Have Extreme Events Awakened Us?

Abstract

We may translate anthropogenic climate change as a reaction of our planet to our unsustainable economic activities. This research explores whether environmental policies have been impacted by extreme climatic events like droughts, floods, storms, tornados, and wildfires. We use yearly panel data from 1990 to 2017 for the OECD (Organization for Economic Cooperation and Development) countries to examine such a relationship. To have an impartial analysis, we control major variables influencing environmental policies such as energy consumption, gross domestic product (GDP), population, technology, head of the state’s political affiliation, carbon emission, and waste generation. The analysis results suggest that policymakers make more stringent environmental decisions as the death rate increases and environmental threats become more imminent putting human life is at risk; this correlation is stronger in the case of European Countries.

How the US Economy and Environment can Both Benefit From Composting Management

“…Environmental policies (evaluated based on the environmental policy stringency index, EPS) positively affect composting in all scenarios (including and excluding different technologies); while it has been shown that as waste generation escalates, policymakers tend to make stricter policies to control it (Farhidi et al). 26 Results suggest that, when EPS index increases by one unit (almost 25% rise, which means nations make severer environmental policies), the total volume of composting increases by 214 thousand tons per year. This amount rises to 570 thousand tons per year when technological advancements are taken into account.…”

Going green in the Norwegian fossil fuel sector? The case of sustainability culture at Equinor

“…While some posit that companies, and the nation stakeholders, should be investing in the energy transition out of concern for the environment (cf. Farhidi et al, 2022;Linnenluecke and Griffiths, 2010), the alignment of sustainable initiatives with financial ones is also being criticised as just another profit-seeking venture to appeal to an increasingly green-minded consumer base (Epstein et al, 2010;Ihlen, 2009;Lestan and Kubasova, 2022). Specifically, prior literature notes the influential role of 'pressure from politicians, the mass media, NGOs, and consumers' (Ihlen, 2009: 55).…”

“…While some posit that organizations and nations should be investing in the energy transition out of concern for the environment (cf. Linnenluecke & Griffiths, 2010;Farhidi et al, 2022), greater notoriety is also being garnered towards the alignment of sustainable initiatives with financial ones (Epstein et al, 2010;Ihlen, 2009;Lestan & Kubasova, 2022). Specifically, prior literature notes the influential role of "pressure from politicians, the mass media, NGOs and consumers" (Ihlen, 2009, p. 55), as well as the desire of nations to strengthen their energy security by becoming less reliant on oil and gas which may influence a nation's attitude towards sustainable initiatives (Lestan & Kubasova, 2022).…”

Unveiling the Energy Transition Process of Xinjiang: A Hybrid Approach Integrating Energy Allocation Analysis and a System Dynamics Model

“…( (3) Many studies discussed the complex relationship between energy, economy, and society, and found that energy consumption, economic growth, population, and other factors are interactional and non-linear [40][41][42][43]. However, after China introduced a strong energy intensity policy, total energy consumption was controlled, and China's per capita GDP and per capita energy consumption showed an orderly linear relationship; we believe that future policies will continue this trend.…”