scholarly journals Trade Impacts on Embodied Carbon Emissions—Evidence from the Bilateral Trade between China and Germany

2020 ◽  
Vol 17 (14) ◽  
pp. 5076
Author(s):  
Jiajia Li ◽  
Abbas Ali Chandio ◽  
Yucong Liu
Keyword(s):  
Emerging Economies ◽  
Carbon Emissions ◽  
Bilateral Trade ◽  
Empirical Studies ◽  
Carbon Intensity ◽  
Policy Makers ◽  
Embodied Carbon ◽  
Increasing Trend ◽  
Embodied Carbon Emissions

This article attempts to investigate the impacts of bilateral trade on the environment by estimating the embodied carbon emissions between China and Germany over the period 1999–2018. The above impacts are broadly explored in the literature both under the framework of theoretical and empirical analysis. However, there exist fewer empirical studies exploring the nonlinear relationship between trade volumes and carbon emissions between a well-developed and emerging economies. By applying the multiregional input-output (MRIO) model, this article aims to reveal the impacts of trade on the environment in the case of China–Germany. Specifically, trade amounts between China and Germany rank high with a similarly increasing trend and both of them are large net exporting countries. However, China experienced much larger carbon emissions embodied in its exports to Germany. Despite potential concerns on the carbon leakage issue of China from Germany, we find that the bilateral trades fit an inverse U-shape in the embodied carbon emissions, which suggests that the trade between the two countries can finally reduce carbon intensity without obstructing economic development particularly in the long-term. This paper guides policy-makers to quantify the issue of CO2 transfer among bilateral trades in order to achieve the target of trading sustainability.

Financial Inclusion and CO2 Emissions in Asia: Implications for Environmental Sustainability

2021 ◽  
Author(s):  
Shahzad Hussain ◽  
Tanveer Ahmad ◽  
Syed Jawad Hussain Shahzad
Keyword(s):  
Carbon Emissions ◽  
Environmental Sustainability ◽  
Principal Component ◽  
Financial Inclusion ◽  
Causality Test ◽  
Policy Makers ◽  
Long Term Impact ◽  
Sustainable Economic Growth ◽  
The Relationship

Abstract We examine the relationship between financial inclusion and carbon emissions. For this purpose, we develop a composite indicator of financial inclusion based on a broad set of attributes through principal component analysis (PCA) for 26 countries in the Asia region. Our robust panel regression analysis reveals a significant positive long-term impact of financial inclusion on carbon emissions. The pairwise causality test reveals unidirectional long-term causality running from financial inclusion to carbon emissions. The study suggests that policy makers may design policies that integrate accessible financial systems into climate change adaptation strategies in order to neutralize the side effect of financial inclusion deteriorating environmental quality and inclusive sustainable economic growth. JEL ClassificationO16; O44, Q54

Fair Share of Supply Chain Responsibility for Low Carbon Manufacturing

2016 ◽  
pp. 235-266
Author(s):  
Yu Mei Wong
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Carbon Emissions ◽  
Accurate Information ◽  
Low Carbon ◽  
Embodied Carbon ◽  
Carbon Emissions Reduction ◽  
Consumer Responsibility ◽  
Embodied Carbon Emissions ◽  
Sharing Responsibility

Large amounts of carbon emissions and pollution are generated during the manufacturing process for consumer goods. Low carbon manufacturing has been increasingly enquired or requested by stakeholders. However, international trade blurs the responsibility for carbon emissions reduction and raises the questions of responsibility allocation among producers and consumers. Scholars have been examining the nexus of producer versus consumer responsibility among supply chains. Recently, there have been discussions on the share of producer and consumer responsibility. Both producer and consumer responsibility approaches have intrinsic shortcomings and are ineffective in curbing the rise of carbon emissions in supply chains. Shared responsibility based on the equity principle attempts to address these issues. This chapter relates a case study of carbon impact on China's export and economy with scenarios which show that the benefits of carbon reduction by producers can trickle down along the supply chain and motivate the sharing responsibility under certain circumstances. The share of producer and consumer responsibility for low carbon manufacturing can be enabled when embodied carbon emissions in goods and services are priced and such accurate information is available. A mechanism engaging the global participation is recommended. The author calls for further research on the system pricing embodied carbon emission, the universal standard to calculate the embodied carbon emissions and to disclose the information, and the way to secure global cooperation and participation.

