Relationship between energy demand, financial development, and carbon emissions in a panel of 101 countries: “go the extra mile” for sustainable development

2020 ◽  
Vol 27 (18) ◽  
pp. 23356-23363
Author(s):  
Xuan Vinh Vo ◽  
Khalid Zaman
Keyword(s):  
Sustainable Development ◽  
Financial Development ◽  
Carbon Emissions ◽  
Energy Demand

scholarly journals Energy Demand and Carbon Emission Peak Forecasting of Beijing Based on Leap Energy Simulation Method

2020 ◽  
Keyword(s):  
Sustainable Development ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Energy Demand ◽  
Carbon Emission ◽  
Simulation Method ◽  
Negative Influence ◽  
Low Carbon ◽  
Peak Value

<p>The long-term forecasting of the energy demand is an important issue of an area’s sustainable development, especially for mega cities such as Beijing. Beijing is changing its energy supply strategy to depend on energy imports from other provinces due to the city’s long-term low carbon sustainable development plan. Beijing has promised that it will reach the peak value of energy consumption by 2050 and the peak value of the carbon emissions by 2030. To understand whether this can be achieved, this study built an energy demand simulation model using the LEAP with different development scenarios. The results show that, the peak value of Beijing’s energy demand is between 108.25 and 131.74 Mtce during the period of 2044 to 2048, while the peak value of carbon emissions is between 134 and 139.38 million tons in 2025. We also find that adjusting the industry structure and improving the tertiary industry’s energy usage efficiency can be efficient ways to reduce energy consumption. These approaches not only reduce the negative influence of the economic development, but also achieve the energy saving and carbon emission reducing requirements. This study provides an interpretation of the implications for the future energy and climate policies of Beijing.</p>

scholarly journals Innovative Carbon Mitigation Techniques to Achieve Environmental Sustainability Agenda: Evidence from a Panel of 21 Selected R&D Economies

Atmosphere ◽  
2021 ◽  
Vol 12 (11) ◽  
pp. 1514
Author(s):  
Muhammad Khalid Anser ◽  
Shujaat Abbas ◽  
Abdelmohsen A. Nassani ◽  
Mohamed Haffar ◽  
Khalid Zaman ◽  
...  
Keyword(s):  
Financial Development ◽  
Carbon Emissions ◽  
Environmental Sustainability ◽  
Energy Demand ◽  
Composite Index ◽  
Carbon Pricing ◽  
Development Index ◽  
Carbon Reduction ◽  
Knowledge Innovation ◽  
Financial Development Index

Technological innovation in the energy sector is highly needed to reduce carbon emission costs, which requires knowledge spillovers, financial development, and carbon pricing to achieve a green developmental agenda. The current study examines the role of knowledge innovations in achieving the environmental sustainability agenda under financial development and carbon pricing in a panel of 21 selected R&D economies from 1990 to 2018. The study constructed a composite index of financial development and knowledge innovation in the carbon pricing model. The results show that carbon pricing, a financial development index, innovation index, and energy demand fail to achieve stringent carbon reduction targets. A U-shaped relationship is found between carbon emissions and per capita income in the absence of a financial development index and trade openness. At the same time, this study shows the monotonic decreasing function in the presence of all factors. The causality estimates confirmed the feedback relationship between carbon pricing and carbon emissions, carbon pricing and the financial index, and the financial development index and innovation index. Further, the causality results established the carbon-led financial development and innovation, growth-led carbon emissions, and trade-led emissions, pricing, and financial development in a panel of selected countries. The estimates of the innovation accounting matrix (forecasting mechanism) confirmed the viability of the environmental sustainability agenda through carbon pricing, knowledge innovation, and financial development over a time horizon. However, these factors are not achievable carbon reduction targets in a given period. The study concludes that carbon pricing may provide a basis for achieving an environmental sustainability agenda through market-based innovations, green financing options, and improved energy resources. This would ultimately help desensitize carbon emissions across countries.

The Implementation Approach of LCCF Checklist in Development Control: Challenges for policymakers

2019 ◽  
Vol 4 (12) ◽  
Author(s):  
T B A
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Carbon Emissions ◽  
Local Authority ◽  
Survey Methods ◽  
Local Level ◽  
Control Process ◽  
Low Carbon ◽  
Local Authorities ◽  
Development Control

Global warming, climate change is now affecting the world. The effort of the leaders to achieving the sustainable development is from New Urban Agenda (NUA), Sustainable Development Goals (SDG’s) and local level is local authorities.  SDG’s goal number 13 takes urgent action to combat climate change and its impact also SDG’s number 11 to sustainable cities and communities. The gap of this paper  Different cities face different challenges and issues. Local authorities will play a significant role in undertaking policy initiatives to combat carbon emissions of the city. Low Carbon Cities (LCC) is to reduce carbon emissions in all human activities in cities.  The objective of this paper is by applying the LCCF Checklist in planning permission for sustainable development. The methodology of this research is a mixed-method, namely quantitative and qualitative approach. The survey methods are by interview, questionnaire, and observation. Town planners are the subject matter expert in managing the planning permission submission for the development control of their areas. Descriptive statistical analysis will be used to show the willingness of the stakeholders, namely the developers and planning consultants in implementing of the LCCF. The contribution of this research will gauge readiness at the local authorities level. The findings of the LCCF checklist are identified as important in planning permission into the development control process. Surprisingly, that challenges and issues exist in multifaceted policy implementation the LCCF Checklist in a local authority. Finally based on Subang Jaya Municipal Councils, the existing approach in the application of the LCCF Checklist in the development control process will be useful for development control in a local authority towards sustainable development.  

scholarly journals The role of globalization on the recent evolution of energy demand in India: Implications for sustainable development

2016 ◽  
Vol 55 ◽  
pp. 52-68 ◽  
Author(s):  
Muhammad Shahbaz ◽  
Hrushikesh Mallick ◽  
Mantu Kumar Mahalik ◽  
Perry Sadorsky
Keyword(s):  
Sustainable Development ◽  
Energy Demand

scholarly journals Key Determinants of Energy Demand: Case of Morocco

2019 ◽  
Vol 11 (5) ◽  
pp. 50
Author(s):  
Bikrat Fatiha ◽  
Mohamed Karim
Keyword(s):  
Sustainable Development ◽  
Economic Development ◽  
Energy Management ◽  
Foreign Investment ◽  
Direct Investment ◽  
Energy Demand ◽  
Direct Foreign Investment ◽  
Vector Model ◽  
Independent Variables ◽  
To Come

Energy management is a major issue in economic development that goes hand in hand with sustainable development. The objective of this study is to analyze the determinants of energy demand in Morocco during the period 1990-2016. For years to come, energy demand has tended to grow. As a result, it is important to understand the key determinants of energy demand through the analysis of three independent variables: gross domestic product (GDP), access to electricity and direct foreign investment. The approach adopted is to use an Error Correction Vector Model (VECM). Empirical results show that energy demand in Morocco is linked to real causes, which are GDP, access to electricity and foreign direct investment.

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