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Book part
Publication date: 6 September 2023

Lukman Raimi, Lanre Ibrahim Ridwan and Rabiu Olowo

The study investigates the effects of energy resource efficiency on the triple themes of sustainable development (economic, social and environmental dimensions). We adopt a…

Abstract

The study investigates the effects of energy resource efficiency on the triple themes of sustainable development (economic, social and environmental dimensions). We adopt a quantitative research method, and the required macroeconomic data were extracted from World Development Indicators for a period of 30 years (1991–2020). The extracted data were analysed using correlation analysis and linear regression. Ultimately, the estimations from the three models produced mixed results. Energy resource efficiency (EFF) exerts a significant positive effect on economic sustainability (ECS), a significant negative effect on social sustainability (SOS) and a significant negative effect on environmental sustainability (EVS). However, claims on government (COG) exerted an insignificant negative effect on ECS, an insignificant negative effect on SOS and a significant positive effect on environmental sustainability (EVS). In practical terms, the findings are consistent with previous empirical studies, and they also validate X-efficiency theory (XET) and resource curse theory (RCT). The study concludes with implications, limitations and further research directions.

Book part
Publication date: 12 July 2016

David Crowther and Shahla Seifi

The logic of the economic system under which the world operates is predicated on an assumption that development is possible and that the pricing system mediates the acquisition of…

Abstract

The logic of the economic system under which the world operates is predicated on an assumption that development is possible and that the pricing system mediates the acquisition of the additional resources required for that development. The chapter investigates where those resources are and focuses particularly on the BRIC counties. These countries have access to a large proportion of the remaining natural resources of the world while also having large populations and therefore great scope for rapid economic growth. These four countries contain a significant proportion of the world’s reserves of raw materials, but they are also rapidly developing countries with that development fuelled by their raw materials. One consequence of this is that the resources available to other countries in the developed world are constrained by this rising demand, with a number of possible consequences. The discourse in the developed world is towards the conservation of resources and towards energy efficiency. This is reflected in both manufacturing resources and consumer purchasing decisions. So it is generally accepted that resource depletion will affect the economic environment. It is not yet fully recognised, however, that development in other parts of the world will exacerbate this pressure and lead to a greater need to compete for the available resources. This competition will be economic but could also become physical as the world adjusts to a new geopolitical environment. This is an important topic not being addressed elsewhere.

Details

Accountability and Social Responsibility: International Perspectives
Type: Book
ISBN: 978-1-78635-384-9

Keywords

Article
Publication date: 5 May 2022

Ehsan Marzban, Armin Firoozpour and Mostafa Marzban

Energy systems are quickly in transition and their complexity has been dramatically increased. Although there are numerous studies and researches about future of energy in terms…

Abstract

Purpose

Energy systems are quickly in transition and their complexity has been dramatically increased. Although there are numerous studies and researches about future of energy in terms of technology or fuels, few studies have been done based on comprehensive socio-technical dimensions of energy systems’ futures. One key question to fill this gap is that how can we consider electricity as a sustainable common good/resource, beyond some conventional considerations related to public or private sector orientation? The purpose of this study is to find an acceptable answer for this question..

Design/methodology/approach

To achieve the purpose of this study, after reviewing some relevant studies, key effective factors on the future of energy have been recognized in an expert panel and structurally analyzed by Micmac software based on cross-impact analyze method. Thereafter, four scenarios for transforming the electricity distribution from a monopoly good to a common resource have been developed and described based on scenario workshops method..

Findings

Four scenarios for transforming the electricity distribution from a monopoly good to a common resource have been developed and described. These scenarios include “spider grid,” “local grid,” “intermediate grid” and “off-grid.” Furthermore, different dimensions of electricity as a common good/resource have been investigated. As a result, the authors find out that common resource is a creatable concept that can be referred to some goods depending on certain conditions.

Originality/value

Electricity, like any other resource with common characteristics, can be considered and treated as a common resource, depending on the way we generate, share and distribute it, ownership and property rights, management and decision-making mechanisms, social participation processes and governance criteria.

Details

International Journal of Energy Sector Management, vol. 17 no. 3
Type: Research Article
ISSN: 1750-6220

Keywords

Article
Publication date: 9 April 2024

Arifa Tanveer, Shihong Zeng and Wei Tian

This study aims to examine whether and how corporate sustainability capability influences energy efficiency through competitive intensity and slack resource availability.

