IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v91y2016icp273-286.html
   My bibliography  Save this article

Financial impacts of UK's energy and climate change policies on commercial and industrial businesses

Author

Listed:
  • Ang, Chye Peng
  • Toper, Bruce
  • Gambhir, Ajay

Abstract

This study provides a detailed case study assessment of two business sites in the UK, to understand the policy drivers of increases to their energy costs and energy bills, considering all current UK energy and climate change policies. We compare our findings to more generalised, theoretical calculations of the policy cost impact on energy costs and bills – we have found no other studies as comprehensive as ours in terms of policy coverage.

Suggested Citation

  • Ang, Chye Peng & Toper, Bruce & Gambhir, Ajay, 2016. "Financial impacts of UK's energy and climate change policies on commercial and industrial businesses," Energy Policy, Elsevier, vol. 91(C), pages 273-286.
  • Handle: RePEc:eee:enepol:v:91:y:2016:i:c:p:273-286
    DOI: 10.1016/j.enpol.2015.12.015
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421515302287
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.enpol.2015.12.015?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robert Schmidt & Roland Strausz, 2015. "On the Timing of Climate Agreements," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(3), pages 521-547, November.
    2. Ciscar, Juan-Carlos & Feyen, Luc & Soria, Antonio & Lavalle, Carlo & Raes, Frank & Perry, Miles & Nemry, Françoise & Demirel, Hande & Rozsai, Máté & Dosio, Alessandro & Donatelli, Marcello & Srivastav, 2014. "Climate Impacts in Europe - The JRC PESETA II Project," MPRA Paper 55725, University Library of Munich, Germany.
    3. Nemec-Boehm, Rebecca L. & Cash, Sean B. & Anderson, Bruce T. & Ahmed, Selena & Griffin, Timothy S. & Orians, Colin M. & Robbat, Albert Jr. & Stepp, Richard A. & Han, Wenyan, 2014. "Climate change, the monsoon, and tea yields in China," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170486, Agricultural and Applied Economics Association.
    4. Oikonomou, Vlasis & Patel, Martin & Worrell, Ernst, 2006. "Climate policy: Bucket or drainer?," Energy Policy, Elsevier, vol. 34(18), pages 3656-3668, December.
    5. Fisher, A. C & Le, P. V, 2014. "Climate Policy: Science, Economics, and Extremes," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt6tj3j4jb, Department of Agricultural & Resource Economics, UC Berkeley.
    6. Cheng, Shikun & Li, Zifu & Mang, Heinz-Peter & Huba, Elisabeth-Maria, 2013. "A review of prefabricated biogas digesters in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 28(C), pages 738-748.
    7. Anthony C. Fisher & Phu V. Le, 2014. "Climate Policy: Science, Economics, and Extremes," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 8(2), pages 307-327.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alice Lépissier & Matto Mildenberger, 2021. "Unilateral climate policies can substantially reduce national carbon pollution," Climatic Change, Springer, vol. 166(3), pages 1-21, June.
    2. Yılmaz Balaman, Şebnem & Wright, Daniel G. & Scott, James & Matopoulos, Aristides, 2018. "Network design and technology management for waste to energy production: An integrated optimization framework under the principles of circular economy," Energy, Elsevier, vol. 143(C), pages 911-933.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yousefi-Sahzabi, Amin & Unlu-Yucesoy, Eda & Sasaki, Kyuro & Yuosefi, Hossein & Widiatmojo, Arif & Sugai, Yuichi, 2017. "Turkish challenges for low-carbon society: Current status, government policies and social acceptance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 596-608.
    2. Giwa, Adewale & Adeyemi, Idowu & Dindi, Abdallah & Lopez, Celia García-Baños & Lopresto, Catia Giovanna & Curcio, Stefano & Chakraborty, Sudip, 2018. "Techno-economic assessment of the sustainability of an integrated biorefinery from microalgae and Jatropha: A review and case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 88(C), pages 239-257.
