rebound effect can be substantial. The findings caution against relying solely on energy efficiency improvements to mitigate adverse impacts of fossil fuel use such as climate change.
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT
(2021)
Article
Multidisciplinary Sciences
Cesar B. Martinez-Alvarez, Chad Hazlett, Paasha Mahdavi, Michael L. Ross
Summary: The study investigates the role of presidents, prime ministers, and monarchs in changing their countries' gasoline taxes and subsidies. The findings suggest that leaders have limited and temporary impact on fossil fuel taxes and subsidies, regardless of their age, gender, education, or political ideology. Even leaders recognized for environmental leadership struggle to reduce subsidies or raise fuel taxes.
PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA
(2022)
Article
Green & Sustainable Science & Technology
T. A. Hansen
Summary: Governments have not taken sufficient action to address the climate crisis. This paper examines the resistance from the fossil fuel industry as a key constraint on global efforts to combat climate change. The study finds that the industry is likely to suffer significant economic losses, including stranded assets and reduced profits, as a result of climate stabilization. The devaluation of fossil fuel reserves is estimated to amount to $13-$17 trillion, providing a strong incentive for producers to resist climate stabilization. Strategic demand reduction of fossil fuels is identified as a crucial strategy for overcoming industry resistance.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2022)
Article
Environmental Studies
Paulo Horta, Marina Sissini, Carolina Melissa Mueller, Fernanda M. M. Soares, Paulo Pagliosa, Leonardo Rorig, Jose Bonomi-Barufi, Flavio Berchez, Leticia Cotrim da Cunha, Rodrigo Kerr, Sergio Rossi, Marcelo O. Soares, Jorge L. Rodrigues-Filho, Hudson T. Pinheiro, Luciano Henning, Marcos Aurelio Espindola, Nicole Figueiredo de Oliveira, Alessandra Larissa Fonseca
Summary: Despite global needs, the Brazilian government plans to auction 92 blocks for oil and gas exploration, which would greatly increase the country's fossil fuel emissions. Government actions and omissions, including deforestation and weakening of environmental surveillance, highlight the urgent need for international discussions and barriers to the exploitation of fossil fuel reserves. The UN should take a leading role in orchestrating global efforts to reduce emissions and protect fragile sociobiodiversity.
Article
Environmental Sciences
Hashmat Ali, Imad Ali, Khan Baz
Summary: This study examines the relationship between per capita carbon dioxide emissions and various factors in major fossil fuel-consuming countries. The findings suggest that natural resources, ecological footprint, and registered companies hinder environmental quality, and there is a feedback effect between carbon dioxide emission and ecological footprint. It is recommended to adopt new energy policies to increase the share of nonfossil fuels in the energy mix for controlling industrialization, resource extraction, and environmental and economic issues.
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
(2023)
Article
Economics
Mohammed M. Tumala, Afees Salisu, Yaaba B. Nmadu
Summary: In this study, the researchers used the GARCH-MIDAS framework to analyze the relationship between climate change and fossil fuel price volatility. The results showed a strong connection between climate change and fossil fuel price volatility, especially after the global financial crisis. This suggests that climate change has increased the volatility in the fossil fuel market. The study also found that market risk and shocks to the fossil fuel market contribute to the persistence of price volatility. Efforts should be made to discourage investments in environmentally-degrading assets.
Editorial Material
Multidisciplinary Sciences
Vijaya Ramachandran
Summary: Africa is in need of reliable energy infrastructure, not the hypocrisy of the rich world.
Review
Green & Sustainable Science & Technology
Lisa Reyes Mason, Colleen Cummings Melton, Darian Gray, Andrea L. Swallow
Summary: This scoping review examines practices in the social work literature to transition away from fossil fuels, in order to inform social work engagement in climate mitigation. The study found that organizing or advocacy and energy at home were the most frequent practices, with individuals/households and private industry as common targets of change. Indigenous or Tribal nations played a significant role in organizing against private industry. Increased social work engagement in the transition away from fossil fuels is needed, including the adoption of an ecosocial approach.
