• Energy Research
• Open Access close
• Closed Access close
• Open Source close
• 8. Economic growth close
• GB close
• FI close

With the aim to fully exploit the by-products obtained after the industrial extraction of starch from sweet potatoes, a cascading approach was developed to extract high-value molecules, such as proteins and pectins, and to valorize the solid fraction, rich in starch and fibrous components. This fraction was used to prepare new biocomposites designed for food packaging applications. The sweet potato residue was added to poly(3-hydroxybutyrate-co-3-hydroxyvalerate) in various amounts up to 40 wt % by melt mixing, without any previous treatment. The composites are semicrystalline materials, characterized by thermal stability up to 260 °C. For the composites containing up to 10 wt % of residue, the tensile strength remains over 30 MPa and the strain stays over 3.2%. A homogeneous dispersion of the sweet potato waste into the bio-polymeric matrix was achieved but, despite the presence of hydrogen bond interactions between the components, a poor interfacial adhesion was detected. Considering the significant percentage of sweet potato waste used, the biocomposites obtained show a low economic and environmental impact, resulting in an interesting bio-alternative to the materials commonly used in the packaging industry. Thus, according to the principles of a circular economy, the preparation of the biocomposites closes the loop of the complete valorization of sweet potato products and by-products.

This study examines the impact of oil price uncertainty on mergers and acquisition (M&A) activity in the oil and gas sector. Analyzing this industry enables us to construct a natural forward-looking measure of oil price uncertainty, namely the implied crude oil volatility. Using a sample of U.S. firms in the oil and gas sector from 1994–2018 containing 4,323 announced transactions, we document that oil price uncertainty is negatively related to future M&A activity. Uncertainty is mainly a driver of horizontal and vertical M&A activity, where upstream firms are more affected by this uncertainty than downstream firms. Our results lend support to a real options explanation of investment under uncertainty where firms choose to defer investments as a response to increased uncertainty.

SummaryEnvironmentally extended multiregional input‐output (EE MRIO) tables have emerged as a key framework to provide a comprehensive description of the global economy and analyze its effects on the environment. Of the available EE MRIO databases, EXIOBASE stands out as a database compatible with the System of Environmental‐Economic Accounting (SEEA) with a high sectorial detail matched with multiple social and environmental satellite accounts. In this paper, we present the latest developments realized with EXIOBASE 3—a time series of EE MRIO tables ranging from 1995 to 2011 for 44 countries (28 EU member plus 16 major economies) and five rest of the world regions. EXIOBASE 3 builds upon the previous versions of EXIOBASE by using rectangular supply‐use tables (SUTs) in a 163 industry by 200 products classification as the main building blocks. In order to capture structural changes, economic developments, as reported by national statistical agencies, were imposed on the available, disaggregated SUTs from EXIOBASE 2. These initial estimates were further refined by incorporating detailed data on energy, agricultural production, resource extraction, and bilateral trade. EXIOBASE 3 inherits the high level of environmental stressor detail from its precursor, with further improvement in the level of detail for resource extraction. To account for the expansion of the European Union (EU), EXIOBASE 3 was developed with the full EU28 country set (including the new member state Croatia). EXIOBASE 3 provides a unique tool for analyzing the dynamics of environmental pressures of economic activities over time.

River deltas and estuaries are disproportionally-significant coastal landforms that are inhabited by nearly 600 M people globally. In recent history, rapid socio-economic development has dramatically changed many of the World's mega deltas, which have typically undergone agricultural intensification and expansion, land-use change, urbanization, water resources engineering and exploitation of natural resources. As a result, mega deltas have evolved into complex and potentially vulnerable socio-ecological systems with unique threats and coping capabilities. The goal of this research was to establish a holistic understanding of threats, resilience, and adaptation for four mega deltas of variable geography and levels of socio-economic development, namely the Mekong, Yellow River, Yangtze, and Rhine deltas. Compiling this kind of information is critical for managing and developing these complex coastal areas sustainably but is typically hindered by a lack of consistent quantitative data across the ecological, social and economic sectors. To overcome this limitation, we adopted a qualitative approach, where delta characteristics across all sectors were assessed through systematic expert surveys. This approach enabled us to generate a comparative assessment of threats, resilience, and resilience-strengthening adaptation across the four deltas. Our assessment provides novel insights into the various components that dominate the overall risk situation in each delta and, for the first time, illustrates how each of these components differ across the four mega deltas. As such, our findings can guide a more detailed, sector specific, risk assessment or assist in better targeting the implementation of risk mitigation and adaptation strategies.

In an idealised industrial ecosystem (IE), firms and organisations utilise each other's material and energy flows including wastes and by-products to reduce the system's virgin material and energy input as well as the waste and emission output from the system as a whole, and contribute to sustainable development (SD). IE complements the more conventional individual flow, product, process, organisation, individual actor or sector-focused environmental management approaches and tools with network or systems level approaches. The first research objective of this paper is to construct indicators for IE. The second task is to test the use of these indicators with "what if?" material and energy flow scenarios for the energy and waste system of Satakunta region in Finland including 28 municipalities. Using literature analysis as a source, we arrive at environmental indicators of carbon dioxide (CO2) equivalents, and at economic indicators of fuel, energy and waste management costs and revenues. The social indicators show the employment effects of the waste management system. The scenarios analyse the current situation (0-scenario) against alternative situations in the future. The future scenarios are developed according to the known and anticipated trends in international and national policy and legislation. The indicator application in the scenarios produces social, environmental and economic effects of waste management in four categories: direct negative, direct positive, indirect negative and indirect positive. Industrial ecosystem theory emphasises the utilisation of wastes as a resource with value alongside the objective of reducing waste. Therefore, the indirect positive effects of waste management are important, as well as the conventional focus of waste management, which has usually been on direct positive effects. The main difficulties in our argument are the system boundary definition, the qualitatively different nature of environmental, economic and social effects and indicators as well as the lack of qualitative or interview data on the preferences and interests of the actors involved.

AbstractMany developing countries are facing the difficulty of choosing between economic growth and energy conservation and emission reduction (ECER). China has strengthened the implementation of ECER by setting environmental accountability as the development goal of local governments, hoping to have better governance effects. To evaluate the actual intervention effect of this approach, this paper constructs panel data covering 46 countries from 1995 to 2014 and uses the difference-in-differences (DID) method and the composite control method to quantitatively analyse the policy effect. The results show that China can effectively curb energy consumption and carbon emission intensity per unit of GDP by adding ECER targets to the government’s five-year plan, which has significant effects on ECER. Furthermore, we use an intermediary mechanism to test and identify low-carbon alternatives and an ECER promotion mechanism for technological advancement. The conclusion shows that economic development is compatible with low carbon and energy consumption. Combined with China’s long-term goals for ECER, it can be considered that on the road to achieving carbon peaking and carbon neutrality in the future, the economy and tertiary industry should be rationally developed, the degree of urbanization should receive more attention, and the proportion of thermal power generation should be reduced.