Does nuclear energy reduce carbon emissions despite using fuels and chemicals? Transition to clean energy and finance for green solutions

Green power conversion is the shift away from traditional fuels towards clean energy sources such as nuclear power plants, hydroelectric dams, wind farms, and solar panels. This research examines the impact of clean energy demand and green financing on reducing carbon emissions in 29 economies in Europe and Asia from 2007 to 2020. The study used a two-step differenced GMM estimator for the available data set spanning 2007 to 2020. The study found that rising demand for nuclear power helps to achieve a carbon-neutral agenda, but insufficient funding for renewable energy leads to higher carbon emissions. The research suggests increasing investment in nuclear energy and green financing can improve regional environmental quality. The study found a causal link between fuel imports, nuclear power and regional growth. It also determined that fuel imports, chemical use, green financing and the need for nuclear energy will likely impact regional environmental quality. The research recommends allocating more resources toward innovation to boost energy efficiency and expanding investment in renewable and nuclear energy production industries via green finance. The study also highlights the need to encourage the development of renewable energy sources to cut carbon emissions and establish a sustainable society

Economic growth and carbon emissions in Pakistan: the effects of China’s Logistics Industry

The logistics business is a crucial contributor to economic development, yet it is also the leading source of carbon emissions. Economic growth at the expense of environmental deterioration is a challenging issue; this phenomenon offered a new avenue for scholars and policymakers to investigate and address these issues. The recent study is one of the attempts to explore this intricate subject. The goal of this research is to determine whether or not the Chinese logistics sector has an impact on Pakistan’s GDP and carbon emissions as a result of CPEC. The research utilized data from 2007Q1 to 2021Q4 using the ARDL approach for an empirical estimate. Due to the mixed order of variable integration and finite data set, the ARDL technique is well deserved, which helps reach sound policy inferences. The study\u27s key results indicated that China’s logistic business enhances Pakistan\u27s economic development and carbon emissions in the short and long term. Similarly, China’s energy usage, technology, and transportation contribute to Pakistan\u27s economic progress at the price of environmental damage. The empirical study may be a model for other developing nations, given Pakistan’s viewpoint. With the support of the empirical results, policymakers in Pakistan and other associated countries would be able to plan for sustainable growth in conjunction with CPEC

Access to sustainable healthcare infrastructure: a review of industrial emissions, coal fires, and particulate matter

Environmental health is critical for the economy’s social welfare and environmental sustainability. Using time series data from 1975 to 2020, the research examines the short- and long-run relationship between environmental pollutants and healthcare costs in the context of Pakistan. The study’s results reveal that short-term and long-term efforts towards cleaner development in terms of carbon emissions, coal combustion, nitrous oxide (N2O) emissions, and industrial value-added have resulted in significant reductions in healthcare expenses due to improved management of industrial emissions. However, in the long run, particulate matter (PM2.5) has a detrimental effect on a country’s sustainable healthcare agenda, leading to increased healthcare costs. Furthermore, the increased use of coal-fired power plants that release polycyclic aromatic hydrocarbons (PAH) and revenue generated by contaminated production lead to higher out-of-pocket healthcare costs, increasing a country’s risk of morbidity and mortality. The study’s Granger causality estimations demonstrate that carbon emissions are responsible for emissions-driven healthcare expenses in a nation. Additionally, economic growth leads to increased carbon emissions and industrial toxins, which are also emission-led. Through variance decomposition analysis (VDA), the study finds that carbon emissions have the highest variance shock of 32.702% on healthcare expenditures in the next ten years. This is followed by polluted income and continued economic growth, which have a variance shock of 13.243% and 8.858%, respectively, over the same period. The findings indicate that the maximum healthcare benefits may be acquired by mitigating environmental pollutants via stringent environmental regulations, reducing industrial toxins through solid waste management techniques, and minimizing coal combustion reliance through renewable fuels. Environmental research is still required to provide more sustainable solutions to the sustainability of the global healthcare agenda

Security challenges and air quality management in india: Emissions inventory and forecasting estimates