Article
Business, Finance
Bo Zhu, Xin Hu, Yuanyue Deng, Bokai Zhang, Xiru Li
Summary: This paper uses a time-varying parametric vector autoregressive (TVP-VAR) model to estimate the effects of climate risks on stock returns in China, distinguishing between non-fossil and fossil fuel firms. News-based climate physical risk (CPR) and climate transition risk (CTR) indexes for China are created. The results indicate that both types of climate risks have time-varying and differential impacts on the returns of non-fossil and fossil fuel stocks. The differential effects are associated with investor preference and cash-flow effects. Moreover, CTR contributes more to the connectedness of return premium between the two stock types than CPR.
FINANCE RESEARCH LETTERS
(2023)
Review
Green & Sustainable Science & Technology
Muhammad Asyraf Azni, Rasyikah Md Khalid, Umi Azmah Hasran, Siti Kartom Kamarudin
Summary: The world's long-term reliance on fossil fuel energy has resulted in various adverse effects and the depletion of fossil fuels. The alternative and carbon-free hydrogen fuel cell energy is recommended for its ability to solve these problems.
Article
Environmental Studies
Auke Plantinga, Bert Scholtens
Summary: The research suggests that divesting from fossil fuel production companies does not harm financial investors, even when fossil fuels continue to play a dominant role in the energy mix. Divestment is not only not contradictory to the fiduciary duty of institutional investors, but also paves the way for more extensive divestment initiatives.
Article
Geosciences, Multidisciplinary
C. C. Yanez, F. M. Hopkins, X. Xu, J. F. Tavares, A. Welch, C. I. Czimczik
Summary: This study assesses the impact of the COVID-19 pandemic on human activity and fossil fuel carbon dioxide (CO2) emissions. Using direct observations of on-road CO2 levels in Los Angeles and analyzing the radiocarbon content of grass samples from throughout California, the researchers found a significant reduction in CO2 emissions during the pandemic, especially in urban areas. However, as restrictions were eased, the emissions rebounded.
Article
Green & Sustainable Science & Technology
M. Deva Prasad, Salamah Ansari
Summary: This study analyzes the litigation against fossil fuel companies to hold them accountable for climate change, highlighting the inadequate regulatory structure and the need for significant modifications in the legal and ethical framework of business conduct. The study also proposes using the Social Contract Theory to reestablish the social contract between citizens and government for holding businesses accountable.
JOURNAL OF CLEANER PRODUCTION
(2023)
Article
Environmental Sciences
Haozhe Yang, Kyle C. Meng, Sangwon Suh
Summary: A global 2 degrees C climate target is expected to bring significant economic benefits, but the presence of stranded fossil fuel assets could complicate cost-benefit considerations. The study also reveals that 95% of global net benefits will be borne by low and lower-middle income countries.
ENVIRONMENTAL RESEARCH COMMUNICATIONS
(2023)
Article
Engineering, Environmental
Natalie D. Hunt, Jason D. Hill, Matt Liebman
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2019)
Article
Environmental Sciences
Elisabeth A. Gilmore, Jinhyok Heo, Nicholas Z. Muller, Christopher W. Tessum, Jason D. Hill, Julian D. Marshall, Peter J. Adams
ENVIRONMENTAL RESEARCH LETTERS
(2019)
Article
Multidisciplinary Sciences
Andrew L. Goodkind, Christopher W. Tessum, Jay S. Coggins, Jason D. Hill, Julian D. Marshall
PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA
(2019)
Review
Green & Sustainable Science & Technology
Diego F. Correa, Hawthorne L. Beyer, Joseph E. Fargione, Jason D. Hill, Hugh P. Possingham, Skye R. Thomas-Hall, Peer M. Schenk
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2019)
Article
Multidisciplinary Sciences
Michael A. Clark, Marco Springmann, Jason Hill, David Tilman
PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA
