Article
Environmental Sciences
Qiang Wang, Rongrong Li, Sailan Hu, Min Su
Summary: This article examines the impact of warfare on carbon emissions by analyzing changes in CO2 levels before and during the war in Syria. The study utilizes the kaya constant equation and the LMDI decomposition method. The findings reveal that in the early stage of the war, carbon emissions significantly decreased, resulting in population decline and economic recession. However, in the late war, carbon emissions started to slowly increase despite the declining population and economy. The research emphasizes the importance of immediate cessation of war to prevent the worst-case scenario of population decline, economic recession, and increased carbon emissions.
JOURNAL OF ENVIRONMENTAL MANAGEMENT
(2023)
Article
Energy & Fuels
Ya Wu, Bin Xu
Summary: Based on the research findings, carbon emissions in seven provinces in China have peaked, while nine provinces have not truly peaked yet, and other provinces are still far from peaking. The current emission reduction efforts may not be enough to support the realization of the 2030 carbon emissions peaking goal.
Article
Business, Finance
Kiryoung Lee, Juik Cho
Summary: We develop indices of Twitter-based Chinese Climate Uncertainty (TC-CU) and Climate Policy Uncertainty (TC-CPU) and find that they are closely associated with climate change-related events such as presidential announcements, UN climate change conferences, warnings about melting glaciers in China's Qilian mountains, and climate concerns regarding bitcoin mining. TC-CPU can predict future US climate uncertainty and attention measures, but US measures do not predict Chinese climate change measures. Moreover, TC-CU (TC-CPU) negatively predicts equity returns of small (value) firms. Finally, we find that shocks to TC-CU lead to a decline in CO2 emissions.
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE
(2023)
Article
Economics
Christoph Boehringer, Carolyn Fischer, Nicholas Rivers
Summary: Carbon-pricing policies worldwide are increasingly coupled with direct or indirect subsidies. This study analyzes the incentives created by two novel forms of rebating, intensity-based output rebating and intensity-based emission rebating. The study assesses the performance of these mechanisms in a multisector general equilibrium model.
JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS
(2023)
Article
Green & Sustainable Science & Technology
M. Gonzalez-Torres, L. Perez-Lombard, J. F. Coronel, I. R. Maestre
Summary: This article highlights the increasing impact of energy use on the planet due to CO2 emissions. Deep analysis of consumption and emissions driving forces is essential for successful climate change mitigation. Developed regions have shown hopeful changes, while emerging economies need more efforts to achieve decarbonization goals.
JOURNAL OF CLEANER PRODUCTION
(2021)
Article
Environmental Sciences
Meiping Wang, Shouxin Zhang, Haiyong Zhu, Wenqing Liu, Fan Chen, Fazhan Wu
Summary: The study investigates the spatial and temporal characteristics of carbon emissions in the Chinese building sector. It analyzes the spatial and temporal heterogeneity of provincial contributions to carbon emissions and their influencing factors. Furthermore, it predicts the spatial and temporal evolution of carbon emissions in the Chinese building sector until 2050, and forecasts that emissions will peak in 2036 at 2.463 BtCO2.
POLISH JOURNAL OF ENVIRONMENTAL STUDIES
(2023)
Review
Environmental Studies
Shu Wu
Summary: China's climate policies are globally important and will likely determine the success of global climate efforts due to its strong economic growth, coal-dominated energy structure, and enormous emission base. The study outlines China's climate governance, policy instruments, effectiveness, and challenges. China has evolved from a defender of development rights to a global leader. The primary policy instruments include target decomposition and assessment system, accounting and reporting system, and carbon emission trading scheme. Policy effectiveness varies spatially, temporally, and industrially, and brings non-climate spillover effects. Challenges faced by China include a lack of national law and policy diversity, tradeoffs between central and local governments, and inadequate public engagement. Policy implications include enacting a national law, optimizing the policy mix, balancing governmental tradeoffs, and enhancing public involvement.
ENVIRONMENTAL IMPACT ASSESSMENT REVIEW
(2023)
Article
Environmental Sciences
Gregory J. Miller, Gailin Pease, Wenbo Shi, Alan Jenn
Summary: High-quality data for greenhouse gas and air pollution emissions from electricity generation and consumption are essential for decarbonizing the electric grid and informing research in various academic disciplines. However, no published datasets to date have fulfilled all the necessary criteria. This study introduces a comprehensive dataset for the entire U.S. power sector, providing hourly-resolution data on generation, fuel consumption, and emissions. This dataset is part of the Open Grid Emissions Initiative, which aims to address open research questions and serve as a reliable source for future grid emissions studies.
