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Energy consumption and economic growth have been of great interest to researchers and policy-makers. Knowing the actual causal relationship between energy and the economy with respect to environmental degradation has important implications for modeling environmental and growth policies. The eleven chapters included herein aim to help researchers, academicians, and especially decision-makers to understand relevant issues and adopt appropriate methods to tackle and solve relevant environmental problems. Various methods from different disciplines are proposed and applied to various environmental and energy issues.
Energy consumption and economic growth have been of great interest to researchers and policy-makers. Knowing the actual causal relationship between energy and the economy with respect to environmental degradation has important implications for modeling environmental and growth policies. The eleven chapters included herein aim to help researchers, academicians, and especially decision-makers to understand relevant issues and adopt appropriate methods to tackle and solve relevant environmental problems. Various methods from different disciplines are proposed and applied to various environmental and energy issues.
Understanding the interconnection between energy, the environment, and the economy is critical in contemporary society. The relationship between energy consumption, economic growth, and the environment has garnered significant attention from researchers and policymakers alike, and understanding the underlying causal connection between energy and the economy is crucial for modeling effective environmental and growth policies. Moreover, the emergence of new energy and environmental policies would create a plethora of further research opportunities in this evolving climate regime. For instance, several countries prioritize projects focused on energy efficiency, as they are considered low-risk, no-regret options that may yield economic benefits. In a nutshell, this Special Issue aims to address a gap in the existing literature by providing an in-depth analysis of the interplay between energy, the environment, and the economy, emphasizing the exploration of the potential environmental impacts of energy consumption and economic growth.
This book gives an overview of the problem of providing economics with a biophysical foundation, explains the importance of energy in economic valuation and aims to develop novel ways of evaluating the physical constraints of our planet and the services provided by the natural environment.
This book deals with short-term and long-term issues associated with directions of economic development in developing as well as industrialized countries. It examines various aspects of the interrelationships among the environment, energy requirements, and economic development-- a topic much discussed since the Rio Earth Summit. It emphasizes the increasing environmental stress arising from such human activities as growing energy consumption associated with economic development; the risk of further environmental degradation due to economic development in developing countries; the importance of global environmental problems such as climate change resulting from greenhouse gas emissions; the significance of impacts of deforestation and desertification on rural societies in the developing world; the role of new technologies in addressing the trilemma of energy demand, economic development, and the environment; the opportunity for the developing economies through implementing technological leapfrogging and phased approaches; and the need for removing technological, economic, and social barriers to achieving sustainable development. It underscores the need for further scientific information and analytical studies, such as improved climate and econometric modelling. The book will be of tremendous value to experts and policy makers dealing with energy and sustainable development issues.
This book analyzes the effects of power generated by renewable energy sources, renewable energy production technologies, energy efficiency, and market regulation of carbon emissions. It elaborates on how these parameters have direct and indirect effects on carbon emission reduction, such as the results of an environmental tax that could directly reduce carbon emissions by decreasing fossil fuel consumption or by stimulating energy savings through technological innovation, as well as how renewable energy sources can affect both economic growth and the environment. In addition to a detailed analysis of the interrelationships between renewable energy consumption, production technology, and market regulation, The Development of Renewable Energy Sources and its Significance for the Environment proposes a model for measuring the effectiveness and results of the interaction between these links. Furthermore, a structure for a marketplace of renewable energy sources is put forward, as well as an outline of the requirements that must be met in order for this market to function. Suitable policy recommendations to enhance the market for renewable energies are also provided.
The Belt and Road Initiative (BRI) is an ambitious development project initiated by the Chinese government to foster economic progress worldwide. This study aims to investigate the dynamics of energy, economy, and environment among 42 BRI developing countries using an annual frequency panel dataset from 1995 to 2019. The major findings from the econometric analysis revealed that higher degrees of energy consumption, economic growth, population growth rate, and FDI inflows exhibit adverse environmental consequences by boosting the CO2 emission figures of the selected developing BRI nations. However, it is interesting to observe that exploiting renewable energy sources, which are relatively cleaner compared to the traditionally-consumed fossil fuels, and fostering agricultural sector development can significantly improve environmental well-being by curbing the emission levels. On the other hand, financial development is found to be ineffective in explaining the variations in CO2 emission figures of the selected BRI member countries. Besides, the causality analysis shows that higher energy consumption, FDI inflows, and agricultural development cause environmental pollution by boosting carbon dioxide emissions. However, economic growth, technology development, financial progress, and renewable energy consumption are evidenced to exhibit bidirectional causal associations with carbon dioxide emissions. In line with these findings, several relevant policies can be recommended.
Introduces a bold, new model for energy industry pollution prevention and sustainable growth Balancing industrial pollution prevention with economic growth is one of the knottiest problems faced by industry today. This book introduces a novel approach to using data envelopment analysis (DEA) as a powerful tool for achieving that balance in the energy industries—the world’s largest producers of greenhouse gases. It describes a rigorous framework that integrates elements of the social sciences, corporate strategy, regional economics, energy economics, and environmental policy, and delivers a methodology and a set of strategies for promoting green innovation while solving key managerial challenges to greenhouse gas reduction and business growth. In writing this book the authors have drawn upon their pioneering work and considerable experience in the field to develop an unconventional, holistic approach to using DEA to assess key aspects of sustainability development. The book is divided into two sections, the first of which lays out a conventional framework of DEA as the basis for new research directions. In the second section, the authors delve into conceptual and methodological extensions of conventional DEA for solving problems of environmental assessment in all contemporary energy industry sectors. Introduces a powerful new approach to using DEA to achieve pollution prevention, sustainability, and business growth Covers the fundamentals of DEA, including theory, statistical models, and practical issues of conventional applications of DEA Explores new statistical modeling strategies and explores their economic and business implications Examines applications of DEA to environmental analysis across the complete range of energy industries, including coal, petroleum, shale gas, nuclear energy, renewables, and more Summarizes important studies and nearly 800 peer reviewed articles on energy, the environment, and sustainability Environmental Assessment on Energy and Sustainability by Data Envelopment Analysis is must-reading for researchers, academics, graduate students, and practitioners in the energy industries, as well as government officials and policymakers tasked with regulating the environmental impacts of industrial pollution.