Panel heterogeneous distribution analysis of trade and modernized agriculture on CO2 emissions: The role of renewable and fossil fuel energy consumption

In line with the global target of reducing climate change and its impact, this study explored the causal relationship between CO₂ emissions, modernized agriculture, trade openness, aggregate and disaggregate energy consumption in 14 African countries from 1990–2013 using a panel quantile estimation procedure. The empirical results showed that value addition to agricultural commodities declines CO₂ emissions in countries with high pollution levels. The study revealed a positive nexus between CO₂ emissions and energy consumption homogeneously distributed across quantiles. Trade openness was found to lower CO₂ emissions in countries with lower and higher levels of environmental pollution. While fossil fuel energy consumption was found to exacerbate CO₂ emissions, renewable energy consumption confirmed its mitigating effect on environmental pollution. The institution of climate‐smart agricultural options will sustainably increase productivity and income while adapting to climate change by reducing greenhouse gas emissions. Diversification of energy technologies with clean and modern energy sources like renewables avoid the over‐dependence on fossil fuels for agricultural purposes. Trade policies can stimulate flows of technology and investment opportunities for specialization in production and economies of scale. Hence, the consideration of policies that boost agricultural sector productivity and create an efficient market for international trade in Africa will help in improving livelihoods.     

Taking Venezuela back to the sustainability path: The role of financial development and economic integration in low‐carbon transition

Environmental protection and sustainable development are connected. Such connection is considered highly important for Venezuela, where fossil fuel abundance has created economic and environmental challenges. Surprisingly, only limited attention has been directed to identifying policy options for charting the path to sustainable development in the economy. Contributing to filling this gap in the literature, this study examines whether financial development, de facto and de jure conditions in trade and financial integration can trigger long‐term economic shifts that will change the trajectory of carbon dioxide (CO₂) emissions in the economy using a novel estimation approach—dynamic simulations of autoregressive distributed lag (ARDL) models. The empirical modelling framework incorporates the impact of population, economic growth, energy intensity and government consumption expenditure. ARDL‐bounds test provides evidence that the variables are cointegrated. Long‐run estimates from the dynamic ARDL analysis show that de facto and de jure conditions in trade and financial components of economic integration offer varied policy options for carbon mitigation in Venezuela. Population size, energy intensity, government consumption expenditure and de facto condition in financial integration have increasing impact on CO₂ emissions, exacerbating suitability challenges in the economy. On the other hand, positive shocks in financial development, de facto condition in trade integration and de jure condition in financial integration have a mitigation effect on CO₂ emissions. Overall, financial development, trade integration and the control of cross‐border financial flows are needed economic conditions that can accelerate a quick transition to a low‐carbon develpoment in Venezuela.     

Toward sustainable use of natural resources: Nexus between resource rents,affluence, energy intensity and carbon emissions in developing and transition economies

Sustainable use of natural resources would entail ensuring that derived economic benefits today do not undermine the welfare of generations to come. On this basis, this study examines the nexus between natural resource rents and carbon dioxide (CO₂) emissions disaggregated into production and consumption-based (i.e., trade-adjusted) CO₂ emissions for a selected panel of 45 developing and transition economies over the period 1995–2017. The empirical model also incorporates the impacts of population, affluence, and energy intensity. The results show that affluence increases production-based CO₂ emissions by 1.407%, with the EKC's predicted inverted U-shaped curve only explaining consumption-based CO₂ emissions. Economic reliance on natural resource rents and energy intensification contribute 0.022% and 0.766%, respectively, to CO₂ emissions embedded in territorial production inventories and 0.035% and 0.583%, respectively, to CO₂ emissions embedded in consumption inventories. The bootstrap non-causality test shows that historical data on each variable has significant predictive power for future CO₂ emissions from both sources. The historical information about natural resource rents has significant predictive power over the future levels of affluence and energy intensity. Clearly, the results show that the environmental impact of natural resource rents is stronger when CO₂ emissions are adjusted for trade and varies among the countries, with Bangladesh, Guinea, India, Malaysia, Mexico, Nigeria, Pakistan, Saudi Arabia, Vietnam, and Zimbabwe among the most affected countries. Overall, this study provides motivation for policies to keep the use of natural resources within sustainable limits.     

