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Book part
Publication date: 10 August 2018

Rachelle C. Sampson and Y. Maggie Zhou

We examine the effect of firm ownership status on three environmentally relevant variables: energy efficiency, toxic emissions, and spending on pollution abatement. Prior research…

Abstract

We examine the effect of firm ownership status on three environmentally relevant variables: energy efficiency, toxic emissions, and spending on pollution abatement. Prior research has demonstrated that public firms invest less than private firms and suggests this difference is due pressure from investors to strongly favor short over long-term earnings. We extend this logic to other firm behavior, examining whether publicly owned facilities invest in energy efficiency and pollution reduction differently than privately owned facilities. Using data from the US Census of Manufactures from 1980 to 2009, information on pollution from the Environmental Protection Agency Toxic Release Inventory (TRI) and pollution abatement spending from the Pollution Abatement Costs and Expenditures survey, we find that facilities switching to public ownership are less energy efficient and spend less on pollution abatement than their privately owned counterparts. However, we also find that facilities switching to public ownership have lower toxic emissions than other facilities. We also examine how different sources of external pressures alter these results and find that increased regulatory scrutiny is correlated with increased energy efficiency, toxic emissions, and abatement spending. More concentrated institutional ownership in public firms is associated with lower energy efficiency as is a greater brand focus. These latter results are broadly consistent with the idea that publicly owned firms respond to pressures from investors with a reduced focus on environmentally relevant variables. However, since facilities switching to public ownership have lower toxic emissions, this suggests that there are two competing pressures in publicly owned facilities: cost pressures, consistent with lowered energy efficiency, and public perceptions, consistent with lower toxic emissions, particularly since TRI data became available. In this sense, the combination of ownership and transparency of information appears to influence how firms prioritize different stakeholders.

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Sustainability, Stakeholder Governance, and Corporate Social Responsibility
Type: Book
ISBN: 978-1-78756-316-2

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Travel Survey Methods
Type: Book
ISBN: 978-0-08-044662-2

Book part
Publication date: 8 August 2022

Bartosz Sawik

This chapter presents mathematical model for geothermal energy allocation. The objective is to a find the minimal length of connections between sources and demand points. The…

Abstract

This chapter presents mathematical model for geothermal energy allocation. The objective is to a find the minimal length of connections between sources and demand points. The problem is formulated as a transportation problem. The model presented in this case study finds optimal assignment of energy sources to urban areas, with full demand for energy satisfied in all districts using one type of energy.

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Applications of Management Science
Type: Book
ISBN: 978-1-80071-552-3

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Book part
Publication date: 20 November 2023

Diana Joiţa, Carmen Elena Dobrotă and Raquel Fernández-González

From the 1990s to the present, decision-makers around the world have sought to identify the most appropriate legal framework to support the energy transition. This research aims…

Abstract

From the 1990s to the present, decision-makers around the world have sought to identify the most appropriate legal framework to support the energy transition. This research aims to analyze the institutional dynamics of renewable energy promotion, focusing on regulatory aspects at the European and national level and emphasizing the case of Romania through several comparative approaches. In the context of the conflict in Ukraine, we focused on the issue of coal, which was reconsidered given the dependence of some European countries on this resource. The main research methods used in this study are comparative analysis and analysis of chronological information in a historical context, with correlations being made. The study was structured in three stages, the first from the 1990s until the European Energy Union formation, the second during the COVID-19 pandemic, and the third from the emergence of the conflict in Ukraine, which determined the recalibration of previously adopted measures. Starting from the hypotheses formulated and considering the regulatory scenario conducive to the transfer of public funds to achieve climate neutrality, the results of the study show the fact that, at this stage of the research, the states of the European continent are determined to fight for zero carbon by 2050. One result we found interesting is that almost a year after the outbreak of the conflict in Ukraine, less than a quarter of European states have moved past their assumed deadline for phasing out coal in the national mix.

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Digitalization, Sustainable Development, and Industry 5.0
Type: Book
ISBN: 978-1-83753-191-2

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Energy Economics
Type: Book
ISBN: 978-1-78756-780-1

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Handbook of Transport and the Environment
Type: Book
ISBN: 978-0-080-44103-0

Book part
Publication date: 9 June 2022

Mihir Kumar Pal and Pinki Bera

This study attempts to analyze energy intensity, capacity utilization (CU), output and productivity growth of aggregate manufacturing sector in India during the period 1980–1981…

Abstract

This study attempts to analyze energy intensity, capacity utilization (CU), output and productivity growth of aggregate manufacturing sector in India during the period 1980–1981 to 2016–2017. A decadal analysis as well as a comparison between pre- and post-liberalization period of productivity growth is also made. Total factor productivity growth (TFPG) is also adjusted with CU to obtain adjusted TFPG. The trend in energy intensity is also analyzed to answer the question of sustainability. Results shows that TFPG declined in the post-reform period, highlighting the fact that liberalization process has its adverse impact on productivity growth. From the study it is observed that a declining trend in adjusted TFPG in the post-reform period, but the rate of decline is higher. Energy intensity and CU of the Indian manufacturing industries is found to be increasing over the study period. Increasing energy intensity, quite significantly, would increase the level of pollution generated by the manufacturing industries. So, interestingly enough, this may lead to conclude that the growth of the manufacturing industries is not in line with the basic essence of sustainable development.

