scholarly journals The Cop21 Agreement: A Giant Illusion?

2016 ◽  
Vol 2 (1) ◽  
pp. 34
Author(s):  
Jan-Erik Lane
Keyword(s):  
Economic Growth ◽  
Energy Source ◽  
Renewable Energy ◽  
Policy Implementation ◽  
Greenhouse Gases ◽  
Policy Sciences ◽  
Implementation Gap ◽  
Aaron Wildavsky

<p class="Standard"><em>The policy sciences, enquiring into the making and implementation of public decisions, has made several stunning findings that are highly relevant to the COP21 Agreement or Treaty if you so wish. They constitute the so-called “implementation gap” or the “hiatus of policy implementation”, analysed by late American Aaron Wildavsky and also Paul Sabatier. The enormous enthusiasm for the COP21 framework must be dampened when confronted with the lessons from policy implementation, especially in such an extremely decentralised approach taking place over so many years. But the signatories have to decide now how to halt the increase in greenhouse gases (GHG), especially the CO2:s in order to start decreasing them, hopefully (naively) to zero in 80 years. As the emergence of economically viable renewable energy is slow, the only quick solution is to remove coal as an energy source. That would resolve the star economist Jeffrey Sachs dilemma that decarbonisation would result in negative economic growth.</em></p>

scholarly journals Does the Increase in Renewable Energy Influence GDP Growth? An EU-28 Analysis

Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 4762
Author(s):  
Daniela Nicoleta Sahlian ◽  
Adriana Florina Popa ◽  
Raluca Florentina Creţu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Greenhouse Gases ◽  
Negative Impact ◽  
Gdp Growth ◽  
Panel Analysis ◽  
Renewable Sources ◽  
Per Capita ◽  
Near Future ◽  
The Eu

The aim of our study was to analyze whether the increase in the use of renewable energy can help GDP growth. The research carried out shows that renewable energy has the ability to decrease or neutralize the negative impact of greenhouse gases (GHG), but also to maintain economic growth. We focused our analysis on the EU-28 as we know that the EU Commission’s aim, in the near future, is to join forces to reduce the GHG used and move to renewable sources. We used a panel analysis with data between 2000 and 2019 from all Member States, and our results showed that their economic growth is influenced positively by the production of renewable energy, the GHG per capita, and the GHG intensity per GDP.

scholarly journals Policy Insight from Renewable Energy, Foreign Direct Investment (FDI) and Urbanization towards Climate Goal: Insight from Indonesia

2022 ◽  
Author(s):  
Edmund Ntom Udemba ◽  
Lucy Davou Philip
Keyword(s):  
Economic Growth ◽  
Energy Source ◽  
Renewable Energy Source ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Causal Relationship ◽  
Granger Causality ◽  
Direct Investment ◽  
Carbon Emission ◽  
Fossil Fuels

Abstract This is an expository study towards ascertaining the ability of Indonesia in mitigating carbon emission. Indonesia is positioned as among the best performing economies in Southeast Asia because of its vigorous fiscal management and sustained economic growth over the years. The country’s foreign investment inflow increased to 14% in 2019, largely in gas, electricity, water, and transportation because of the viability of its macroeconomic reforms. To test the environmental implication of this macroeconomic performance of Indonesia and to see its ability to achieve carbon neutrality, we adopt Indonesian quarterly data of 1990Q1- 2018Q4 for empirical analysis. Relevance Instruments in the economic performance of Indonesia such as urbanization, foreign direct investment (FDI) and renewable energy source are all adopted for accurate estimations and analysis of this topic. Different approaches such as structural break test, autoregressive distributed lag (ARDL)-bounds testing and granger causality are all adopted in this study. Our analysis and policy recommendations are based on short run and long run ARDL dynamics and granger causality. Findings from ARDL confirmed, negative relationship between carbon emission and renewable energy source, FDI and urbanization. Also, a U-shape instead of inverted U-shape EKC is found confirming the impeding implication of Indonesian economic growth to its environmental performance if not checkmate. From granger causality analysis, all the variables are seen transmitting to urbanization in a one-way causal relationship. Also, FDI and renewable energy prove to be essential determinants of the country’s environment development, hence, FDI is seen transmitting to both energy source (fossil fuels and renewables) in a one- way causal relationship. Renewable energy is as well seen having two ways causal relationship with both carbon emission and fossil fuels. This result has equally exposed the significant position of the three instruments (urbanization, FDI and renewable energy source) in Indonesia environment development.

scholarly journals Triangular Policy Inference from Renewable Energy, Foreign Direct Investment (FDI) and Urbanization Towards Climate Goal: Insight from Indonesia

