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Special Issue "Energy Economics and Policy in Developed Countries"

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "Energy Economics and Policy".

Deadline for manuscript submissions: 30 September 2019

Special Issue Editor

Guest Editor
Prof. Dr. Almas Heshmati

Professor of Economics, Jönköping International Business School (JIBS),Jönköping University, Room B5017,P.O. Box 1026, SE-551 11 Jönköping, Sweden
Website | E-Mail
Interests: applied microeconomics, globalization, development strategy, efficiency, productivity and growth with application to manufacturing and services

Special Issue Information

Dear Colleagues,

Energy use per capita and as share of GDP in developed countries is high. The high rate is attributed to the rapid economic development and welfare that rely heavily on energy-intensive technologies and, in particular, on relatively low-price and easily accessible fossil fuels. Total energy consumption is continuously increasing, and the primary source of electricity generation is increasingly based on renewable and non-fossil fuels. Production and consumption are also increasingly oriented towards the use of more efficient and energy-saving technologies. The global, national, and local environmental degradation and its strong effect on health have promoted the development of institutional capacity, technologies, environmental policies, regulations, and incentive programs to reduce energy use and its negative health and environmental impacts. Efforts are made to change production and consumption patterns through various command-and-control polices, yet their effects are small, and the coordination of costly environmental activities to avert a radical climate change is difficult to achieve. The combined crisis of poverty and environmental degradation is aggravated by an increased gap between north and south and a lack of will and coordination to allocate sufficient investment resources to sustainable development. The world is facing environmental degradation, poverty, inequality, climate change, migration, and frequent natural disasters.

This Special Issue invites high-quality research papers covering a wide range of topics related to energy policy, economics, and politics in developed countries. The articles are expected to inform on how to encourage the development of sustainable, green economies and facilitate financing, technology development, transfer, and applications to mitigate the climate change.

Prof. Dr. Almas Heshmati
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • energy policy
  • renewable energy
  • sustainable economic development
  • green economy
  • energy saving
  • environmental regulations
  • technology-based
  • incentive programs
  • climate change mitigation

Published Papers (1 paper)

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Research

Open AccessArticle
The Effects of Environmental Regulations on the Manufacturing Industry’s Performance: A Comparison of Green and Non-Green Sectors in Korea
Energies 2019, 12(12), 2296; https://doi.org/10.3390/en12122296
Received: 11 May 2019 / Revised: 12 June 2019 / Accepted: 12 June 2019 / Published: 16 June 2019
PDF Full-text (644 KB) | HTML Full-text | XML Full-text
Abstract
This study examines the effects of strengthened environmental regulations on employment and labor productivity in the Korean manufacturing industry using panel data from 2004 to 2015. It divides the industry into environmental (green and non-green) and carbon dioxide emitting (polluting and non-polluting) sectors [...] Read more.
This study examines the effects of strengthened environmental regulations on employment and labor productivity in the Korean manufacturing industry using panel data from 2004 to 2015. It divides the industry into environmental (green and non-green) and carbon dioxide emitting (polluting and non-polluting) sectors to investigate the industrial sector’s response heterogeneity to tightened regulations. We draw several conclusions on the basis of our empirical results. Firstly, environmental policies measured by enacting the LCGG (Low-carbon green growth) Act led to negative effects on labor productivity and employment in polluting industries. These negative effects show that the polluting industries take a higher cost burden because of the environmental policies as compared to the less-polluting industries; this finding is in line with previous studies in literature. Secondly, the green sector is experiencing higher labor productivity and employment as compared to the non-green sector after the tightened environmental regulations. Thirdly, the regulation-related negative effects anticipated in polluting industries are off-set if a firm is also included in the green sector which produces environment-related products. Hence, this result suggests that in terms of labor productivity and employment, it is possible that the manufacturing industry enables the achievement of sustainable development targets. While regulations negatively affect the performance of non-green firms by increasing the costs of highly contaminated ones, in the case of the green sector the regulations promote labor productivity and employment. This shows that a firm in the green sector which has high carbon dioxide emissions can adapt faster than its counterparts in a non-environmental sector in the polluting industry to the constraints imposed by strengthened environmental regulations. These empirical results imply that there will be labor reallocation from non-green to green sectors. Full article
(This article belongs to the Special Issue Energy Economics and Policy in Developed Countries)
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Planned Papers

The below list represents only planned manuscripts. Some of these manuscripts have not been received by the Editorial Office yet. Papers submitted to MDPI journals are subject to peer-review.

Type: Article
Title: The Paradoxes and Prospects for Contemporary Australian Electricity Provisioning and Future Energy  Security
Author: Lynne Chester
Affiliation: The University of Sydney, Department of Political Economy; [email protected]
Abstract: Electricity sectors around the world have been radically transformed over the past 30 years or so. The Australian electricity sector, the cornerstone of the nation’s energy policy, was acclaimed by the International Energy Agency as a role model with the virtual adoption—since the mid-1990s—of Joskow’s (2006) textbook restructuring model. This article examines the outcomes of the Australian electricity sector’s restructuring against the proclaimed objectives. A number of paradoxes are found such as energy unaffordability, market concentration, wholesale price volatility driven by market participant gaming behaviour, a centralised grid embedded around aged fossil fuel generation plants, and a rapid uptake of renewable energy sources for electricity generation. These paradoxes, it is concluded, have been driven by policy inconsistencies and conflicts, and pose significant challenges to the future provisioning of Australian electricity and thus the nation’s energy security.
Keywords: Australia; electricity; energy affordability; energy policy; energy security; fossil fuels; market mechanisms; regulation; renewable energy

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