scholarly journals The Effect of Green Logistics on Economic growth, Social and Environmental Sustainability: An Empirical Study of Developing Countries in Asia

2019 ◽  
Author(s):  
Syed Abdul Rehman Khan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Environmental Sustainability ◽  
Panel Study ◽  
Trade Openness ◽  
Empirical Work ◽  
Value Added ◽  
Environmental Problems ◽  
Renewable Energy Resources ◽  
Green Logistics

This panel study investigates the relationship between green logistics indices, economic, environmental, and social factors in the perspective of Asian emerging economies. This study adopted FMOLS and DOLS methods to test research hypothesis, catering the problem of endogenity and serial correlation. The results suggest that logistics operations, particularly LPI2 (efficiency of customs clearance processes), LPI4 (quality of logistics services) and LPI5 (trade and transport-related infrastructure), are positively and significantly correlated with per capita income, manufacturing value added and trade openness. While, greater logistics operations are negatively associated with social and environmental problems including, climate change, global warming, carbon emissions, and poisoning atmosphere. In addition, human health is badly affected by heavy smog, acid rainfall, and water pollution. The findings further extend and reveal that political instability, natural disaster and terrorism are also a primary cause of poor economic growth and environmental sustainability with poor trade and logistics infrastructure. Further, the application of renewable energy resources and green practices can mitigate negative effects on social and environmental sustainability without compromising the performance of economic growth. There is very limited empirical work presented in literature using renewable energy and green ideology to solve macro-level social and environmental problems, while this study will assist the policymakers and researchers to understand the importance of green concept in improving countries’ social, economic and environmental performance.

scholarly journals Does Green Energy Complement Economic Growth for Achieving Environmental Sustainability? Evidence from Saudi Arabia

2020 ◽  
Vol 13 (1) ◽  
pp. 180
Author(s):  
Montassar Kahia ◽  
Anis Omri ◽  
Bilel Jarraya
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Sustainability ◽  
Least Square ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
Ordinary Least Square

This study extends previous environmental sustainability literature by investigating the joint impact of economic growth and renewable energy on reducing CO2 emissions in Saudi Arabia over the period 1990–2016. Using the fully modified ordinary least-square (FMOLS) and dynamic ordinary least-square DOLS estimators, we find that economic growth increases CO2 emissions in all estimated models. Moreover, the validity of the environmental Kuznets curve (EKC) hypothesis is only supported for CO2 emissions from liquid fuel consumption. The invalidity of the EKC hypothesis in the most commonly used models implies that economic growth alone is not sufficient to enhance environmental quality. Renewable energy is found to have a weak influence on reducing the indicators of environmental degradation. We also find that the joint impact of renewable energy consumption and economic growth on the indicators of CO2 emissions is negative and insignificant for all the estimated models, meaning that the level of renewable energy consumption in Saudi Arabia is not sufficient to moderate the negative effect of economic growth on environmental quality. Implications for policy are also discussed.

Does Technological Innovation Advance Environmental Sustainability in ASEAN Countries?

2021 ◽  
Vol 9 (3) ◽  
Author(s):  
Tabish Nawab ◽  
Muhammad Azhar Bhatti ◽  
Muhammad Atif Nawaz
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Environmental Sustainability ◽  
Energy Demand ◽  
Carbon Emission ◽  
Technology Innovation ◽  
Renewable Energy Consumption ◽  
Panel Ardl ◽  
Long Run ◽  
Environment Degradation

Environment degradation is a very important issue in developing nations and a lot of research had done to examine the factors of environmental degradation but these studies were missed some important factors which are covered by this study. By examining the effect of economic growth and energy in the presence of renewable energy consumption and technology innovation on environment degradation for ASEAN nations. Panel ARDL (which is PMG and MG) is used to estimate the model, and the advantage of this model is it gives both the long and short-run estimates of the model which helps to understand the situation in both short as well as long run. The results confirm that economic growth, Population, trade, and renewable energy increase the carbon emission level in ASEAN nations. While technology innovation decreased carbon emission levels which means technology innovation helps to keep the environment healthy and clean. Hence, economic growth helps the nations to improve their energy mode from non-renewable to renewable energy, which meets the energy demand by keeping the environment clean.

scholarly journals The Impact of Economic Growth, Trade Openness and Technological Progress on Renewable Energy Use in Organization for Economic Co-Operation and Development Countries

2021 ◽  
Author(s):  
Md. Mahmudul Alam ◽  
Wahid Murad
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Least Squares ◽  
Technological Progress ◽  
Energy Use ◽  
Trade Openness ◽  
Oecd Countries ◽  
Ordinary Least Squares ◽  
Short Term