(2019)
Editorial Material
Agriculture, Multidisciplinary
Linda S. Prokopy, Benjamin M. Gramig, Alisha Bower, Sarah P. Church, Brenna Ellison, Philip W. Gassman, Ken Genskow, Douglas Gucker, Steve G. Hallett, Jason Hill, Natalie Hunt, Kris A. Johnson, Ian Kaplan, J. Paul Kelleher, Hans Kok, Michael Komp, Peter Lammers, Sarah LaRose, Matthew Liebman, Andrew Margenot, David Mulla, Michael J. O'Donnell, Alex W. Peimer, Elizabeth Reaves, Kara Salazar, Chelsea Schelly, Keith Schilling, Silvia Secchi, Aslihan D. Spaulding, David Swenson, Aaron W. Thompson, Jessica D. Ulrich-Schad
AGRICULTURE AND HUMAN VALUES
(2020)
Article
Engineering, Environmental
Natalie D. Hunt, Matt Liebman, Sumil K. Thakrar, Jason D. Hill
ENVIRONMENTAL SCIENCE & TECHNOLOGY
(2020)
Article
Engineering, Environmental
Sumil K. Thakrar, Srinidhi Balasubramanian, Peter J. Adams, Ines M. L. Azevedo, Nicholas Z. Muller, Spyros N. Pandis, Stephen Polasky, C. Arden Pope, Allen L. Robinson, Joshua S. Apte, Christopher W. Tessum, Julian D. Marshall, Jason D. Hill
ENVIRONMENTAL SCIENCE & TECHNOLOGY LETTERS
(2020)
Article
Thermodynamics
Diego F. Correa, Hawthorne L. Beyer, Hugh P. Possingham, Joseph E. Fargione, Jason D. Hill, Peer M. Schenk
Summary: Microalgae present a promising alternative for future biofuel production, offering higher productivities per unit area and not depending on fertile soils or freshwater. Studies suggest that microalgal cultivation could require less than 1.1% of global land area, mainly in dry regions, with potential in regions like Africa, the Middle East, South America, the Caribbean, and Oceania for biofuel production.
Article
Agronomy
Matt Liebman, Huong T. X. Nguyen, Matthew M. Woods, Natalie D. Hunt, Jason D. Hill
Summary: Adding oat and lucerne phases to a 2-year maize-soyabean rotation can increase weed species diversity in the soil, improve maize and soyabean productivity, maintain total crop energy production, and reduce environmental impacts.
Article
Multidisciplinary Sciences
Nina G. G. Domingo, Srinidhi Balasubramanian, Sumil K. Thakrar, Michael A. Clark, Peter J. Adams, Julian D. Marshall, Nicholas Z. Muller, Spyros N. Pandis, Stephen Polasky, Allen L. Robinson, Christopher W. Tessum, David Tilman, Peter Tschofen, Jason D. Hill
Summary: Agriculture is a major contributor to air pollution, resulting in increased environmental risk factors for mortality in the United States and worldwide. Animal-based foods are responsible for a high proportion of pollution, but interventions in livestock and fertilization practices can reduce these negative impacts. Shifting towards a plant-based diet can significantly decrease health issues caused by agriculture's contribution to reduced air quality.
PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA
(2021)
Article
Multidisciplinary Sciences
Christopher W. Tessum, David A. Paolella, Sarah E. Chambliss, Joshua S. Apte, Jason D. Hill, Julian D. Marshall
Summary: In the United States, racial-ethnic minorities are disproportionately exposed to high levels of ambient fine particulate air pollution (PM2.5), with nearly all major emission categories contributing to the systemic PM2.5 exposure disparity experienced by people of color. By identifying the most inequitable emission source types by state and city, potential opportunities for addressing this persistent environmental inequity are highlighted.
Review
Environmental Sciences
Srinidhi Balasubramanian, Nina G. G. Domingo, Natalie D. Hunt, Madisen Gittlin, Kimberly K. Colgan, Julian D. Marshall, Allen L. Robinson, Ines M. L. Azevedo, Sumil K. Thakrar, Michael A. Clark, Christopher W. Tessum, Peter J. Adams, Spyros N. Pandis, Jason D. Hill
Summary: The global food system has significant impacts on air quality, contributing to at least 890,000 deaths related to ambient PM2.5. Livestock and crop production are major contributors, while opportunities to reduce PM2.5 impacts include shifting food demand and adopting clean technologies.
