Search results

The nexus of transport and tourism is critical to the 2021 Glasgow Declaration which sets out the net zero by 2050 goal for global tourism in the context of the Paris Agreement. Numerous small and medium-sized urban destinations (SMUDs) populated under one million are constrained by a limited capacity to manage visitor flows and increasing greenhouse gas (GHG) emissions. This paper aims to develop an analytical approach for urban practitioners, based on a case study in Taiwan, to identify the low-emission pathway and strategies for tourism passenger transport.

A GHG emissions assessment and scenario analysis were enabled by historical activity data from official sources and projected scenario data from the International Energy Agency. The scenarios were established based on the avoid-shift-improve framework for low-carbon transport.

To drive tourism passenger transport to a low-emission pathway compatible with the Paris Agreement goal, three low-carbon transport strategies, i.e. “Avoid,” “Shift” and “Improve,” shall be applied all together, with a focus on “improving” the efficiency of heavy-duty vehicles and rail transport. Meanwhile, alternative tourism and integrated transport policy packages could enhance demand-side management of visitors’ mobility, enabling the “avoid” and “shift” strategies.

Unlike most studies that have focused on large cities or small tourist areas, this paper addressed our knowledge gap regarding the low-emission pathway for tourism transport in numerous SMUDs compatible with a 1.5°C world. The proposed analytical approach can help policymakers assess effective strategies toward the targeted pathway.

This study aims to explore China’s carbon accounting policies and practices to enhance its carbon accounting and trading practices and achieve carbon neutrality.

This study adopts a phenomenological methodology to explore carbon accounting by setting the scope of the phenomenon, establishing research methods, conducting interviews with 30 participants from 14 emitting entities and four accounting firms and establishing methods for data analysis. Five themes were identified using a five-step coding method.

The results show no uniformity in the accounting treatment of carbon trading; however, common characteristics exist, and they have generally adopted simplified and conservative accounting methods under China’s emission trading scheme. Their common characteristics are that the granted allowances are not recognised as assets by most emitting entities, emissions allowance assets are measured using the historical cost method, most emitting entities only conduct accounting when there are actual cash flows or outflows with regard to carbon emissions allowance trading, and only a few emitting entities disclose carbon trading information in their financial statements or corporate social responsibility reports.

This study highlights accountants’ crucial role in carbon activities by guiding emitting entities’ low-carbon initiatives and culture and transforming managers’ mindsets. It also introduces the China Accounting Standards Committee-based accounting methods for allowances and obligations, aiding carbon disclosure quality and sustainability. These findings also inform the carbon accounting standards that may enhance corporate accountability and address climate change.

This study aims to assess carbon emissions in urban aged residential buildings in Qingdao, Shandong Province, constructed prior to 2000, and to evaluate retrofitting and rebuilding strategies for potential carbon reduction.

Field investigations and literature reviews were conducted to identify key factors influencing carbon emissions, such as shape coefficient, window-to-wall ratio and envelope structure. A combination of generalization and mathematical statistical methods was used to classify buildings based on construction year, form, structural type and energy-saving goals. Cluster analysis was employed to extract six typical building models.

Results demonstrate that building form complexity positively correlates with carbon emissions per unit area, while longer lifespans reduce emission intensity. Retrofitting exhibits shorter carbon payback periods (1.62–3.92 years) than rebuilding (18.7–49.94 years), indicating superior environmental performance. Pre-1986 buildings are advised for demolition/rebuilding due to limited retrofit benefits. For 1986–1995 buildings, retrofitting is recommended if structurally viable. Post-1996 buildings favor retrofitting over new construction for its shorter payback and lower emissions, enhancing long-term carbon reduction.

This study contributes to the understanding of carbon emissions in urban aged residential buildings by considering various factors and providing specific recommendations for retrofitting and rebuilding strategies tailored to different construction periods. Additionally, it highlights the importance of building form complexity and remaining lifespan in determining carbon emissions, offering insights for sustainable urban development and carbon reduction initiatives.

Carbon emissions commonly serve as an indicator for environmental friendliness, and so more and more carbon emission calculators (CECs) are offered that allow an estimation of the environmental footprint of freight transport operations. Unfortunately, their exact measurement is challenging due to the availability or poor quality of necessary input data and a multitude of possible calculation methods that may result in highly inaccurate to very misleading figures.

A structured online search was conducted to identify suitable online carbon emission calculators (OCECs) for further assessment in the form of a benchmark case that includes different modes of transport from road and rail to air and sea between China and Europe. Further comparison resulted in a ranking of OCECs along the categories of transparency (routing system, data sources and calculation method), completeness (input options) and accuracy (data output).

Different predefined inputs and calculation methods employed by the OCECs assessed inevitably result in a wide spread of more or less reliable carbon footprint measurement results.

