EUROPEAN JOURNAL OF SUSTAINABLE DEVELOPMENT RESEARCH

Keyword: greenhouse gas

2 results found.

Research Article
Determinants of Greenhouse Gas Emissions
European Journal of Sustainable Development Research, 2022, 6(4), em0194, https://doi.org/10.21601/ejosdr/12176
ABSTRACT: This paper examined the determinants (decomposed into enablers and de-enablers) of global greenhouse gas (GHG) emissions to deepen the debate on enhancing the implementation of the social cost of carbon or carbon pricing. Data from world development indicators were utilized in this study. The study leverages the autoregressive distributive lag model, pairwise granger causality, and impulse response function tests. This study found that there is a long-run relationship between selected economic indicators and GHG emissions in the global economy. In the long run, the GHG emissions enablers are FDI inflow and fossil fuel consumption. On the other hand, de-enablers of GHG emissions are GDP growth rate and merchandise trade. However, gas, oil, and coal use for electricity and fertilizer consumption have mixed finding across the regions. Also, the study observed that there exists no causality between GHG emissions and selected finance-related variables. A 1% shock in GHG emissions generates monetary volatility. Based on the findings that global trade generates a similar impact on GHG emissions across high-income countries, low-income countries, and middle-income countries. This study recommends the imposing of carbon tax and cap-and-trade on the GHGs polluting sectors and countries involved in the production and distribution of economic goods (activities) enabling GHG emissions.
Research Article
Advanced Biofuels: Review of Effects on Environment and Socioeconomic Development
European Journal of Sustainable Development Research, 2020, 4(4), em0129, https://doi.org/10.29333/ejosdr/8245
ABSTRACT: In the current scenario when depleting crude oil sources pose a challenge against energy security the advanced biofuels seems as suitable alternate for transport sector. Because of lignocellulosic biomass based production advanced biofuels are considered as environment friendly and they have positive income and employment impacts on the socioeconomic conditions. The study has objectives to test the aforementioned claims on the basis of a review of available literature. It is found that the GHG emission from conventional biofuels is not as much lower as claimed. But the advanced biofuels found to be more environment friendly than their counterparts. The data on socioeconomic impacts of advanced biofuel is scarce and only available for the USA which is reported in this study. It is found that the agriculture sector is significantly benefited sector by the industrial scale production of the advanced biofuels. For the assessment of large scale impacts it is assumed that the dynamics of spreading of socioeconomic impacts of advanced biofuels industry is same as the conventional biofuel industry. On the basis of aforementioned observations, this study also supports the notion of positive environmental and socioeconomic impacts of the advanced biofuels but on the conditions of sustainable and decarbonized supply chain.