ENVIRONMENTAL RESEARCH LETTERS
(2021)
Article
Multidisciplinary Sciences
Michael A. Clark, Nina G. G. Domingo, Kimberly Colgan, Sumil K. Thakrar, David Tilman, John Lynch, Ines L. Azevedo, Jason D. Hill
Article
Green & Sustainable Science & Technology
Jason Hill, Andrew Goodkind, Christopher Tessum, Sumil Thakrar, David Tilman, Stephen Polasky, Timothy Smith, Natalie Hunt, Kimberley Mullins, Michael Clark, Julian Marshall
NATURE SUSTAINABILITY
(2019)
Article
Economics
Marie-Louise Arlt, David Chassin, Claudio Rivetta, James Sweeney
Summary: This paper examines the impact of real-time pricing and load automation on residential distribution systems. The study finds that implementing real-time pricing can result in an aggregate welfare gain of 39 USD per customer and year. However, it also notes that RTP and load automation may significantly increase peak system load. Introducing a market-based demand management system can further enhance welfare gains and reduce grid investment.
Article
Economics
Javier Jorquera-Copier, Alvaro Lorca, Enzo Sauma, Stefan Lorenczik, Matias Negrete-Pincetic
Summary: As countries update their climate ambitions, low-carbon hydrogen production and use present opportunities for emissions reductions and economic development. A case study for Chile shows that integrating hydrogen and electricity networks can lower system costs and enhance renewable integration, but policy support is needed to address concerns related to water and land use.
Article
Economics
Dawit Guta, Hisham Zerriffi, Jill Baumgartner, Abhishek Jain, Sunil Mani, Darby Jack, Ellison Carter, Guofeng Shen, Jennifer Orgill-Meyer, Joshua Rosenthal, Katherine Dickinson, Rob Bailis, Yuta Masuda
Summary: Household solid fuel use is detrimental to health and the environment. The Indian government's PMUY subsidy has successfully promoted the adoption of LPG by millions of households. However, there is limited understanding of the decision-making process to reduce solid fuel use after transitioning to cleaner fuels. This study found that factors such as household wealth, social status, education level, and the prevalence of LPG use in the village are positively associated with LPG consumption and the discontinuation of solid fuel use. On the other hand, factors such as distance to LPG refill delivery, household size, and the PMUY subsidy are negatively associated with the share of LPG use.
Article
Economics
Nicolas Morell-Dameto, Jose Pablo Chaves-Avila, Tomas Gomez San Roman, Pablo Duenas-Martinez, Tim Schittekatte
Summary: This paper assesses the performance of differently implemented forward-looking network tariff designs and proposes an innovative coordination mechanism to increase predictability in a future with many flexible customers. The study reveals that if large shares of customers synchronize their responses to highly time-varying and locational-specific network charges, it can lead to unexpected reinforcements.
Article
Economics
Alexandra Gritz, Guntram Wolff
Summary: Russia's weaponization of gas supplies shook the energy security of Central and Eastern Europe in 2022. The region responded by increasing alternative energy supplies and developing new gas supply routes. Renewable energy, nuclear energy, and hydrogen play important roles in the long-term. Mitigating the impact of this shock requires the EU to prioritize the integrity of its energy market.
Article
Economics
Jaroslaw Kantorowicz, Marion Collewet, Matthew DiGiuseppe, Hendrik Vrijburg
Summary: Economic costs are a major political obstacle to investing in climate change mitigation and adaptation measures. The method of financing plays a crucial role in determining public opposition to government green investments, with debt financing being less opposed than broad-based taxes. This study suggests that credit market tools, such as green bonds and debt for climate swaps, can be politically efficient in increasing support for green financing. Carbon taxes and wealth taxes are found to be the most preferred options.
