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| Srl | Item |
| 1 |
ID:
106239
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| Publication |
2011.
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| Summary/Abstract |
The paper investigates energy price co-movement over the period 01/1999-12/2005 for China as a whole, and over sub-periods and for seven regions, using panel unit root and panel cointegration tests developed by Pedroni (1999, 2004). The results suggest that not all energy sources are spatially homogenous in prices and the processes of energy price cointegration are different over sub-periods; over groups of fuels; and over regions. Coal and electricity prices have co-moved since 2003 while gasoline and diesel prices have co-moved since 1997. The results show that there are clearly variations in the emergence of energy price co-movement over regions, implying that regional fuel markets have emerged in China. Important lessons that can be learnt from the results are that an energy market has, to some extent, already emerged in China and, as a result, energy prices are substantially less distorted than before. If correct, these findings have significant global implications both in terms of future emission reductions, emission trading and trade negotiations where China should be treated as a 'market driven economy'.
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| 2 |
ID:
132682
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2014.
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| Summary/Abstract |
Coal-fired power plants in China have emitted multiple pollutants including sulfur dioxide, nitrogen oxides and fine particulates, contributing to serious environmental impairments and human health issues. To meet ambient air quality standards, the installation of effective pollution control technologies are required and consequently, the cost of installing or retrofitting control technologies is an important economic and political concern. A multi-pollutant control cost model, CoST CE, is developed to calculate the cost of multi-pollutant control strategies in the Yangtze River Delta region (YRD) of China, adopting an LP algorithm to optimize the sorting of control technology costs and quickly obtain a solution. The output shows that total costs will increase along with emission abatement. Meanwhile, the slope becomes steeper as greater emission reductions are pursued, due to the need to install highly effective, but expensive, technologies like SCR and FF. Moreover, it is evident that the cost curve shapes, maximum abatement potential and total cost for the three provinces in the YRD region are quite different due to differences in power plant type and technologies, current emission levels and existing pollution controls. The results from this study can aid policy makers to develop cost-effective control strategies for the power sector.
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| 3 |
ID:
135487
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| Summary/Abstract |
However, India maintains a substantial economic presence in the GCC and will continue to hold a significant political presence in the future. The new geo-economic realities also provide the platform to synergize complementarities into multi-pronged stable relations. Moreover, the relationship between India and the GCC has been in focus in the evolving interdependence on energy economy dynamics in the aftermath of the September 2001 attacks. The ‘Look East’ strategy of the GCC provides an impetus for India to closer relations.
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