The Role of Green Economics in Sustainability

2012 ◽  
Vol 1 (2) ◽  
pp. 43-50 ◽  
Author(s):  
Viktória Törocsik ◽  
Zoltán Egri
Keyword(s):  
Renewable Resources ◽  
Geothermal Energy ◽  
Energy Supply ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Legal Framework ◽  
Green Economy ◽  
Rural Planning ◽  
The Sustainable Development

The communal feature of the utilization of renewable energy sources, spread of technological innovations, and support of energy efficiency is that they all contribute to the sustainable development, the prosperous direction energy supply and through these to the creation of new workplaces. Hopefully in the future this will lead to economic growth, better competitiveness of the country, and the outset of rural planning. In the national respect from the renewable resources the exploitation of biomass, geothermal energy, wind, and solar energy can be guaranteed through the energy supply. As such, a suitable and extensive legal framework is needed, to ensure and track safe and clean energy. This study examines the important economic and environmental connection of the green economy.

Regulation of Electricity Storage, Intelligent Grids, and Clean Energies in an Open Market in Mexico

2018 ◽  
Author(s):  
José Juan González Márquez ◽  
Margarita González Brambila
Keyword(s):  
Energy Storage ◽  
Energy Supply ◽  
Carbon Dioxide Emission ◽  
Energy Transition ◽  
Legal Framework ◽  
Open Market ◽  
Innovative Strategy ◽  
Electricity Storage ◽  
Storage Technologies

This chapter analyses the role of electricity storage as an innovative strategy to attain the Mexican Government’s goals regarding carbon dioxide emission reduction and energy transition. The survey includes the analysis of the different electricity storage technologies as well as the legal framework governing electricity storage as the fifth link of the energy supply chain from a comparative perspective. The authors discuss whether energy storage is a generation or a distribution/transmission asset. The chapter also analyses Mexico’s experiences in energy storage and briefly describes the way it is regulated in other jurisdictions. Finally, the authors propose the regulation of energy storage as a separate licensed activity.

THE ROLE OF RENEWABLE ENERGY SOURCES IN REGIONAL TOURISM DEVELOPMENT

2009 ◽  
Vol 15 (1) ◽  
pp. 25-36
Author(s):  
Branko Blazevic
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Wind Power ◽  
Geothermal Energy ◽  
Renewable Energy Sources ◽  
Biomass Energy ◽  
Energy Sources ◽  
Regional Tourism ◽  
Regional Sustainable Development

In this paper, the author focuses on the fundamental hypothesis that the adoption of a concept of regional sustainable development and the use of renewable energy sources are preconditions to organising an acceptable regional tourism offering based on an eco-philosophy The renewable development of tourism regions is the basic framework for research regarding opportunities for introducing renewable energy sources such as hydro energy, wind power, solar energy, geothermal energy, and biomass energy. The purpose of this paper is to indicate the real opportunities that exist for substituting conventional energy sources with renewable ones and the role of renewables in regional development from economic, environmental and sociological viewpoints. It should also be noted that renewable energy sources have a strong regional importance and can contribute significantly to local employment.

Territorial Governance of EU Cross-Border Renewable Energy Cooperation: A Soluble or Turbulent Model in the Current Framework?

2021 ◽  
Vol 2 (1) ◽  
pp. 79-97
Author(s):  
Melis Aras
Keyword(s):  
Renewable Energy ◽  
Large Scale ◽  
Planning Process ◽  
Renewable Energy Sources ◽  
Local Level ◽  
Energy Transition ◽  
Clean Energy ◽  
Legal Framework ◽  
Development Planning ◽  
Cross Border

The energy transition in Europe requires not only the implementation of technological innovations to reduce carbon emissions but also the decentralised extension of these innovations throughout the continent, as demonstrated by the ‘Clean Energy for All Europeans’ package. However, decentralised energy generation, and specifically electricity generation, as it gives rise to new players and interactions, also requires a review of the energy planning process. In this sense, governance becomes the key concept for understanding the implementation of the energy transition in a territory. This is particularly visible in a cross-border setting, especially considering cross-border cooperation in the development of renewable energy sources (RES) provides the necessary elements to determine the criteria of local regulation between the different levels of governance. In light of the current legal framework in France, this paper presents the institutional framework of the multi-level governance of the RES development planning process. It concludes that it is quite conceivable for the rationales of governance at the local level (decentralisation) and the large-scale operation of a large interconnected network (Europeanisation) to coexist.

