Applications are invited for a self-funded, 3 year full-time or 6 year part-time PhD project on energy, the economy, and the environment. The PhD will be based in the School of Accounting, Economics, and Finance at the University of Portsmouth and will be supervised by Professor Lester Hunt and Dr Scott Mahadeo.
The work on this PhD project titled essays on energy, the economy, and the environment will involve proposing original and testable research questions in one or more of the following areas:
- The relationship between energy efficiency, economic and environmental performance;
- The impact of the energy sector and/or energy transition on the rest of the economy;
- The drivers of energy market shocks, and their implications for the economic and environmental policies.
Energy is the apex commodity of the global economy. It is an input in the production process and an important part of the supply chain of commercial firms. Moreover, energy is needed to power households being an important driver of well-being and prosperity. Thus, energy fuels economic performance. Yet, different sectors of the economy have different energy demands. As an economy develops and its structure changes, what are the implications for energy markets and the environment?
Furthermore, as the world emerges from the global pandemic and the topic of climate change takes centre stage with the net zero targets and COP26 debates, many individuals, firms, and governments around the world are committing to more sustainable sources of energy. Do changing conditions in energy supply (such as the switch from fossil fuels to renewables) and energy cost play a significant role in economic growth? What are the consequences of the link between energy and the economy for the environment? As many countries turn to cleaner energy sources, what is the fate of oil-exporting economies in the developing world that already experience a wide range of inter-related economic problems?
We are happy to consider research proposals that aim to provide significant original contributions to some of these challenging questions in the energy-economy-environment nexus.