This study investigates the short-term and long-term impacts of economic growth, trade openness and technological progress on renewable energy use in Organization for Economic Co-operation and Development (OECD) countries. Based on a panel data set of 25 OECD countries for 43 years, we used the autoregressive distributed lag (ARDL) approach and the related intermediate estimators, including pooled mean group (PMG), mean group (MG) and dynamic fixed effect (DFE) to achieve the objective. The estimated ARDL model has also been checked for robustness using the two substitute single equation estimators, these being the dynamic ordinary least squares (DOLS) and fully modified ordinary least squares (FMOLS). Empirical results reveal that economic growth, trade openness and technological progress significantly influence renewable energy use over the long-term in OECD countries. While the long-term nature of dynamics of the variables is found to be similar across 25 OECD countries, their short-term dynamics are found to be mixed in nature. This is attributed to varying levels of trade openness and technological progress in OECD countries. Since this is a pioneer study that investigates the issue, the findings are completely new and they make a significant contribution to renewable energy literature as well as relevant policy development.

scholarly journals The state of green energy transition in regional industrial centres—The case study of Székesfehérvár

2021 ◽  
Keyword(s):  
Renewable Energy ◽  
Local Governance ◽  
Economic Value ◽  
Value Added ◽  
Energy Transition ◽  
Local Environment ◽  
Green Energy ◽  
Urban Region ◽  
Renewable Energy Resources ◽  
Sustainable Solutions

Abstract Industrial parks may be high pollutants of the local environment, but also engines of regional development, employment, and economic value added. To make them more sustainable, regional planning often purports to promote a transition to a greener approach, but in reality, many green measures oppose business logic and profitability, while those companies that do invest in sustainable solutions do so without having a clear strategy. This complicated setup is to be explored and modelled in this article which is focused on a remarkable area, the urban region of Székesfehérvár, an industrial city in Hungary having an impressive economic development and hosting significant domestic and international companies. The disharmony between greening policies, intentions and actions is observable in Székesfehérvár, despite the considerable local and regional potentials of renewable energy resources. Findings indicate that systemic thinking and future-oriented decision making will be necessary to achieve true sustainability, which also requires a mutually proactive attitude and the cooperation of different sectors. A legitimate strategy aiming at greening the local and regional economy (with renewable energy concerns), implemented by both public and business actors can be the key element of a successful transition. This strategy needs to be stimulated by local governance.

scholarly journals Does Globalization Moderate the Effect of Economic Complexity on CO2 Emissions? Evidence From the Top 10 Energy Transition Economies

2021 ◽  
Vol 9 ◽  
Author(s):  
Kai He ◽  
Muhammad Ramzan ◽  
Abraham Ayobamiji Awosusi ◽  
Zahoor Ahmed ◽  
Mahmood Ahmad ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Transition Economies ◽  
Carbon Emissions ◽  
Environmental Sustainability ◽  
Energy Transition ◽  
Cross Sectional ◽  
Economic Complexity ◽  
Long Run ◽  
The Government

The association between economic complexity (sophisticated economic structure) and carbon emissions has major implications for environmental sustainability. In addition, globalization can be an important tool for attaining environmental sustainability and it may also moderate the association between economic complexity and carbon emissions. Thus, this research examines the effects of economic complexity, economic growth, renewable energy, and globalization on CO2 emissions in the top 10 energy transition economies where renewable energy and globalization have greatly increased over the last 3 decades. Furthermore, this study also evaluates the joint effect of globalization and economic complexity on carbon emissions. Keeping in view the presence of slope heterogeneity and cross-sectional dependence in the data, this research utilized second-generation unit root tests (CIPS and CADF), Westerlund cointegration approach, and CS-ARDL and CCEMG long-run estimators over the period of 1990–2018. The results affirmed the presence of cointegration among the considered variable. Long-run findings revealed that globalization, renewable energy, and economic complexity decrease carbon emissions. Conversely, economic growth increases carbon emissions. Moreover, the joint impact of economic complexity and globalization stimulates environmental sustainability. Based on these findings, the government of these groups of economies should continue to expand the usage of renewable energy. They should also promote interaction with the rest of the world by adopting the policy of opening up.

Energy Policy Issues in Turkey

2017 ◽  
Vol 6 (3) ◽  
pp. 50-65
Author(s):  
Dilek Temiz Dinç ◽  
Aytaç Gökmen ◽  
Zehra Burçin Kanık
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Production ◽  
Fossil Fuels ◽  
Renewable Energy Resources ◽  
Causality Test ◽  
Long Run ◽  
Renewable Energy Production ◽  
Short Run ◽  
The Republic

Energy is the source of development of the mankind and an indispensable input for economic growth. Currently, most of the energy consumed in the world is composed of fossil fuels which are not environmentally friendly and reliable since their prices are volatile and their supply compels importing countries dependent on energy exporting countries. Thus, a good remedy to reduce fossil fuel dependency is to utilize more renewable energy resources. Renewable resources can be replenished quickly, are almost infinite and would lead a country to sustainable development. The Republic of Turkey is a net importer of energy. The diversification of energy sources and supply security is of great importance for it. Thus, the objective of this study is to analyze the relationship between renewable energy production and economic growth in Turkey by using Johansen Cointegration Test, Vector Error Correction Model (VECM), Granger Causality Test and the Augmented Dickey-Fuller Test (ADF). Consequently, both long run and short run a casualty running from GDP growth to renewable energy production is determined in the study.

