scholarly journals Green Technology Innovations Development in China: Trend and Application

Author(s):  
Xiaodong Lai
Author(s):  
Juan Zhang ◽  
Ziyue Wang ◽  
Huiju Zhao

In the pressure of excessive resource consumption and serious environmental pollution, governments provide various consumer subsidies to promote sales of energy-saving vehicles, including the energy-saving fuel vehicle (FV) and the pure electric vehicle (EV) in the automobile industry. Utilizing a Hotelling model, this paper explores two competing firms’ decisions on the selection of green technology innovations for vehicles, namely producing either the energy-saving FV or the pure EV, while the two vehicles are different from each other on not only the energy-saving level but also the consumer’s acceptance. We further explore the impact of the government’s consumer subsidy on the profits, environment, and consumer surplus. We find that the two competing firms’ equilibrium selections of green technology innovations for vehicles change as the variable manufacturing cost of the pure EV varies. In particular, when the variable manufacturing cost of the pure EV is moderate, the firm with a lower technology capacity for improving the energy-saving level of the FV (i.e., firm 2) will produce the pure EV while the other firm (i.e., firm 1) produces the energy-saving FV, and the converse is not true. In this case, the decreasing variable manufacturing cost of the pure EV will benefit firm 2 and make firm 1 lose in a competing context. In particular, both firms would charge lower retail prices as the variable manufacturing cost of the EV decreases. In addition, we find that although the consumer subsidy could reduce the purchasing cost for the consumer and promote both firms to produce higher energy-saving level vehicles, a firm can still reduce its retail price under certain conditions because of the competition between the two firms. Finally, we prove that the consumer subsidy can be always beneficial to the environment, while it may hurt the consumer surplus and the firms’ profits under certain conditions. The results provide suggestions for governments to adopt an appropriate consumer subsidy program from perspectives of the consumer, environment, and economy.


2015 ◽  
Author(s):  
Kenji Takahisa ◽  
Young Sun Yoo ◽  
Hitomi Fukuda ◽  
Yuji Minegishi ◽  
Tatsuo Enami

2019 ◽  
Vol 11 (21) ◽  
pp. 6112 ◽  
Author(s):  
Ateekh Ur Rehman ◽  
Mustufa Haider Abidi ◽  
Usama Umer ◽  
Yusuf Siraj Usmani

In pursuit of green technology innovations, the energy industry is showing an interest in sustainable sources such as wind energy generation. The Saudi Arabian energy industry has a 2030 target to generate and transmit electricity to major customers nationwide and other neighboring Gulf countries. However, the selection of wind energy power plant locations is a concern because the decision process involves social, technological, economical, and environmental factors. The originality of this study lies in (1) proposing an integrated quantitative and qualitative multi-criteria decision making framework for selecting wind-energy power plant locations; (2) applying the proposed framework in the context of the energy industry in a gulf region country and investigating expert-based and entropy-based criterion weight assignments; (3) choosing five possible alternative wind energy power plant locations with 17 response criteria for each alternative to help decision makers identify the best possible alternative; and (4) establishing the superiority of one alternative over another (if it exists). The presented approach extends considerable support to the comparing and ranking of alternatives along with its validation and sensitivity analysis. Based on the proposed multi-criteria decision-making approach, an appropriate wind energy power plant location has been successfully selected among the five alternatives.


Author(s):  
Peter Bitta Bikam

AbstractThe paper uses the case study of Limpopo province to discuss technology innovations in green transport in South Africa with respect to the reduction of global greenhouse emission through technology innovation. South Africa’s emission from fuel combustion is the world’s 15th largest in forms of CO emission because it contributes about 1.2% of global emissions. In a submission from the Department of Environmental Affairs (DEA) on the impact of greenhouse emissions stated that companies are required to be innovative to reduce the carbon emission levels in South Africa. Literature on road transport in South Africa shows that road transport is the fastest growing source of greenhouse gas emissions, accounting for 19% of global energy consumption. The policy to promote an integrated public transport in municipalities is in line with the National Development Plan and the White Paper on National Climate Change Response. This requires innovative technology that promotes carbon trading markets such as taxi recapitalisation programmes and carbon tax on new vehicles. The study analysed the factors influencing green technology innovations in South Africa with specific reference to Limpopo province green transportation study. The methodology used to unpack innovative technology in South Africa discusses green technology in Limpopo province in the context of greenhouse gases emission reduction innovative technologies in the transport sector with respect to sustainable fuels, energy efficient systems and smart information as well as hybrid technologies. The study advances arguments on technologies for engine and propulsion systems, alternative energy sources, navigation technologies, cargo handling systems, heating and cooling vehicles, road and rail vehicles and maritime transportation with respect to innovations as well as battery charging systems, engine oil disposal etc. The findings shows that no single trajectory of technology innovation in green transport will suffice but technological innovations that improve fuel economy and transition from fossil fuels to cleaner fuel alternatives. The study in Limpopo province showed that green transport innovations must not obscure the role of non-technological innovations in reducing emissions, but the two should be tackled with green transport value chain as a whole.


2021 ◽  
Vol 3 (6) ◽  
pp. 13-26
Author(s):  
Jain Yassin ◽  
Sing Yun Wong ◽  
Herniza Roxanne Marcus

This study examines the extent to which sectoral composition can affect green technology innovations in 20 selected Asia’s Middle-Income countries from 1995 until 2016. To measure the cross-sectional dependence among cross-sectional units and allows heterogeneous coefficients in a panel, this study will adopt the Dynamic Common Correlated Effect (DCCE). The results show that an increase in the proportion of industry and services sectors plays an important role in innovations of environmentally friendly technology. It is also knowing that the tourism sector and pollution level would be a prospect for green technology innovations. On the contrary, the increasing proportion of the agriculture sector may hinder green innovations. The finding of this study can be helpful for policymakers in middle-Income countries to promote a balance of green technology development in each sector for the sake of comprehensive sustainable development.


2020 ◽  
Vol 12 (16) ◽  
pp. 6343
Author(s):  
Ziyue Wang ◽  
Juan Zhang ◽  
Huiju Zhao

In the pressure of excessive resource consumption and serious environmental pollution, government in China proposed a dual-credit policy to promote the production of green vehicles, such as energy-saving fuel vehicle (FV) and electric vehicle (EV). This study explores the firm’s selection of green technology innovations (GTIs) under dual-credit policy, including the energy-saving technology for FV and the technology for producing EV. We found that the firm’s technology capacity of improving the energy-saving level of FV plays an important role in affecting the firm’s selections of GTIs. Specifically, when the technology capacity is moderate, the firm chooses both types of GTIs to produce both EV and energy-saving FV, otherwise he will choose one type only. Moreover, no matter which GTI is selected by the firm, its pricing and environmental efforts decisions keep the same. With the dual-credit policy, we found that it could encourage the production of the EV under certain conditions. Besides this, increasing the green credit of EV can align the economic and environmental interests while increasing standard energy consumption has conflicts in both interests. In particular, when the firm offers FV only or both EV and FV, increasing the price of credit has conflicting interests in economy and environment. However, when the firm offers EV only, increasing the price of credit could improve the firm’s profit without hurting the environment.


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