ENVIRONMENTAL RESEARCH LETTERS
(2023)
Article
Green & Sustainable Science & Technology
Libin Feng, Zhengcheng Sun
Summary: Green finance is an innovative and efficient method to achieve China's carbon peak and neutrality goals. This study evaluates the carbon intensity reduction effects of the Green Finance Pilot Policy (GFPP) in China using the synthetic control method and city-level panel data from 2008 to 2019. The results show that GFPP significantly reduces carbon intensity in pilot cities in eastern China, but not in central and western cities like Nanchang and Guiyang. Mechanism analysis suggests that GFPP promotes carbon intensity reduction through financial agglomeration and green innovation. This study provides empirical evidence and policy assessment for green finance system construction in China.
Article
Environmental Sciences
Yuanmeng Li, Jieming Chou, Weixing Zhao, Yuan Xu, Yidan Hao, Haofeng Jin
Summary: This study develops a new method to judge a country's peak carbon status and categorizes the countries along the Belt and Road into four groups. The findings of this study are valuable in guiding policymaking and future research, and are of great significance in addressing climate change and promoting sustainable development.
FRONTIERS IN ENVIRONMENTAL SCIENCE
(2023)
Article
Green & Sustainable Science & Technology
Jianglong Li, Guanfei Meng, Chunli Li, Kerui Du
Summary: This paper compares the patterns of carbon intensity between China and Japan and highlights the effects of factors such as energy structure, sectoral structure, and capital-energy substitution on the carbon intensity gap between the two countries. The results show that these factors contribute to China's higher carbon intensity but have also narrowed the gap over the years. Additionally, the labor-energy substitution effect plays a positive role in reducing the carbon intensity gap, while technological progress plays a dominant role in widening the gap.
JOURNAL OF CLEANER PRODUCTION
(2022)
Article
Green & Sustainable Science & Technology
Lin Ni, Lei Li, Xin Zhang, Huwei Wen
Summary: Climate policy has significant impacts on foreign direct investment (FDI), reducing FDI quantity in Chinese cities while promoting FDI quality. The effects of climate policy on FDI vary between large and small cities, as well as between capital outflow and inflow cities. Furthermore, the impact of climate policy on FDI differs between innovative and non-innovative cities.
Article
Engineering, Environmental
Jianchi Tian, Mingxing Sun, Yuanchao Gong, Xuefeng Chen, Yan Sun
Summary: From a lifecycle perspective, consumption plays a major role in driving production and process emissions. Understanding Chinese residents' attitudes towards climate policies is of great significance in promoting these policies. Survey results showed high support for personal carbon tax and green energy policy among Chinese residents, primarily driven by climate change perception.
RESOURCES CONSERVATION AND RECYCLING
(2022)
Article
Energy & Fuels
P. Zhou, H. Zhang, L. P. Zhang
Summary: This study investigates the driving forces behind energy intensity changes in Chinese cities using production-theoretical decomposition analysis. The results suggest that technological change and capital-energy substitutions are the main factors contributing to the decrease in energy intensity, while technical efficiency has a moderate impact on the increase in energy intensity. Different cities show significant variations in energy intensity changes, with double and triple drivers prevalent. The study further categorizes cities based on differences in energy intensity and energy efficiency changes, revealing key measures to reduce energy intensity and potential misjudgment by policymakers regarding energy efficiency performance.
Article
Business, Finance
Maurice Dumrose, Andre Hoeck
Summary: Global efforts to mitigate climate change can create risks and opportunities for companies and investors. This study shows that companies' carbon-risk exposure and management significantly affect their credit-risk, and this relationship is moderated by the regulatory environment.
FINANCE RESEARCH LETTERS
(2023)
Article
Environmental Sciences
Michael Jakob, Hauke Ward, Jan Christoph Steckel
Summary: The question of how to allocate responsibility for greenhouse gas emissions between consumers and producers is controversial in international climate policy negotiations. The study proposes an 'Economic Benefit Shared Responsibility' (EBSR) scheme, attributing higher responsibility to China compared to Consumption-Based Accounting (CBA), and lower responsibility to the US and EU.
