A Study of How Soaring Energy Prices Affect the Economy

DOI

10.2991/aebmr.k.220306.012How to use a DOI?

Keywords

Energy price; Economy; Development; Trend; Energy transition

Abstract

Energy issues can reflect the productivity of the global market, thereby indirectly showing the state of the global economy. The issue of energy prices is a topic that deserves attention and is of vital importance to the future development of the world. This paper aims to analyze price trends and supply issues in the energy market and analyze the reasons behind the surge in energy prices. This article explains the price fluctuations and consumption costs of manufacturing and commodities behind the rise and fall of energy prices, as well as the main purpose of energy transition and reduction of carbon emissions. This paper provides an overview of the main drivers behind the current price increases and their consequences.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Zheming Hu
PY  - 2022
DA  - 2022/03/17
TI  - A Study of How Soaring Energy Prices Affect the Economy
BT  - Proceedings of the 7th International Conference on Economy, Management, Law and Education (EMLE 2021)
PB  - Atlantis Press
SP  - 78
EP  - 83
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220306.012
DO  - 10.2991/aebmr.k.220306.012
ID  - Hu2022
ER  -