Dynamics of Connectedness in Clean Energy Stocks
This paper examines the dynamics of connectedness among the realized volatility indices of 16 clean energy stocks belonging to the SPGCE and the implied volatility indices of two important stock markets—the S&P 500 and the STOXX50—and two commodities markets—the crude oil and gold markets. The empirical results show a unidirectional connectedness from the implied volatility indices to the clean energy stocks. Our analysis further reveals similar volatility connectedness behaviors among companies in the same energy production subsector.
The persistence of energy poverty: A dynamic probit analysis
This paper contributes to the growing literature on energy poverty in developing countries. We use a dynamic probit estimator on three rounds of panel data from urban Ethiopia to estimate a model of the probability of being energy poor and to investigate the persistence of energy poverty. We also study the impact of energy price in!ation,which Ethiopia experienced during 2007–2009, on energy use and energy poverty.We"nd strong evidence of state dependence in energy poverty. A household that is energy poor in one round is up to 16% more likely to be energy poor in the subsequent round.
The importance of incorporating intertemporal and spatial log market dynamics in projections of residue-based biomass supply for liquid biofuel production in western Oregon and Washington, USA
New methods of fiber pre-processing and cellulosic fermentation may allow production of isoparaffinic kerosene, a bio-based jet fuel, from abundant post-logging biomass residues in western Oregon and Washington, USA. Since production of these residues is characterized by complex spatial patterns that can shift markedly over time, and since residues may comprise roughly one-fifth of annual refinery operating costs, careful evaluation of residue supply (quantity/price) behavior is warranted.
Government officials trained on Environmental Valuation
Over 40 trainees including representatives from Uganda line Ministries, Departments and Agencies including the Ministry of Lands and Housing, the Ministry of Water and Environment, the National Forest…
Environmental Impacts and Policy Responses to Covid-19: A View from Latin America
COVID-19 is currently having major short run effects with possible serious long run implications for the environment and the management of natural resources in Latin America. We discuss the possible effects of the pandemic on air pollution, deforestation and other relevant environmental dimensions across the region. With contributions from environmental economists from eight countries, we give an overview of the initial and expected environmental effects of this health crisis.
The influence of energy policy on charcoal consumption in urban households in Tanzania
The sustainability of energy use in the residential sector has relevance for global initiatives to achieve sustainable development and limit climate change.
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