Multifaceted natural resources and green energy transformation for sustainable industrial development

扫码查看

原文链接

万方数据
维普

外文摘要：Climate change is the most phenomenal challenge to humanity,and its roots are intervened with unsus-tainable industrialization,exercising overexploitation of natural resources.Therefore,the departure from non-renewable to renewables has become inevitable,though thought-provoking.In this respect,we explore how green energy transformation moderates the impacts of multifaceted natural resources on sustainable industrial development in the presence of other covariates involving technological progress,financial development,and economic progress.We compiled data from Group of Seven(G-7)members over the 1995-2018 period and applied panel quantile regression(PQREG)to capture the effects across varying levels of quantiles of sustainable industrial development.Results revealed a positive role of nat-ural gas rents,while coal,forest,and total natural resource rents contributed adverse implications for sustainable industrial development.However,the green energy transformation proved to be the game changer because it not only directly induced sustainable industrial development improvement but also turned the unfavorable effects of coal,forest,and total natural resources into favorable ones by interact-ing with those multifaceted natural resources.Technological,financial,and economic progress supported sustainable industrial development in G-7 nations,particularly in members with existing middle and upper scales of sustainable industrial development.These findings are robust enough when subjected to different estimation tools.In light of these outcomes,the interaction between green energy transfor-mation and natural resource policy is inevitably critical to attaining natural resource efficiency for sus-tainable industrial development.Therefore,it is imperative to establish a close policy coordination between advancing green energy technology and allocating natural resource revenue to achieve sustain-able development goals(SDGs),with a particular emphasis on SDG-7 and SDG-13.

外文关键词：

Multifaceted natural resourcesGreen energy transformationSustainable industrial developmentTechnological progressG-7 countries

作者：

Desire Wade Atchike、Munir Ahmad、Qingyu Zhang

展开 >

作者单位：

School of Civil Engineering and Architecture,Taizhou University,Jiaojiang,Taizhou 318000,Zhejiang,China

College of International Economics & Trade,Ningbo University of Finance and Economics,Ningbo 315175,Zhejiang,China

Belt and Road"Bulk Commodity Research Center,Ningbo University of Finance and Economics,Ningbo 315175,Zhejiang,China

College of Management,Research Institute of Business Analytics and Supply Chain Management,Shenzhen University,Shenzhen 518060,China

展开 >

出版年：

2024

DOI：

10.1016/j.gsf.2024.101919

地学前缘(英文版)

中国地质大学（北京）北京大学

地学前缘(英文版)

CSTPCD

影响因子：0.576

ISSN：1674-9871

年,卷(期)：2024.15(6)