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This study analyzes the price linkage among the U.S. major energy sources, considering structural breaks in time series. We use the Johansen cointegration method and find that only weak linkage sustains among the NYMEX WTI crude oil, Brent crude oil, gasoline, heating oil, coal, natural gas, uranium, and ethanol futures prices. Our tests reveal...

This paper examines CO2 emissions embodied in Japan-China trade. Besides directly quantifying the flow of CO2 emissions between the two countries by using a traditional input-output (IO) model, this study also estimates the effect of bilateral trade to CO2 emissions by scenario analysis. The time series of quantifications indicate that CO2...

Key Messages • The wastewater sector—particularly wastewater-biogas-energy (WBE) system—presents an opportunity to reduce GHG emissions and tap into renewable energy. In Thailand, several WBE projects have been introduced through the Clean Development Mechanism (CDM) as well as by “unilateral” investments from the private sector in order to treat...