scholarly journals Literature Review of Renewable Energy Policies and Impacts

2019 ◽  
Vol 2 (2) ◽  
pp. 28 ◽  
Author(s):  
Tarek Safwat Kabel ◽  
Mohga Bassim
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Literature Review ◽  
Crucial Role ◽  
Carbon Emission ◽  
Job Creation ◽  
Tax Incentives ◽  
Renewable Portfolio Standard ◽  
Electricity Prices ◽  
Methodological Approaches

By 2017, 128 countries have adopted renewable energy support policies, compared to just 48 countries in 2005. These policies played a crucial role in helping countries to shift from conventional energy to renewable energy by overcoming the barriers facing the development of renewable energy. This paper reviews the studies, which outlined the policies used by different governments to support the development of renewable energy, which includes: Tax incentives, Loans, Feed-in tariff, and Renewable portfolio standard. The literature review covers different studies that examined the impacts of renewable energy on economic growth, job creation, welfare, CO2 emissions, electricity prices, and fuel imports. Researches have used different methodological approaches, different periods, and different countries to examine the impacts of renewable energy. The studies found that the policies used were essential to shift to renewable energy substantially reduced carbon emission, and the majority concluded that renewable energy has a positive correlation with economic growth, job creation and welfare

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.

The Characteristics of SMEs in Dubai and Their Impact on Innovation

2020 ◽  
pp. 146-157
Author(s):  
Mercy Veronica Chaita
Keyword(s):  
Economic Growth ◽  
Crucial Role ◽  
Small And Medium Enterprises ◽  
New Technology ◽  
Job Creation ◽  
Organizational Practices ◽  
Economic Success ◽  
Innovation Activities ◽  
Medium Enterprises

This chapter explores the extent and characteristics of small and medium enterprises (SMEs) in Dubai and their innovative practices. Within this context, considerable emphasis is placed on evaluating the propensity of these SMEs to adopt new technology. SMEs are significant to the local entrepreneurship and innovation activities as well as improving competitiveness. Furthermore, these enterprises play a crucial role in job creation and are fundamental to economic growth. The connection between economic success in SMEs is fundamental since these firms are able to incorporate innovation into their operations and organizational practices.

scholarly journals Analysis of Energy-Related Carbon Emissions in Inner Mongolia, China

2019 ◽  
Vol 11 (24) ◽  
pp. 7008
Author(s):  
Sheng-Wen Tseng
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Co2 Emissions ◽  
Emission Intensity ◽  
Inner Mongolia ◽  
Carbon Emission ◽  
Economic Structure ◽  
Renewable Energy Policy ◽  
Intensity Factors ◽  
Industrial Sectors

Inner Mongolia has shown both rapid economic growth and a large renewable energy base, this has come about by the introduction of the “Western Development” strategy and renewable energy policy of the Chinese Government. However, this has led to a contradictory situation where both high carbon emission and reduction exist together. The average economic growth of Inner Mongolia reached 15.76% between 2006 and 2016, which caused huge CO2 emissions. However, promotion of the renewable energy policy (since 2005) resulted in an energy self-sufficiency rate that reached 270.80% by 2016. In this study of the Inner Mongolia carbon emission situation, the logarithmic mean divisia index (LMDI) model was used to analyze the factors affecting carbon emission fluctuations from 2005 to 2016. The decoupling elasticity index was then used to measure the decoupling effect of the economic growth and carbon emissions. The results of this research show that: firstly, CO2 emissions increased rapidly from 651.03 million tons in 2006 to 1723.24 million tons in 2013. Despite a slight decline in CO2 emissions, a level above 1600 million tons was maintained between 2014 and 2016. Secondly, the industry sector was the main source of CO2 emissions in Inner Mongolia, and coal-based fuel played a determining role. Thirdly, in this study, two important contributions were made, including the discovery of two new drivers: labor and emission intensity factors. Further, findings about the effect of the six industrial sectors, economic structure, energy density, and emission intensity factors were also decomposed. It was found that during research period, the population factor, labor factor, and labor productivity factor all had a positive influence on CO2 emissions, whereas the economic structure factor and emission intensity factor had different impacts on the CO2 emissions depending on the particular industrial sector. Furthermore, the energy intensity of six industrial sectors contributed to the decrease in aggregate CO2 emissions. Finally, in this study, it was also found that economic growth and CO2 growth in Inner Mongolia presented a weak decoupling state. Policy recommendations based on these results have been presented.

scholarly journals Renewable Energy Consumption and Local Environmental Effects for Economic Growth: The Role of Financial Development and Foreign Direct Investment

2021 ◽  
Author(s):  
Itbar khan ◽  
lei han ◽  
Hayat khan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Environmental Quality ◽  
Low Income ◽  
Carbon Emission ◽  
Renewable Energy Consumption ◽  
Middle Income ◽  
Income Groups

