Although oil extraction is indispensable for meeting worldwide energy demands and ensuring industrial sustainability, various hazards are observed. Therefore, this study examined the chemical oil recovery-related environmental consequences concerning water, soil, ecosystem, and human health damages. A numerical analysis explored the mathematical model for oil extraction from unconventional sources by utilising 3D porous prism geometries under high-temperature conditions.
View Article and Find Full Text PDFFluctuations in economic policy often create ripple effects that can significantly impact commodity prices, including those of essential food items, with potential consequences for food security. The five emerging nations outlined as BRICS (Brazil, Russia, India, China, and South Africa) have most recently extended by including four new members (Egypt, Ethiopia, Iran, and the UAE) on January 1, 2024. Additionally, Argentina and Saudi Arabia are anticipated to join the group soon.
View Article and Find Full Text PDFFinancial inclusion is a crucial element of financial development that transmits cheap financial services to provide advantages to entire segments of society and stimulates economic growth. Our investigation evaluates the asymmetric financial inclusion-economic growth nexus in the top 10 financially inclusive Middle East nations (Israel, Oman, Iran, Qatar, Turkey, Saudi Arabia, Bahrain, Egypt, United Arab Emirates, and Kuwait). Earlier studies adopted panel data tools, which yielded typical outcomes on the association between financial inclusion and economic growth despite few economies did not indicate such a link individually.
View Article and Find Full Text PDFGreen finance has originated as a critical factor for green development, where green technology innovation is a primary approach. Yet, limited information is available regarding how green finance influences green technological creation. This work probes the asymmetric linkage between green finance and green technology innovation in the selected European Union countries (Germany, Sweden, France, Italy, Netherlands, Spain, Denmark, Norway, Belgium, and Finland).
View Article and Find Full Text PDFEnergy poverty alleviation has emerged as a critical economic problem in recent years. Given the enormous number of people without essential energy services, a crucial concern is whether providing universal access to electrification will considerably affect environmental quality. The present research evaluates the asymmetric energy poverty-environmental quality nexus in South Asian economies.
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