Energy price reform to mitigate transportation carbon emissions in oil-rich economies

<p dir="ltr">This study examines the impact of domestic fuel prices, population, and economic activity on transport CO2 emissions, employing Saudi Arabia as a case study. The research uncovers statistically significant long-term associations between these variables. Despite transport...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Sa’d A. Shannak (19198036) (author)
مؤلفون آخرون: Jeyhun I. Mikayilov (19198039) (author), Rubal Dua (1293303) (author)
منشور في: 2024
الموضوعات:
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author Sa’d A. Shannak (19198036)
author2 Jeyhun I. Mikayilov (19198039)
Rubal Dua (1293303)
author2_role author
author
author_facet Sa’d A. Shannak (19198036)
Jeyhun I. Mikayilov (19198039)
Rubal Dua (1293303)
author_role author
dc.creator.none.fl_str_mv Sa’d A. Shannak (19198036)
Jeyhun I. Mikayilov (19198039)
Rubal Dua (1293303)
dc.date.none.fl_str_mv 2024-03-28T12:00:00Z
dc.identifier.none.fl_str_mv 10.1007/s10018-024-00400-9
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Energy_price_reform_to_mitigate_transportation_carbon_emissions_in_oil-rich_economies/26355085
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Economics
Applied economics
Environmental sciences
Pollution and contamination
CO2 emissions
Climate change
Transportation Cointegration and equilibrium correction models
Forecasting
Saudi Arabia
dc.title.none.fl_str_mv Energy price reform to mitigate transportation carbon emissions in oil-rich economies
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">This study examines the impact of domestic fuel prices, population, and economic activity on transport CO2 emissions, employing Saudi Arabia as a case study. The research uncovers statistically significant long-term associations between these variables. Despite transport CO2 emissions demonstrating slight responsiveness to fuel price alterations, with estimated elasticity values between – 0.1 and – 0.15, the study affirms the relevance and timeliness of the Saudi government's strategy to curtail fuel incentives. Projections for a 2030 scenario, encompassing heightened economic activity aspirations and further escalations in domestic fuel prices to mirror true market costs, revealed a 1.8 percent annual reduction in transport CO2 emissions from 2021 to 2030 compared to a scenario with unchanging fuel prices. The insights from this study bear significance not only for Saudi Arabia but also for other oil-rich nations striving to pave the way toward a sustainable transportation future.</p><h2>Other Information</h2><p dir="ltr">Published in: Environmental Economics and Policy Studies<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10018-024-00400-9" target="_blank">https://dx.doi.org/10.1007/s10018-024-00400-9</a></p>
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id Manara2_577a1abdb2077bafaa6c64c68da7b8b7
identifier_str_mv 10.1007/s10018-024-00400-9
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/26355085
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spelling Energy price reform to mitigate transportation carbon emissions in oil-rich economiesSa’d A. Shannak (19198036)Jeyhun I. Mikayilov (19198039)Rubal Dua (1293303)EconomicsApplied economicsEnvironmental sciencesPollution and contaminationCO2 emissionsClimate changeTransportation Cointegration and equilibrium correction modelsForecastingSaudi Arabia<p dir="ltr">This study examines the impact of domestic fuel prices, population, and economic activity on transport CO2 emissions, employing Saudi Arabia as a case study. The research uncovers statistically significant long-term associations between these variables. Despite transport CO2 emissions demonstrating slight responsiveness to fuel price alterations, with estimated elasticity values between – 0.1 and – 0.15, the study affirms the relevance and timeliness of the Saudi government's strategy to curtail fuel incentives. Projections for a 2030 scenario, encompassing heightened economic activity aspirations and further escalations in domestic fuel prices to mirror true market costs, revealed a 1.8 percent annual reduction in transport CO2 emissions from 2021 to 2030 compared to a scenario with unchanging fuel prices. The insights from this study bear significance not only for Saudi Arabia but also for other oil-rich nations striving to pave the way toward a sustainable transportation future.</p><h2>Other Information</h2><p dir="ltr">Published in: Environmental Economics and Policy Studies<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10018-024-00400-9" target="_blank">https://dx.doi.org/10.1007/s10018-024-00400-9</a></p>2024-03-28T12:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s10018-024-00400-9https://figshare.com/articles/journal_contribution/Energy_price_reform_to_mitigate_transportation_carbon_emissions_in_oil-rich_economies/26355085CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/263550852024-03-28T12:00:00Z
spellingShingle Energy price reform to mitigate transportation carbon emissions in oil-rich economies
Sa’d A. Shannak (19198036)
Economics
Applied economics
Environmental sciences
Pollution and contamination
CO2 emissions
Climate change
Transportation Cointegration and equilibrium correction models
Forecasting
Saudi Arabia
status_str publishedVersion
title Energy price reform to mitigate transportation carbon emissions in oil-rich economies
title_full Energy price reform to mitigate transportation carbon emissions in oil-rich economies
title_fullStr Energy price reform to mitigate transportation carbon emissions in oil-rich economies
title_full_unstemmed Energy price reform to mitigate transportation carbon emissions in oil-rich economies
title_short Energy price reform to mitigate transportation carbon emissions in oil-rich economies
title_sort Energy price reform to mitigate transportation carbon emissions in oil-rich economies
topic Economics
Applied economics
Environmental sciences
Pollution and contamination
CO2 emissions
Climate change
Transportation Cointegration and equilibrium correction models
Forecasting
Saudi Arabia