IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v264y2023ics0360544222031668.html
   My bibliography  Save this article

Can third-party market cooperation solve the dilemma of emissions reduction? A case study of energy investment project conflict analysis in the context of carbon neutrality

Author

Listed:
  • Peng, Benhong
  • Zhao, Yinyin
  • Elahi, Ehsan
  • Wan, Anxia

Abstract

The conflict mechanism of transnational energy investment projects is complex. The current study uses the enhanced graphic model for conflict resolution to build a four-pole game model to discuss the conflict resolution mechanism of energy investment projects. The results depicted that the host country's dilemma of carbon emission reduction and power supply cannot be solved only by unilateral efforts. All parties adopt the game's best strategy (cooperation, cooperation, promotion, support). The project's main investor provides energy that meets the environmental protection requirements. Technology investor provides new technologies for energy conservation and emission reduction. Enterprises of the host country improve various basic measures for carbon emission reduction. Environmental protection organizations and the public support the project and participate in carbon emission supervision. The implementation of energy emission reduction requires the effective participation of social groups, and the participation and supervision of environmental protection organizations and the public are conducive to promoting various stakeholders to achieve a balanced strategy for energy emission reduction. The results provide valuable policy implications for investment decision-makers and an important reference value for third-party market cooperation to solve the dilemma of energy emission reduction.