Abstract The use of renewable energy improves environmental quality by reducing carbon emission and influence economics growth where carbon emission also effect economic growth of a country. The economic theory of tourism also indicates that tourism development enhance economic growth though spillovers as well contribute to climate change. The inflow of FDI and financial development enhance economic growth however its also effect environmental quality. Based on the ongoing debate, the present research trying attempts to explore the effect of CO2 emission and renewable energy consumption, FDI and financial development on economic growth in different income grouped countries to know whether these impacts are the same for the low income, middle income and high income countries on economic growth? Using panel data for high income, low income & middle income countries for the period of 1980–2018, the current study found that all variables effect economic growth significantly where FDI and carbon emission are positive while renewable energy consumption and financial development are negative for economic growth in the whole sample while its differ in the income groups. These studies have shown that these variables are not the same as the economic growth of economic growth and different income groups are not the same, but it changes. In addition, the foundation of this study has a great deal of recommendations for income Group economic decision make-up.

scholarly journals DAMPAK IMPLEMENTASI MANDAT KONSUMSI BAHAN BAKAR NABATI TERHADAP PEREKONOMIAN INDONESIA

2018 ◽  
Vol 1 (1) ◽  
pp. 62-78
Author(s):  
Sugiyono Sugiyono ◽  
Rina Oktaviani ◽  
Dedi Budiman Hakim ◽  
Bustanul Arifin
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Food Security ◽  
Energy Security ◽  
Policy Implication ◽  
Household Income ◽  
Carbon Emission ◽  
Job Creation ◽  
Long Run ◽  
Mitigate Climate Change

Before 2006, biofuel mandate consumption was expected to contribute to increase economic growth and job creation, decrease poverty, mitigate climate change, and improve energy security. The objective of the study is an analysis of implementation of biofuel mandate in Indonesian economy. This research applied the long run of Recursive Dynamic General Equilibrium (RDGE) model by Indonesian Forecasting. Three simulations are used to increase of biofuel demand, seconds to increase of biofuel agriculture land expansion, deforestation, and rise fixed capital, and to last change agricultural and biofuel productivity. The policy of biofuel mandate implementation is effectively to increase economic growth, rise household income, and improve carbon emission, but less effective to built food security and feed, decline employment by industri for non biofuel agriculture, and descend forest and other forest outputs in Indonesia. The policy implication is to increase output for non biofuel agriculture by rising productivity and policy of import and inflation targetting to take sides for welfare farmer’s and food employee’s.  Keywords: Biofuel, RDGE, food security, carbon emission

scholarly journals Institutions Powers, financial development and environmental factors influence on Carbon emission: Evidence from a Global Perspective

2021 ◽  
Author(s):  
hayat khan ◽  
Liu weili ◽  
itbar khan
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Financial Development ◽  
Environmental Quality ◽  
Direct Investment ◽  
Carbon Emission ◽  
Generalized Method Of Moments ◽  
Institutional Quality ◽  
Global Perspective

Abstract This study explores the moderating power of institutional quality on carbon emission through renewable energy consumption, foreign direct investment, economic growth and financial development in the globe for the period of 2002 to 2019. By using two Step System Generalized Method of Moments, the results illustrate that renewable energy usage and foreign direct investment inflow enhance environmental quality while financial development and economic growth lowers environmental quality in the panel. The results shows that quality institutions in countries are still not yet adequate to defend the harmful impact of every environmental factor and protect environment however, the interaction term of institutional quality confirms the significant moderating effect of all explanatory variables on environmental quality in the panel. The findings also confirm the existence of Environmental Kuznets Curve and evidence the pollution halo hypothesis. The findings of this paper can be useful for policy makers whereas conducting stricter environmental regulation.

scholarly journals Efeito do Incremento da Produção de Energias Renováveis Intermitentes nos Preços da Eletricidade

2021 ◽  
pp. 73-83
Author(s):  
Blandina C. R. Oliveira ◽  
Adelino Fortunato
Keyword(s):  
Renewable Energy ◽  
Electricity Market ◽  
Market Price ◽  
Order Effect ◽  
Retail Market ◽  
Electricity Prices ◽  
Methodological Approaches ◽  
Generation Costs ◽  
The Cost ◽  
Renewable Energy Generation

Despite increasing deployment of intermittent renewable energies at lower generation costs, wholesale electricity price has been falling while retail electricity prices go up. This has triggered the debate on the cost-effectiveness of this source of energy. Therefore, the aim of this paper is to present a literature survey on the effect of intermittent renewable energy generation on electricity prices. Researches have used different methodological approaches, different periods and countries to examine the impacts of intermittent renewable energy on electricity prices. Most of the studies found evidence of the merit-order effect, which means that an increase in intermittent source generation would reduce the spot electricity market price. Finally, the few studies that address the retail market found that retail electricity could either increase or decrease.

Sign in / Sign up

Export Citation Format

Share Document