GLOBAL ENVIRONMENTAL CHANGE-HUMAN AND POLICY DIMENSIONS
(2021)
Article
Environmental Sciences
Marianna Rottoli, Alois Dirnaichner, Page Kyle, Lavinia Baumstark, Robert Pietzcker, Gunnar Luderer
Summary: The study coupled the integrated assessment model REMIND with the transport model EDGE-T to investigate the decarbonization potential in the transport sector. Preliminary results suggest that transport service demands in Europe will grow in the coming decades, while transport system emissions are expected to decrease due to a shift towards electric drivetrains, advanced vehicles, more efficient modes, and a slight increase in the share of biofuels.
ENVIRONMENTAL MODELING & ASSESSMENT
(2021)
Article
Environmental Sciences
Niccolo Manych, Jan Christoph Steckel, Michael Jakob
Summary: The study reveals that financial institutions from the United States, Europe, and Japan play a significant role in financing coal plants globally, especially in terms of loans, bonds, and equity investment. Compared to the commonly used territorial approach, a finance-based perspective shows that some countries account for a larger share of coal emissions.
ENVIRONMENTAL RESEARCH LETTERS
(2021)
Article
Environmental Sciences
Mathijs Harmsen, Elmar Kriegler, Detlef P. van Vuuren, Kaj-Ivar van der Wijst, Gunnar Luderer, Ryna Cui, Olivier Dessens, Laurent Drouet, Johannes Emmerling, Jennifer Faye Morris, Florian Fosse, Dimitris Fragkiadakis, Kostas Fragkiadakis, Panagiotis Fragkos, Oliver Fricko, Shinichiro Fujimori, David Gernaat, Celine Guivarch, Gokul Iyer, Panagiotis Karkatsoulis, Ilkka Keppo, Kimon Keramidas, Alexandre Koberle, Peter Kolp, Volker Krey, Christoph Kruger, Florian Leblanc, Shivika Mittal, Sergey Paltsev, Pedro Rochedo, Bas J. van Ruijven, Ronald D. Sands, Fuminori Sano, Jessica Strefler, Eveline Vasquez Arroyo, Kenichi Wada, Behnam Zakeri
Summary: Integrated assessment models are crucial for understanding climate mitigation strategies, and diagnostic indicators can help compare different models and increase transparency. By applying a set of well-defined indicators as a community standard, it is possible to systematically assess IAM behavior, identify key differences between models and versions, and link model behavior to characteristics and assumptions.
ENVIRONMENTAL RESEARCH LETTERS
(2021)
Article
Thermodynamics
Renato Rodrigues, Robert Pietzcker, Panagiotis Fragkos, James Price, Will McDowall, Pelopidas Siskos, Theofano Fotiou, Gunnar Luderer, Pantelis Capros
Summary: This study investigates the European carbon neutrality goals using advanced E3 models, finding that electrification of end use sectors combined with renewable energy expansion is important; Carbon Dioxide Removal plays a vital role in achieving net-neutral targets; hydrogen and synthetic fuels can be relevant mitigation options; energy efficiency helps reduce strain on the supply system.
Article
Environmental Sciences
Alois Dirnaichner, Marianna Rottoli, Romain Sacchi, Sebastian Rauner, Brian Cox, Christopher Mutel, Christian Bauer, Gunnar Luderer
Summary: For achieving CO2 emission reductions in the transport sector, alternative powertrains and liquid fuels based on renewable electricity are competing options. This study integrates a detailed transport system model into an assessment framework to evaluate different technological pathways of the European LDV fleet until 2050. The results show significant reductions in greenhouse gas emissions, but also indicate increased impacts in other categories.
ENVIRONMENTAL RESEARCH LETTERS
(2022)
Article
Energy & Fuels
Gunnar Luderer, Silvia Madeddu, Leon Merfort, Falko Ueckerdt, Michaja Pehl, Robert Pietzcker, Marianna Rottoli, Felix Schreyer, Nico Bauer, Lavinia Baumstark, Christoph Bertram, Alois Dirnaichner, Florian Humpenoder, Antoine Levesque, Alexander Popp, Renato Rodrigues, Jessica Strefler, Elmar Kriegler
Summary: The rapid cost degression in photovoltaics, wind-power, and battery storage, along with climate policies like carbon pricing to reach the Paris Climate targets, could make electricity cheaper than carbon-based fuels. This could lead to electricity accounting for nearly two-thirds of global energy use by mid-century, inducing a fundamental transformation in energy systems.