Suggested Citation

  • Peng, Benhong & Zhao, Yinyin & Elahi, Ehsan & Wan, Anxia, 2023. "Can third-party market cooperation solve the dilemma of emissions reduction? A case study of energy investment project conflict analysis in the context of carbon neutrality," Energy, Elsevier, vol. 264(C).
  • Handle: RePEc:eee:energy:v:264:y:2023:i:c:s0360544222031668
    DOI: 10.1016/j.energy.2022.126280
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544222031668
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2022.126280?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. Wenke Wang & Xiaoqiong You & Kebei Liu & Yenchun Jim Wu & Daming You, 2020. "Implementation of a Multi-Agent Carbon Emission Reduction Strategy under the Chinese Dual Governance System: An Evolutionary Game Theoretical Approach," IJERPH, MDPI, vol. 17(22), pages 1-21, November.
    2. Hammond, G.P. & Akwe, S.S. Ondo & Williams, S., 2011. "Techno-economic appraisal of fossil-fuelled power generation systems with carbon dioxide capture and storage," Energy, Elsevier, vol. 36(2), pages 975-984.
    3. Zongxing, Li & Qi, Feng & Zongjie, Li & Xufeng, Wang & Juan, Gui & Baijuan, Zhang & Yuchen, Li & Xiaohong, Deng & Jian, Xue & Wende, Gao & Anle, Yang & Fusen, Nan & Pengfei, Liang, 2021. "Reversing conflict between humans and the environment - The experience in the Qilian Mountains," Renewable and Sustainable Energy Reviews, Elsevier, vol. 148(C).
    4. Li, Jinying & Li, Sisi, 2020. "Energy investment, economic growth and carbon emissions in China—Empirical analysis based on spatial Durbin model," Energy Policy, Elsevier, vol. 140(C).
    5. Drew Shindell & Greg Faluvegi & Karl Seltzer & Cary Shindell, 2018. "Quantified, localized health benefits of accelerated carbon dioxide emissions reductions," Nature Climate Change, Nature, vol. 8(4), pages 291-295, April.
    6. Akimoto, Keigo & Sano, Fuminori & Oda, Junichiro, 2022. "Impacts of ride and car-sharing associated with fully autonomous cars on global energy consumptions and carbon dioxide emissions," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    7. Dehghan Shabani, Zahra & Shahnazi, Rouhollah, 2019. "Energy consumption, carbon dioxide emissions, information and communications technology, and gross domestic product in Iranian economic sectors: A panel causality analysis," Energy, Elsevier, vol. 169(C), pages 1064-1078.
    8. Wang, Zhaohua & Danish, & Zhang, Bin & Wang, Bo, 2018. "The moderating role of corruption between economic growth and CO2 emissions: Evidence from BRICS economies," Energy, Elsevier, vol. 148(C), pages 506-513.
    9. Anis Omri & Fateh Belaïd, 2021. "Does renewable energy modulate the negative effect of environmental issues on the socio-economic welfare?," Post-Print hal-03271499, HAL.
    10. Peng, Benhong & Zhao, Yinyin & Elahi, Ehsan & Wan, Anxia, 2022. "Pathway and key factor identification of third-party market cooperation of China's overseas energy investment projects," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    11. Keith W. Hipel & Liping Fang & D. Marc Kilgour, 2020. "The Graph Model for Conflict Resolution: Reflections on Three Decades of Development," Group Decision and Negotiation, Springer, vol. 29(1), pages 11-60, February.
    12. Elahi, Ehsan & Zhang, Zhixin & Khalid, Zainab & Xu, Haiyun, 2022. "Application of an artificial neural network to optimise energy inputs: An energy- and cost-saving strategy for commercial poultry farms," Energy, Elsevier, vol. 244(PB).
    13. Chen, Qixin & Kang, Chongqing & Xia, Qing & Guan, Dabo, 2011. "Preliminary exploration on low-carbon technology roadmap of China’s power sector," Energy, Elsevier, vol. 36(3), pages 1500-1512.
    14. Sharif, Arshian & Raza, Syed Ali & Ozturk, Ilhan & Afshan, Sahar, 2019. "The dynamic relationship of renewable and nonrenewable energy consumption with carbon emission: A global study with the application of heterogeneous panel estimations," Renewable Energy, Elsevier, vol. 133(C), pages 685-691.
    15. K W Li & D M Kilgour & K W Hipel, 2005. "Status quo analysis in the graph model for conflict resolution," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(6), pages 699-707, June.
    16. Elahi, Ehsan & Khalid, Zainab & Tauni, Muhammad Zubair & Zhang, Hongxia & Lirong, Xing, 2022. "Extreme weather events risk to crop-production and the adaptation of innovative management strategies to mitigate the risk: A retrospective survey of rural Punjab, Pakistan," Technovation, Elsevier, vol. 117(C).
    17. Liu, Ximei & Zeng, Ming, 2017. "Renewable energy investment risk evaluation model based on system dynamics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 782-788.
    18. Wu, Yunna & Wang, Jing & Ji, Shaoyu & Song, Zixin, 2020. "Renewable energy investment risk assessment for nations along China’s Belt & Road Initiative: An ANP-cloud model method," Energy, Elsevier, vol. 190(C).
    19. Wu, Jing & Chang, I-Shin & Yilihamu, Qimanguli & Zhou, Yu, 2017. "Study on the practice of public participation in environmental impact assessment by environmental non-governmental organizations in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 186-200.
    20. Hernández-Cedeño, Isaac & Nelson, Pamela F. & Anglés-Hernández, Marisol, 2021. "Social and environmental conflict analysis on energy projects: Bayesian predictive network approach," Energy Policy, Elsevier, vol. 157(C).
    21. Zhang, Guoxing & Deng, Nana & Mou, Haizhen & Zhang, Zhe George & Chen, Xiaofeng, 2019. "The impact of the policy and behavior of public participation on environmental governance performance: Empirical analysis based on provincial panel data in China," Energy Policy, Elsevier, vol. 129(C), pages 1347-1354.
    22. Dominik Kryzia & Michał Kopacz & Katarzyna Kryzia, 2020. "The Valuation of the Operational Flexibility of the Energy Investment Project Based on a Gas-Fired Power Plant," Energies, MDPI, vol. 13(7), pages 1-16, March.
    23. Wang, Qiang & Li, Shuyu & Zhang, Min & Li, Rongrong, 2022. "Impact of COVID-19 pandemic on oil consumption in the United States: A new estimation approach," Energy, Elsevier, vol. 239(PC).
    24. Kynčlová, Petra & Upadhyaya, Shyam & Nice, Thomas, 2020. "Composite index as a measure on achieving Sustainable Development Goal 9 (SDG-9) industry-related targets: The SDG-9 index," Applied Energy, Elsevier, vol. 265(C).
    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. Wang, Kai-Hua & Zhao, Yan-Xin & Su, Yun Hsuan & Lobonţ, Oana-Ramona, 2023. "Energy security and CO2 emissions: New evidence from time-varying and quantile-varying aspects," Energy, Elsevier, vol. 273(C).