The defense and peace literature have focused mainly on the military-growth nexus, with little attention paid to the environmental sustainability agenda, which is impacted by increased global arms transfers. The supply of lead-containing ammunition generates complex gas mixtures (including CO2 emissions) and particulates that harm the healthcare sustainability agenda. Based on the significance of the subject matter, the study uses the Indian economy as a case study, with a significant rate of arms transfers associated with higher carbon emissions. The study analyzed data from more than four decades, from 1975 to 2020. Data on arms imports, military personnel, and military expenditures are used to evaluate the ‘ammunition emissions function’. It corresponds to the three research hypotheses, namely, the ‘emissions-defense burden hypothesis’ (arms transfers increase carbon emissions), the ‘emissions-cleaner hypothesis’ (arms transfers reduce carbon emissions), and the ‘emissions-asymmetric hypothesis’ (positive and negative shocks of arms transfers either support the ‘defense burden hypothesis’ or ‘cleaner hypothesis’). The non-linear autoregressive distributed lag (NARDL) results confirmed the ’emissions-defense burden hypothesis‘ in the long run, as positive and negative shocks from arms imports increase carbon emissions. However, in the short run, positive arms imports increase carbon emissions while negative arms imports decrease carbon emissions. Furthermore, the findings supported the ’emissions-cleaner hypothesis‘ in the relationship between armed forces personnel and carbon emissions. The findings imply that the positive and negative shocks experienced by armed forces personnel reduce carbon emissions in the short and long run. Positive shocks to military spending support the ’emissions-defense burden hypothesis‘ in the short run; however, the results vanished when negative shocks to military spending supported the ’emissions-spillover hypothesis‘ (lowering military spending reduces carbon emissions and increases economic productivity) in the short and long run. The country’s unsustainable economic activities are viewed as a negative factor contributing to long-term carbon emissions increases. The negative shocks of armed forces personnel and positive arms imports would almost certainly have a significant long-term impact on carbon emissions. As a result, the ‘treadmill theory of destruction’ has been confirmed in a country. The study concludes that lead-free ammunition and managing ammunition safety are beneficial to a country’s environmental sustainability agenda

Assessing hybrid solar-wind potential for industrial decarbonization strategies: Global shift to green development

The global energy mix is shifting from fossil fuels to combinations of multiple energy storage and generation types. Hybrid energy system advancements provide opportunities for developing and deploying innovative green technology solutions that can further reduce emissions and achieve net-zero emissions by 2050. This study examined the impact of an increasing share of wind and solar electricity production on reducing carbon intensity by controlling coal and lignite domestic consumption and the production of refined oil products in a world aggregated data panel. Data covering the last three decades were used for the analysis by the ARDL bounds testing approach. The results showed that an increasing share of wind and solar electricity production would be helpful to decrease carbon intensity in the short and long term. On the other hand, a 1% increase in coal and domestic lignite consumption increased carbon intensity by 0.343% in the short run and 0.174% in the long run. The production of refined oil products decreases carbon intensity by 0.510% in the short run and 0.700% in the long run. However, refining oil products is associated with positive and negative environmental externalities. The positive aspect depends upon the removal of harmful pollutants and the production of cleaner-burning fuels, while the negative part is related to the operational side of refineries and processing plants that may release contaminants into the atmosphere, affecting global air and water quality. Hence, it is crucial to improve processing and refining capacity to produce better-refined oil products by using renewable fuels in energy production. It is proposed that these are the most cost-effective pathways to achieve industrial decarbonization

A green perspective: Investigating the optical effects of e-commerce, renewable energy demand, and services trade on carbon emissions

Green digital marketing encourages consumers to make ethical purchases and pressures businesses to up their sustainability game via digital channels. Although helping economic development, the increased demand for internet things in Asia negatively impacts the environment. Using the PMG-ARDL and fixed effect models, this research looks at the effects of e-commerce on the environment in five developed Asian nations from 1990 to 2020. According to the findings, online shopping has a favourable short-term effect on carbon emissions but a negative long-term impact. Long-term increases in carbon emissions are attributable to R&D spending and trade-in services, but shorter-term reductions in emissions are attributable to trade-in services. Carbon emissions fall as economies expand. Economic growth is estimated to be a Granger cause of e-commerce and trade-in services. In contrast, e-commerce is estimated to be a Granger cause of renewable energy and service trade. E-commerce, demand for renewable energy sources, R&D expenditures, and international trade in services are projected to have the largest influence on carbon emissions over the next decade, according to a variance decomposition analysis (VDA). Investment in R&D should be increased, eco-friendly e-commerce projects should be subsidized, and targets should be established for the development of renewable energy sources in order to enhance environmental quality