Understanding the importance of sustainable ecological innovation in reducing carbon emissions: investigating the green energy demand, financial development, natural resource management, industrialisation and urbanisation channels

Shang, Meng; Ma, Zhenzhong; Su, Yanzhi; Shaheen, Fiza; Khan, Haroon ur Rashid; Tahir, Lokman Mohd; Sasmoko,; Anser, Muhammad Khalid; Zaman, Khalid

doi:10.1080/1331677x.2022.2137823

Cited by 17 publications

(5 citation statements)

References 159 publications

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“…Some present recommendations based on expert interviews for optimizing investment, monitoring assets and balancing social/environmental impacts. The results suggest that the Energy Corp could leverage unique partnerships, green bonds, big data platforms and stakeholder engagement to cost-effectively develop renewable energy across China while setting benchmarks for best practices in sustainability [15][16][17][18]. This study shows insights for Chinese renewable companies aiming to lead the global energy transition.…”

Section: Introductionmentioning

confidence: 85%

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Han,

Yang

2024

Sustainability

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This study investigates potential financing and management strategies that the Energy Corporation, a Chinese renewable energy company, could adopt in order to expand its green development projects. While China has made significant advancements in renewable energy, its heavy reliance on fossil fuels necessitates a shift towards a more sustainable energy system. To analyze the factors driving and impeding sustainability, this article provides an overview of China’s energy sector and policies. Through case studies of the Energy Corporation and other prominent renewable energy companies, the study showcases a range of demonstration projects, financing models, and management technologies that have the potential to accelerate the growth of sustainable initiatives. Recommendations from expert interviews are also provided, covering areas such as optimizing investment, monitoring distributed assets, and balancing social and environmental impacts. The results show that the Energy Corporation can effectively develop wind, solar, and energy efficiency projects nationwide by leveraging partnerships, utilizing green bonds, employing big data platforms, and engaging stakeholders, while also setting sustainability benchmarks. With a strategic approach, Energy Corporation aims to invest USD 1 billion over the next five years, targeting a renewable energy capacity of 5000 MW and a 20% reduction in CO2 emissions. Achieving these goals would position Chinese companies as global leaders in the transition to renewable energy. The study also utilized an artificial neural network (ANN) to analyze the impact of increasing green jobs and renewable energy capacities on CO2 emission reduction and economic growth. The results indicate that green jobs have a more significant effect on reducing CO2 emissions compared to renewable energy capacities. When green jobs increased while energy capacities remained constant, substantial CO2 reductions were observed, but the economic growth was only 1%. However, when there was a moderate increase in jobs alongside a four-fold increase in renewable energy capacities, economic growth reached 4%. The neural network’s prediction errors were deemed acceptable based on linear regression analysis and experimental results.

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Section: Introductionmentioning

confidence: 85%

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Han,

Yang

2024

Sustainability

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“…Industrialization's impact on CO 2 emissions is initially positive due to its reliance on fossil fuels and high-energy-consuming manufacturing processes, as discussed in the research by Das et al [125] and Fan et al [126]. However, as industrial processes become more efficient and shift towards less energy-intensive sectors, this impact can become negative (Voumik et al [127] and Shang et al [128]). Trade, often associated with higher emissions due to increased transportation and production, also has the potential to reduce emissions through the diffusion of green technologies and practices, as demonstrated in the studies by Raihan [129], Suhrab et al [130], and Ntiamoah et al [131].…”

Section: Model (1)mentioning

confidence: 99%

Revolutionizing Environmental Sustainability: The Role of Renewable Energy Consumption and Environmental Technologies in OECD Countries

Liu,

He,

2024

Energies

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This study examines the relationship between economic factors and environmental sustainability in OECD (Organisation for Economic Co-operation and Development) countries from 1990 to 2022, with a particular focus on the impact of renewable energy consumption and environmental technologies on CO2 emissions. The research utilizes empirical data to establish a clear negative correlation between the adoption of renewable energy sources and the level of CO2 emissions, highlighting the effectiveness of renewable energy in reducing the environmental impact of economic activities. This finding supports the theoretical perspective that transitioning to cleaner energy sources is vital for achieving environmental sustainability and aligns with the objectives of the OECD’s environmental sustainability program. Further analysis reveals a significant negative impact of environmental technologies on CO2 emissions, underscoring the importance of technological innovation in environmental conservation efforts. The study also explores the dual influence of GDP growth, urbanization, industrialization, and trade on CO2 emissions, revealing both positive and negative effects across different stages of economic development. Initially, these factors contribute to increased emissions, but as economies mature and integrate more efficient and cleaner technologies, their impact on emissions becomes negative. These findings demonstrate the complex interplay between economic development and environmental sustainability and emphasize the need for policies that encourage renewable energy adoption, support environmental technological innovations, and guide economies towards sustainable practices. The study provides valuable insights for policymakers and stakeholders, advocating for an integrated approach to ensure long-term environmental sustainability in OECD countries.