Causal interactions between environmental degradation,renewable energy,nuclear energy and real GDP: a dynamic panel data approach

Renewable energy as well as nuclear energy are low carbon power that presents the life cycle emissions of greenhouse gases than fossil fuel energy. However, analyzing the relationship between the consumption of renewable energy, consumption of nuclear energy, CO₂ emissions and economic growth is crucial for the economic and energy policy decision; we address this question for developed countries. This paper deals with the relationships between nuclear energy, environmental degradation, real GDP and renewable energy. We apply a panel data model for a global panel consisting of nine developed countries during the period 1990–2013. The group studied consists of Canada, France, Japan, Netherlands, Spain, Sweden, Switzerland, UK and the USA. The empirical findings suggest that: (1) a causal link between emissions and real income, (2) a unidirectional causality running from renewable energy to nuclear energy, (3) a unidirectional causal relationship running from capital to environmental degradation, (4) a unidirectional causal relationship running from income to nuclear energy consumption, since the growth hypothesis is valid, (5) a unidirectional causality running from capital to income, (6) no an outstanding role of renewable energy use in the contribution of CO₂ emissions.     

Environmental policy stringency,renewable energy consumption and CO2 emissions: Panel cointegration analysis for BRIICTS countries

ABSTRACT

The aim of this paper is to investigate the relationship between environmental policy stringency and CO₂ emissions in BRIICTS (Brazil, Russia, India, Indonesia, China, Turkey and South Africa) for the period 1993–2014 after controlling for renewable energy, fossil energy, oil prices and income. We believe that this is the first attempt to use the recently OECD-developed environmental policy stringency index to test the effectiveness of environmental stringency policy in reducing CO₂ emission in these countries. Applying the Panel Pooled Mean Group Autoregressive Distributive Lag (PMG-ARDL) estimator, we found an inverted U–shaped relationship between environmental policy stringency and CO₂ emissions. This suggests that initially strict stringent environmental policy does not lead to improvements in the environment but after a certain level or a threshold point, environmental stringency policy leads to improvement in environmental quality. Renewable energy consumption was negatively related to CO₂ emissions while fossil energy consumption and real oil prices and income were positively and significantly related to CO₂. Our findings suggest that strengthening the stringency of environmental policies and promoting renewable energy are effective ways of preventing environmental degradation in BRIICTS countries.     

Trade–finance complementarity and carbon emission intensity: panel evidence from middle-income countries

This paper examines the complementarity/substitutability of international trade and financial development in the mitigation of carbon emissions for a panel sample of 62 middle-income countries from 1991 to 2010. Applying the bias-corrected LSDV estimator, the paper yields interesting results. For the full sample, international trade and financial development play an interactive and complementary role in reducing CO₂ intensity of energy use. That is, the environmental benefit of international trade is materialized only if a country has a well-developed financial market. Likewise, financial development is beneficial to the environment only in a highly open economy. Having stated these, the analysis also uncovers evidence that these results may be different across levels of income or across regions. The results bear important policy implications for the abatement of the environmental problem in the middle-income countries.     

对外经济贸易对中国碳排放的影响:基于省级面板数据的实证分析

改革开放以来,我国的对外经济贸易有了显著的发展,外商直接投资和进出口的快速增长有效地推动了经济的快速发展。然而在经济发展的同时,我国碳排放水平日益提高,已成为全球最大排放国。为了更好地管控碳排放,研究外商直接投资(FDI),对外贸易与碳排放的关系具有重要意义。本文通过对我国1995—2011年29个省(市、自治区)的FDI、对外贸易对碳排放的动态效应分析发现,FDI与进出口水平的提升均有利于降低我国碳排放的水平,“污染天堂”假说在我国并未得到证实。同时,本文验证了“环境库兹涅茨曲线”在我国的存在,证实了我国的碳排放水平与人均GDP存在倒“U”型关系。     

From Iran: Does Improvement in Corporate Environmental Performance Affect Corporate Risk Taking?