Analyzing the Efficiency of Renewable Energy Sources in Terms of Electricity Generation

2021 ◽  
pp. 155-176
Author(s):  
Talip Arsu
Keyword(s):  
Renewable Energy ◽  
Geothermal Energy ◽  
Energy Supply ◽  
Electricity Generation ◽  
Renewable Energy Sources ◽  
Biomass Energy ◽  
Energy Sources ◽  
Data Envelopment ◽  
Efficiency Determination ◽  
Energy Supply Security

Electricity generation, one of the renewable energy sources (RES), delivers a solution for various problems such as energy efficiency, energy supply security, reducing foreign dependency, and especially, environmental concerns. However, the solutions provided for these problems bring along the question of which RESs are produced more effectively. Therefore, in this research, RESs used for electricity generation in Turkey were analyzed by using generation data to show which one is more effective. Bi-objective multiple-criteria data envelopment analysis (BiO-MCDEA) method, a goal programming-based efficiency determination method, was used for the efficiency analysis conducted for five years between the years of 2014 and 2018. As a result of the analysis, geothermal energy came into prominence as the most effective RES for all of the years included in the solution. Geothermal energy was followed by biomass energy, wind energy, hydroelectric, and solar energy, respectively.

The Role of Green Sukuk for Sustainable Energy Production

2022 ◽  
pp. 42-55
Author(s):  
Hasan Dinçer ◽  
Serhat Yüksel ◽  
Hüsne Karakuş
Keyword(s):  
Renewable Energy ◽  
Financial Support ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Energy Sources ◽  
Technological Infrastructure ◽  
Energy Needs ◽  
Islamic Companies ◽  
Installation Cost

Renewable energy sources are clean energy sources that meet the energy needs in a sustainable way. Therefore, it is necessary to invest in renewable energy sources. However, there are some difficulties in renewable energy investments. It has problems such as high initial installation cost, underdeveloped technological infrastructure, and insufficient financial support. Several financial products are being developed in order to overcome the mentioned difficulties. In this context, the purpose of this study is to explain the role of green sukuk in the financing of renewable energy investments. Depending on this purpose, the study has been examined with a literature review. The production of renewable energy sources can be encouraged with green sukuk. However, green sukuk is an advantage for Islamic companies that want to realize environmental projects. On the other hand, it offers the opportunity to the environmentally friendly Islamic investors to evaluate their savings.

scholarly journals Green M&A Deals and Bidders’ Value Creation: The Role of Sustainability in Post-Acquisition Performance

2018 ◽  
Vol 11 (7) ◽  
pp. 96 ◽  
Author(s):  
Antonio Salvi ◽  
Felice Petruzzella ◽  
Anastasia Giakoumelou
Keyword(s):  
Renewable Resources ◽  
Corporate Image ◽  
Green Economy ◽  
Return On Assets ◽  
Acquisition Performance ◽  
Financial Outcomes ◽  
Energy Needs ◽  
Public Subsidies ◽  
External Growth

A transition to natural and renewable resources is deemed necessary to preserve the environment and satisfy future energy needs globally. In this context, green economy can be considered a viable alternative paradigm that preserves growth expectations while protecting the earth’s ecosystems.The objective of this study is to investigate whether “green” acquisitions represent a suitable way to support the green economy’s growth, given that public subsidies alone do not suffice. To this end, we analyse bidders’ post-acquisition performance (return on assets), based on data from the most recent deals, and try to decode whether bidders that “green” themselves find the potential to improve their financial performance and simultaneously enhance their corporate image.Results confirm that bidders opting for “green” deals can obtain better financial outcomes compared to firms that perform deals in other sectors. This implies that firms may favor such transactions both to foster their external growth and obtain better operating and financial results, while attributing a green identity to their corporate image and protecting the environment. These findings bestow and elevate confidence in the potential of relevant research, raising focus on unexplored Mergers and Acquisitions (M&A) aspects of growing interest among investors worldwide.

