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The main objective of the paper was to determine the significance of particular methods of supporting women's entrepreneurship in Greater Poland. Five groups of such support have been identified: socio-cultural, promotional and informational, financial, institutional, consulting and training. This led to identifying gaps in existing support and to finding the most significant support for entrepreneurial women. The study revealed a discrepancy between the assessment carried out by experts, students and women entrepreneurs. Owners of enterprises’ opinions show that the available forms of support are not as useful as it might seem from the perspective of researchers and potential owners. There are also forms of support that are not used by the female owners.

This paper evaluated the environmental effects of socially responsible investments (SRIs) in European countries and analyzed the differentiation between them in terms of SRIs and selected features in the environmental dimension. The first section of the paper discusses contemporary trends in Europe and in certain European countries, whilst the second compares SR environmental investments and environmental factors in selected European countries from a multidimensional perspective. The aim of the study was to identify and evaluate these trends as well as to find similarities and differences between European countries, and subsequently to indicate groups of countries with similar approaches to pro-ecological investments. In order to solve the problem, descriptive and multidimensional statistical methods were used, namely correspondence analysis (CA). Although the research results clearly revealed upward tendencies in the volume of SR environmental investments in the analyzed period, they nonetheless represent a relatively low share in the total number of socially responsible investments. The overall growth in SRIs in Europe may have resulted from the more intense activities of policymakers in some countries as a consequence of concluding agreements reached during the 21st Conference of the Parties (COP21) in 2015. The results of the study also revealed no significant correlations between SR environmental investments and environmental variables among the European countries analyzed; hence, there is no substantial evidence that investors’ assets contribute to the improvement of the environment.

Abstract This study investigates the macroeconomic effects of adverse oil price shocks on a small oil-exporting economy — the Azerbaijan economy. We estimate a recursive (near) VAR model by using monthly macroeconomic data from 2006 to 2018. The results indicate the Azerbaijan economy is adversely influenced by an oil price decline. Specifically, we find that a negative oil price shock deteriorates trade balance, causes a currency depreciation, increases inflation and falls economic activity. Furthermore, our findings imply that the oil price-led devaluation shapes the inflationary and recessionary consequences of this shock.

In this study, we investigated the influence of overall financial development and its components on energy consumption using the panel data of 120 countries and the generalized method of moments (GMM). By dividing the sample into developed and developing countries, we further examined the national differences of the impact of financial development on energy consumption. The empirical results indicate that the overall financial development significantly positively impacts energy consumption from a worldwide perspective, and its two components (financial institution and the financial market) have the same effect. The analysis of national differences indicates that the financial development also positively impacts energy consumption in developing countries but with no obvious effect in developed countries. The results also suggest that financial development cannot be used to restrain the increase in energy consumption from the global perspective, and policymakers in developing countries must balance the relationship between the development of the financial sector and energy consumption.

Torrefaction is considered as a method for producing biofuels with improved characteristics compared to those of the “raw” biomass (higher calorific value, moisture resistance, better grindability). The torrefaction process is an endothermic process that is usually carried out in a gaseous atmosphere in the absence of oxygen. To reduce the required heat input, it is proposed to employ the oxidative torrefaction and conduct the process in a fluidized bed agitated with flue gases containing less than 6% oxygen. Preliminary studies of the oxidative torrefaction of sunflower husks, including thermogravimetric analysis of the treated material, have shown that the heat treatment time for the biomass should be at least 5 min. A fluidized bed is a reactor with ideal mixing of the treated material where uniform treatment of raw material particles cannot generally be attained. To overcome this disadvantage of the fluidization technique and achieve the required residence time for biomass in a fluidized bed during a continuous torrefaction process, it was proposed to equip a torrefaction reactor with a series of vertical baffles spaced at 50 mm. These baffles induce a loop-like flow of the processed biomass from the inlet to the outlet of the reactor. To investigate the residence time for husk particles in the reactor, a tracer, which was colored to husk particles' color with a water-soluble dye which did not change the weight and size of the particles, was injected into the bed of uncolored particles. Tracer samples were taken every 30 s at the outlet of the reactor and were analyzed using a special procedure to determine the fraction of colored particles in each sample. This enabled us to gauge the time during which the colored particles injected into the fluidized bed reached the point of their discharge from the bed. Studies performed in a “cold” model of the reactor showed that a series of vertical baffles in the bed can provide the required residence time for biomass in a reactor including commercial reactors. Plates can provide the necessary biomass residence time in the reactor.

Oil palm empty fruit bunches (EFB) were pretreated by aqueous ammonia soaking for ethanol production. Pretreated EFB, which were pretreated at the optimal conditions of 60 °C, 12 h, and 21% (w/w) aqueous ammonia, showed 19.5% and 41.4% glucose yields during an enzymatic digestibility test for 96 h when using 15 and 60 FPU of cellulase, respectively. Using the pretreated EFB, simultaneous saccharification and fermentation for 168 h with 5% (w/v) glucan loading and 60 FPU of cellulase and 30 CBU of β-glucosidase per gram glucan resulted in ethanol production of 18.6 g/L titer, 65.6% of theoretical maximum yield, and 0.11 g/L/h of productivity.

Acidogenic anaerobic fermentation route was explored for the production of bioethanol and volatile fatty acids (VFA) from the press mud (PM) obtained from sugar mill. Slurry was prepared from PM having 10% of total solids and the same was hydrolyzed under acidic thermal conditions. Both press mud slurry (PMS) and pre-treated press mud slurry (PTPMS) was used as feedstock with mixed microbial consortia (MMC) and enriched mixed microbial consortia (EMMC). Mix of bioethanol and VFA were obtained in all the four cases (PMS-MMC, PMS-EMMC, PTPMS-EMC and PTPMS-EMMC), but, bioethanol and VFA yield of 0.04 g/g and 0.27 g/g, respectively obtained from PTPMS with EMMC was found to be comparatively higher. Control experiments carried out with glucose yielded bioethanol and VFA of 0.042 g/g and 0.28 g/g, respectively demonstrating that the organism was using reducible sugars in the feedstock for the generation of bioethanol by simultaneously producing the VFA from COD.

Microwave-assisted alkali pre-treatment of wheat straw and its enzymatic hydrolysis were investigated and compared with the conventional alkali pre-treatment process. First, the effect of microwave power and pre-treatment time on the weight loss and composition of wheat straw was examined. The results show that the higher microwave power with shorter pre-treatment time and the lower microwave power with longer pre-treatment time had the same effect on the weight loss and composition at the same energy consumption. The comparison was then made between the effect of the microwave-assisted alkali pre-treatment and the conventional alkali one on the weight loss and composition of wheat straw. The wheat straw had a weight loss of 48·4% and a composition of cellulose 79·6%, lignin 5·7% and hemicellulose 7·8% after 25 min microwave-assisted alkali pre-treatment at 700 W, compared with a weight loss of 44·7% and a composition of cellulose 73·5%, lignin 7·2% and hemicellulose 11·2% after 60 min conventional alkali pre-treatment. The microwave-assisted alkali pre-treatment removed more lignin and hemicellulose from wheat straw with shorter pre-treatment time compared with the conventional alkali one. Finally, the enzymatic hydrolysis of pre-treated wheat straw (substrate concentration 50 g l−1, enzyme loading 20 mg g−1 substrate) was also investigated and the results indicate that the microwave-assisted alkali pre-treated wheat straw had higher hydrolysis rate, reducing sugar concentration and glucose content in the hydrolysate than the conventional alkali pre-treated one. Microwave-assisted alkali pre-treatment is a potential alternative of wheat straw pre-treatment for its enzymatic hydrolysis.