Counterfactual shock in energy commodities affects stock market dynamics : Evidence from the United States

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Compare the out-of-sample performance of mean-variance optimization relative to equally weighted or naîve 1/N portfolio

Masteroppgave i finansiering og investering - Nord universitet 202

COVID-19 pandemic and economic policy uncertainty regimes affect commodity market volatility

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How COVID‐19 pandemic may hamper sustainable economic development

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Trade volume affects bitcoin energy consumption and carbon footprint

The environmental sustainability of bitcoin is making waves in the empirical literature, yet, no study has thus far examined the financial determinants of bitcoin energy consumption and carbon footprint. Here, we use novel estimation methods comprising dynamic ARDL simulations and general-to-specific VAR to examine steady-state effects, cumulative impulse-response, and counterfactual shocks of bitcoin trade volume on bitcoin energy bitcoin carbon footprint to ensure genuine causal inferences. We observed an increase in bitcoin trade volume spur both carbon and energy footprint by 24% in the long-run, whereas a dynamic shock in trade volume escalates bitcoin energy and carbon footprint by 46.54%

Advancing COP26 climate goals : Leveraging energy innovation, governance readiness, and socio-economic factors for enhanced climate resilience and sustainability

Climate change adaptation and mitigation remain critical to achieving sustainable development while reducing climate vulnerability, particularly among climate-exposed and sensitive regions. Yet, achieving a balance between climate-resilience pathways, high economic productivity, high human development, and energy efficiency appears complex, leading to potential trade-offs. Here, we examine the overarching effect of the diversified energy portfolio, socio-economic drivers, and governance adaptation readiness on Climate change vulnerability across 212 economies. Contrary to the poor conventional panel techniques reported in the existing literature, we employ novel machine learning and dynamic panel estimation techniques that control for chaos, nonlinearity, mutual coupling, and heterogeneity in dynamic systems. The convergent cross-mapping causality technique reveals mutual coupling effects between energy portfolio, governance readiness, socio-economic drivers, and climate change vulnerability. The rapidly increasing population and increasing demand for resources under the business-as-usual society and economic structure that normalizes unsustainable development pathways due to weak governance structures create ineffective climate-resilient policies that lead to unabated emissions with consequences on climate change. The effect of social and governance readiness leads the transformation process to attain sustainable development. Thus, high social and governance readiness spurs climate resilience through climate change adaptation and mitigation to achieve sustainable development. Alternative (renewables) and nuclear energy have displacement effects on fossil fuels, yet, the magnitude of displacement is not large enough to replace future fossil fuel consumption. Conversely, a low-carbon future is still attainable by replacing the fossil energy portfolio with more natural gas and carbon-abatement technologies. Our study demonstrates that energy innovations are useful climate-resilience pathways that lessen climate change vulnerability.© 2023 The Authors. Published by Elsevier Ltd. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).fi=vertaisarvioitu|en=peerReviewed

COVID-19 pandemic improves market signals of cryptocurrencies–evidence from Bitcoin, Bitcoin Cash, Ethereum, and Litecoin

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Global adaptation readiness and income mitigate sectoral climate change vulnerabilities

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Assessment of Bitcoin carbon footprint

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How COVID‐19 pandemic may hamper sustainable economic development

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