Superior corporate environmental performance (CEP) has become essential to the competitive advantage and financial success of businesses. However, the main reasons managers pay attention to environmental performance are improved reputation in the capital market and profitability, as well as reductions in operating costs and risks. This article describes the findings of a study that examines the relationship between CEP, using a reduction of carbon dioxide (CO₂) emissions as a measure, and corporate risk taking. In addition to indicating a significant negative relationship between CEP and firm risk, the study results also show that a 1% improvement of CEP decreases corporate risk by 3%.     

Environmental impacts of absorption-based CO2 capture unit for post-combustion treatment of flue gas from coal-fired power plant

This study assesses potential environmental impacts of the absorption-based carbon dioxide (CO₂) capture unit that is integrated to coal-fired power plant for post-combustion treatment of flue gas. The assessment was performed by identifying potential pollutants and their sources as well as amounts of emissions from the CO₂ capture unit and also by reviewing toxicology, potential implications to human health and the environment, as well as the environmental laws and regulations associated with such pollutants. The assessment shows that, while offering a significant environmental benefit through a reduction of greenhouse gas emissions, the installation of CO₂ capture units for post-combustion treatment might induce unintentional and potential burdens to human health and the environment through four emission pathways, including treated gas, process wastes, fugitive emissions, and accidental releases. Such burdens nevertheless can be predetermined and properly mitigated through a well-established environmental management program and mitigation measures. Recommendations to minimize these impacts are provided in this paper.     

Worst case scenario study to assess the environmental impact of amine emissions from a CO2 capture plant

Use of amines is one of the leading technologies for post-combustion carbon dioxide capture from gas and coal-fired power plants. This study assesses the potential environmental impact of emissions to air that result from use of monoethanol amine (MEA) as an absorption solvent for the capture of carbon dioxide (CO₂). Depending on operation conditions and installed reduction technology, emissions of MEA to the air due to solvent volatility losses are expected to be in the range of 0.01–0.8 kg/tonne CO₂ captured. Literature data for human and environmental toxicity, together with atmospheric dispersion model calculations, were used to derive maximum tolerable emissions of amines from CO₂ capture. To reflect operating conditions with typical and with elevated emissions, we defined a scenario MEA-LOW, with emissions of 40 t/year MEA and 5 t/year diethyl amine (DEYA), and a scenario MEA-HIGH, with emissions of 80 t/year MEA and 15 t/year DEYA. Maximum MEA deposition fluxes would exceed toxicity limits for aquatic organisms by about a factor of 3–7 depending on the scenario. Due to the formation of nitrosamines and nitramines, the estimated emissions of DEYA are close to or exceed safety limits for drinking water and aquatic ecosystems. The “worst case” scenario approach to determine maximum tolerable emissions of MEA and other amines is in particular useful when both expected environmental loads and the toxic effects are associated with high uncertainties.     

Life cycle assessment of a pulverized coal power plant with post-combustion capture, transport and storage of CO2

In this study the methodology of life cycle assessment has been used to assess the environmental impacts of three pulverized coal fired electricity supply chains with and without carbon capture and storage (CCS) on a cradle to grave basis. The chain with CCS comprises post-combustion CO₂ capture with monoethanolamine, compression, transport by pipeline and storage in a geological reservoir. The two reference chains represent sub-critical and state-of-the-art ultra supercritical pulverized coal fired electricity generation. For the three chains we have constructed a detailed greenhouse gas (GHG) balance, and disclosed environmental trade-offs and co-benefits due to CO₂ capture, transport and storage. Results show that, due to CCS, the GHG emissions per kWh are reduced substantially to 243 g/kWh. This is a reduction of 78 and 71% compared to the sub-critical and state-of-the-art power plant, respectively. The removal of CO₂ is partially offset by increased GHG emissions in up- and downstream processes, to a small extent (0.7 g/kWh) caused by the CCS infrastructure. An environmental co-benefit is expected following from the deeper reduction of hydrogen fluoride and hydrogen chloride emissions. Most notable environmental trade-offs are the increase in human toxicity, ozone layer depletion and fresh water ecotoxicity potential for which the CCS chain is outperformed by both other chains. The state-of-the-art power plant without CCS also shows a better score for the eutrophication, acidification and photochemical oxidation potential despite the deeper reduction of SO_x and NO_x in the CCS power plant. These reductions are offset by increased emissions in the life cycle due to the energy penalty and a factor five increase in NH₃ emissions.     

