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Are we fracked? The impact of falling gas prices and the implications for coal-to-gas switching and carbon emissions

Christopher Knittel, Konstantinos Metaxoglou and Andre Trindade.

in Oxford Review of Economic Policy

January 2016; p ublished online April 2016 .

Journal Article. Subjects: Energy and Utilities; Energy Economics; Environmental Economics. 9607 words.

We discuss the environmental implications of the dramatic drop in the price of natural gas following the US shale gas boom due to the rise of modern hydraulic fracturing. In the first part...

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Bayesian Estimation and Selection of Nonlinear Vector Error Correction Models: The Case of the Sugar-Ethanol-Oil Nexus in Brazil

Kelvin Balcombe and George Rapsomanikis.

in American Journal of Agricultural Economics

August 2008; p ublished online August 2008 .

Journal Article. Subjects: Manufacturing; Energy Economics; Agricultural Economics. 7047 words.

Nonlinear adjustment toward long-run price equilibrium relationships in the sugar-ethanol-oil nexus in Brazil is examined. We develop generalized bivariate error correction models that...

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Clean energy and international oil

Marianne Haug.

in Oxford Review of Economic Policy

January 2011; p ublished online January 2011 .

Journal Article. Subjects: Agricultural, Environmental, and Natural Resource Economics; Taxation, Subsidies, and Revenue; Environmental Economics; Market Structure, Firm Strategy, and Market Performance; Technological Change; Research and Development; Welfare Economics; Renewable Resources and Conservation; Energy Economics; Economic History; Market Structure and Pricing; Non-renewable Resources and Conservation. 12012 words.

Oil has been the world's dominant fuel for more than 50 years. Substitution of oil for power generation and heating has progressed since the 1970s, but substitution of oil in transport...

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Corporate power and US economic and environmental policy, 1978–2008

Harland Prechel.

in Cambridge Journal of Regions, Economy and Society

November 2012; p ublished online March 2012 .

Journal Article. Subjects: Energy Economics; Energy and Utilities; Antitrust Issues and Policies; Firm Objectives, Organization, and Behaviour. 11004 words.

The analysis here critically evaluates the ‘new corporate environmentalism’ and elaborates a relational theory of the state to explain policy formation in the US electrical energy industry....

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Electricity in Europe: exiting fossil fuels?

Richard Green and Iain Staffell.

in Oxford Review of Economic Policy

January 2016; p ublished online April 2016 .

Journal Article. Subjects: Energy Economics; Energy and Utilities. 9798 words.

There are many options for generating electricity with low carbon emissions, and the electrification of heat and transport can decarbonize energy use across the economy. This places the...

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Electricity market integration and the impact of unilateral policy reforms

Luigi Grossi, Sven Heim, Kai Hüschelrath and Michael Waterson.

in Oxford Economic Papers

July 2018; p ublished online March 2018 .

Journal Article. Subjects: International Trade; Energy Economics; Energy and Utilities; Industry Studies. 9317 words.

Abstract

We investigate the impact that two German energy reforms—phase-out of nuclear power plants after the Fukushima incident and expansion of renewables...

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The energy sector in Scotland’s future

Gordon Hughes.

in Oxford Review of Economic Policy

January 2014; p ublished online August 2014 .

Journal Article. Subjects: Regulation and Industrial Policy; Primary Products; Energy Economics; Industry Studies; Regional Government Analysis. 9962 words.

The energy sector accounts for 15–20 per cent of Scottish GDP. It is highly capital-intensive and maintaining production, especially of oil and gas, will absorb a large share of business...

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Evaluating Policies to Increase Electricity Generation from Renewable Energy

Richard Schmalensee.

in Review of Environmental Economics and Policy

January 2012; p ublished online December 2011 .

Journal Article. Subjects: Environmental Economics; Energy and Utilities; Energy Economics; Industry Studies. 8905 words.

Building on a review of experience in the United States and the European Union, this article advances four main propositions concerning policies aimed at increasing electricity generation...

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The future of fossil fuels—is it the end?

Dieter Helm.

in Oxford Review of Economic Policy

January 2016; p ublished online April 2016 .

Journal Article. Subjects: Energy Economics; Industry Studies; Technological Change; Research and Development. 8106 words.

Contrary to the assumptions underlying many of current energy and climate policies, the prices of fossil fuels have fallen and may remain at the new ‘normal’ levels. In the medium term,...

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Government-driven knowledge networks as precursors to emerging sectors: a case of the hydrogen energy sector in Korea

Hyundo Choi, Sangook Park and Jeong-dong Lee.

in Industrial and Corporate Change

June 2011; p ublished online March 2011 .

Journal Article. Subjects: Technological Change; Research and Development; Energy Economics; Market Structure, Firm Strategy, and Market Performance. 11715 words.