Article
Green & Sustainable Science & Technology
R. Sacchi, T. Terlouw, K. Siala, A. Dirnaichner, C. Bauer, B. Cox, C. Mutel, V. Daioglou, G. Luderer
Summary: Prospective Life Cycle Assessment (pLCA) is a useful method to evaluate the environmental performance in the future, but it requires integrating scenarios generated by Integrated Assessment Models (IAM) to simplify the generation of inventory databases. The study shows that the chosen climate change mitigation target affects the performance of nearly all activities.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2022)
Correction
Energy & Fuels
Gunnar Luderer, Silvia Madeddu, Leon Merfort, Falko Ueckerdt, Michaja Pehl, Robert Pietzcker, Marianna Rottoli, Felix Schreyer, Nico Bauer, Lavinia Baumstark, Christoph Bertram, Alois Dirnaichner, Florian Humpenoder, Antoine Levesque, Alexander Popp, Renato Rodrigues, Jessica Strefler, Elmar Kriegler
Editorial Material
Multidisciplinary Sciences
Jan C. Steckel, Michael Jakob
Article
Environmental Studies
Nils Ohlendorf, Michael Jakob, Jan Christoph Steckel
Summary: Political economy factors play a crucial role in explaining why some countries continue to expand their coal capacity. This study finds that regardless of political or economic systems, the ministry for energy, the head of state, and the ruling party are consistently the most important political actors, while utilities and mining companies have the most influence as economic actors. Economic growth, electricity system stability, and low electricity costs are key objectives for pro-coal actors.
ENERGY RESEARCH & SOCIAL SCIENCE
(2022)
Article
Economics
Nils Ohlendorf, Christian Flachsland, Gregory F. Nemet, Jan Christoph Steckel
Summary: Introducing a price floor in emissions trading schemes can stabilize expectations on future carbon prices and foster low-carbon investment. The level of the price floor is crucial, as a low price floor only provides insurance against downward price fluctuations, while a high price floor leads to increased investment by most firms, especially green firms, and partially abolishes investment in fossil energy.
Article
Energy & Fuels
Adrian Odenweller, Falko Ueckerdt, Gregory Nemet, Miha Jensterle, Gunnar Luderer
Summary: Green hydrogen is crucial for climate targets, but its supply faces short-term scarcity and long-term uncertainty. Investment is hindered, but emergency policy measures may expedite breakthrough and increase hydrogen availability.
Article
Energy & Fuels
Yacob Mulugetta, Youba Sokona, Philipp A. Trotter, Samuel Fankhauser, Jessica Omukuti, Lucas Somavilla Croxatto, Bjarne Steffen, Meron Tesfamichael, Edo Abraham, Jean-Paul Adam, Lawrence Agbemabiese, Churchill Agutu, Mekalia Paulos Aklilu, Olakunle Alao, Bothwell Batidzirai, Getachew Bekele, Anteneh G. Dagnachew, Ogunlade Davidson, Fatima Denton, E. Ogheneruona Diemuodeke, Florian Egli, Eshetu Gebrekidan Gebresilassie, Mulualem Gebreslassie, Mamadou Goundiam, Haruna Kachalla Gujba, Yohannes Hailu, Adam D. Hawkes, Stephanie Hirmer, Helen Hoka, Mark Howells, Abdulrasheed Isah, Daniel Kammen, Francis Kemausuor, Ismail Khennas, Wikus Kruger, Ifeoma Malo, Linus Mofor, Minette Nago, Destenie Nock, Chukwumerije Okereke, S. Nadia Ouedraogo, Benedict Probst, Maria Schmidt, Tobias S. Schmidt, Carlos Shenga, Mohamed Sokona, Jan Christoph Steckel, Sebastian Sterl, Bernard Tembo, Julia Tomei, Peter Twesigye, Jim Watson, Harald Winkler, Abdulmutalib Yussuff
Summary: Aligning development and climate goals in Africa requires country-specific approaches to energy system development, taking into account the unique starting points and uncertainties of each country. Policy, finance, and research recommendations are provided to identify suitable energy pathways for development and enable their implementation.
Article
Environmental Sciences
Lorenzo Montrone, Jan Christoph Steckel, Gregory Nemet
Summary: To tackle dangerous climate change, the global community has pledged to reduce coal usage at COP26 in Glasgow. However, current policies and commitments in the power sector are insufficient, prompting countries to increase their ambition within the UNFCCC process. Additionally, some countries are negotiating support packages to accelerate the phase-out of coal through 'Just Energy Transition Partnerships'. Understanding the current baseline is crucial in assessing these escalating efforts.
ENVIRONMENTAL RESEARCH LETTERS
(2023)
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.