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Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies
Type: Book
ISBN: 978-1-80262-154-9

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Book part
Publication date: 6 September 2023

Adetayo Olaniyi Adeniran, Mosunmola Joseph Muraina and Josiah Chukwuma Ngonadi

Energy consumption in transportation accounted for over 29% of total final consumption (TFC) of energy and 65% of global oil usage, and it is highly connected to mobility…

Abstract

Energy consumption in transportation accounted for over 29% of total final consumption (TFC) of energy and 65% of global oil usage, and it is highly connected to mobility. Mobility is essential for access to day-to-day activities such as education, leisure, healthcare, business activities, and commercial and industrial operations. This study examines the energy consumption for the transport industry, and the level of renewable energy development in some selected Sub-Saharan African (SSA) nations. This study relied on previous publications of government, reports and articles related to the subject matter. Vehicle ownership is fast increasing, particularly in cities. Still, it begins at a relatively low level because the area is home to countries with the lowest ownership rates worldwide. In its current state, the energy sector faces significant challenges such as inadequate and poorly maintained infrastructure, dealing with increasing traffic congestion in cities, large-scale imports of used vehicles with poor emission standards that affect air quality in cities, a lack of safe and formally operated public transportation systems, and inadequate consideration for women and disabled mobility needs. Motorcycle and tricycle are dominating the rural areas, accounting for a substantial amount of this growth. Aviation is the largest non-road user of energy, and this trend is predicted to continue through 2040 as Gross Domestic Product (GDP) grows and urbanisation expands. This study revealed the energy consumption for the transport industry, and the level of renewable energy development in some selected SSA. Rail and navigation lag behind current global levels. The usage of biofuel and rail transport was recommended.

Book part
Publication date: 6 February 2023

Akash Dandapat and Pinaki Das

The unorganised manufacturing sector contributes one third share of overall manufacturing employment and one fifth share of gross value added of the manufacturing sector. Despite…

Abstract

The unorganised manufacturing sector contributes one third share of overall manufacturing employment and one fifth share of gross value added of the manufacturing sector. Despite its important role in large-scale employment generation, this sector is neglected by the researchers as well as by the policy makers as compared to the focus given on the organised manufacturing sector. The issues of energy intensity, environment emissions and growth of unorganised manufacturing enterprises (UMEs) remain unexplored. The present chapter attempts to estimate the CO2 emission and emission intensity (EI) across UMEs on the basis of NSSO Unit Level data of 62nd, 67th and 73rd rounds. It also analyses the growth of UMEs in relation to CO2 emission and EI. The nature of the sector is very much dispersed. Our study reveals that a portion of unorganised enterprises did not use any energy in their production activities and used manually operated instruments like – handlooms, weaving machines, hand-operated oil and rice mills, etc. The main energy inputs of UMEs are electricity and fuel & lubricants. The CO2 emission is relatively less in UMEs compared to organised manufacturing enterprises. Across the unorganised manufacturing industries, the higher CO2 emission are observed in manufacturing of food product industry and other non-metallic mineral industry. The study found that CO2 EI of UMEs depends on firm-level characteristics like perennial nature, establishment type, urban location and expanding growth status. However, capital intensive UMEs are more polluting.

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The Impact of Environmental Emissions and Aggregate Economic Activity on Industry: Theoretical and Empirical Perspectives
Type: Book
ISBN: 978-1-80382-577-9

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Book part
Publication date: 13 October 2017

Velma Pijalović and Amra Kapo

The fact that per capita energy consumption in non-OECD (The Organisation for Economic Co-operation and Development) countries makes up only 30% of average consumption in OECD…

Abstract

The fact that per capita energy consumption in non-OECD (The Organisation for Economic Co-operation and Development) countries makes up only 30% of average consumption in OECD countries, as well as the fact that highly efficient technologies and equipment have been available for many years in developed countries where energy efficiency is one of the top priorities, has often been cited as an argument in favour of the claim that energy efficiency is relevant only for highly developed countries. In this chapter, we attempt to establish if and why this opinion is wrong in the case of Western Balkans (WB6). Evident lack of interest in this area which we identified through analysis of available literature was an important motive for the consideration of the issue of energy efficiency in WB6 countries.

Analysing the basic macroeconomic and energy indicators for WB6 countries and their comparison with indicators for European Union (EU) member countries, we found that all countries have the potential benefit from implementation of energy efficiency and conservation projects. Besides the possible energy savings, wider socio-economic benefits in WB6 countries include harmonization with EU regulations, reduced dependence on import and thus reduced risk of price shocks and potential reduction of trade deficit, creation of jobs, health benefits, better productivity and improved competitiveness.

However, realizing the full potential of energy efficiency requires removal of many financial, institutional, technical and behavioural barriers, whereby WB6 countries can use the help of institutions which provide technical assistance and funds, beside measures which fall under jurisdiction of governments.

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Green Economy in the Western Balkans
Type: Book
ISBN: 978-1-78714-499-6

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