Vietnam is a key player in India's Act East Policy and is distressed due to China's overarching position in the South China Sea. China's expanding infrastructural investments in India's periphery have led to a regional security dilemma in Indian Ocean Region. India is steered to pursue opportunities to counter China in the latter's periphery, to which Vietnam fits as an apt ally. Hence, this paper examines the heightened need for realigning India's Vietnam policy in line with United Nations Sustainable Development Goals and explains how bilateral cooperation through sustainable trade, renewable energy production, and green investments can offer a "counter" to Chinese expansion in Indo-Pacific and its Belt and Road Initiative. This paper uses the theoretical framework of Balance of Power to enumerate how geostrategic policy decisions in India-Vietnam bilateral relations can create a "counterbalance" to the Chinese investments in India's neighborhood, especially in Pakistan.
PurposeThis study explores the interplay among climate change, economic growth and energy consumption in G20 countries by considering the role of green energy.Design/methodology/approachThis study uses various empirical tools to determine the association between carbon emissions, economic growth, renewables, non-renewables, population and urbanization for a panel of G20 countries between 1990 and 2014.FindingsEmpirical outcomes from various empirical tools reveal a positive and significant impact of economic growth, non-renewable energy consumption and urbanization on carbon emissions, and their increase will further lead to the deterioration of environmental quality. The elasticity coefficient of renewable energy coefficient is negative and significant implying an increase in its consumption will improve environmental quality. Panel causality test results reveal the existence of both short-run and long-run causality among the variables. Therefore, results infer that a reduction in the consumption of non-renewable and substitution with renewables will have a significant impact on carbon emission mitigation.Originality/valueThrough this study, the authors suggest the sustainable use of renewables as they are sustainable, secure, efficient, environmentally justifiable and economically viable sources of energy. Therefore, replacing traditional non-renewables with modern renewables has the potential in avoiding the dangerous impacts of greenhouse gases (GHGs) particularly in the G20 countries. This paper intends to guide policymakers regarding the environmental quality and renewable energy consumption required to hold back the fossil fuel dependence for a cleaner and greener planet.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.