All potential users of CECs, including policymakers, actors from the transport industry and other stakeholders, are well advised to question greenhouse gas (GHG) emission statements that are not backed by transparent procedures and internationally recognized calculation standards.

This study, including a benchmark case and a ranking, offers a guideline for potential users of CEC to avoid major pitfalls coming along with the present carbon footprint measurement of freight transport operations.

The objective of this study is to determine the impact of GHG assurance on firms’ carbon emissions performance (CEP) regarding curbing carbon emissions and the effect on such by the GHG assurance provider’s affiliation and reputation. It also explores whether the affiliation and reputation of GHG assurance providers imply the relationship between GHG assurance and the firm’s CEP. Further, this study examines the moderating effect of the country’s development level on the relationship.

Based on a sample of international firms from 56 countries spanning the period from 2012 to 2020, this study utilizes the ordinary least squares (OLS) regression. We also run the OLS regression at times t+1 and t+2 to verify the baseline results. To address the endogeneity concerns arising from self-selection bias and the causality effect, this study applies the generalized method of moment (GMM) and the Heckman test.

This study finds that GHG assurance leads to better CEP by firms. We also find that engaging with accounting assurance providers leads firms to a better CEP than non-accounting assurance providers. Our results show that Big Four auditors can help firms decrease carbon emissions. We also find that the positive effect of GHG assurance is prevalent in firms operating in developed countries.

Our study only considers the influence of the assuror’s reputation and affiliation on CEP without examining other factors that may influence the quality of assurance services provided.

Our study provides a practical implication related to the influence of a GHG assurance provider’s affiliation and reputation globally by providing evidence that accounting and Big Four assurance providers do play a significant role in a firm’s carbon emission performance. This study offers great insights into the GHG assurance impact on CEP with the interplay between the assuror’s affiliation and reputation and the country’s development.

This paper enriches the limit evidence on GHG assurance and CEP by providing novel evidence on the relationship between GHG assurance and a firm’s CEP. Moreover, this study provides insights into the implication of a country’s development level on the role of GHG assurance in CEP.

Given the inevitable transition to renewable resource utilization and the urgent need to reduce carbon emissions, this study conducted quasi natural experiments to assess the impact of renewable resource utilization on carbon emissions based on the national “urban mining” demonstration bases (NUMDB).

This study uses panel data from 275 prefecture-level cities in China from 2006 to 2019. The paper selects NUMDB as the proxy variable and conducts a quasi-natural experiment using a multi-period differences-in-differences model. We examine the impact of NUMDB on reducing carbon emissions, and then deeply explore its mechanism and spatial spillover effect.

This study found that: (1) the construction of NUMDB can significantly decrease the carbon emission in the host cities; (2) NUMDB’s construction has more significantly reduced the carbon emission in regions with higher levels of circular economy development, green technology innovation, regional environmental pollution, digital economy development and financial development; (3) by means of green technology innovation, optimized energy structure, and high-quality talent aggregation, NUMDB reduces urban carbon emissions; (4) NUMDB construction positively affects the carbon reduction efficiency of neighboring regions.

We propose corresponding policy suggestions to further promote the carbon emission reduction effect of NUMDB and develop the renewable resources industry in China based on the research findings.

The contributions of this paper are as follows. Our study contributes to expanding the research scope on the environmental impact of the renewable resource industry, as there are few quantitative studies in this area.

We further consider the spatial heterogeneity of policies and analyze the carbon reduction effect of the NUMDB from the city level, which is beneficial to exploring more targeted and operable carbon reduction paths.

This study on identifying the causal relationship between renewable resource utilization and carbon emission reduction helps to explore the sustainable development path of renewable resource more comprehensively. Meanwhile, this paper provides a reference for other countries to improve the utilization of renewable resource and effectively reduce carbon emissions.

Given the interest in sustainable development, this study aims to assess the relationship between CO₂ and urbanization as well as the role of world uncertainty in this association in a South African context.

This study focuses on yearly data from 1968 to 2020. To do this, the authors use the autoregressive distributed lag (ARDL) approach.

The authors find that urbanization’s effect on CO₂ emissions is only significant when it is augmented with world uncertainty. Moreover, this effect is negative (referring to a reduction in CO₂ emissions). Meanwhile, the authors find that GDP has a positive (that is, increasing) and significant effect on CO₂ emissions. Overall, policymakers should focus on decoupling economic growth from traditional fossil fuels that produce greenhouse gas emissions.

The existing body of research contains numerous studies examining the relationship between urbanization and CO₂ emissions. However, the dearth of research on the impact of global uncertainty on this connection is weak. Hence, this study aims to fill this gap and make a significant contribution to the field.

