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  • 851.
    Zhao, Xu
    et al.
    China University of Petroleum, Changping, Beijing, China.
    Dahl, Carol
    Mineral and Energy Economics Program, Colorado School of Mines, Golden, CO, United States.
    Luo, Dongkun
    China University of Petroleum, Changping, Beijing, China.
    How OECD countries subsidize oil and natural gas producers and modeling the consequences: A review2019In: Renewable & sustainable energy reviews, ISSN 1364-0321, E-ISSN 1879-0690, Vol. 104, p. 111-126Article in journal (Refereed)
    Abstract [en]

    Since fossil fuel subsidies entail significant economic, fiscal, social and environmental costs, more and more attention is being paid to phasing out fossil fuel subsidies. The OECD has recently completed a report quantifying the amount of both producer and consumer subsidies for their member countries, and some work has been implemented on analyzing the effects of consumer subsidy removal. However, there is hardly any investigation of the consequences of producer subsidies. In this paper, we focus on oil and gas producer subsidies of OECD countries and their effects. First, we describe the transfer mechanisms indicated by the OECD report for producer subsidies. In order to recommend models to analyze the influence of removing producer subsidies, we review upstream oil and gas models and provide a taxonomy for them. From them we recommend the most appropriate models for each type of producer subsidy to model upstream decision making. Our contribution in this paper is to categorize the upstream models we have found, compare their main features, as well as recommending best in class models for analyzing the effects of each type of upstream producer subsidy.

  • 852.
    Zhao, Xu
    et al.
    School of Business Administration, China University of Petroleum-Beijing, Changping, Beijing, China.
    Luo, Dongkun
    School of Business Administration, China University of Petroleum-Beijing, Changping, Beijing, China.
    Lu, Kun
    China-Russia Cooperation Department, CNPC, Dongcheng, Beijing, China.
    Wang, Xiaoyu
    Postal Savings Bank of China, Chaoyang, Beijing, China.
    Dahl, Carol
    Mineral and Energy Economics Program, Colorado School of Mines, Golden, CO, USA.
    How the removal of producer subsidies influences oil and gas extraction: A case study in the Gulf of Mexico2019In: Energy, ISSN 0360-5442, E-ISSN 1873-6785, Vol. 166, p. 1000-1012Article in journal (Refereed)
    Abstract [en]

    Since producer subsides can entail significant economic, fiscal, social and environmental costs, governments have been increasingly interested in removing them. Although many studies have been done on reducing consumer subsidies, subsidies to fossil fuel production are rarely discussed by scholars. This paper seeks to fill this void by developing an economic optimization model for oil and gas extraction to analyze the effects of producer subsidy removal. We forecast field-specific costs for exploration, development and production through constructing functions for the number of wells drilled and producing wells, production and economic limits. Various scenarios of phasing out producer subsidies in U.S. federal and state regulation on optimal production using field data from the Gulf of Mexicoare simulated, including removing royalty relief, amortization of geological and geophysical costs, and percentage depletion. The results show that removal of producer subsidies reduces the optimal production rate and investors' net present value and increases government revenue, but the total effect is a cost of net social benefits. Changes in both the discount rate and oil price have positive effects on optimal production, but they exert opposite effects on producer benefits. Our research is helpful for policy-makers to regulate an efficient subsidy removal path.

  • 853.
    Örtqvist, Daniel
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.
    Ejdemo, Thomas
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Hur mår besöksnäringen i Norrbotten?2017Report (Other (popular science, discussion, etc.))
  • 854.
    Örtqvist, Daniel
    et al.
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Business Administration and Industrial Engineering.
    Ejdemo, Thomas
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Strategiska insatsområden: Testnäring i Norrbotten2018Report (Other (popular science, discussion, etc.))
  • 855.
    Söderholm, Patrik (Editor)
    Luleå University of Technology, Department of Business Administration, Technology and Social Sciences, Social Sciences.
    Hållbara hushåll: miljöpolitik och ekologisk hållbarhet i vardagen : slutrapport till Naturvårdsverket från forskningsprogrammet SHARP2008Report (Other (popular science, discussion, etc.))
    Abstract [sv]

    Rapporten sammanfattar de viktigaste resultaten och lärdomarna från forskningsprogrammet "Hållbara huhsåll" (SHARP).

15161718 851 - 855 of 855
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