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1 – 10 of over 3000
Article
Publication date: 28 February 2023

Paul Adjei Kwakwa, Solomon Aboagye, Vera Acheampong and Abigail Achaamah

The desire for a sustainable environment has led to the need to reduce carbon dioxide emissions and increase renewable energy usage. Empirical evidence generally shows that…

Abstract

Purpose

The desire for a sustainable environment has led to the need to reduce carbon dioxide emissions and increase renewable energy usage. Empirical evidence generally shows that financial development has a significant effect on these two variables. However, little is known about how the financial strength of financial institutions influences them in the fight against climate change. This study aims to assess the effect of the financial strength of listed financial institutions on renewable energy consumption and carbon dioxide emissions in Ghana.

Design/methodology/approach

Regression analyses were used to estimate the effect of asset quality, credit management, return on equity/asset and firm size on renewable energy consumption and carbon dioxide emissions for data covering from 2009 to 2018.

Findings

The results revealed that return on equity reduces renewable energy consumption and increases carbon dioxide emissions. It is also found that credit risk management and asset quality positively influence renewable energy consumption but reduce carbon dioxide emissions in Ghana.

Practical implications

Policymakers need to identify profitable but less polluting ventures and draw the attention of financial institutions in the country. This may cause banks and other lending-giving institutions to desist from giving credits to support environmentally harmful ventures.

Originality/value

The paper assessed the effect that the financial strength of financial institutions has on renewable energy consumption and carbon dioxide emissions.

Details

International Journal of Energy Sector Management, vol. 18 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 1 December 2003

R. Sathiendrakumar

Society has to find ways and means to reduce the emission of greenhouse gases, mainly carbon dioxide, to prevent global warming when considering inter‐generational equity with…

6695

Abstract

Society has to find ways and means to reduce the emission of greenhouse gases, mainly carbon dioxide, to prevent global warming when considering inter‐generational equity with respect to environmental quality. The aim of the carbon dioxide emission control is to keep the level of carbon dioxide below a certain threshold level. This paper deals with the various policy instruments that are available to control greenhouse gases such as carbon dioxide. The criteria that should be used in selecting the appropriate policy instruments in controlling carbon dioxide emissions are: efficiency, equity and flexibility. Based on these criteria, the author is of the view that in the short‐run it is important for all the countries to ratify the Kyoto Protocol. However, in the long‐run, it may be possible to use the Kyoto targets to achieve an international carbon dioxide emission tradable permit system.

Details

International Journal of Social Economics, vol. 30 no. 12
Type: Research Article
ISSN: 0306-8293

Keywords

Open Access
Article
Publication date: 30 September 2004

Yutaka Watanabe

This paper introduces a macro traffic flow model of carbon dioxide emissions from container ports. As long as both the throughput and the transshipment rate of the port are…

Abstract

This paper introduces a macro traffic flow model of carbon dioxide emissions from container ports. As long as both the throughput and the transshipment rate of the port are available, any port in the world can use it to estimate emissions. Initially, two Japanese container ports are used as reference points to derive the equivalent units of carbon dioxide per TEU for application to other ports. Then macro traffic flows within a container port are defined. Finally, carbon dioxide emissions from different container ports are estimated using the macro estimation procedure introduced in this paper. The results of trial estimations for selected ports among different countries highlight that the impacts of container ports on global warming are serious. This issue will be intensified if competition is increased by the larger container ports aspiring to be international mega hubs.

Details

Journal of International Logistics and Trade, vol. 2 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 11 January 2022

Chi Aloysius Ngong, Dimna Bih, Chinyere Onyejiaku and Josaphat Uchechukwu Joe Onwumere

This study investigates the relationship between urbanization and carbon dioxide emission in the Central African Economic and Monetary Community from 1990 to 2019. The literature…

Abstract

Purpose

This study investigates the relationship between urbanization and carbon dioxide emission in the Central African Economic and Monetary Community from 1990 to 2019. The literature reveals that the relationship between urbanization and carbon dioxide emissions is still debatable and the existing findings are inconclusive.

Design/methodology/approach

Carbon dioxide is the regressand; while, urbanization, gross domestic product (GDP) and financial development (FD), rule of law (ROL) and government effectiveness (GEF) are the regressors. Johansen Fisher and Kao residual co-integration tests alongside the fully modified and dynamic ordinary least squares.

Findings

The results show a significant positive relationship between urbanization and carbon dioxide emissions. The causality tests results show that carbon dioxide granger causes urbanization, GDP and FD unit directionally.

Research limitations/implications

The countries' governments should effectively improve their legal systems to regulate carbon dioxide emissions. Urbanization laws should be implemented to limit urbanization environmental deteriorating effects on carbon dioxide emissions. This occurs as the countries practiced unregulated urbanization which increases population's environmental impacts. The study recommends sustainable green urbanization policies for environmental conservation through tree planting and horticulture. Balance development in urban and rural areas is vital to decongest the urban cities' pressure in the states. The governments should motivate the private sector with rural investments captivating policies to limit rural urban migration.

