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Coal
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ISBN: 9781509514014 9781509514045 9781509514007 Year: 2019 Publisher: Cambridge Polity

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"We use coal because it is cheap: cheap to scrape from the ground, cheap to move in ships and trains, and cheap to burn. Why has it remained the default energy source for much of the world despite the obvious environmental costs? Mark Thurber delves into the politics of energy versus the environment around the world to explore this unique resource"--


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The global coal market : supplying the major fuel for emerging economies
Authors: ---
ISBN: 1316383059 1316359050 1316360253 1316359654 1316384853 1316360857 1316136051 9781316384855 1107092426 1107465745 1316379450 9781316136058 9781316360255 9781107465749 9781316359655 9781107092426 9781316360859 9781107465749 Year: 2015 Publisher: Cambridge : Cambridge University Press,

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Coal has been the world's fastest-growing energy source in absolute terms for over a decade. Coal also emits more CO2 than any other fossil fuel and contributes to serious air pollution problems in many regions of the world. If we hope to satisfy the demand for affordable energy in emerging economies while protecting the environment, we need to develop a keen understanding of the market that supplies coal. This book offers an in-depth analysis of the key producers and consumers that will most influence coal production, transport, and use in the future. By exploring how countries such as China, India, Indonesia, Australia and South Africa have developed their respective coal industries - and how these industries link together through the international coal trade - experts shed light on how the global coal market may evolve, and the economic and environmental implications. This book is the most comprehensive treatment of these topics to date and will appeal to a wide readership, including scholars and practitioners working on energy economics and policy.


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Oil and governance : state-owned enterprises and the world energy supply
Authors: --- ---
ISBN: 9781139206358 1139206354 9781139204774 1139204777 9780511784057 0511784058 1139203371 9781139203371 9781107004429 110700442X 9781139203371 9781107438965 1107227097 9781107227095 1107386691 9781107386693 1280484519 9781280484513 9786613579492 6613579491 1139205560 9781139205566 1139201956 9781139201957 1107438969 Year: 2012 Publisher: Cambridge : Cambridge University Press,

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Abstract

National Oil Companies (NOCs) play an important role in the world economy. They produce most of the world's oil and bankroll governments across the globe. Although NOCs superficially resemble private-sector companies, they often behave in very different ways. Oil and Governance explains the variation in performance and strategy for NOCs and provides fresh insights into the future of the oil industry as well as the politics of the oil-rich countries where NOCs dominate. It comprises fifteen case studies, each following a common research design, of NOCs based in the Middle East, Africa, Asia, Latin America and Europe. The book also includes cross-cutting pieces on the industrial structure of the oil industry and the politics and administration of NOCs. This book is the largest and most systematic analysis of NOCs to date and is suitable for audiences from industry and academia, as well as policy makers.


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An Experimental Comparison of Carbon Pricing Under Uncertainty in Electricity Markets
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Year: 2020 Publisher: Cambridge, Mass. National Bureau of Economic Research

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We report on an economic experiment that compares outcomes in electricity markets subject to carbon-tax and cap-and-trade policies. Under conditions of uncertainty, price-based and quantity-based policy instruments cannot be truly equivalent, so we compared three matched carbon-tax/cap-and-trade pairs with equivalent emissions targets, mean emissions, and mean carbon prices, respectively. Across these matched pairs, the cap-and-trade mechanism produced much higher wholesale electricity prices (38.5% to 52.6% higher) and lower total electricity production (2.5% to 4.0% lower) than the "equivalent" carbon tax, without any lower carbon emissions. Market participants who forecast a lower price of carbon in the cap-and-trade games ran their units more than those who forecast a higher price of carbon, which caused emissions from the dirtiest generating units (Coal and Gas Peakers) to be significantly higher (15.2% to 33.0%) than in the carbon tax games. These merit order "mistakes" in the cap-and-trade games suggest an important advantage of the carbon tax as policy: namely, that the cost of carbon can treated by firms as a known input to production.

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