    3. Dutton, Edward & Bakhiet, Salaheldin Farah & Ziada, Khaled Elsayed & Essa, Yossry Ahmed Sayed & Blahmar, Tahani Abdulrahman Muhammed, 2017. "A Negative Flynn Effect in Khartoum, the Sudanese capital," Intelligence, Elsevier, vol. 63(C), pages 51-55.
    4. Hassler, J. & Krusell, P. & Smith, A.A., 2016. "Environmental Macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 1893-2008, Elsevier.
    5. Armon Rezai & Frederick Van der Ploeg, 2016. "Intergenerational Inequality Aversion, Growth, and the Role of Damages: Occam's Rule for the Global Carbon Tax," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 493-522.
    6. Rick Van der Ploeg & Armon Rezai, 2015. "Intergenerational Inequality Aversion, Growth and the Role of Damages: Occam's rule for the global tax," Economics Series Working Papers OxCarre Research Paper 15, University of Oxford, Department of Economics.
    7. Armon Rezai & Frederick Van der Ploeg, 2016. "Intergenerational Inequality Aversion, Growth, and the Role of Damages: Occam's Rule for the Global Carbon Tax," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(2), pages 493-522.
    8. Stram, Bruce Nels, 2014. "A new strategic plan for a carbon tax," Energy Policy, Elsevier, vol. 73(C), pages 519-523.
    9. Theodoros Chatzivasileiadis & Ignasi Cortes Arbues & Daniel Lincke & Jochen Hinkel & Theodoros Chatzivasileiadis & Richard S.J. Tol, "undated". "Actualised and future changes in regional economic growth through sea level rise," Working Paper Series 0324, Department of Economics, University of Sussex Business School.
    10. Aliyu, Abubakar Sadiq & Dada, Joseph O. & Adam, Ibrahim Khalil, 2015. "Current status and future prospects of renewable energy in Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 336-346.
    11. Thomas Jobert & Fatih Karanfil & Anna Tykhonenko, 2012. "Trade and Environment: Further Empirical Evidence from Heterogeneous Panels Using Aggregate Data," GREDEG Working Papers 2012-15, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    12. Pezzey, John C.V. & Mazouz, Salim & Jotzo, Frank, 2010. "The logic of collective action and Australia’s climate policy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 54(2), pages 1-18.
    13. Zheng, Lei & Cheng, Shikun & Han, Yanzhao & Wang, Min & Xiang, Yue & Guo, Jiali & Cai, Di & Mang, Heinz-Peter & Dong, Taili & Li, Zifu & Yan, Zhengxu & Men, Yu, 2020. "Bio-natural gas industry in China: Current status and development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 128(C).
    14. ZhongXiang Zhang, 2015. "Crossing the river by feeling the stones: the case of carbon trading in China," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 17(2), pages 263-297, April.
    15. Meléndez-Jiménez, Miguel A. & Polanski, Arnold, 2020. "Dirty neighbors — Pollution in an interlinked world," Energy Economics, Elsevier, vol. 86(C).
    16. Zoi Vrontisi & Ioannis Charalampidis & Ulrike Lehr & Mark Meyer & Leonidas Paroussos & Christian Lutz & Yen E. Lam-González & Anastasia Arabadzhyan & Matías M. González & Carmelo J. León, 2022. "Macroeconomic impacts of climate change on the Blue Economy sectors of southern European islands," Climatic Change, Springer, vol. 170(3), pages 1-21, February.
    17. Bård Harstad, 2016. "The Dynamics of Climate Agreements," Journal of the European Economic Association, European Economic Association, vol. 14(3), pages 719-752.
    18. Pichler, Paul & Sorger, Gerhard, 2018. "Delegating climate policy to a supranational authority: a theoretical assessment," European Economic Review, Elsevier, vol. 101(C), pages 418-440.
    19. Monjon, Stéphanie & Quirion, Philippe, 2011. "Addressing leakage in the EU ETS: Border adjustment or output-based allocation?," Ecological Economics, Elsevier, vol. 70(11), pages 1957-1971, September.
    20. Antoine Mandel & Timothy Tiggeloven & Daniel Lincke & Elco Koks & Philip Ward & Jochen Hinkel, 2021. "Risks on global financial stability induced by climate change: the case of flood risks," Climatic Change, Springer, vol. 166(1), pages 1-24, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:91:y:2016:i:c:p:273-286. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.