The European Education Initiative as a Mitigation Mechanism for Energy Transition

Energies, Journal Year: 2022, Volume and Issue: 15(18), P. 6633 - 6633

Published: Sept. 10, 2022

The transformation of the European energy sector is becoming a priority for Union. This indicated, instance, in Union strategy known as Green Deal. According to Deal, area ‘research and innovation’ one which can counteract climate change. Universities play significant role this by adopting pedagogical approach aimed at mobilizing spirit innovation entrepreneurship young professionals. In addition modifying curricula related mining, energy, environmental engineering, i.e., activities recognized, traditional schemes, prospective tool may be involvement students PhD candidates initiatives such InnoEnergy School (which funded Institute Innovation Technology). paper aims discuss programme possible instrument mitigating negative effects transformation. article analyzes using case study method, including surveys open interviews. draws attention highlights human resources field education stimulation innovation, well need strengthen business component candidates.

Language: Английский

---

Dynamic impacts of globalization and environmental performance on renewable energy

Discover Sustainability, Journal Year: 2024, Volume and Issue: 5(1)

Published: Oct. 29, 2024

This study investigates the dynamic relationships between renewable energy consumption, globalization, trade openness, carbon emissions, and arable land in Somalia from 1990 to 2020 using annual time series data various sources. Employing econometric models such as ARDL, FMOLS, DOLS, analysis reveals significant long-run relationships. A 1% increase globalization (LnGI) openness (LnTO) boosts consumption (LnRE) by 0.123% 0.020%, respectively, while a rise emissions (LnCO2) decreases LnRE 0.088%. Short-run dynamics show similar trends. These findings, validated FMOLS DOLS techniques, emphasize impact of on adoption. Policymakers should promote global integration enforcing strict reduction measures support use achieve sustainable development goals.

Language: Английский

---

Assessing the Economic Impact of Forest Management in the Brazilian Amazon Through Real Options Analysis

Forests, Journal Year: 2024, Volume and Issue: 15(12), P. 2069 - 2069

Published: Nov. 23, 2024

Reduced-impact logging is a key aspect of sustainable forest management in the Brazilian Amazon. Real Options Analysis (ROA) improves evaluation certified projects, increases their value, and supports investor confidence. This study evaluates economic viability investment project areas Amazon, using ROA to incorporate uncertainty managerial flexibility into decision-making process. The analysis focused on an Ombrophilous Dense Forest its first cutting cycle, with 30 species diameter at breast height ≥ 50 cm projected activity period years. Timber value was modeled mean reversion motion, binomial decision model applied, incorporating options such as deferral, abandonment, interruption. deferral option should be exercised 100% probability, both joint calculation scenario separate analyses, highlighting significant this flexibility. In addition, when analyzed ROA, increased by 105% (USD 91,784,176) compared traditional net present approach. Amazon economically viable application reveals added, demonstrating importance decisions.

Language: Английский

---

Does geopolitical risk influence the commodity markets? Evidence from Vector error correction model

SSRN Electronic Journal, Journal Year: 2023, Volume and Issue: unknown

Published: Jan. 1, 2023

Uncertainty shocks are a major cause of commodity market fluctuations and turbulence. Hence, in this paper, we examine the nexus between geopolitical risks aluminum, Brent oil, gold, wheat. We also consider spillover effect price volatility different commodities on each other during periods risk. Using data from January 2022 to February 2023, employ Johansen cointegration test vector error correction model analyze short- long-run impacts prices selected commodities. The empirical analysis indicates significant positive relationship risk oil wheat, persisting both long-term periods. Also, exerts favorable influence short-term performance gold aluminum prices, yet its implications gradually diminish, ultimately resulting negligible impact. This study's significance lies contribution understanding specific markets, particularly context pressing crisis. explore From policy perspective, study recommends that policymakers anticipate short-run events recognize influencing short term. emphasizes interdependence various markets suggests changes one can have cascading effects others. As result, investors should these interdependencies when analyzing

Language: Английский

---

Real Options Adoption with Poisson Price, Quantity, and Policy Uncertainty Jumps

Theoretical Economics Letters, Journal Year: 2023, Volume and Issue: 13(06), P. 1548 - 1556

Published: Jan. 1, 2023

A unifying methodology is presented, which jointly considers correlated Brownian motion processes with Poisson jumps in both revenue and policy. The unique considering price quantity as geometric following a process from market shocks policy uncertainty.

Language: Английский

---