The upheaval in global crude oil markets and the boom in oil production from shale plays in North America have brought scrutiny on the export ban for crude oil in the United States. This paper examines the global flows and strategic refinery adjustments in a spatial, game-theoretic partial-equilibrium model. We consider de- tailed supply chain infrastructure with multiple crude oil qualities (supply), ...
Natural gas as a source of energy has attracted a lot of interest as its emissions rate and price are lower than other fossil fuel energy sources. In the U.S., natural gas-fired power generation has been rising, as coal has declined as a share of the fuel mix. Likewise, Mexico recently launched its energy reform with focus on greatly expanding use of natural gas over other fossil fuels, primarily in ...
The project “Policies to finance energy efficiency” rigorously evaluates efficiency financing facilities using advanced econometric methods. The aim of the study is to, first, identify market failures that stifle the financing of energy efficiency, and, second, suggest policy interventions that may address these failures. Special attention is given to whether loans or subsidies are better suited...
The term „fuel poverty“ describes to what extent increasing energy costs lead to a new kind of indebtness and poverty of low income households. Up to now there is no sufficient measuring method to identify fuel poverty households in Germany. The present paper reviews a British approach regarding its adaptability on German data. The aim is to examine the potential of the “Low-Income-High-Costs” indicator ...
Climate policy consistent with the 2°C target needs to install mechanisms that leave most current coal reserves unburned. Demand-side policies have been argued to be prone to adverse carbon leakage and “green paradox” effects. A growing strain of literature argues in favor of supply-side policies in order to curb future coal consumption. Various concepts with analogies in other sectors are currently ...