减污降碳协同增效的关键路径与政策研究

全面推动实现减污降碳协同增效是新发展阶段我国兑现碳达峰碳中和庄严承诺、深入打好污染防治攻坚战、建设美丽中国的必然要求。环境污染物与二氧化碳排放的高度同源性是实现减污降碳协同增效的理论基础。本文首先就目标指标、管控区域、控制对象、措施任务、政策工具五个方面的协同性系统讨论了减污降碳协同增效的基本内涵。其次，着眼于当前大气环境治理与碳减排在中国的重要性，本文在国家层面讨论了二者的中长期协同控制路线图，阐述了重点协同区域的识别方法和重点部门的协同治理思路，系统提出了大气环境治理与碳减排的协同路径。再次，本文还就“无废城市”建设和生态保护这两个领域与碳减排的协同治理思路展开分析讨论。最后，针对减污降碳协同治理对政策体系的需求，提出了统筹优化减污降碳协同目标、建立协同法规标准、建立减污降碳协同管理制度三个方面的建议。本研究将有助于厘清各方对减污降碳协同增效的认识，对各级政府后续推进减污降碳协同治理工作提供理论和科学基础。     

基于混合生命周期评价模型的我国食物系统水资源消耗及二氧化碳排放核算

食物生产不仅依赖水资源,同时产生大量二氧化碳排放,这种资源环境影响存在于食物系统整个产业链。为促进食物系统节水降碳,本文构建了包含5大类共23种具体食物部门的混合生命周期评价模型,对各类食物系统的完全水资源消耗和二氧化碳排放进行了核算与比较。结果表明：①不同食物的水资源消耗和二氧化碳排放差异明显,动物性食物的平均水资源消耗和二氧化碳排放强度分别为植物性食物的1.9 ～ 15.0倍和1.9 ～ 2.7倍;②食物系统直接和间接水资源消耗占比较为接近,但二氧化碳排放主要源自上游产业链的间接排放,占比高达80.9%;③食物系统间接水资源消耗主要来自农业部门,而间接碳排放主要来自电力生产和供应业、基础化工原料制造业、非金属矿产品行业和交通运输业;④从营养元素供给看,动物性食物提供蛋白质和脂肪的资源环境影响高于植物性食物,蔬菜和主食分别在提供维生素C和碳水化合物上具有最小的环境成本。基于本文结果,食物系统节水应主要提高生产环节用水效率,而降碳则主要依靠上游产业减排,特别是发电和化肥生产等行业的协同节水减碳潜力。同时,本文结果也可为未来基于环境影响制定膳食指南提供数据支撑。     

Impact of Human Activities on Carbon Dioxide (CO<Subscript>2</Subscript>) Emissions: A Statistical Analysis

Summary The balance of evidence suggests a perceptible human influence on global ecosystems. Human activities are affecting the global ecosystem, some directly and some indirectly. If researchers could clarify the extent to which specific human activities affect global ecosystems, they would be in a much better position to suggest strategies for mitigating against the worst disturbances. Sophisticated statistical analysis can help in interpreting the influence of specific human activities on global ecosystems more carefully. This study aims at identifying significant or influential human activities (i.e. factors) on CO₂ emissions using statistical analyses. The study was conducted for two cases: (i) developed countries and (ii) developing countries. In developed countries, this study identified three influential human activities for CO₂ emissions: (i) combustion of fossil fuels, (ii) population pressure on natural and terrestrial ecosystems, and (iii) land use change. In developing countries, the significant human activities causing an upsurge of CO₂ emissions are: (i) combustion of fossil fuels, (ii) terrestrial ecosystem strength and (iii) land use change. Among these factors, combustion of fossil fuels is the most influential human activity for CO₂ emissions both in developed and developing countries. Regression analysis based on the factor scores indicated that combustion of fossil fuels has significant positive influence on CO₂ emissions in both developed and developing countries. Terrestrial ecosystem strength has a significant negative influence on CO₂ emissions. Land use change and CO₂ emissions are positively related, although regression analysis showed that the influence of land use change on CO₂ emissions was still insignificant. It is anticipated, from the findings of this study, that CO₂ emissions can be reduced by reducing fossil-fuel consumption and switching to alternative energy sources, preserving exiting forests, planting trees on abandoned and degraded forest lands, or by planting trees by social/agroforestry on agricultural lands.     

