Shale gas potential in China - a production forcast for the Wufeng Longmaxi formation and implications for future development
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Key Points
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Key Points
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The household heating energy transition program in China has led to a sharp increase in household heating costs and has exacerbated energy poverty (high ratios of energy expenditure to income). This program is mandatory, with the goal of alleviating environmental problems and accelerating households’ transition to cleaner fuel. Specifically, it is intended to convert household heating fuel from coal to natural gas (coal to gas), electricity (coal to electricity), or cleaner coal (clean coal replacement), through mandates and subsidies.
As an industry intensively using fossil fuel, the power sector is naturally a focus of efforts to slow climate change. In March 2015, China started the third round of power sector reform with the announcement of “Opinions on Further Deepening Power Sector Reform” (referred as the No. 9 Document), trying to promote competition, strengthen regulation and, importantly, achieve green development. But did the reform really achieve its expected goals?
Energy prices (for fuel and electricity) and energy price volatility impact wine prices. In the long run, we find a clear link between fuel and wine prices, implying that the two markets positively influence each other to the extent that a change in fuel prices influences wine prices. In the short run, we find that past volatility from wine prices as well as shocks from other markets, i.e., fuel and electricity, influence the current wine prices.
Abstract
Over a billion people lack access to electricity, instead relying on kerosene and other dirty lighting sources, while grid expansion is not expected to keep pace with population growth. Moreover, pneumonia is the leading cause of death for under-fives in the world and kerosene smoke is a significant risk factor.
Energy has been called the “golden thread” that connects economic growth, social equity and environmental sustainability, but important knowledge gaps exist on the impacts of low- and middle-income country energy interventions and transitions. This study offers perhaps the broadest characterization to date of the patterns and consistency in quantitative and peer-reviewed social science literature considering such impacts.
Despite the great strides by the government of Tanzania in bolstering access to electricity in rural areas under its Rural Energy Agency (REA), rural connection rates have remained low. A substantial fraction of households residing “under the grid” remains unconnected despite the considerable state subsidy of this program. This study investigates the reasons for low uptake of seemingly highly subsidized, productive and modern energy. Using both bivariate and multivariate logit, we find that the distance between the household and the nearest electric pole matters.
Renewable energy sources such as solar are an alternative to provide clean lighting for many rural households in developing countries. However, transition to these lighting sources has been slow.