Originality/value

The findings contribute value by supporting a positive link between urbanization and carbon dioxide emissions in the CEMAC zone. The causality tests findings confirm the view that carbon dioxide granger causes urbanization, GDP and FD unit directionally. This value addition is essential to the governments and policy makers to mitigate urbanization and carbon dioxide emissions in the CEMAC region.

Details

Management of Environmental Quality: An International Journal, vol. 33 no. 3
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 7 August 2009

Jonathan Chenoweth

The purpose of this paper is to examine the impact of a range of different travel and tourism options, and quantifies the carbon‐dioxide emissions resulting from international…

2165

Abstract

Purpose

The purpose of this paper is to examine the impact of a range of different travel and tourism options, and quantifies the carbon‐dioxide emissions resulting from international vacations, breaking down emissions categories into those resulting from transport, accommodation and recreation.

Design/methodology/approach

The paper uses summary data to review a range of possible vacation scenarios and examines their relative carbon‐dioxide emissions in order to compare the relative climatic impact of different forms of tourism and vacation options.

Findings

The paper concludes that intercontinental flights and cruise ship travel are particularly carbon‐intensive, which suggests that these two forms of tourism will be particularly vulnerable to any policy initiative to curb or price carbon emissions. Ends by considering whether climatically responsible international tourism is possible, and outlines some low‐carbon options.

Originality/value

The paper relates data on carbon emissions to the implications for tourism arising from climate change.

Details

Worldwide Hospitality and Tourism Themes, vol. 1 no. 3
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 1 December 2022

Hamdiyah Alhassan and Paul Adjei Kwakwa

The rise in public debt and the increased extraction of natural resources in Ghana at a time that environmental degradation is escalating, especially with carbon dioxide emission…

Abstract

Purpose

The rise in public debt and the increased extraction of natural resources in Ghana at a time that environmental degradation is escalating, especially with carbon dioxide emission, is worrying. This seems to cast doubt on the country's ability to meet the goals of the Paris agreement for climate change and ensuring sustainable development. Consequently, in this study, the effect of natural resources extraction and government debt on carbon dioxide emission is investigated.

Design/methodology/approach

The Environmental Kuznets Curve (EKC) hypothesis was adopted for this study. The Fully Modified Ordinary Least Square Model was used for assessing the data. An annual data from 1971 to 2018 was used for the analysis.

Findings

The long-run results based on the Fully Modified Ordinary Least Square analysis reveal that natural resources extraction increases carbon dioxide emissions. Moreover, the joint effect of post-oil production in commercial quantities and natural resources rent increases carbon dioxide emission. Further, the findings document that the initial stage of government debt improves environmental quality up to a point, beyond which an increase in debt hurts the environment. On the environmental degrading effect of economic growth, the findings validate the Environmental Kuznets Curve hypothesis. It is also observed that urbanization degrades environmental quality.

Practical implications

The study offers appropriate recommendations policymakers need to embrace towards the attainment of lower carbon emissions from the loans and natural resources rent to achieve environmental sustainability.

Originality/value

The effect of debt on carbon dioxide emission is assessed for the Ghanaian economy. It also contributes to studies on the natural resources-carbon emission nexus.

Details

Management of Environmental Quality: An International Journal, vol. 34 no. 3
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 12 February 2018

Rabiul Islam and Ahmad Bashawir Abdul Ghani

The purpose of this paper is to investigate the relationship among energy consumption (EC), carbon dioxide emission, economic growth, foreign direct investment, population…

1211

Abstract

Purpose

The purpose of this paper is to investigate the relationship among energy consumption (EC), carbon dioxide emission, economic growth, foreign direct investment, population, poverty, and income of four Association of South East Asian Nations (ASEAN) countries, namely, Malaysia, Singapore, Brunei, and the Philippines.

Design/methodology/approach

An econometric analysis was used to achieve the goal of this study taking the period of 1995-2014.

Findings

The results of the study motivated the researcher to recommend that four ASEAN countries, namely, Malaysia, Singapore, Brunei, and the Philippines should increase their energy efficiency, increase the share of green energy from their total energy use, and increase energy conservation in order to reduce the unnecessary wastage of energy.

Originality/value

The findings validate that economic growth, population, and income have positive and statistically significant impacts on EC, while carbon dioxide emission, foreign direct investment and poverty have negative impacts on EC for Malaysia. Economic growth, income and poverty have positive and statistically significant impacts on EC, while carbon dioxide emission, foreign direct investment and population have negative impacts on EC for Singapore. Carbon dioxide emission and foreign direct investment have positive and statistically significant impacts on EC, while economic growth, population, poverty and income have negative impacts on EC for the Philippines. Finally, economic growth, carbon dioxide emission and income have positive and statistically significant impacts on EC, while foreign direct investment, population and poverty have negative impacts on EC for Malaysia.