2021 ◽  
Author(s):  
Edmund Ntom Udemba ◽  
Lucy Davou Philip
Keyword(s):  
Economic Growth ◽  
Energy Source ◽  
Renewable Energy Source ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Causal Relationship ◽  
Granger Causality ◽  
Direct Investment ◽  
Carbon Emission ◽  
Fossil Fuels

Abstract This is an expository study towards ascertaining the ability of Indonesia in mitigating carbon emission. Indonesia is positioned as among the best performing economies in Southeast Asia because of its vigorous fiscal management and sustained economic growth over the years. The country’s foreign investment inflow increased to 14% in 2019, largely in gas, electricity, water, and transportation because of the viability of its macroeconomic reforms. To test the environmental implication of this macroeconomic performance of Indonesia and to see its ability to achieve carbon neutrality, we adopt Indonesian quarterly data of 1990Q1- 2018Q4 for empirical analysis. Relevance Instruments in the economic performance of Indonesia such as urbanization, foreign direct investment (FDI) and renewable energy source are all adopted for accurate estimations and analysis of this topic. Different approaches such as structural break test, autoregressive distributed lag (ARDL)-bounds testing and granger causality are all adopted in this study. Our analysis and policy recommendations are based on short run and long run ARDL dynamics and granger causality. Findings from ARDL confirmed, negative relationship between carbon emission and renewable energy source, FDI and urbanization. Also, a U-shape instead of inverted U-shape EKC is found confirming the impeding implication of Indonesian economic growth to its environmental performance if not checkmate. From granger causality analysis, all the variables are seen transmitting to urbanization in a one-way causal relationship. Also, FDI and renewable energy prove to be essential determinants of the country’s environment development, hence, FDI is seen transmitting to both energy source (fossil fuels and renewables) in a one- way causal relationship. Renewable energy is as well seen having two ways causal relationship with both carbon emission and fossil fuels. This result has equally exposed the significant position of the three instruments (urbanization, FDI and renewable energy source) in Indonesia environment development.

scholarly journals Exploring the Causal Nexus between Energy Consumption, Environmental Pollution and Economic Growth: Empirical Evidence from Central and Eastern Europe

Energies ◽  
2019 ◽  
Vol 12 (19) ◽  
pp. 3704 ◽  
Author(s):  
Armeanu ◽  
Gherghina ◽  
Pasmangiu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gases ◽  
Environmental Pollution ◽  
Wind Power ◽  
Fossil Fuel ◽  
Pollutant Emissions ◽  
Solid Biofuels ◽  
Non Linear

Energy is considered a critical driver of social and economic progress, but the use of conventional energy from fossil fuel sources is viewed as the main contributor to greenhouse gases that cause global warming. To overcome such issues, renewable energy technologies appeared as a viable substitute which lessens pollutant emissions and protect the environment. This paper investigates the impact of energy consumption and environmental pollution on economic growth, also exploring the causal associations, for a sample of 11 Central and Eastern European states over the period 2000 to 2016. The outcomes of panel data regressions indicate evidence of a non-linear link between renewable energy (both overall, as well as in form of hydro and wind power) and gross domestic product per capita growth. The non-linear relations were also established in case of alternative & nuclear energy and fossil fuel energy consumption. However, the influence of non-renewable energy on growth was not statistically significant, whereas greenhouse gases emissions exhibited mostly a positive impact on economic growth. The robustness checks by panel fully modified and dynamic ordinary least squares showed almost the similar pattern of results. The results of Granger causalities within six panel vector error correction models supported in the short-run the conservation hypothesis for renewable energy (overall), but also for hydro power and solid biofuels, excluding charcoal. In the long-run the growth hypothesis was established for renewable energy (overall), along with wind power, solid biofuels, excluding charcoal and geothermal energy. The findings imply that CEECs policy makers should consider imperative investments in the development of renewable energy sector.

Utilization of pomegranate waste-peel as a novel substrate for biodiesel production by Bacillus cereus (MF908505)

2020 ◽  
Vol 4 (3) ◽  
pp. 1199-1207
Author(s):  
Amruta P. Kanakdande ◽  
Chandrahasya N. Khobragade ◽  
Rajaram S. Mane
Keyword(s):  
Energy Source ◽  
Renewable Energy Source ◽  
Renewable Energy ◽  
Bacillus Cereus ◽  
Fossil Fuels ◽  
Biodiesel Production ◽  
Energy Needs

The continuous rising demands and fluctuations in the prices of fossil fuels warrant searching for an alternative renewable energy source to manage the energy needs.

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