The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability.
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The Future of Carbon-free Energy Technologies
Edited by Valentina Bosetti and Michela Catenacci
Innovation under Uncertainty presents original research and insights on innovation in carbon-free energy technologies. Valentina Bosetti and Michela Catenacci provide a complete and informative assessment of the current potentials and limits and offer a detailed analysis of what could, or should, be the drivers to support their success and large-scale diffusion. The results provided in this book offer important and concrete insights and recommendations concerning the development and the deployment of more efficient generation technologies, the demand for which will undoubtedly increase alongside the growing concern for environmental issues and global warming.
Law and Policy of the European Gas Market explores the law and politics of the EU gas market and in particular, the regulatory and competitive choices of institutions and bodies operating on the market, with a view to achieving a higher level of market integration. The book firstly addresses the latest stage in the EU gas market regulatory reform, while critically interpreting the preliminary effects of this reform. Secondly, it provides a comprehensive analysis of the topic due to the fact that it draws both on legislative and political science approaches. Monica Waloszyk concentrates on the latest legal developments on the EU gas market, while taking into consideration the geopolitical environment surrounding and fuelling such developments. Her insightful conclusions contribute to the discussion of the reassessment of the concurrent application of competition law and regulation in the EU gas market.
Edited by Mark A. Cohen, Don Fullerton and Robert H. Topel
Governments around the globe have begun to implement various actions to limit carbon emissions and so, combat climate change. This book brings together some of the leading scholars in environmental and climate economics to examine the distributional consequences of policies that are designed to reduce these carbon emissions.
Trends, Investment Behaviour and Policy Design
Edited by Raymond J.G.M. Florax, Henri L.F. de Groot and Peter Mulder
This innovative book explores the adoption of energy-saving technologies and their impact on energy efficiency improvements. It contains a mix of theoretical and empirical contributions, and combines and compares economic and physical indicators to monitor and analyse trends in energy efficiency.
David Lewis Feldman
This significant collection examines the diverse ways natural resources are managed and controlled and the controversies that arise regarding their use, allocation, and protection resulting from governance decisions and policies. Professor Feldman has selected seminal works which focus on several key issues, including the role of common property resources in questions of trans-boundary resource management, the diverse ways societies and interest groups accord value to resources and their use, and how resources are catalysts for both international conflict and cooperation.
Edited by Ibon Galarraga, Mikel González-Eguino and Anil Markandya
Major contemporary issues and debates relating to the sustainable use of energy are addressed in this far-reaching Handbook. The contributing authors discuss the ongoing debates about sustainability and energy use, energy economics, renewable energy, efficiency and climate policy.
Scenarios and Policy Implications
Edited by Anil Markandya, Andrea Bigano and Roberto Porchia
This book reports and rationalizes the state-of-the-art concerning the social costs of electricity generation. Social costs are assessed by adding to the private generation costs, the external costs associated with damages to human health, the environment, crops, materials, and those related to the consequences of climate change. The authors consider the evolution of these costs up to 2030 for major electricity generating technologies and, using these estimates, evaluate policy options for external cost internalization, providing quantitative scenarios by country and primary fuel for 2010, 2020 and 2030. While mainly focusing on European countries, the book also examines the situation in key emerging economies such as China, India, Brazil and Turkey.
Lessons for Policy, Industry and Science
Edited by Martin Junginger, Wilfried van Sark and André Faaij
Technological learning is a key driver behind the improvement of energy technologies and subsequent reduction of production costs. Understanding how and why production costs for energy technologies decline, and whether they will continue to do so in the future, is of crucial importance for policy makers, industrial stakeholders and scientists alike. This timely and informative book therefore provides a comprehensive review of technological development and cost reductions for renewable energy, clean fossil fuel and energy-efficient demand-side technologies.