The only constant is change: Evidence on the declining role of fossil fuels and the rise of strategic metals in energy transition
| dc.contributor.author | Tarkun, Savaş | |
| dc.date.accessioned | 2026-02-08T15:11:11Z | |
| dc.date.available | 2026-02-08T15:11:11Z | |
| dc.date.issued | 2025 | |
| dc.department | Bursa Teknik Üniversitesi | |
| dc.description.abstract | This study explores the shifting informational dynamics between fossil fuels and strategic metals in the context of global energy transition. Using a dual-frequency framework—frequency-domain Granger causality and time-frequency connectedness—we analyze daily data from 2018 to 2025, covering Brent crude oil, coal, and key strategic metals such as copper, lithium, and nickel. Our findings reveal a structural transformation: fossil fuels have become increasingly reactive, while strategic metals act as forward-looking market leaders. These metals not only represent essential inputs for green technologies but also function as systemic financial signals across time horizons. The results highlight a reconfiguration of energy-related influence networks, underscoring the growing role of resource-critical markets in shaping expectations, volatility, and long-term planning. This study contributes to a more integrated understanding of how material flows and financial signals intersect in the green transition, offering novel insights for energy policy, market design, and sustainable investment strategies. © 2025 Elsevier Ltd | |
| dc.identifier.doi | 10.1016/j.resourpol.2025.105665 | |
| dc.identifier.issn | 0301-4207 | |
| dc.identifier.scopus | 2-s2.0-105009295586 | |
| dc.identifier.scopusquality | Q1 | |
| dc.identifier.uri | https://doi.org/10.1016/j.resourpol.2025.105665 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12885/5280 | |
| dc.identifier.volume | 107 | |
| dc.indekslendigikaynak | Scopus | |
| dc.language.iso | en | |
| dc.publisher | Elsevier Ltd | |
| dc.relation.ispartof | Resources Policy | |
| dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | |
| dc.rights | info:eu-repo/semantics/closedAccess | |
| dc.snmz | Scopus_KA_20260207 | |
| dc.subject | Fossil fuels | |
| dc.subject | Frequency connectedness | |
| dc.subject | Green transformation | |
| dc.subject | Information spillovers | |
| dc.subject | Strategic metals | |
| dc.title | The only constant is change: Evidence on the declining role of fossil fuels and the rise of strategic metals in energy transition | |
| dc.type | Article |