MAPPING THE FUTURE SUSTAINABLE COMPETITIVENESS RESOURCES: ASPECTS OF FORESTS OWNERSHIP

2010 ◽  
Vol 11 (4) ◽  
pp. 630-651 ◽  
Author(s):  
Audronė Balkytė ◽  
Kęstutis Peleckis
Keyword(s):  
Sustainable Development ◽  
Global Economy ◽  
Green Economy ◽  
The Sustainable Development ◽  
Policy Context ◽  
Europe 2020 ◽  
The Future ◽  
The One ◽  
Research Initiatives

Competitiveness race in the global economy, on the one side, and the acknowledgement of the sustainable development dimension, on the other side, brings Europe against extraordinary challenges but also to great opportunities. Mapping the future sustainable competitiveness creates a need for research initiatives to develop the new concept of competitiveness, with much of the research focusing on how sustainable development and competitiveness interact. The changing policy context, growing role of sustainable development, the transition to a green economy and the new European Union strategy Europe 2020 (2010) for smart, sustainable and inclusive growth leads to the “rethinking” of the main drivers of the sustainable competitiveness in the long prosperity and the future competitiveness leadership. The approach to natural resources, especially forests, as to the one of the future sustainable competitiveness resources, with the specific focus on its ownership is addressed in this article. Santrauka Lenktyniavimas del konkurencingumo pozicijos globalioje ekonomikoje ir vis didejantis darnaus vystymosi svarbos pripažinimas kelia Europai dideliu iššūkiu, o kartu atveria nauju galimybiu. Darnaus ateities konkurencingumo šaltiniu paieškos lemia naujas moksliniu tyrimu iniciatyvas, kuriomis būtu pletojama darnaus konkurencingumo koncepcija, apimanti darnaus vystymosi ir konkurencingumo saryši. Kintanti politine aplinka, didejanti darnaus vystymosi svarba, perejimas prie “žalios” ekonomikos ir nauja Europos Sajungos pažangaus, darnaus ir integracinio augimo strategija “Europa 2020” skatina iš naujo ivertinti pagrindinius ilgalaikio darnaus konkurencingumo šaltinius. Straipsnyje pletojamas požiūris i gamtos išteklius, ypač miškus, kaip i viena iš ateities darnaus konkurencingumo šaltiniu, kartu detalizuojant kai kuriuos mišku nuosavybes aspektus.

scholarly journals Strategies for Maritime Development: A case in Vietnam

2018 ◽  
Vol 3 (12) ◽  
pp. 14-19
Author(s):  
Xuan Phuong Nguyen ◽  
Phuoc Quy Phong Nguyen
Keyword(s):  
Renewable Resources ◽  
World Economy ◽  
Oil And Gas ◽  
Clean Energy ◽  
Marine Resources ◽  
Transportation Energy ◽  
Maritime Economy ◽  
The World ◽  
Demographic Growth

Strategic assessors of the 21st century are "The Century of the Ocean," because, along with current economic and demographic growth, natural resources, especially non-renewable resources on land, will be exhausted after several decades. The world economy is increasingly dependent on the sea and the ocean. About 70% of the world's industrial potential is in the 500km wide area of ​​the coast. The mineral, biological and marine resources of the oceans and oceans have an important implication for the world economy. Marine ecosystems are the most important resource with hundreds of thousands of animals, plants, and microorganisms. Sea is a diversified and abundant source of seafood, chemicals, salt, oil and gas, clean energy from the sea and oceans, wind, seawater, ocean currents, and the tide is being exploited for transportation, energy and countless other human benefits. The sea and the continental shelf are waterways that can develop tourism, sightseeing and recreation activities. The role of marine economics, including maritime economics, has become increasingly important and has been identified as a key sector for investment. This paper analyzes the advantages, limitations, and causes in maritime economic development, and draws on experiences to develop the maritime economy.

