Carbon emissions and economic impacts of an EU embargo on Russian fossil fuels

Article Economics

The cost-benefit comparisons of China's and India's NDCs based on carbon marginal abatement cost curves

Hong-Dian Jiang et al.

Summary: Incorporating co-benefits of carbon abatement policies can offset costs and inspire greater and faster reductions in emissions in many cases.

ENERGY ECONOMICS (2022)

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Article Energy & Fuels

Pathways to Overcoming Natural Gas Dependency on Russia-The German Case

Christoph Halser et al.

Summary: The war in Ukraine has made German policy makers more aware of the negative economic impact that a reduction in natural gas flows from Russia could have. Germany, which heavily relies on imported natural gas, has implemented regulatory measures to mitigate potential gas shortages and seeks to diversify its imports by including liquefied natural gas (LNG). This study provides a comprehensive review of the natural gas crisis in Europe, focusing on the unique role of natural gas in Germany. It critically discusses the economic impact of an embargo and assesses demand and supply factors that could lessen a supply shortage.

ENERGIES (2022)

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Editorial Material Multidisciplinary Sciences

Fuel crisis: slash demand in three sectors to protect economies and climate

Felix Creutzig

NATURE (2022)

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Article Economics

How will natural gas market reforms affect carbon marginal abatement costs? Evidence from China

Hong-Dian Jiang et al.

Summary: The study highlights the distortions in China's natural gas market and the potential impact of deregulating prices on carbon abatement costs. Market monopoly liberalization or import restrictions have minimal effects on carbon abatement costs, but complete deregulation of market distortions could lead to a significant increase in China's carbon marginal abatement costs. The study also discusses policy implications for China's carbon trading policies based on different scenarios of natural gas market reform.

ECONOMIC SYSTEMS RESEARCH (2022)

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Article Economics

Combining economic recovery with climate change mitigation: A global evaluation of financial instruments

Li-Jing Liu et al.

Summary: The COVID-19 pandemic has slowed down regional economies globally in 2020, and a continued pandemic in 2021 will further disrupt economic activities. Reduction in indirect taxes is found to be the most effective stimulus to regional economies among government recovery policies, but it hinders low-carbon energy development and leads to increased emissions. A post-pandemic green recovery plan could focus on replacing indirect production taxes with greenhouse gas emission taxes for improved economic turnover and reduced environmental impact.

ECONOMIC ANALYSIS AND POLICY (2021)

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Article Economics