• Energy Research
• 1. No poverty close

The purpose of this paper is to research the relation among environmental quality and renewable energy in the RECAI country group. The study used per capita CO2 emission, energy intensity, and Aggregate National Savings as a measure of environmental quality. Other variables used in the study are renewable energy consumption, fossil fuel consumption, GDP per capita, and foreign direct investments. In the study, three different models to see different environmental quality indicators by panel quantile method for 19202090-. According to the results obtained, unlike other models, renewable energy consumption in model 1 positively affects energy intensity in all quantiles. In other words, renewable energy consumption negatively affects environmental quality. In model 1 and model 3, the coefficients of fossil fuel consumption were positive and negative, respectively. Unlike model 2, the coefficient estimates of fossil fuel consumption in model 3 were predominantly negative. Fossil fuel consumption shows a positive effect on environmental quality, which is similar to model 1. Economic growth negatively affects environmental quality in all models. There is a one-way causal relationship from renewable energy consumption to energy intensity and energy intensity to growth.

In this paper, we use financial data of Chinese listed companies from 2010 to 2020 to explore the relation between working capital financing structure and firm value under certain monetary policy and macro economy situation. We find that when monetary policy expands, the use of aggressive working capital financing structure is conducive to value maximization; when the macroeconomic situation is good, the aggressive working capital financing structure helps to improve firm value. Further study finds that monetary policy expansion urges firms to use more short-term debt to cut capital cost, and better macroeconomic situation can cut firm’s bankrupt cost to bring down working capital financing structure and improve firm value.

In India, collective farming by Women’s Groups (WGs) was introduced as a strategy to improve needy women’s livelihood alternatives. The study was performed in Raipur district of Chhattisgarh. Three villages were chosen from two selected blocks viz.,Arang and Dharsiwa, and five women groups were selected from each village. Most of the women members of women’s groups were in the middle age category. More than one-third of the women members had education up to middle school level. About fifty percent of the women members had medium family size and almost ninety-six percent of the respondents were married. Nearly 70 percent of the women member of women’s groups had marginal (<2.5 acres) landholdings. Sixty percent of the respondents had medium level of annual family income. Nearly sixty-eight percent of women members did not receive any training. Majority of the members of women’s groups had medium level of participation in extension and mass media activities.

Abstract A key challenge of the twenty-first century will be to combine post-carbon economic transition with socioecological healing of the legacy damages concatenating from the fossil fuel era. What political and knowledge structures do we need to create integrated solutions to both of these challenges? In this paper, we draw lessons from grassroots social and environmental justice movements in Appalachia that seek post-coal economic transition. This article is in two parts. The first part analyzes participatory action research on regional economic transition conducted by the economic transition team of the Alliance for Appalachia (a regional coalition of sixteen grassroots organizations) from 2013 through 2015. Part 2 of this article looks at the Alliance’s work from 2016 to the present (and will appear in a future issue of this journal).

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.

The COVID-19 pandemic has impacted all sectors of the tourism industry, particularly air transportation. However, air transport remains an important contributor to economic growth globally. Thus, this study examines whether air transport (a proxy for tourism) stimulates economic growth to validate the air-transportation-led growth hypothesis (ALGH) in the Australian context. To conduct the study, we analyse the asymmetric long-run and short-run impacts of the air passengers carried (a proxy for tourism) on the gross domestic product (GDP) in Australia. We use the nonlinear autoregressive distributed lag (NARDL) modelling approach on data for Australia from 1971 to 2019. We also examined the effects of selected control variables (i.e., energy consumption, financial development, socialisation, and urbanisation) on economic growth. In both the short and long run, we observed statistically significant asymmetric impacts of air transport on economic growth. The positive shocks in air transport propel the long-term growth of Australia’s economy. Additionally, according to the findings, negative shocks of air transport have a stronger detrimental impact on economic development than positive shocks.

Abstract Research background: The relationship between the economy and the environment is one of the most frequently encountered issues recently. Today the issue of environmental sustainability is one of the problems faced by countries. Purpose: This study, it is aimed at investigating the relationship between economic and environmental variables. Research methodology: The existence of the environmental Kuznets curve theory, in other words, the inverted U-connection between per capita carbon dioxide emissions, per capita ecological footprint, and per capita GDP in the examples of 10 developing countries is examined. We analyzed annual balanced panel data covering the period 1992–2014 for an inverted U-link between carbon dioxide emissions and ecological footprint and per capita GDP. Westerlund’s cointegration test was applied as a cointegration test. The Common Correlated Effects Mean Group (CCEMG) and Augment Mean Group (AMG) estimator methods were applied for long-term parameter estimation. The Dumitrescu and Hurlin causality test was applied to determine the causal connections. Results: As a result of the study, a positive and significant effect of electricity consumption on carbon dioxide emission was determined in the long term in the model where the ecological footprint is the dependent variable. In the environmental Kuznets curve hypothesis, an inverted U-shaped relationship was determined. That is, the results confirming the existence of the environmental Kuznets curve have been determined. Finally, bidirectional causal links between carbon emissions and economic growth, between carbon dioxide emissions and the square of economic growth, and between carbon dioxide emissions and electricity consumption; It is observed between the ecological footprint and economic growth, between the ecological footprint and the square of economic growth, and between the ecological footprint and electricity consumption. It is expected that this article will make a significant contribution to the literature with the important results obtained by using both an ecological footprint and carbon dioxide emission as dependent variables. Novelty: In this study, unlike other studies, two models were created with both CO2 emissions and the ecological footprint data as environmental variables.

Iran, endowed with abundant renewable and non-renewable energy resources, particularly non-renewable resources, faces challenges such as air pollution, climate change and energy security. As a leading exporter and consumer of fossil fuels, it is also attempting to use renewable energy as part of its energy mix toward energy security and sustainability. Due to its favorable geographic characteristics, Iran has diverse and accessible renewable sources, which provide appropriate substitutes to reduce dependence on fossil fuels. Therefore, this study aims to examine trends in energy demand, policies and development of renewable energies and the causal relationship between renewable and non-renewable energies and economic growth using two methodologies. This study first reviews the current state of energy and energy policies and then employs Granger causality analysis to test the relationships between the variables considered. Results showed that renewable energy technologies currently do not have a significant and adequate role in the energy supply of Iran. To encourage the use of renewable energy, especially in electricity production, fuel diversification policies and development program goals were introduced in the late 2000s and early 2010s. Diversifying energy resources is a key pillar of Iran’s new plan. In addition to solar and hydropower, biomass from the municipal waste from large cities and other agricultural products, including fruits, can be used to generate energy and renewable sources. While present policies indicate the incorporation of sustainable energy sources, further efforts are needed to offset the use of fossil fuels. Moreover, the study predicts that with the production capacity of agricultural products in 2018, approximately 4.8 billion liters of bioethanol can be obtained from crop residues and about 526 thousand tons of biodiesel from oilseeds annually. Granger’s causality analysis also shows that there is a unidirectional causal relationship between economic growth to renewable and non-renewable energy use. Labor force and gross fixed capital formation cause renewable energy consumption, and nonrenewable energy consumption causes renewable energy consumption.