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ID: 099315

Eliciting public preference for nuclear energy against the back / Liao, Shu-Yi; Tseng, Wei-Chun; Chen, Chi-Chung

Liao, Shu-Yi	Journal Article
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2010.

Summary/Abstract

One of the most important issues related to sustainability is to reduce the use of fossil fuels due to the reduction in greenhouse gases (GHG) emission. Nuclear power results in low carbon emissions and is thus important to mitigating the adverse effects of global warming and climate change. However, the downside of nuclear power cannot be overlooked, and consequently nuclear power is a controversial issue in many countries around the world. Thus an important question concerns how people should support nuclear power. Do the climate and energy security benefits of nuclear power outweigh its risks and costs? Therefore, we use a modified double-bounded contingent valuation model to explore the attitudes and the willingness to pay (WTP) of a country in order to demonstrate its implications for policy. We confirm that supporters and opponents of nuclear power are balanced both in terms of their numbers and in terms of their WTP. The policy implication is that people do not support any dramatic increase or reduction in nuclear power, and that nuclear power should still be an important means of generating electricity in Taiwan. The current share of nuclear power in electricity generation of 20% should be maintained in the near future.

Key Words

Nuclear Energy ; Climate Change ; Contingent Valuation Method

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ID: 112307

Energy consumption and economic growth—new evidence from meta analysis / Chen, Ping-Yu; Chen, Sheng-Tung; Chen, Chi-Chung

Chen, Sheng-Tung	Journal Article
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Publication

2012.

Summary/Abstract

The causal relationships between energy consumption and economic growth have given rise to much discussion but remain controversial. Alternative data sets based on different time spans, countries, energy policies and econometric approaches result in diverse outcomes. A meta analysis using a multinomial logit model with 174 samples governing the relationships between GDP and energy consumption is applied here to investigate the major factors that affect these controversial outcomes. The empirical results have demonstrated how the time spans, subject selections including GDP and energy consumption, econometric models, and tools for greenhouse gases emission reduction characteristics significantly affect these controversial outcomes.

Key Words

GDP ; Energy Consumption ; Multinomial Logit Model

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