Bottom-up approach for downscaling CO2 emissions in Taiwan: robustness analysis and policy implications

The roles and responsibilities of cities in CO₂ mitigation have drawn increasing attention in recent years. To facilitate optimal design of effective mitigation policies, it is important for city authorities to understand the magnitudes and sources of their CO₂ emissions, and their relative shares of emissions at a higher spatial level. Although several studies estimate CO₂ emissions at the city level, the robustness of these estimates and their linkage to emissions at a higher level remains unclear. This kind of localized information on emissions is important for coordination of climate policies at different spatial scales. The study aims to fill a gap in understanding by building a systematic bottom-up approach for estimating urban CO₂ emissions and offering a consistency check with IPCC top–down estimates. Using Taiwan as a case study, we display the geographic distribution of CO₂ emissions. The significance and implications of the downscaling CO₂ emissions are indicated accordingly.     

The channels of the effect of government expenditure on the environment: evidence using dynamic panel data

This paper explores the relationship between government spending and environmental quality using panel data for 94 countries for the period 1970–2008. We identify and estimate three distinct channels that comprise the total direct effect of government expenditure on air pollution, namely a marginal effect, an effect conditional on economic growth and an effect conditional on institutional quality. Since adjustment rate of emissions to their equilibrium level is slow due to technological and institutional reasons, we explicitly take into account dynamics by applying appropriate econometric methods. The results demonstrate that there is a significant alleviating direct effect of government expenditure on SO₂ and NO_x emissions, which increases with the level of economic growth and democracy. However, there is no evidence of a significant effect on pollutants with more global impact on the environment and human health, like N₂O and CO₂, implying that the adoption of international environmental treaties is required in this case.     

The Climate Value of Cycling

The reduction of CO₂ emissions constitutes one of the largest challenges of the current era. Sustainable transportation, and especially cycling, can contribute to the mitigation of CO₂ emissions since cycling possesses an intrinsic zero‐emission value. Few studies have been conducted that appraise the CO₂ reduction potential of cycling. Opportunity costs enable the estimation of avoided CO₂ emissions resulting from bicycle trips. The methodology developed in this research allows the attribution of a climate value to cycling by substituting bicycle trips with their most likely alternative transportation modes and calculating the resulting additional CO₂ emissions. The methodology uses data on the current modal shares of cycling mobility, the competition of cycling with other transportation modes, and CO₂ emission factors to calculate the climate value of cycling. When it is assumed that the avoided CO₂ emissions of cycling mobility could be traded on financial carbon markets, the climate value of cycling represents a monetary value. Application of the methodology to the case of Bogotá, Colombia — a city with a current bicycle modal share of 3.3% on a total of 10 million daily trips — results in a climate value of cycling of 55,115 tons of CO₂ per year, corresponding to an economic value of between 1 and 7 million US dollars when traded on the carbon market.     

Capture-ready coal plants—Options,technologies and economics

This paper summarizes the spectrum of options that can be employed during the initial design and construction of pulverized coal (PC), and integrated gasification and combined cycle (IGCC) plants to reduce the capital costs and energy losses associated with retrofitting for CO₂ capture at some later time in the future. It also estimates lifetime (40 year) net present value (NPV) costs of plants with differing levels of pre-investment for CO₂ capture under a wide range of CO₂ price scenarios. Three scenarios are evaluated—a baseline supercritical PC plant, a baseline IGCC plant and an IGCC plant with pre-investment for capture. This analysis evaluates each technology option under a range of CO₂ price scenarios and determines the optimum year of retrofit, if any. The results of the analysis show that a baseline PC plant is the most economical choice under low CO₂ prices, and IGCC plants are preferable at higher CO₂ prices (e.g., an initial price of about $22/t CO₂ starting in 2015 and growing at 2%/year). Little difference is seen in the lifetime NPV costs between the IGCC plants with and without pre-investment for CO₂ capture. This paper also examines the impact of technology choice on lifetime CO₂ emissions. The difference in lifetime emissions become significant only under mid-estimate CO₂ price scenarios (roughly between $20 and 40/t CO₂) where IGCC plants will retrofit sooner than a PC plant.     