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“…1 The increasing population and fast pace of industrialization have resulted in an exponential increase in the global energy demand. 2,3 Despite the ongoing research and worldwide investment in renewable energy, some stakeholders have suggested that it will take more than 30 years to achieve industrial scale implementation of renewable energy in terms of transportation, heating, and generation of electricity. 4 This is because the major sources of renewable energy such as wind and sun are intermittent, depending on geographical locations and different seasons.…”

Section: Introductionmentioning

confidence: 99%

“…The population of the world is envisaged to increase from the present 8 billion to almost 9.7 billion within the next 30 years and could reach nearly 10.4 billion by the middle of the 2080s . The increasing population and fast pace of industrialization have resulted in an exponential increase in the global energy demand. , Despite the ongoing research and worldwide investment in renewable energy, some stakeholders have suggested that it will take more than 30 years to achieve industrial scale implementation of renewable energy in terms of transportation, heating, and generation of electricity . This is because the major sources of renewable energy such as wind and sun are intermittent, depending on geographical locations and different seasons. , Thus, wind and solar energy could only be successfully implemented in windy and sunny nations …”

Section: Introductionmentioning

confidence: 99%

The Influence of Microbial Activities on the Capillary Pressure during H₂ Injection: Implications for Underground H₂ Storage

Al-Yaseri,

Sakthivel,

Yekeen

et al. 2023

Energy Fuels

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Among the several options that are being considered for reducing the concentration of carbon dioxide in the atmosphere, the steady replacement of fossil fuels with clean hydrogen stands out as the most pragmatic approach and globally recognized option. To ensure a stable supply, H 2 needs to be stored at an industrial scale due to its low volumetric energy content. Depleted hydrocarbon reservoirs are a promising choice for storing H 2 due to their high sealing properties and storage capacity. Sulfate-reducing bacteria (SRB) are usually present in depleted hydrocarbon reservoirs; however, the effects of SRB activities on the wettability of H 2 /rock/SRB solution are rarely reported. Moreover, a few reported studies were conducted through contact angle measurement, but the uncertainties associated with this method limit its accuracy. Thus, this study explores capillary pressure (CP) measurements for quantifying the wettability of Berea sandstone/H 2 /SRB solution. H 2 /brine interfacial tension (IFT) measurement and X-ray photoelectron spectroscopy (XPS) analysis were also conducted to authenticate the CP measurement results. The CP curves for SRB-treated rocks shifted to the right, and the residual water saturation for the SRB-saturated cores was increased from 20% to 40% at 140 psi. The SRB solution did not demonstrate any significant impact on IFT values, however. The XPS analysis showed that the carboxylic acids were consumed due to the SRB microbial activity, suggesting that the relative concentration of carboxylic acid groups decreased during aging of the SRB solution resulting in significant alteration of Berea sandstone wettability toward water-wet in the presence of SRB.

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Understanding the importance of sustainable ecological innovation in reducing carbon emissions: investigating the green energy demand, financial development, natural resource management, industrialisation and urbanisation channels

Cited by 17 publications

References 159 publications

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Revolutionizing Environmental Sustainability: The Role of Renewable Energy Consumption and Environmental Technologies in OECD Countries

The Influence of Microbial Activities on the Capillary Pressure during H₂ Injection: Implications for Underground H₂ Storage

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Understanding the importance of sustainable ecological innovation in reducing carbon emissions: investigating the green energy demand, financial development, natural resource management, industrialisation and urbanisation channels

Cited by 17 publications

References 159 publications

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Financing and Management Strategies for Expanding Green Development Projects: A Case Study of Energy Corporation in China’s Renewable Energy Sector Using Machine Learning (ML) Modeling

Revolutionizing Environmental Sustainability: The Role of Renewable Energy Consumption and Environmental Technologies in OECD Countries

The Influence of Microbial Activities on the Capillary Pressure during H2 Injection: Implications for Underground H2 Storage

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The Influence of Microbial Activities on the Capillary Pressure during H₂ Injection: Implications for Underground H₂ Storage