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Jeffrey H. Grobman and Janis M. Carey, “The Effect of Policy Uncertainty on Wind-Power Investment.” This paper investigates the manner in which po...
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Jeffrey H. Grobman and Janis M. Carey, “The Effect of Policy Uncertainty on Wind-Power Investment.” This paper investigates the manner in which policy uncertainty, relating to the enactment or repeal of production tax credits, impacts investment in wind power in the United States.
Donna Green and Kirk R. Smith, “The Implications of Graduation: Why Developing Countries Will Never Produce More Greenhouse Gases Than Developed Countries.” It is commonly stated that developing countries will be producing more greenhouse gas emissions than developed nations. This is unlikely to be true, however, because China and perhaps other currently developing countries will probably graduate to developed country status before then, taking their emissions with them. The authors investigate the distinction between “developed” and “developing” country classifications and other implications of the lack of an objective measure of graduation from one category to the other in the context of the United Nations Framework Convention on Climate Change.
Hisham Jameel Bardesi, Stephen Davies, and Terutomo Ozawa, “Transnational Corporations-Cum-Host Collaborative Growth: Structural Transformation in Saudi Arabia.” Saudi Arabia’s rapid industrialization represents a success story of collaborative growth achieved between the host government and foreign transnational corporations. To examine the growth of the Saudi economy, a stages-analytic approach is presented in this paper along with an econometric model.
Sergio Galina-Hidalgo, Daniel Romo, and Alfonso Pérez, “The Role of the Mexican Energy Sector in the North American Market.” Since the early 1990s, the Mexican energy sector has been undergoing a structural change process characterized by two major strategies: (1) deregulation and privatization of some energy-sector activities and (2) restructuring the national oil company Petróleos Mexicanos (Pemex), and the two public electricity utilities Comisión Federal de Electricidad and Compañía de Luz y Fuerza. This article discusses these changes and the challenges Mexico faces due to a lack of investments in power-generation projects and increasing imports of natural gas and oil products.
Barry Poulson, J. P. Giovanni, and Tapan Munroe, “The National Economic Benefits Associated with a Moderate Four-Emission Approach to Power Plant Regulations.” In this study the authors survey the current regulatory framework for pollution abatement in the electric-power industry and alternative proposals to reform those regulations.
Majid A. Al-Moneef, “The Role of Oil and Gas in the Saudi Economy: The Interaction Between Economic Development and Oil and Gas Strategies.” This paper addresses the role of hydrocarbons in the Saudi Arabian economy, how energy affects development strategies, and the national oil company (Saudi Aramco).
Michael C. Lynch, “Causes of Oil Price Volatility.” Increased oil price volatility has spurred efforts to improve data collection as a means of reducing uncertainty. This paper describes the time lags and the amount of uncertainty in major data series (inventories, consumption, production) for the world’s primary regions.
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