    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. Sultan Salem & Noman Arshed & Ahsan Anwar & Mubasher Iqbal & Nyla Sattar, 2021. "Renewable Energy Consumption and Carbon Emissions—Testing Nonlinearity for Highly Carbon Emitting Countries," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
    2. Yan Zhao & Ehsan Elahi & Zainab Khalid & Xuegang Sun & Fang Sun, 2023. "Environmental, Social and Governance Performance: Analysis of CEO Power and Corporate Risk," Sustainability, MDPI, vol. 15(2), pages 1-18, January.
    3. Wenxiang Peng & Yutao Lei & Xuan Zhang, 2023. "Analysis of China’s High-Carbon Manufacturing Industry’s Carbon Emissions in the Digital Process," Sustainability, MDPI, vol. 15(20), pages 1-35, October.
    4. Cheng Jin & Asif Razzaq & Faiza Saleem & Avik Sinha, 2022. "Asymmetric effects of eco-innovation and human capital development in realizing environmental sustainability in China: evidence from quantile ARDL framework," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 4947-4970, December.
    5. Ilbahar, Esra & Kahraman, Cengiz & Cebi, Selcuk, 2022. "Risk assessment of renewable energy investments: A modified failure mode and effect analysis based on prospect theory and intuitionistic fuzzy AHP," Energy, Elsevier, vol. 239(PA).
    6. Shahnazi, Rouhollah & Alimohammadlou, Moslem, 2022. "Investigating risks in renewable energy in oil-producing countries through multi-criteria decision-making methods based on interval type-2 fuzzy sets: A case study of Iran," Renewable Energy, Elsevier, vol. 191(C), pages 1009-1027.
    7. Xiuli Cui & Ehsan Elahi & Zainab Khalid & Bo Xu, 2022. "Environmental Regulation, Manufacturing Technological Progress and Pollution Emissions: Empirical Evidence from China," Sustainability, MDPI, vol. 14(23), pages 1-19, December.
    8. Zhang, Wenwen & Chiu, Yi-Bin, 2020. "Do country risks influence carbon dioxide emissions? A non-linear perspective," Energy, Elsevier, vol. 206(C).
    9. Wei Wang & Ehsan Elahi & Shiying Sun & Xiaoqing Tong & Zhaosen Zhang & Mohammad Ilyas Abro, 2023. "Factors Influencing Water Use Efficiency in Agriculture: A Case Study of Shaanxi, China," Sustainability, MDPI, vol. 15(3), pages 1-14, January.
    10. Huang, Youxing & Yang, Yu, 2023. "Determinants of Chinese energy OFDI location decisions and entry failure risk: The roles of public diplomacy endeavors and firm investment strategies," Energy, Elsevier, vol. 267(C).
    11. Jiaqi Li & Ehsan Elahi & Peng Cheng & Aimin Wu & Fengtong Cao & Wang Jian & Mohammad Ilyas Abro & Zainab Khalid, 2023. "The Opening of High-Speed Railway and Coordinated Development of the Core–Periphery Urban Economy in China," Sustainability, MDPI, vol. 15(5), pages 1-15, March.
    12. Zhou, Pengfei & Luo, Jie & Cheng, Fei & Yüksel, Serhat & Dinçer, Hasan, 2021. "Analysis of risk priorities for renewable energy investment projects using a hybrid IT2 hesitant fuzzy decision-making approach with alpha cuts," Energy, Elsevier, vol. 224(C).
    13. Lei Fan & Yunyun Zhang & Meilin Jin & Qiang Ma & Jing Zhao, 2022. "Does New Digital Infrastructure Promote the Transformation of the Energy Structure? The Perspective of China’s Energy Industry Chain," Energies, MDPI, vol. 15(23), pages 1-18, November.
    14. Xiaolong Gao & Changfei Li & Ehsan Elahi & Mohammad Ilyas Abro & Zhaocai Cui, 2023. "Technological Innovation, Product Quality and Upgrading of Manufacturing Value Chain: Empirical Evidence from China," Sustainability, MDPI, vol. 15(9), pages 1-19, April.
    15. Su, Min & Wang, Qiang & Li, Rongrong & Wang, Lili, 2022. "Per capita renewable energy consumption in 116 countries: The effects of urbanization, industrialization, GDP, aging, and trade openness," Energy, Elsevier, vol. 254(PB).
    16. Huang, Jianbai & Liu, Jia & Zhang, Hongwei & Guo, Yaoqi, 2020. "Sustainable risk analysis of China's overseas investment in iron ore," Resources Policy, Elsevier, vol. 68(C).
    17. Huang, Yongming & Haseeb, Mohammad & Usman, Muhammad & Ozturk, Ilhan, 2022. "Dynamic association between ICT, renewable energy, economic complexity and ecological footprint: Is there any difference between E-7 (developing) and G-7 (developed) countries?," Technology in Society, Elsevier, vol. 68(C).
    18. Pablo Ponce & Cristiana Oliveira & Viviana Álvarez & María de la Cruz del Río-Rama, 2020. "The Liberalization of the Internal Energy Market in the European Union: Evidence of Its Influence on Reducing Environmental Pollution," Energies, MDPI, vol. 13(22), pages 1-17, November.
    19. Wu, Yunna & Zhang, Ting, 2021. "Risk assessment of offshore wave-wind-solar-compressed air energy storage power plant through fuzzy comprehensive evaluation model," Energy, Elsevier, vol. 223(C).
    20. Abdul Rehman & Hengyun Ma & Magdalena Radulescu & Crenguta Ileana Sinisi & Loredana Maria Paunescu & MD Shabbir Alam & Rafael Alvarado, 2021. "The Energy Mix Dilemma and Environmental Sustainability: Interaction among Greenhouse Gas Emissions, Nuclear Energy, Urban Agglomeration, and Economic Growth," Energies, MDPI, vol. 14(22), pages 1-21, November.

    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:energy:v:264:y:2023:i:c:s0360544222031668. 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.journals.elsevier.com/energy .

    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.