Abstract

Purpose

This study aims to examine whether and how corporate sustainability capability influences energy efficiency through competitive intensity and slack resource availability.

Design/methodology/approach

The authors applied a two-wave research design and administered a survey questionnaire to senior-level managers of 78 ISO-14001 and ISO-50001 certified manufacturing companies. The authors use a multi-method approach for data analysis. AMOS 23 software was applied for covariance-based structural equation modeling. In addition, SPSS 25 software was applied for hierarchical regression analysis to examine the causal relationships in the model.

Findings

The finding reveals that corporate sustainability capabilities, which include energy-saving opportunities, seizing energy-saving opportunities and resource reconfiguration, significantly improve firms’ energy efficiency. In addition, competitive intensity and slack resource availability positively moderated the relationship between corporate sustainability capability and energy efficiency.

Originality/value

To the best of the authors’ knowledge, this study is the first to examine the link between corporate sustainability capability and energy efficiency in developing countries such as Pakistan. Although the influence of various corporate sustainability capabilities on sustainable performance has been widely examined in the literature, the role of corporate sustainability capability has been limitedly explored with energy efficiency. This study extends the literature by adding to the knowledge of corporate sustainability capability that enhances boundary conditions in developing countries.

Details

Studies in Economics and Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1086-7376

Keywords

Article
Publication date: 1 May 1990

Sushil

A systems perspective of waste management allows an integratedapproach not only to the five basic functional elements of wastemanagement itself (generation, reduction, collection…

3863

Abstract

A systems perspective of waste management allows an integrated approach not only to the five basic functional elements of waste management itself (generation, reduction, collection, recycling, disposal), but to the problems arising at the interfaces with the management of energy, nature conservation, environmental protection, economic factors like unemployment and productivity, etc. This monograph separately describes present practices and the problems to be solved in each of the functional areas of waste management and at the important interfaces. Strategies for more efficient control are then proposed from a systems perspective. Systematic and objective means of solving problems become possible leading to optimal management and a positive contribution to economic development, not least through resource conservation. India is the particular context within which waste generation and management are discussed. In considering waste disposal techniques, special attention is given to sewage and radioactive wastes.

Details

Industrial Management & Data Systems, vol. 90 no. 5
Type: Research Article
ISSN: 0263-5577

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…

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: 13 September 2021

Dalia M. Ibrahiem and Rasha Sameh

Achieving the goals of the sustainable development strategy and Egypt’s vision 2030 depends mainly on the existence of sources of funds. And since Egypt faces a great challenge in…

Abstract

Purpose

Achieving the goals of the sustainable development strategy and Egypt’s vision 2030 depends mainly on the existence of sources of funds. And since Egypt faces a great challenge in obtaining finance, then analyzing the drivers of financial development is a vital issue and there is a persistent need to shed light on the key obstacles for it. Thus, this paper aims to empirically assess the impact of natural resources, foreign direct investment (FDI) net inflows, education and clean energy sources on financial development in Egypt using the data of the 1971–2014 period.

Design/methodology/approach

The paper uses auto-regressive distributed lag and Toda-Yamomoto approaches to fulfill the purpose.

Findings

Empirical results signify that all variables except natural endowments stimulate financial development which can suggest the presence of the natural resources curse in Egypt. Moreover, the feedback effect between financial development and FDI is recognized. Clean energy sources cause financial development and natural endowments. Financial development causes natural endowments and FDI leads to the deployment of more clean energy resources.

Practical implications

Several crucial policy implications are suggested based upon these results as improving the quality and quantity of education and encouraging both domestic and foreign investors by providing several incentives. Moreover, the government has to enhance green finance through financing solar energy projects and other environmentally friendly projects.

Originality/value

It is the first research for Egypt that explores natural resource-financial development nexus using time series analysis according to our information, and two important variables are included in the model which is clean energy sources and FDI. Then, although several studies examined the impact of financial development on clean energy no empirical study before assessed the impact of clean energy on financial development.

