Destek, Mehmet Akif and Sarkodie, Samuel Asumadu and Asamoah, Ernest Frimpong (2020): Does biomass energy drive environmental sustainability? An SDG perspective for top five biomass consuming countries. Published in: Biomass and Bioenergy No. 149 (1 June 2021)
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Abstract
Efficient use of biomass energy is integral to achieving many of the Sustainable Development Goals (SDGs). Their contributions, trade-off patterns, and implementation vary geographically, requiring in-depth analysis to sustainably manage its impact. Here, we analyzed the contribution of biomass energy intensity and efficiency on sustainable development across the top five biomass energy-consuming countries—Brazil, China, Germany, India, and the US. We compared the impact of biomass energy consumption, economic development, urbanization, and trade openness on carbon dioxide emissions and ecological footprint. Using annual frequency data from 1970 to 2016, we utilized continuously-updated fully-modified, and continuously-updated bias-corrected panel estimation techniques that allow controlling of cross-section dependence among sampled countries. Our empirical analysis shows income level escalates ecological footprint and emissions by 0.05-0.21%. Similarly, urban sprawl increases long-term emissions and ecological footprint by 0.07-0.17%. Biomass energy consumption increases ecological footprint by 0.18-0.90% but declines emissions by 0.02-0.09%. However, trade openness reduces both ecological footprint and CO2 emissions by 0.34-0.55%. Our results reveal that income level stimulates biomass consumption in early stages of growth, but declines in technologically oriented industrial-based economy, however, outgrows in service-inspired economy. This highlights that biomass extraction in developed countries can surpass regenerative capability, necessitating sustainable domestic material consumption management.
Item Type: | MPRA Paper |
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Original Title: | Does biomass energy drive environmental sustainability? An SDG perspective for top five biomass consuming countries |
English Title: | Does biomass energy drive environmental sustainability? An SDG perspective for top five biomass consuming countries |
Language: | English |
Keywords: | Biomass energy; domestic material consumption; economic growth; trade openness; urbanization |
Subjects: | Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q57 - Ecological Economics: Ecosystem Services ; Biodiversity Conservation ; Bioeconomics ; Industrial Ecology |
Item ID: | 114218 |
Depositing User: | Mehmet Akif Destek |
Date Deposited: | 17 Aug 2022 10:22 |
Last Modified: | 17 Aug 2022 10:22 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/114218 |