The study aims to explore the moderation effect of renewable energy consumption (REC) on the relationship between foreign direct investment (FDI) inflows and carbon emission (CO₂). Furthermore, the study investigates the prevalence of rebound effect in energy efficiency for the top five FDI inbound destinations in the Asia-Pacific region.

The study uses a balanced panel data set spanning from 1995 to 2020 obtained from the World Bank Database. This paper used feasible generalized least squares (FGLS) as the primary method, and to ensure the robustness of the findings, this paper used the panels corrected standard errors (PCSE) model.

The findings reveal a negative relationship between FDI and CO₂ emissions and REC and CO₂ emissions. However, the moderation effect of REC on the relationship between FDI inflows and CO₂ emissions is positive, suggesting that when both FDI and REC increase simultaneously, carbon emissions also increase. This study attributes the observed positive moderation effect to the phenomenon known as the rebound effect.

FDI fosters environmental sustainability. Regions’ FDI policies can be guidelines for other nations aiming for similar outcomes. REC reduces CO₂ emissions, underlining renewable energy’s efficacy. However, positive moderation effect of REC on the relationship between FDI and CO₂ emissions highlights the necessity for balanced policies to prevent unintended consequences like the rebound effect.

The originality of this study lies in examining the prevalence of rebound effect in energy efficiency. Prior empirical studies have explored the relationship between REC and carbon emission and established that increased efficiency in renewable energy creates positive environmental and climate externalities. However, it is constrained by rebound effects and this has been ignored by previous studies.

Today’s one of the most important difficulties is tackling climate change and its effects on the environment. The Paris Agreement states that nations must balance the amount of greenhouse gases they emit and absorb until 2050 to contribute to the mitigation of greenhouse gases and to support sustainable development. According to the agreement, each country must determine, plan and regularly report on its contributions. Thus, it is important for the countries to predict and analyze their net zero performances in 2050. Therefore, the aim of this study is to evaluate European Continent Countries' net zero performances at the targeted year.

The European Continent Countries that ratified the Paris Agreement are specified as decision making units (DMUs). Input and output indicators are specified as primary energy consumption, freshwater withdrawals, gross domestic product (GDP), carbon-dioxide (CO₂) and nitrous-oxide (N₂O) emissions. Data from 1980 to 2019 are obtained and forecasted using autoregressive integrated moving average (ARIMA) until 2050. Then, the countries are clustered based on the forecasts of primary energy consumption and freshwater withdrawals using k-means algorithm. As desirable and undesirable outputs arise simultaneously, the performances are computed using Pure Environmental Index (PEI) and Mixed Environmental Index (MEI) data envelopment analysis (DEA) models.

It is expected that by 2050, CO₂ emissions of seven countries remain constant, N₂O emissions of seven countries remain stable and five countries’ both CO₂ and N₂O emissions remain constant. While it can be seen as success that many countries are expected to at least stabilize one emission, the likelihood of achieving net zero targets diminishes unless countries undertake significant reductions in emissions. According to the results, in Cluster 1, Turkey ranks last, while France, Germany, Italy and Spain are efficient countries. In Cluster 2, the United Kingdom ranks at last, while Greece, Luxembourg, Malta and Sweden are efficient countries.

In the literature, generally, CO₂ emission is considered as greenhouse gas. Moreover, none of the studies measured the net-zero performance of the countries in 2050 employing analytical techniques. This study objects to investigate how well European Continent Countries can comply with the necessities of the Agreement. Besides CO₂ emission, N₂O emission is also considered and the data of European Continent Countries in 2050 are estimated using ARIMA. Then, countries are clustered using k-means algorithm. DEA models are employed to measure the performances of the countries. Finally, forecasts and models validations are performed and comprehensive analysis of the results is conducted.

This study aims to examine the influence of corporate carbon emissions on the financial performance of select Indian companies. It further studies the moderating role of science-based target initiatives (SBTi) in this relationship.

The study is based on 57 Indian SBTi companies and 74 Bombay Stock Exchange-listed non-SBTi companies for the period of four years from 2019–2020 to 2022–2023. The panel data regression models are used to study this association. Furthermore, two-stage least square and generalized method of moments models are used to test the robustness of the results.

There is a negative relationship between corporate carbon emissions and financial performance. The findings support the “win-win” hypothesis and confirm that reducing carbon emissions can improve the financial performance of Indian firms. Furthermore, the SBTi moderate the carbon emission and firm performance nexus.

The findings of the study would provide insights to the policymakers, regulators and managers to mainstream climate change in their core business activities driving sustainability and profitable outcomes.

This study is a noble attempt to study the moderating role of science-based targets in the carbon emissions and firm performance nexus in an emerging market setting. Earlier studies have been conducted in a cross-country context.