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Private climate investment, coal transition and digitalization in the major coal-consuming countries

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  • Liu, Ling

Abstract

This paper examines the relationship between private investment, digitalization, and coal rent in major coal-consuming countries from 1999 to 2019. Using the CS-FMOLS technique, the results show that a 1% increase in the ICT Development Index raises coal rent by 0.24%, underscoring digitalization's role in enhancing coal industry profitability. Conversely, a 1% increase in private participation in infrastructure reduces coal rent by 0.35%, as private investments focus on sustainable energy. The study concludes that while private investment supports clean energy, digitalization extends coal reliance. To support coal transition, policies should promote green ICT production, renewable energy, green finance, and good governance in sustainable projects.

Suggested Citation

  • Liu, Ling, 2024. "Private climate investment, coal transition and digitalization in the major coal-consuming countries," Resources Policy, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:jrpoli:v:99:y:2024:i:c:s0301420724007499
    DOI: 10.1016/j.resourpol.2024.105382
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    References listed on IDEAS

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    More about this item

    Keywords

    Coal transition; Coal rent; Digitalization; Private climate investment; Panel cointegration model;
    All these keywords.

    JEL classification:

    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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