fossil energy Articles
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Spillover effects between fossil energy prices and non-energy commodity prices: further evidence from world spot markets
This paper examines the dynamic relationship between three fossil energy prices and 18 commodity prices in terms of their mean. The paper employs the methodology of long- and short-run causality approach as well as the methodology of the error correction model based on daily prices. The empirical findings provide strong evidence that all three fossil energy prices exert an impact on all types of ...
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Causal relationship between fossil fuel consumption and economic growth in the world
Fossil fuels are major sources of energy, and have several advantages over other primary energy sources. Without extensive dependence on fossil fuels, it is questionable whether our economic prosperity can continue. This paper analyses cointegration and causality between fossil fuel consumption and economic growth in the world over the period 1971 to 2008. The estimation results indicate that ...
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A global clean fossil scenario
In this article, a so-called Clean Fossil Scenario (CFS) [1], valid for the year 2050, based on a bottom-up demand analysis, is described. It is proposed to mitigate the rise of atmospheric CO2 concentrations by disposing of the CO2 in deep sea and in other reservoirs to limit its liberation to the air. The scenario is clean, because emissions to the environment are reduced drastically compared ...
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Integrated appraisal of renewable energy strategies: a CGE analysis
The preparation, implementation, coordination and verification of policy measures is a complex and difficult process. This paper presents the first results of an empirical ex-ante analysis which evaluates the effects of renewable energy policies on the Polish bioenergy sector applying an Applied General Equilibrium model. The empirical results suggest that the Polish bioenergy sector benefits ...
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Carbon utilization legislation introduced in the senate
On May 11, 2015, Senators Joe Manchin (D-WV) and Heidi Heitkamp (D-ND) introduced S. 1282 -- a bill to amend the Energy Policy Act of 2005 to require the Secretary of Energy to consider the objective of improving the conversion, use, and storage of carbon dioxide (CO2) produced from fossil fuels in carrying out research and development (R&D) programs under that Act. The bill represents a ...
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Renewable energy in Europe 2016 - Recent growth and knock-on effects
This report complements the findings shown in the "Trends and Projections in Europe 2015 - Tracking progress towards Europe's climate and energy targets" report with details about the 2013 renewable energy sources (RES) progress at EU and at country level, and for key RES technologies. Furthermore, it provides approximated estimates for RES development in 2014 and seeks to answer the following ...
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Modelling of CO
2content in the atmosphere until 2300: influence of energy intensity of gross domestic product and carbon intensity of energyThe study provides a model of CO2 content in the atmosphere based on the global carbon cycle and the Kaya identity. The influences of: 1) energy intensity of GDP; 2) carbon intensity of energy on CO2 trajectories are given under four scenarios. The results from the most optimistic and technologically challenging scenario show that the atmospheric CO2 concentration can stabilise at 610 ppmv. It is ...
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Combating global warming via non-fossil fuel energy options
Non-fossil fuel energy options can help reduce or eliminate the emissions of greenhouse gases and are needed to combat climate change. Three distinct ways in which non-fossil fuel options can be used in society are examined here: the capture/production of non-fossil fuel energy sources, their conversion into appropriate energy carriers and increased efficiency throughout the life cycle. ...
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Introduction. Sustainable development or sustained decay? The question facing the 'with or without nuclear energy' world
With the return of nuclear energy to the global energy arena, it is once more possible to speak of a sustainable development that guarantees the future of our planet, our children and our children's children. It is once more possible to promote the ambition and envisage the emergence of universal peace.Keywords: IAEA, Atoms for Peace, Mohamed El-Baradei, fossil energies, green lobbying, Kyoto ...
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The Deutsches EnergieRohstoff-Zentrum Freiberg: advanced prospects for applied organic petrology, focused on the generation of coal based chemical products
The Deutsches EnergieRohstoff-Zentrum Freiberg (DER) is a strategic partnership between government, science and industry to develop innovative concepts and technologies for the peak and post oil era. Researchers and practitioners collaborate to develop technical innovations to make the energy sources coal and biomass sustainable and future-oriented. The centre addresses the issues of energy ...