scholarly journals Sustainable Energy Development (SED) — New Path for Pakistan (The Allama Iqbal Lecture)

2013 ◽  
Vol 52 (4I) ◽  
pp. 289-308
Author(s):  
Mohan Munasinghe
Keyword(s):  
Sustainable Development ◽  
Rio De Janeiro ◽  
Sustainable Energy ◽  
Energy Development ◽  
Green Economy ◽  
The Sustainable Development ◽  
Earth Summit ◽  
Critical Problems ◽  
Development Goals

Following the 1992 Earth Summit in Rio de Janeiro, the 2002 World Summit on Sustainable Development (WSSD) in Johannesburg, and the 2012 Rio+20 Earth Summit in Rio de Janeiro, sustainable development has become a widely accepted concept. World decision makers are seeking a more sustainable development path through the ongoing UN Post-2105 Agenda discussions, which includes key themes like the Green Economy (GE) and the Sustainable Development Goals (SDG). They are hoping to find integrated solutions to many critical problems, including traditional development issues (such as energy scarcity, economic stagnation, poverty, hunger, and illness), as well as newer challenges (like climate change and globalisation). Energy is critical for sustainable development. Sustainable energy development (SED) is an operational framework involving the harnessing of energy resources for human use, in a manner that supports lasting development [Munasinghe (1995)]. We begin with a review of sustainable development itself, before describing the key role of energy. The World Commission on Environment and Development originally defined it as “development which meets the needs of the present, without compromising the ability of future generations to meet their own needs”, and there have been many subsequent redefinitions.

The CIS Common Library Space in the Context of Humanitarian Cooperation

2021 ◽  
Vol 70 (4) ◽  
pp. 343-351
Author(s):  
Natalia P. Igumnova
Keyword(s):  
Information Technologies ◽  
Legal Framework ◽  
Russian Language ◽  
Organizational System ◽  
The Sustainable Development ◽  
Common Interests ◽  
The Common ◽  
State Library ◽  
Cis Countries

The article reveals the scientific aspects and development practice of the common library space of the Commonwealth of Independent States (CIS CLS), which over 30 years has formed a system of its organization and mechanisms of functioning. There is reflected the role of libraries in solving the humanitarian problems of the Commonwealth. The article considers the CIS CLS as the main part of the Eurasian library space, and studies it as an independent system. There are highlighted the most important principles of building the CIS CLS. The article shows that during the period under study, the path of formation has been passed, and the circle of common interests and relevant areas of activity has been identified. There is formulated the regulatory and legal framework for the development of librarianship in the CIS countries, the model laws designed to harmonize the national legal documents. The formed organizational system of the CLS functioning includes the interrelated links — national libraries of the CIS, the Library Assembly of Eurasia, the Russian State Library as the basic organization for cooperation in the field of librarianship of the CIS member states, the scientific and practical journal “Herald of the Library Assembly of Eurasia”. The article identifies the priority areas of cooperation: building and preserving national library collections, ensuring open and equal access for users to local and world resources through the use of information technologies, promoting the best examples of national culture and literature, cultural and educational events and ethno-cultural library interaction. The author provides examples of the cooperation programs implementation.The article determines that for the sustainable development and stability of the CLS as a system of library interaction, it is necessary to constantly overcome the contradictions accumulated in it, make adjustments to the definition of common interests and organizational structure. The author concludes that the integration activities of CIS libraries to strengthen the CLS, with the unifying role of the Russian language, serves as the basis for the consolidated inclusion of libraries in the common humanitarian and cultural space of the CIS and in the world information space.

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