The government-driven knowledge network of the hydrogen energy sector in Korea provides a good case study for an R&D network incorporating necessary building blocks; it can be regarded as a...

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Investment in Cellulosic Biofuel Refineries: Do Waivable Biofuel Mandates Matter?

Ruiqing Miao, David A. Hennessy and Bruce A. Babcock.

in American Journal of Agricultural Economics

April 2012; p ublished online February 2012 .

Journal Article. Subjects: Regulation and Industrial Policy; Production and Organizations; Energy Economics. 8574 words.

We develop a conceptual model to study the impact of mandate policies on stimulating investment in cellulosic biofuel refineries. In a two-period framework, we compare the first-period...

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Mitigating Volatile U.S. Gasoline Prices and Internalizing External Costs: A Win-Win Fuel Portfolio

Zibin Zhang, Luanne Lohr, Cesar L. Escalante and Michael E. Wetzstein.

in American Journal of Agricultural Economics

December 2008; p ublished online December 2008 .

Journal Article. Subjects: Primary Products; Energy Economics; Market Structure, Firm Strategy, and Market Performance. 3346 words.

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Natural Gas: An Overview of a Lower-Carbon Transformation Fuel

Anne Neumann and Christian von Hirschhausen.

in Review of Environmental Economics and Policy

January 2015; p ublished online January 2015 .

Journal Article. Subjects: Energy and Utilities; Energy Economics; Market Structure, Firm Strategy, and Market Performance. 8875 words.

This article provides an overview of the natural gas industry, which we view as a bridge fuel toward a lower-carbon energy system in many countries and regions around the world. Based on a...

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New Labour, energy policy and ‘competitive markets’

Ian Rutledge.

in Cambridge Journal of Economics

November 2007; p ublished online October 2007 .

Journal Article. Subjects: Energy and Utilities; Energy Economics; Industry Studies; Market Structure, Firm Strategy, and Market Performance. 13549 words.

By the end of New Labour's first term four central objectives of energy policy had become established: ‘cheap’ energy, the relief of fuel poverty, a major reduction of carbon dioxide...

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On Price Caps Under Uncertainty

Robert Earle, Karl Schmedders and Tymon Tatur.

in The Review of Economic Studies

January 2007; p ublished online January 2007 .

Journal Article. Subjects: Primary Products; Energy Economics; Market Structure, Firm Strategy, and Market Performance. 10647 words.

This paper shows how standard arguments supporting the imposition of price caps break down in the presence of demand uncertainty. In particular, though in the deterministic case the...

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Peak oil and energy policy—a critique

Dieter Helm.

in Oxford Review of Economic Policy

January 2011; p ublished online January 2011 .

Journal Article. Subjects: Environmental Economics; Energy Economics; Industry Studies; Non-renewable Resources and Conservation; Economic Development. 12502 words.

Energy policy has frequently been based upon assumptions about future oil prices. At the end of the 1970s it was assumed oil prices would continue to rise. Now a similar assumption pervades...

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Policy Monitor—Bonding Requirements for U.S. Natural Gas Producers

Lucas W. Davis.

in Review of Environmental Economics and Policy

January 2015; p ublished online January 2015 .

Journal Article. Subjects: Law and Economics; Environmental Economics; Primary Products; Energy Economics. 7466 words.

Natural gas producers are constantly making tradeoffs between money, time, and environmental risk. The private costs and benefits of drilling are realized immediately, but the external...

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Public policy, community ownership and clean energy

Robert Pollin.

in Cambridge Journal of Regions, Economy and Society

November 2012; p ublished online April 2012 .

Journal Article. Subjects: Energy Economics; Nonprofit Organizations and Public Enterprise; Development Planning and Policy; National Government Expenditures and Related Policies. 10682 words.

This paper considers policies for promoting productive investments in the USA, especially as regards the project of building a clean energy economy. The four main policies examined are (i)...

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Renewable Energy Policy Alternatives for the Future

Wallace E. Tyner and Farzad Taheripour.

in American Journal of Agricultural Economics

December 2007; p ublished online December 2007 .

Journal Article. Subjects: Primary Products; Energy Economics; Market Structure, Firm Strategy, and Market Performance. 3950 words.

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SOCIALISM FOR RED STATES IN THE ELECTRIC UTILITY INDUSTRY

Richard Schmalensee.

in Journal of Competition Law & Economics

September 2016; p ublished online October 2016 .

Journal Article. Subjects: Nonprofit Organizations and Public Enterprise; Energy and Utilities; Economic History; Energy Economics; Publicly Provided Goods. 7221 words.

The Tennessee Valley Authority (TVA) and the other federal electric utilities were created under Democratic administrations, and their service territories were initially bluer (that is,...