Details

International Journal of Social Economics, vol. 45 no. 2
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 16 August 2019

Paul Adjei Kwakwa, Hamdiyah Alhassan and George Adu

Even though many studies have attempted to understand the drivers of carbon dioxide emission and energy consumption to help tackle environmental issues, not much has been done to…

1048

Abstract

Purpose

Even though many studies have attempted to understand the drivers of carbon dioxide emission and energy consumption to help tackle environmental issues, not much has been done to estimate the effect of natural resources extraction on these two variables. This paper aims to analyze the long-run and short-run carbon dioxide emission and energy consumption effect of natural resources extraction in Ghana.

Design/methodology/approach

The theoretical foundation for this study is the Stochastic Impacts Regression on Population, Affluence and Technology (STIRPAT) model. Secondary Data sourced from World Development Indicators (2018) for the period of 1971-2013 were used. Estimation was done by using the autoregressive distributed lag.

Findings

It was found among other things that urbanization, and extraction of natural resources contribute to Ghana’s carbon dioxide emission, while official development assistance helps in reducing carbon dioxide emission in the long run. Again, while income and extraction of natural resources increase energy consumption, urbanization and official development assistance reduce environmental degradation in the long run. Regarding the short run, income and urbanization both increase energy consumption and carbon dioxide emission; trade openness and official development assistance decrease both carbon dioxide emission and energy consumption.

Research limitations/implications

The implications from the results include the need to strictly enforce laws regulating extractive activities in the country to ensure a safe environment; and also to raise tariff and non-tariff barriers on products that do not promote a friendly environment and vice versa.

Originality/value

The effect of natural resources extraction on carbon emission and energy consumption is examined.

Details

International Journal of Energy Sector Management, vol. 14 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 9 December 2021

Paul Adjei Kwakwa, Vera Acheampong and Solomon Aboagye

Agricultural development still constitutes an integral part of Ghana's drive towards job creation, industrial development and economic growth with various growth policies placing…

Abstract

Purpose

Agricultural development still constitutes an integral part of Ghana's drive towards job creation, industrial development and economic growth with various growth policies placing the agricultural sector at the core. While there are likely environmental effects of agricultural activities, evidence in Ghana remains scanty. The study focused on examining, empirically, the effects of the development of the agricultural sector on carbon dioxide (CO2) emission in Ghana.

Design/methodology/approach

The paper employed the Stochastic impacts by regression on population, affluence and technology (STIRPAT) framework to test for the environmental Kuznets curve (EKC) hypothesis for agriculture and carbon dioxide emission as well as the effect that the changing structure of Ghana's agricultural development has on carbon dioxide emission for the 1971–2018 period. Regression analysis, variance decomposition and causality analysis were performed.

Findings

The regression results revealed a U-shaped relationship between agricultural development and carbon emission, implying a rejection of the EKC hypothesis between the two variables. In addition, the Structural Adjustment Programme was found to positively moderate the effect agriculture has on carbon emission.

Practical implications

The study recommends the need for policy-makers to facilitate the large-scale adoption and use of modern technology and environmentally friendly agricultural methods.

Originality/value

The study is among the few works to assess the EKC hypothesis between agriculture and carbon dioxide emission in Africa. The direct and indirect effect of structural adjustment programme on carbon emission is estimated.

Details

Management of Environmental Quality: An International Journal, vol. 33 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

Article
Publication date: 1 April 2011

Nolana E. Lynch

Discussion on the phenomenon of climate change has bombarded our society within recent times. Scientists are consistently doing research, which indicates that many decades of…

472

Abstract

Discussion on the phenomenon of climate change has bombarded our society within recent times. Scientists are consistently doing research, which indicates that many decades of development has resulted in a rapid increase of greenhouse gases existing in the Earth’s atmosphere. This has exacerbated the natural Global warming effect and climatic variability provides evidence that the Earth’s climatic cycle is in fact being altered. In an attempt to reduce the percentage of greenhouse gases emitted, the concept of Carbon Management and the Carbon Footprint has been established. These tools are being introduced to promote more sustainable resource consumption patterns but in order to successfully initiate and sustain any new pattern of behaviour within a society, gender differences should be considered. The first and second waves of feminist theories have resulted in “gender” being given consideration in public policies and programmes in developed countries. Developing countries are slowly following. Even though gender equality is still a controversial issue, there is great need for gender to be included in all decision‐making processes to ensure that sustainable development is achieved. For this study, a gender analysis was conducted on carbon footprint data to identify whether there is a difference in the response to sustainable lifestyles. The strengths and weaknesses within each sub‐group were analysed. Emphasis was placed on how the socially‐accepted behaviours of each gender affected their energy usage, consumption and waste management practices. The detailed findings can be used to develop public awareness campaigns and programmes specially designed to fit the needs of each gender, thereby promoting equal development opportunities and ensuring that national sustainable development objectives are achieved in a shorter period.

Details

World Journal of Science, Technology and Sustainable Development, vol. 8 no. 4
Type: Research Article
ISSN: 2042-5945

Keywords

1 – 10 of over 3000