The contribution of economic development, renewable energy, technical advancements, and forestry to Uruguay's objective of becoming carbon neutral by 2030

Carbon Research, Journal Year: 2023, Volume and Issue: 2(1)

Published: May 18, 2023

Abstract Uruguay has set a target of becoming carbon neutral by the year 2030, and this study looks into role that economic progress, renewable energy utilization, technological innovations, forest extent could play in reaching goal. The Dynamic Ordinary Least Squares (DOLS) technique was applied to examine time series data from 1990 2021. According outcomes DOLS estimation, one-percentage-point boost growth is associated with 1.16% increase CO 2 emissions. However, increasing use 1% related reduction emissions 0.73 percent over long run, as indicated coefficient being negative statistically significant. calculated long-run innovations significant, suggesting innovation causes 0.11% cut area notably which means expanding lessens 0.56%. empirical results show Uruguay's economy grows, so do its emissions, but country may get closer goal neutrality through growing energy, innovation, sustainable management. robustness verified utilizing fully modified least squares (FMOLS) canonical cointegrating regression (CCR) techniques. In order for reach article offers policy ideas centered on low-carbon economy, promoting financing Graphical

Language: Английский

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A review on the integrative approach for economic valuation of forest ecosystem services

Journal of Environmental Science and Economics, Journal Year: 2023, Volume and Issue: 2(3), P. 1 - 18

Published: July 31, 2023

Forests have the most biodiversity and provide vital ecosystem services. They offer numerous forest-related services, some of which can be commercialized. This improves social, cultural, health, scientific life. Nonmarketable intangible services are discounted because people think they're endless free. Humans changed natural social worlds through using resources improving well-being. Public private decision-makers often compete over capital. The loss biodiversity, climate change, global warming interconnected with development ensuring an acceptable level well-being for majority humanity, making it difficult a single, individual approach to estimating value these goods generate support decisions policies in complex areas. complexity products requires integrated assessment cutting-edge technologies approaches pluralist framework heterogeneous values. evaluation should encompass costs benefits several commodity service applications. These usage' effects on economic, cultural advancement also crucial. extensive thorough enthronization ecosystems affect amount quality services; thus, is quantify complicated inverse effect from civilization nature. Studies show that incorporating sustainability sciences into integrative may environmental policy future.

Language: Английский

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The role of renewable energy and technological innovations toward achieving Iceland's goal of carbon neutrality by 2040

Journal of Technology Innovations and Energy, Journal Year: 2023, Volume and Issue: 2(1), P. 22 - 37

Published: March 9, 2023

Iceland has set a target of becoming carbon neutral by the year 2040, and this study looks into role that economic growth, renewable energy use, technological innovation could play in getting them there. The Dynamic Ordinary Least Squares (DOLS) technique was used to analyze time series data from 1990 2021. According results DOLS estimation, one-percentage-point increase growth is associated with 0.39% CO2 emissions. Furthermore, increasing use 1% related reduction emissions 1.46 percent over long run, as indicated coefficient being negative statistically significant. calculated long-run technical significant, suggesting 0.02% empirical show Iceland's economy grows, so do its emissions, but country may get closer objective neutrality through growing innovation. Alternative estimators, such fully modified least squares (FMOLS) canonical cointegrating regression, not significantly affect estimated (CCR). pairwise Granger causality test employed capture causal relationship between variables. In order for reach article offers policy ideas centered on low-carbon economy, promotion sources, financing progress.

Language: Английский

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Sectoral growth and carbon dioxide emission in Africa: can renewable energy mitigate the effect?

Research in Globalization, Journal Year: 2023, Volume and Issue: 6, P. 100130 - 100130

Published: May 9, 2023

Owing to increased energy consumption, the growth of various sectors economies has tendency increase carbon dioxide emissions, a major component greenhouse gases that causes climate change and global warming. A suggested panacea is development usage renewable which cleaner emits less dioxide. In this study emission effect in agricultural sector, industrial service sector assessed. It goes on analyse moderation role sectoral growth-carbon emissions nexus. Using data from 32 African countries for period 2002–2021, finds expansion exerts upward pressure region while reduces emissions. Furthermore, interacts with reduce their impact opposite observed sector. Other findings are trade openness, urbanization income The recommends need remove financial impediments constrain firms operating economies. This will enhance acquisition efficient technologies operations order Also, governments should support adoption energy. Incentives be introduced "lure" adopt Imposition heavy tax whose cause higher may help ensure becomes environmentally friendly.

Language: Английский

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High-income developing countries as pollution havens: Can financial development and environmental regulations make a difference?

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 436, P. 140479 - 140479

Published: Dec. 30, 2023

Language: Английский

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