Skip navigation
Skip navigation

Switching towards coal or renewable energy? The effects of financial capital on energy transitions

Best, Rohan


Does a country's stock of financial capital affect its ability to achieve energy transitions? This paper uses data for up to 137 countries for the period 1998–2013 to investigate the importance of financial capital for changes in the use of each energy type. I find that financial capital supports transition to more capital-intensive energy types. For high-income countries, financial capital facilitates transitions from fossil fuels to modern renewable energy sources, especially wind. Both...[Show more]

CollectionsANU Research Publications
Date published: 2017
Type: Journal article
Source: Energy Economics
DOI: 10.1016/j.eneco.2017.01.019
Access Rights: Open Access
Open Access


File Description SizeFormat Image
01_Best_Switching_Towards_2017.pdf657.19 kBAdobe PDFThumbnail

Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.

Updated:  19 May 2020/ Responsible Officer:  University Librarian/ Page Contact:  Library Systems & Web Coordinator