Article
Publication date: 10 April 2009

Xiaoli Liu and Xinmin Jiang

The purpose of this paper is to put forward countermeasures to ensure China's energy security based on an analysis of the world energy security situation and challenges China…

2425

Abstract

Purpose

The purpose of this paper is to put forward countermeasures to ensure China's energy security based on an analysis of the world energy security situation and challenges China faces in the future in terms of energy security.

Design/methodology/approach

An induction approach is adopted to analyze the energy security situation of the world and that of China.

Findings

Although available energy resources can meet the medium and long‐term global energy demand, the world energy security faces lots of severe challenges in the aspects of demand and supply factors, infrastructure, geopolitics and strict environmental protection requirements, etc. China's energy supply security faces many challenges in the coming 20 ∼ 30 years or even in the long term. Taking external factors into consideration, the primary challenge is to ensure a stable and sustainable oil supply with reasonable prices. Though the external conditions are of great importance to China's energy security, the influences of domestic factors also need to be well recognized. With energy resources supply being the bedrock of energy security, the establishment of domestic energy market system and energy management framework will exert momentous impact upon the energy security. In addition, while the petroleum supply security is emphasized, attentions should at the same time be paid to the supply security of other energy products, especially to the supply of China's fundamental energy resource of coal.

Originality/value

The paper provides useful and timely analysis of world energy resources, world energy security situation and world economic performances.

Details

International Journal of Energy Sector Management, vol. 3 no. 1
Type: Research Article
ISSN: 1750-6220

Keywords

Book part
Publication date: 8 November 2019

Tatsiana Zoryna

In this chapter, characteristic of the fuel and energy sector of Republic of Belarus; its organizational structure; the current state of development of power, gas, peat, and oil…

Abstract

In this chapter, characteristic of the fuel and energy sector of Republic of Belarus; its organizational structure; the current state of development of power, gas, peat, and oil industries are given. The energy balance of the country and the main power streams is analyzed. Characteristic of key indicators of energy security is presented. The main threats connected with ensuring energy security of Republic of Belarus are allocated. In particular, the characteristic of the directions of reducing the energy dependence of the Republic of Belarus on the supply of natural gas from the Russian Federation is presented. Dynamics of power consumption of GDP is analyzed. Potential of use of renewable and local energy resources, complexity and prospect of their further integration into the Belarusian power system are considered. The prospects of development of nuclear power of Republic of Belarus are described. The advantages and disadvantages connected with input of the Belarusian nuclear power plant in operation are designated. The perspective directions of sustainable power development of Republic of Belarus till 2035 are revealed.

Book part
Publication date: 6 February 2023

Egemen Sertyesilisik and Mehmet Akif Ceylan

World has started to observe important level of global warming fostered by the industrial growth which resulted in the increase in CO2 emissions and in the environmental pollution…

Abstract

World has started to observe important level of global warming fostered by the industrial growth which resulted in the increase in CO2 emissions and in the environmental pollution (e.g. water and air) affecting total factor productivity growth. Energy is vital for all industries and their growth. Energy generation and energy intensiveness affect carbon emissions. Energy generation relies on water as water is a vital input to the energy generation. Furthermore, water supply is affected by the energy supply and energy dependence. Water is at the core of the industrial growth. It is vital for all productions. Water scarcity problem is becoming more severe due to the climate change. Some regions and countries are more vulnerable to the water scarcity. Middle East countries face significant water scarcity problem. Among these countries Jordan stands out as one of the most vulnerable countries with respect to water scarcity. This chapter emphasises the importance of green and sustainable total factor productivity. Despite of their recent water policies, Jordan started to experience adverse consequences of severe water scarcity problem. The dependence of and relationship between energy and water are vital pillars of economic growth. There is carbon trade-off in their supply. For this reason, conservation capital policies can affect productivity and efficiency. Middle East has scarce water resources and can be affected due to the climate change. Jordan faces most water scarcity among Middle East Countries. This chapter aims to investigate the interaction between industrial growth and climate change as well as their effects to Jordan’s water resources and economy. Furthermore, this chapter emphasises water scarcity problem and water policies in Jordan. This chapter provides recommendations for preventing environmental degradation and mitigating water scarcity problem of Jordan so that its industrial growth can be sustained and its economic growth can become more resilient to the climate change. This chapter is expected to be useful to academics, policy makers, and politics in the relevant field.

Details

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

Keywords

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