scholarly journals Green Economy and Renewable Energy Focusing on the Biomass Energy Source

2016 ◽  
Vol 9 (3) ◽  
pp. 56 ◽  
Author(s):  
Mohammed Ebrahim Hussien ◽  
Chamhuri Siwar ◽  
Rashidah Zainal Alam ◽  
Abdul Hamid Jafar ◽  
Norasikin Ahmad Ludin
Keyword(s):  
Energy Source ◽  
Sustainable Development ◽  
Renewable Energy ◽  
Environmental Sustainability ◽  
Energy Resource ◽  
Biomass Energy ◽  
Energy Resources ◽  
Green Economy ◽  
Renewable Energy Resources ◽  
Energy And Environment

<p>Since conventional energy resources are major source of CO<sub>2</sub> emission, over reliance on fossil fuels has raised questions on environmental sustainability. On way to address these multi-faceted issues of conventional energy sources, the sustainability of energy and environment is through the green economy approach. As such, this paper aims to discuss the concept of green economy in relation with renewable energy. The interdependence of green economy and environmental quality as well as the compatibility of green economy approach with the notion of sustainable development are demonstrated in the paper. Green economy approach fulfils the methodological gaps that exist in the growth models. It is believed that the best economic tool to attain sustainable development goals is by integrating social, economic and environmental elements. Furthermore, energy is believed to be a significant player in determining the greenness of the economy and sustainability as it has economic and environmental value. In addition, this study illustrates the significance of biomass energy resource and CO<sub>2</sub> emissions from fossil fuel combustion. The illustration framework justifies that biomass is the determinant renewable energy source to be a proxy for renewable energy resources. Similarly, it justifies that CO<sub>2</sub> emission of energy sector is considerably significant to represent the CO<sub>2</sub> emissions of the atmosphere.</p>

Isothermal Splitting of CO2 to CO Using Cobalt-Ferrite Redox Looping

2020 ◽  
Author(s):  
K. G. Burra ◽  
A. K. Gupta
Keyword(s):  
Renewable Energy ◽  
Carbon Emissions ◽  
Fossil Fuel ◽  
Value Added ◽  
Energy Resources ◽  
Oxygen Storage ◽  
Co2 Conversion ◽  
Reduction Temperature ◽  
Oxygen Carriers ◽  
Renewable Energy Resources

Abstract Rising atmospheric CO2 levels from significant imbalance between carbon emissions from fossil fuel utilization, especially for energy and chemicals, and natural carbon sequestration rates is known to drive-up the global temperatures and associated catastrophic climate changes, such as rising mean sea level, glacial melting, and extinction of ecosystems. Carbon capture and utilization techniques are necessary for transition from fossil fuel infrastructure to renewable energy resources to help delay the dangers of reaching to the point of positive feedback between carbon emissions and climate change which can drive terrestrial conditions to uninhabitable levels. CO2 captured from the atmosphere directly or from flue gases of a power plant can be recycled and transformed to CO and syngas for use as energy and value-added chemicals. Utilizing renewable energy resources to drive CO2 conversion to CO via thermochemical redox looping can provide a carbon negative renewable energy conversion pathway for sustainable energy production as well as value-added products. Substituted ferrites such as Co-ferrite, Mnferrite were found to be promising materials to aid the conversion of CO2 to CO at lower reduction temperatures. Furthermore, the conversion of these materials in the presence of Al2O3 provided hercynite cycling, which further lowered the reduction temperature. In this paper, Co-ferrite and Co-ferrite-alumina prepared via co-precipitation were investigated to understand their potential as oxygen carriers for CO2 conversion under isothermal redox looping. Isothermal reduction looping provided improved feasibility in redox conversion since it avoids the need for temperature swinging which improves thermal efficiency. These efforts alleviates the energy losses in heat recovery while also reducing thermal stresses on both the materials and the reactor. Lab-scale testing was carried out at 1673 K on these materials for extended periods and multiple cycles to gain insights into cyclic performance and the feasibility of sintering, which is a common issue in iron-oxide-based oxygen carriers. Cobalt doping provided with lowering of reduction temperature requirement at the cost of oxidation thermodynamic spontaneity that required increased oxidation temperature. At the concentrations examined, these opposing phenomenon made isothermal redox operation feasible by providing high CO yields comparable to oxygen carriers in the literature, which were operated at different temperatures for reduction and oxidation. Significantly high CO yields (∼ 750 μmol/g) were obtained from Co-ferrite isothermal redox looping. Co-ferrite-alumina provided lower CO yields compared to Co-ferrite. The oxygen storage was similar to those reported in the literature on isothermal H2O splitting, but with improved morphological stability at high temperature, especially compared to ferrite. This pathway of oxygen carrier development is considered suitable with further requirement in optimization for scaling of renewable CO2 conversion into valuable products.

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