Article
Economics
Kun Guo, Liyuan Luan, Xiaoli Cai, Dayong Zhang, Qiang Ji
Summary: This paper investigates China's energy trade stability using a survival analysis approach. It finds that the energy trade linkages between China and 153 other countries are complex and unstable, with short periods of trade with many countries. Geopolitically risky regions, such as the Middle East and Africa, have the lowest trade stability. Climate risks have significant effects on energy trade stability. The paper proposes several policy options to improve energy trade stability in China, with special attention to increasing global climate risks.
Article
Economics
Simona Bigerna, Piyush Choudhary, Nikunj Kumar Jain, Silvia Micheli, Paolo Polinori
Summary: This study estimates the willingness to pay of Indian urban consumers for a continuous supply of electricity using contingent valuation method. The findings show that the amount consumers are willing to pay depends on the duration of power outages, with households preferring shorter outages. Income and environmental attitude also positively influence higher willingness to pay. These insights can inform policymakers in designing more reliable and customer-centric energy generation and distribution models.
Article
Economics
Temilade Sesan, Unico Uduka, Lucy Baker, Okechukwu Ugwu, Ewah Eleri, Subhes Bhattacharyya
Summary: This study examines the impact of the regulatory framework on rural electrification and universal energy access goals in Nigeria's mini-grid sector. The findings suggest that while the current framework has fostered sector growth, additional measures are necessary to ensure equitable distribution of access among rural populations.
Article
Economics
Rui Shan, Noah Kittner
Summary: Energy storage is a cornerstone in decarbonization planning as it reduces operational costs and greenhouse gas emissions, while enhancing resilience and renewables integration. However, storage developers in different regions have varying economic and environmental considerations, thereby requiring policy intervention to achieve long-term emission reductions.
Article
Economics
Tung Durmaz, Sevil Acar, Simay Kizilkaya
Summary: This study investigates the phenomenon of strategic capacity withholding in the Turkish electricity market and its relationship with the capacity remuneration mechanism. The empirical results provide strong evidence of strategic capacity withholding and show that the capacity mechanism contributes to the duration of failures. The study offers important insights for policymakers, including the implementation of a random verification mechanism and restructuring of the capacity mechanism in Turkey.
Article
Economics
Tii N. Nchofoung
Summary: The study finds that oil price shocks have a negative impact on Africa's energy transition, particularly in rural areas and net crude oil exporting countries. However, oil price shocks cannot explain the urban-rural differences in clean energy access. Therefore, increasing investment in clean energy and technologies in rural areas is necessary to enhance the resilience of the energy sector to oil price shocks.
Article
Economics
Najia Saqib, Muhammad Usman, Ilhan Ozturk, Arshian Sharif
Summary: This study examines the impact of environmental technologies, financial growth, and energy use on ecological footprint and green growth. Environmental innovation and renewable energy deployment contribute to green growth, while financial expansion and non-renewable energy use have negative effects on the environment. The study also identifies causal relationships between different factors.
Article
Economics
Yessica C. Y. Chung, Noxolo Kunene, Hung-Hao Chang
Summary: The Renewable Energy Certificate (REC) is considered an innovative technology for building a green society. This study investigates the impact of REC purchases on stock return and volume in Taiwan between 2017 and 2021. The findings suggest that REC purchases have a positive effect on stock returns of manufacturing firms but not service firms. The frequency of REC purchases is also an important factor in the relationship between REC purchase and firm value. Additionally, the study reveals that public attention to environmental pollution plays a crucial role in positive stock returns and volume, while ESG disclosure is negatively associated with returns and volume.
Article
Economics
Seife Ayele, Wei Shen, Yacob Mulugetta, Tadesse Kuma Worako
Summary: This paper addresses the challenges of governing energy procurement from a mix of non-hydropower renewable energy sources supplied by independent producers. Building on political economy analysis and five case studies of independent producer projects from Ethiopia, it seeks to understand the root causes of the protracted delays and limited extent of procurement by independent producers. The key contestations lie in managing long term contracts, risk, uncertainty and in developing the institutional and human capacity to transition.