Low-carbon energy strategies and economic growth in developed and developing economies: the case of energy efficiency and energy diversity

Author(s):  
Mohd Irfan
Author(s):  
A Vazim ◽  
O Kochetkova ◽  
I Azimzhamov ◽  
E Shvagrukova ◽  
N Dmitrieva

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Philip Kofi Adom ◽  
Franklin Amuakwa-Mensah ◽  
Salome Amuakwa-Mensah

Abstract The United Nations Sustainable Development Goal 7 emphasizes the need for economies around the world to double their efforts in energy efficiency improvements. This is because improvements in energy efficiency can trigger economic growth and considered as one of the ‘green’ growth strategies due to its carbon free content. To this end, some empirical studies have investigated the nexus between economic growth and energy efficiency, but the effects of the latter on financial indicators have not been sufficiently studied in the literature, at least in developing economies like Africa. This study examines the effect of energy efficiency improvements on commercial bank profitability under different political regimes (i.e., autocratic and democratic political regimes); something previous literature had neglected. The study uses panel data, consisting of 43 African countries and the simultaneous System Generalized Method of Moments. We found that energy efficiency improvement is more likely to induce higher bank profitability in political institutions with the characteristics of centralization of power compared with those with decentralization of power. Furthermore, for the banking sector, the findings suggest that energy utilization behavior of clients should be included in the loan or credit valuation process. For the government, the agenda of energy efficiency should be aggressively pursued while taking cognizance of creating a political environment that weans itself from a ‘grandfathering’ behavior.


2010 ◽  
Vol 14 (2) ◽  
pp. 83-93 ◽  
Author(s):  
Binu Parthan ◽  
Marianne Osterkorn ◽  
Matthew Kennedy ◽  
St. John Hoskyns ◽  
Morgan Bazilian ◽  
...  

2011 ◽  
Vol 361-363 ◽  
pp. 1009-1012
Author(s):  
Hai Bo Guo ◽  
Ying Zhu ◽  
Zheng Wang

Heilongjiang Province, whose pillar industries are made up of petroleum and coal exploitation, chemicals fabrication and mechanical devices manufacture, is one of the most important industrial bases in China. The leading enterprises from the three pillar industries make up the 59.2% of the total quantity and contribute the 57.3% of the total GDP in Heilongjiang Province. But as a matter of fact, according to the latest statistics, unit GDP carbon emissions of these three industrials are as high as 4. They are the typical industries whose characteristics are high energy consumed and intense carbon emission. As a result, adopting new energy and switching the developmental pattern to a low carbon model are a crucial step in Heilongjiang Province. The authors study this research by the methods of calculating the relevant datum and comparative analysis, and put forward three low carbon energy strategies: making full use of the bio-energy with the leading representatives of Ethanol Alcohol Gasoline and Dimethyl Ether (DEM); increasing investment on wind power project, and utilizing the potential water resources. With the operation of these strategies, we can reduce the carbon emissions and lead the industry to a green and sustainable way.


2021 ◽  
Vol 9 ◽  
Author(s):  
Zhuang Zhang ◽  
You-Hua Chen ◽  
Chien-Ming Wang

The influence of low-carbon energy on economic development is a vital issue. Using the provincial panel data in China from 2000 to 2017, this work investigated the aggregate effects of low-emission electricity. The results showed that 1) when the ratio of low-emission electricity to total electricity increases by 1%, the GDP per capita will increase by 0.16% and CO2 emissions will decrease by 0.848%. In other words, low-emission electricity can achieve the goal of low-carbon economic development; 2) the self-supply of low-emission electricity, rather than trade and efficiency, is the main reason for China’s boosted economic growth; and 3) low-emission electricity increases the regional economic gap in China. The effects of pollution inhibition and economic promotion on low-emission electricity in developed areas are significantly greater than those in less developed areas. Thus, the low-emission electricity policy in China should benefit the economy and avoid the excessive economic gap among regions. Policymakers should vigorously promote the low-emission electricity revolution and pay attention to the inclination of energy policy to the central and western regions.


Energy Policy ◽  
2019 ◽  
Vol 128 ◽  
pp. 830-837 ◽  
Author(s):  
H.R. Bohlmann ◽  
J.M. Horridge ◽  
R. Inglesi-Lotz ◽  
E.L. Roos ◽  
L. Stander

Energy ◽  
2022 ◽  
pp. 123063
Author(s):  
Taimoor Hassan ◽  
Huaming Song ◽  
Yasir Khan ◽  
Dervis Kirikkaleli

2021 ◽  
pp. 0958305X2110078
Author(s):  
Muhammad K Anser ◽  
Muhammad Usman ◽  
Danish I Godil ◽  
Malik S Shabbir ◽  
Mosab Tabash ◽  
...  

This study describes different options regarding financing in low carbon energy sectors and air pollution, which further affect clean production and sustainable environment agenda regarding the Association of southeast Asian Nations (ASEAN) states. The purpose of this study is to reduce air pollution and improve environmental production through low carbon energy financing. This study further investigates, which particular country among selected ASEAN states has most affected by air pollution and decrease their energy sources as well as clean productivity level. The findings of this study indicate that transformation toward low carbon energy increased energy efficiency encouraged by all sectors of society in the target countries. It is observed that around 20,000 people have died in South East Asia (SEA) every year due to the polluted air environment among these countries.


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