{"id":14862,"date":"2023-02-19T13:12:11","date_gmt":"2023-02-19T10:12:11","guid":{"rendered":"https:\/\/www.tespam.org\/tr\/?p=14862"},"modified":"2026-08-07T22:14:54","modified_gmt":"2026-08-07T19:14:54","slug":"investigating-the-effects-of-climate-policy-uncertainty-on-the-us-petroleum-markets","status":"publish","type":"post","link":"https:\/\/www.tespam.org\/wordpress\/investigating-the-effects-of-climate-policy-uncertainty-on-the-us-petroleum-markets\/","title":{"rendered":"Investigating the effects of climate policy uncertainty on the US petroleum markets"},"content":{"rendered":"<p><strong>ABSTRACT<\/strong><\/p>\n<p>The uncertainty of climate policy and its impact on the petroleum markets has attracted the attention of many researchers over the past two decades. Many research works have been conducted regarding the reactions of each variable to the other and the present study aims to investigate the effects of climate policy uncertainty on the US petroleum markets by taking the Climate Policy Uncertainty Index (CPU) and<br \/>\nthe Petroleum Markets EMV tracker data (PEMV) based on monthly data which starts from Jan 2000 to March 2021. We employ multiple tests by using the VAR model to analyze the collected data. First, the<br \/>\nresults of the Granger causality test show no causality cause between the CPU and PEMV indices. Second, the outcomes of the Impulse response test show only the reactions come to the variables themselves positively but provide no meaning to the shocks of each variable to the other one. Lastly, the results of the variance decomposition test imply that the variables highly lagged with their dynamics which is about 98 percentile for each variable.<\/p>\n<p><strong>Mustafa H. Hamad Ameena<br \/>\nAsl\u0131 Af\u015farb<\/strong><\/p>\n<p><!-- PDF Embedder: Please provide an \"URL\" attribute in your shortcode. -->-2177093&#8243;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABSTRACT The uncertainty of climate policy and its impact on the petroleum markets has attracted the attention of many researchers over the past two decades. Many\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_thinkrank_schema_form_data":"","_thinkrank_selected_schema_type":"","_thinkrank_additional_schemas":"","_thinkrank_canonical_url":"","_thinkrank_og_title":"","_thinkrank_og_description":"","_thinkrank_og_image":"","_thinkrank_twitter_title":"","_thinkrank_twitter_description":"","_thinkrank_twitter_image":"","_thinkrank_imported_from":"","_thinkrank_focus_keywords":[],"_thinkrank_focus_keyword":"","_thinkrank_robots_meta_enabled":0,"_thinkrank_robots_meta":"","_thinkrank_advanced_robots_meta":"","_thinkrank_primary_category":0,"footnotes":"","_ppma_block_editor_authors":""},"categories":[1095,1161,117,879],"tags":[1698,1699,1700],"ppma_author":[2016],"class_list":["post-14862","post","type-post","status-publish","format-standard","hentry","category-ekonomi-finans-marketler-deger-zincirleri","category-ijes5","category-petrol-ve-dogalgaz","category-politika-diplomasi-ihtilaflar-guvenlik","tag-cpu-index","tag-pemv-index","tag-var-model"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investigating the effects of climate policy uncertainty on the US petroleum markets - T\u00fcrkiye Enerji Stratejileri ve Politikalar\u0131 Ara\u015ft\u0131rma Merkezi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tespam.org\/wordpress\/investigating-the-effects-of-climate-policy-uncertainty-on-the-us-petroleum-markets\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investigating the effects of climate policy uncertainty on the US petroleum markets - T\u00fcrkiye Enerji Stratejileri ve Politikalar\u0131 Ara\u015ft\u0131rma Merkezi\" \/>\n<meta property=\"og:description\" content=\"ABSTRACT The uncertainty of climate policy and its impact on the petroleum markets has attracted the attention of many researchers over the past two decades. 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