Towards a green economic policy framework in China: role of green investment in fostering clean energy consumption and environmental sustainability

Author(s):  
Israt Zahan ◽  
Shuai Chuanmin
Author(s):  
Farzan YAHYA ◽  
Muhammad RAFIQ

Background: Air pollution is one of the major threats to human health and well-being. This study aimed to explore the effect of renewable energy consumption and carbon dioxide emissions on tuberculosis (TB) incidences. It further investigates the moderating role of urbanization on the relationship between underlying factors and TB. Methods: The data of 183 countries over the period 2000 to 2014 were collected and a two-step system GMM technique was utilized to reduce the endogeneity issue. Additionally, we divided the sample into two sub-panels based on country risk for more robust estimates. Results: Carbon dioxide emissions increase the incidences of TB while renewable energy consumption could restrict these cases. On the other hand, urbanization is positively associated with TB in high-risk. System-GMM estimates also indicated that urbanization further strengthens the positive association between CO2 emissions and tuberculosis. Conclusion: Climate-friendly energy technologies, surveillance, and adequate city planning can act as effective mechanisms to improve public health.


2021 ◽  
Author(s):  
Yuanyuan Wan ◽  
Ni Sheng

Abstract Green investment considers energy conservation and environmental protection as its main goals. Few studies based on simultaneous equation models have evaluated the relationships between green investment, clean energy consumption, carbon emissions, and economic growth. We use panel data from 30 provinces and cities in China from 2003 to 2017 to establish a simultaneous equation model that can evaluate these crucial relationships. At the national level, green investment has a significantly positive impact on clean energy consumption and economic growth; however, it has no significant effect on carbon dioxide emissions. Moreover, there is a U-shaped relationship between economic growth and clean energy consumption, as well as economic growth and CO2 emissions. When the per capita GDP is greater than 105735.92 (RMB), the use of clean energy will increase and CO2 emissions will decrease, thereby benefitting the environment and economy. Additionally, the impacts of green investment on clean energy differ in China’s eastern, central, and western regions, and the non-linear relationships between economic growth and clean energy consumption in these regions also differ. Based on these findings, countermeasures and suggestions are proposed to spur development within different regions.


Author(s):  
Matthew A. Shapiro ◽  
Toby Bolsen ◽  
Anna McCaghren Fleming

Public opinion plays a central role in determining the feasibility of efforts to transform energy systems in the coming years, yet scholarship on communication effects and public opinion about clean energy and energy efficiency seems to have expanded only relatively recently. There is a growing body of work that explores how targeted and strategically framed messages affect individuals’ beliefs and motivations to act on matters affecting household energy choices as well as energy policies. One must attend particularly to the principal communication-based factors that shape the public’s understanding of clean energy sources and promote efficiencies in energy use. To better understand the communication vehicles for improving both household energy efficiency and conservation, two research foci are most relevant: (1) field experiments that primarily assess how household energy consumption shifts after receiving energy consumption reports and (2) surveys/laboratory experiments that focus on the nuances of energy-related communications, paying particular attention to the role of politics and ideology. This bimodal classification of clean energy and efficiency communication research genres is not exhaustive but can be synthesized into two major contributions. First, providing households with information about specific benefits that would result from a greater reliance on clean energy may increase support for its development and move individuals toward energy efficiency outcomes; however, exposure to counter-messages that emphasize costs associated with clean energy and the associated policies can negate the effects of pro-clean energy messages. Second, there is still no reprieve from the politicization of energy, and thus the role of partisanship and motivated reasoning must be accounted for when assessing how individuals modify their decision-making processes regarding energy efficiency.


Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4687
Author(s):  
Yongliang Zhang ◽  
Md. Qamruzzaman ◽  
Salma Karim ◽  
Ishrat Jahan

In recent literature, the impact of economic policy uncertainty (EPU) on macro aspects have been investigated, but the aspect of energy, precisely renewable energy still to explore. The motivation of the study is to produce fresh evidence regarding the nexus between EPU and renewable energy consumption (REC) with the mediating role of forcing direct investment (FDI) and financial development (FD) in BRIC nations for the period 1997q1–2018q4. The study applied unit root tests following Ng-Perron and Zivot and Andrews for detecting variable’s stationary properties. The long-run cointegration was evaluated by implementing Bayer, Hanck combined the cointegration test, Bound testing approach, and tBDM test. Both linear and non-linear ARDL were implemented to evaluate long-run and short-run shocks, and directional causality was assessed through a non-granger causality test. Furthermore, the study implemented robustness by implementing fully-modified OLS, dynamic OLS, and canonical cointegrating regression (CCR). Unit root test established the variables are stationary after the first difference; moreover, the Bayer and Hanck cointegration test confirmed the long-run association between EPU, FD, FD, and REC in BRIC nations. Accruing to ARDL estimation, adverse effects running from EPU to REC both in the long run and short run. Furthermore, the positive statistically significant linkage revealed for FDI and FD to REC implies that clean energy integration could be augmented with continual inflows of FDI and development of the financial sector. Model estimation with asymmetric assumption, the study documented asymmetric effects running from EPU, FDI, and FD to renewable energy consumption, especially in the long run. Finally, the directional causality revealed unidirectional causality between REC and EPU, whereas the feedback hypothesis was disclosed for FDI and REC] and FD and REC. Study findings postulated that the role of foreign direct investment and financial development is critically significant because technological advancement and capital investment augment clean energy integration through the application of renewable energy.


2021 ◽  
Vol 12 (3) ◽  
pp. 3034-3054

Environmental sustainability requirements and rising energy demands, as well as the depletion of conventional energy resources and environmental deterioration as a result of abrupt climate change, have redirected scientists' focus. For sustainable development, look for renewable sources of green and clean energy. Bioenergy is a great alternative because it may be used to meet a variety of energy needs with the right conversion technology. This overview covers all aspects of biofuels (bioethanol, biodiesel, and butanol) and the criteria for their long-term viability. The focus is on the most recent breakthroughs in biofuel production, emphasizing the role of nanotechnology. In addition, a slew of studies is being conducted on developing strategies for process optimization, such as integration methodologies, less energy-intensive distillation processes, and microbe bioengineering talked about. This can assist in making biofuel production in a real-world market more economically and environmentally viable.


2021 ◽  
Vol 39 (8) ◽  
Author(s):  
Solomon Prince Nathaniel ◽  
Festus Fatai Adedoyin

Income alone cannot ensure environmental sustainability. As such, different economies have relied on environmental regulations to preserve the quality of their environment. The efficiency of such regulations on environmental degradation is still unclear in developing countries culpable for lax environmental regulations. As such, this study explores the effect of environmental regulations on the ecological footprint (EFP) in MINT (Mexico, Indonesia, Nigeria, Turkey) countries from 1980-2016. The results suggest that energy consumption, trade and GDP increase the EFP while environmental regulations reduce it thereby mitigating environmental degradation, though insignificantly. This indicates that environmental regulations are not totally successful in mitigating ecological distortions in the sample countries. The study applies the FMOLS estimator to obtain the country-wise results. There is evidence that energy consumption increases the EFP in all MINT countries. The same influence is exacted by trade on the EFP, except in Turkey. The abating role environmental regulations on environmental degradation were confirmed in all the countries. It was significant in Nigeria and Turkey, but no in Mexico and Indonesia. Further findings revealed a bidirectional causality between GDP and EFP. Policy directions are discussed within the framework of Sustainable Development Goals (SDGs).


Sign in / Sign up

Export Citation Format

Share Document