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SDG7 and the systematic downplaying of affordability in discourses on energy prices

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  • Bhatta, Bibek

Abstract

This study examines whether the current discourses and debates at international level are aligned with Sustainable Development Goal (SDG) 7 for i) affordable energy and ii) clean energy. Guided by the overarching vision of SDG7, this study assumes that both "affordably energy" and "clean energy" are of equal importance and examines their prevalence along two dimensions: parliamentary debates and news cycle. Results suggest that "clean energy" is used significantly more compared to "affordable energy" in both parliamentary debates and newspapers in the UK, US and Ireland. This is the first study that we are aware of that examines the possible incongruity between international discourses and SDG7. It also adds to the emerging debate on whether affordable energy and clean energy are of equal importance or whether one is superior to the other. It also points towards the need for a macroeconomic evaluation and cost consideration when it comes to creation of 'green jobs'. Finally, given that this incongruity is most severe in the US congress, this study also points to geopolitical implications for other countries.

Suggested Citation

  • Bhatta, Bibek, 2023. "SDG7 and the systematic downplaying of affordability in discourses on energy prices," QBS Working Paper Series 2023/08, Queen's University Belfast, Queen's Business School.
    • Handle: RePEc:zbw:qmsrps:202308
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    File URL: https://www.econstor.eu/bitstream/10419/280744/1/wps-2023-08.pdf
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    References listed on IDEAS

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    1. Tim Loughran & Bill Mcdonald, 2016. "Textual Analysis in Accounting and Finance: A Survey," Journal of Accounting Research, Wiley Blackwell, vol. 54(4), pages 1187-1230, September.
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    More about this item

    Keywords

    SDG7; clean energy; affordable energy; green jobs; sustainable development;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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