Energy issues feature frequently in the economic and financial press. Specific examples of topical energy issues come from around the globe and often concern economics and finance. The importance of energy production, consumption and trade raises fundamental economic issues that impact the global economy and financial markets. This volume presents research on energy economics and financial markets related to the themes of supply and demand, environmental impact and renewables, energy derivatives trading, and finance and energy. The contributions by experts in their fields take a global perspective, as well as presenting cases from various countries and continents.

This volume presents research on energy economics and financial markets related to the themes of supply and demand, environmental impact and renewables, energy derivatives trading, and finance and energy.

New feature

Energy issues feature frequently in the economic and financial press. Specific examples of topical energy issues come from around the globe and often concern economics and finance. The importance of energy production, consumption and trade raises fundamental economic issues that impact the global economy and financial markets. This volume presents research on energy economics and financial markets related to the themes of supply and demand, environmental impact and renewables, energy derivatives trading, and finance and energy. The contributions by experts in their fields take a global perspective, as well as presenting cases from various countries and continents.

1. Introduction: Energy Economics and Financial Markets Part I. Supply and Demand 2. Energy Security in Asia: The Case of Natural Gas 3. Buyer Credit Pricing for Natural Gas Exports Using Country Risk Ratings 4. The Drivers of Energy Consumption in Developing Countries Part II. Environmental Issues and Renewables 5. Renewable Energy Production Capacity and Consumption, Economic Growth and Global Warming 6. Economics Instruments for Pollution Abatement: Tradable Permits Versus Carbon Taxes 7. Emissions Trading and Stock Returns: Evidence from the European Steel and Combustion Industries Part III. The Dynamics of Energy Derivatives Trading 8. Energy Derivatives Market Dynamics 9. The Dynamics of Crude Oil Spot and Futures Markets 10. Natural Gas Market Liberalization: An Examination Part IV. Finance and Energy 11. Adding Oil to a Portfolio of Stocks and Bonds? 12. Imperfection of Electricity Networks 13. Initial Public Offerings of Energy Compaines