Investigating the nexus between economic complexity, energy consumption and ecological footprint for the United States: New insights from quantile methods

Shahzad, Umer; Fareed, Zeeshan; Shahzad, Farrukh; Shahzad, Khurram

doi:10.1016/j.jclepro.2020.123806

Cited by 315 publications

(132 citation statements)

References 34 publications

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“…Other findings of this paper are in line with the conclusions of latest studies related to global carbon mitigation initiatives [60]. To mitigate environmental damage, Dogan et al [61] suggest that "OECD governments should directly invest in technological innovation to enhance sustainable economic growth" [p. 9] and Shahzad et al [62] conclude that "the policymakers of the United States should adopt policies to encourage investors to invest in cleaner energy infrastructure and advanced technologies" [p. 12]. These statements are in line with the conclusion that public funding for P2M seasonal energy storage is essential not only because of the missing capital of WWTPs, but for decreasing GHG emissions, as well.…”

Section: Discussionsupporting

confidence: 85%

Seasonal Energy Storage Potential Assessment of WWTPs with Power-to-Methane Technology

Csedő

Sinóros-Szabó²,

Zavarkó

2020

Energies

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Power-to-methane technology (P2M) deployment at wastewater treatment plants (WWTPs) for seasonal energy storage might land on the agenda of decision-makers across EU countries, since large WWTPs produce a notable volume of biogas that could be injected into the natural gas grid with remarkable storage capacities. Because of the recent rapid increase of local photovoltaics (PV), it is essential to explore the role of WWTPs in energy storage and the conditions under which this potential can be realized. This study integrates a techno-economic assessment of P2M technology with commercial/investment attractiveness of seasonal energy storage at large WWTPs. Findings show that a standardized 1 MWel P2M technology would fit with most potential sites. This is in line with the current technology readiness level of P2M, but increasing electricity prices and limited financial resources of WWTPs would decrease the commercial attractiveness of P2M technology deployment. Based on a Hungarian case study, public funding, biomethane feed-in tariff and minimized or compensated surplus electricity sourcing costs are essential to realize the energy storage potential at WWTPs.

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Section: Discussionsupporting

confidence: 85%

Seasonal Energy Storage Potential Assessment of WWTPs with Power-to-Methane Technology

Csedő

Sinóros-Szabó²,

Zavarkó

2020

Energies

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“…The literature has widely debated the environmental outcome mostly considering carbon emission from a wider set of macro-economic variables [16][17][18][19][20][21]. But, a single variable cannot represent the complex and dynamic system of environmental performance [4][5][6][7]16].…”

Section: Introductionmentioning

confidence: 99%

What Drives the Environmental Performance? Evidence from Asian Countries

Li¹,

Xu²,

Rafique³

et al. 2021

Pol. J. Environ. Stud.

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The environmental performance concern exists globally in spite of various efforts at state levels. This study is an effort to identify the key factors for environmental performance in 34-Asian countries using data period of 2006-2017. The most updated panel study techniques are employed. The existence of cross-sectional dependence (CD) is confirmed by CD tests. The results of the second-generation panel unit root test lead to apply the Westerlund panel cointegration test, which confirms the long-run co integration in the panel countries. Augmented Granger Causality test with error correction term is applied for long-run association. A bi-directional causality between EPI and GDP while uni-directional causality between EPI and forest area is founded. A feedback hypothesis between environmental performance and renewable energy while conservation hypothesis between EPI and food production index holds. The results of FMOLS show that renewable energy and forest area improve while food production index and fertilizer use reduce the environmental performance significantly in Asian countries. The introduction of eco-innovations in production technologies, eco-friendly methods in agriculture sector and forest area enhancement is suggested for improving environmental performance in the region.

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“…A well-run renewable energy source -locally and operatedsuch as wind, solar or geothermal energy can be supported, according to the report, as can traditional fossil energy sources. However, many studies have documented the negative impact of fossil fuels on tourism in the United States, including the impact of coal, natural gas and nuclear power on the environment and the economy [19].…”

Section: Links Between Tourism and Energymentioning

confidence: 99%

Energy and industrial tourism: a specific niche on the tourism market

Alekseeva

Hercegová²

2021

E3S Web Conf.

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Energy tourism belongs to the not-so-well-researched fields of tourism. Being a part of the industrial tourism or a special interest tourism, this type of tourism includes visits to the energy facilities and locations such as factories, mines, power stations and renewable energy sites. This paper describes the niche of the energy tourism within the tourism market and assesses its potential. We show that sometimes the energy tourism might intervene with dark tourism (for example, in the case of the tourist visits to the site of the Chernobyl nuclear power station). In addition, we show that this type of tourism is closely correlated with the public and social acceptance of traditional and renewable energy facilities. We conclude that this might be a promising and emerging type of tourism that will likely grow due to the ongoing industrialization and expenditure of energy-generating facilities envisaged for meeting the growing demand for energy all around the world.

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Investigating the nexus between economic complexity, energy consumption and ecological footprint for the United States: New insights from quantile methods

Cited by 315 publications

References 34 publications

Seasonal Energy Storage Potential Assessment of WWTPs with Power-to-Methane Technology

Seasonal Energy Storage Potential Assessment of WWTPs with Power-to-Methane Technology

What Drives the Environmental Performance? Evidence from Asian Countries

Energy and industrial tourism: a specific niche on the tourism market

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