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Towards sustainable household energy use in the Netherlands
Households consume direct energy, using natural gas, heating oil, gasoline and electricity, and consume indirect energy, the energy related to the production of goods and the delivery of services for the households. Past trends and present-day household energy use (direct and indirect) are analysed and described. A comparison of these findings with objectives concerning ecological sustainability ...
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Hydrogen production technology for powering civil and industrial systems: a review
Partial use of alternative energy exemplified by hydrogen energy is expected to reduce negative impacts associated with the current dependence on fossil energy and bring net gain to regional and national economies. Hydrogen has emission levels that are far below the existing and possibly, future standards. Hydrogen energy may enhance energy security and perhaps allay concerns some concerns about ...
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Is energy–led economic growth causing climatic shift? A causal analysis for India
This paper examines the proposition that the climatic shift has been responsible for creating adverse effects on economic growth, and the authors have analysed this situation for India. They consider the number of oceanic storms in the Indian Ocean and the annual mean temperature of India for the 1971–2010 periods. Using vector error correction and causality analysis, they have tried to identify ...
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Economic impact of the valuation of life cycle CO2 emissions from renewable and fossil energy systems
We use a Life Cycle Analysis (LCA) methodology and the Hotelling rule [1,2] to calculate the economic value of CO2 emissions reductions attained through a substitution of renewable energy systems for conventional energy systems in isolated power generation applications. The CO2 abatement value calculated in this way is used to estimate savings in electricity cost associated with PV and Wind ...
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Renewable energy in chemical industry – the case of formic acid production
This paper analyses the economical viability of replacing fossil energy by renewable sources by taking CO2 emission legislation into account. A single chemical industry case, formic acid production, is studied in a tangible manner to provide a concrete example for industrial managers and legislators. The practical case was supported by examining scientific and other databases. This study ...
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The Deutsches EnergieRohstoff–Zentrum Freiberg: advanced prospects for applied organic petrology, focused on the generation of coal based chemical products
The Deutsches EnergieRohstoff–Zentrum Freiberg (DER) is a strategic partnership between government, science and industry to develop innovative concepts and technologies for the peak and post oil era. Researchers and practitioners collaborate to develop technical innovations to make the energy sources coal and biomass sustainable and future–oriented. The centre addresses the issues of energy ...
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Linkages among the US energy futures markets
This study investigates the price linkage among the US major energy sources, considering structural breaks in time series, to provide information for diversifying the US energy sources. We find that only a weak linkage sustains among crude oil, gasoline, heating oil, coal, natural gas, uranium and ethanol futures prices. This implies that the US major energy source markets are not integrated as ...
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Energy prices, eco-tax policies and competitiveness in the industrial sector
This paper analyses the determinants of energy prices in industry and their impacts on energy productivity in selected countries that have introduced environment-related taxes on fossil fuels. Energy prices are mainly determined by the developments on international resource markets and by the structure of energy production in the respective countries. Owing to concerns of international ...
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Synergistic energy conversion processes using nuclear energy and fossil fuels
This paper reviews the methods of producing energy carriers, such as electricity, hydrocarbons and hydrogen, by utilising both nuclear energy and fossil fuels synergistically. There are many possibilities for new, innovative, synergistic processes, which combine chemical and nuclear systems for efficient, clean and economical production of energy carriers. Besides the individual processes by each ...
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Prospects for nuclear power in the 21st century: a world tour
Objectives and content of the journal special issue on 'Prospects for nuclear energy in the 21st century' are introduced. It is concluded that the main reasons for considering nuclear power in the national energy portfolios include hedging against supply security risks and high fossil energy prices in most countries, complemented by climate change mitigation in developed countries and by local ...
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