scholarly journals Carbon Risk Analysis Of The South African Banks’ Lending To The JSE100 CDP Companies

2015 ◽  
Vol 5 (4) ◽  
pp. 123-137
Author(s):  
Alfred Bimha
Keyword(s):  
Climate Change ◽  
South Africa ◽  
South African ◽  
Carbon Emissions ◽  
Stock Exchange ◽  
Public Information ◽  
Economic Transformation ◽  
The Other ◽  
Carbon Intensity

There is a pertinent concern over the continued lending to companies that are still pursuing projects that increase the amount of carbon emissions in the atmosphere. South Africa has most of its energy generation being done through coal thermal powered turbines. More so there are a number of new power stations being built in South Africa that are coal powered. Coal on the other hand is deemed as having the highest amount of carbon that contributes to the greenhouse effect which in turn affects the climate leading to climate change consequences. There is also a growing concern on the uptake of renewable energy initiatives by companies that are deemed carbon intensive. Banks are being castigated for not using their economic transformation role to champion the agenda of combating climate change caused by carbon emissions. In this study, the extent of lending in the short and long term to carbon intensive companies by South African banks is examined. Using a sample of the Johannesburg Stock Exchange top 100 companies that participate in Carbon Disclosure Project, an analysis is done through four carbon metrics –carbon intensity, carbon dependency, carbon exposure, carbon risk. The analysis used public information from the banks’ websites, South African Reserve Bank reports and other public databases that contain sustainability information of the JSE100 companies. The analysis was done by comparing the carbon metrics of the recognized seven (7) sectorial industry catergories (SIC) on the JSE, mainly Energy & Materials, Industrials, Consumer Staples, Consumer Discretionary, Financials, IT & Telecoms and Health Care. The major finding of the research is that there is a high carbon risk in short term loans compared to long term loans across the JSE100 companies that are analysed. More so, the Energy & Materials sector seem to have the highest carbon risk compared to the other sectors.

scholarly journals The driving force effect of trade embodied carbon emissions and embodied SO2 emissions transferred in resources-rich areas: A case study of Shanxi province

2021 ◽  
Author(s):  
Jinghui Wu
Keyword(s):  
Scale Effect ◽  
Carbon Emissions ◽  
Final Demand ◽  
Structure Effect ◽  
Input Output ◽  
Embodied Carbon ◽  
Output Structure ◽  
Embodied Carbon Emissions ◽  
Sulfur Emissions ◽  
Strength Effect

Abstract SDA (Structural Decomposition Analysis) model was applied to analyze the driving factors of embodied carbon and SO2 emissions transferred in Shanxi during 2007–2012 based on the input-output model from the perspectives of region and industry. The results showed that the change of embodied carbon emissions and embodied SO2 emissions of Shanxi and other regions were hindered by the carbon (sulfur) emissions strength effect, but promoted by the intermediate (final) demand scale effect, the intermediate (final) structure effect and the input-output structure effect. The carbon emissions strength effect had a significant contribution to reducing the embodied carbon emissions transferred from industries in Shanxi to other regions. The intermediate (final) demand scale effect was the driving factor to increase the embodied carbon emissions transferred from industries in Shanxi to other regions. The sulfur emissions strength effect was the only factor that reduced the embodied SO2 emissions transferred from Shanxi to other industries. The change of embodied carbon emissions from industries in other regions to Shanxi was hindered by the carbon emissions strength effect, but the input-output structure effect and final demand scale effect both increased the embodied carbon emissions from industries in other regions to Shanxi. The change of the embodied SO2 emissions transferred from industries in other regions to Shanxi was inhibited by the sulfur emissions strength effect, but the input-output structure effect, the intermediate demand structure effect and the final demand scale effect were both the driving force effect of increasing the embodied SO2 emissions transferred from industries in other regions to Shanxi. The corresponding suggestions and measures were put forward.

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