The impact of electric passenger transport technology under an economy-wide climate policy in the United States: Carbon dioxide emissions,coal use,and carbon dioxide capture and storage

Plug-in hybrid electric vehicles (PHEVs) have the potential to be an economic means of reducing direct (or tailpipe) carbon dioxide (CO₂) emissions from the transportation sector. However, without a climate policy that places a limit on CO₂ emissions from the electric generation sector, the net impact of widespread deployment of PHEVs on overall U.S. CO₂ emissions is not as clear. A comprehensive analysis must consider jointly the transportation and electricity sectors, along with feedbacks to the rest of the energy system. In this paper, we use the Pacific Northwest National Laboratory's MiniCAM model to perform an integrated economic analysis of the penetration of PHEVs and the resulting impact on total U.S. CO₂ emissions. In MiniCAM, the deployment of PHEVs (or any technology) is determined based on its relative economics compared to all other methods of providing fuels and energy carriers to serve passenger transportation demands. Under the assumptions used in this analysis where PHEVs obtain 50–60% of the market for passenger automobiles and light-duty trucks, the ability to deploy PHEVs under the two climate policies modelled here results in over 400 million tons (MT) CO₂ per year of additional cost-effective emissions reductions from the U.S. economy by 2050. In addition to investments in nuclear and renewables, one of the key technology options for mitigating emissions in the electric sector is CO₂ capture and storage (CCS). The additional demand for geologic CO₂ storage created by the introduction of the PHEVs is relatively modest: approximately equal to the cumulative geologic CO₂ storage demanded by two to three large 1000 megawatt (MW) coal-fired power plants using CCS over a 50-year period. The introduction of PHEVs into the U.S. transportation sector, coupled with climate policies such as those examined here, could also reduce U.S. demand for oil by 20–30% by 2050 compared to today's levels.     

Nexus between renewable energy consumption,economic growth,and CO2 emissions in Algeria: New evidence from the Fourier-Bootstrap ARDL approach

Governments often impose new energy strategies to support new CO₂ emission-reducing technologies without affecting economic growth. Hence, this study aims to re-investigate the relationship between economic growth, renewable energy use, and CO₂ emissions in Algeria from 1990 to 2018. Motivated by the mixed findings of the existing literature, which ignore the Fourier function and bootstrap test and apply the newly developed Fourier bootstrap autoregressive distributed lag model (FARDL). Our findings indicate that renewable energy use and growth have a long-run relationship with CO₂ emissions and do not accept the existence of the Environmental Kuznets Curve (EKC) hypothesis for CO₂ emissions in Algeria. In the long term, the results show that renewable energy use has a negative and significant impact, and growth has a positive and statistically significant effect on CO₂ emissions. In the short run, the findings indicate that renewable energy use reduces CO₂ emissions, while both the growth and squared growth had positive and statistically insignificant impacts on CO₂ emissions, confirming the lack of evidence supporting the EKC hypothesis. Moreover, the causality test indicates a one-way causation from growth to renewable energy use, confirming the conservation hypothesis for Algeria and from growth to CO₂ emissions. Interestingly, we found one-way causality from CO₂ emissions to renewable energy use, attributing this to the fact that renewable energy usage has yet to reach a point that it can significantly cause a CO₂ emissions reduction. Based on the results, we recommend that policymakers design appropriate policies to decarbonize energy consumption, e.g., increasing fossil fuel costs and implementing a carbon tax. In contrast, Algeria should promote new CO₂ emission-reducing technologies without affecting economic growth, e.g., tax exemptions and reductions for enterprise owners in the renewable energy industry.