J Environ Manage
June 2024
ESG investment and financing is a response to global warming and toxic carbon emissions. This is because market and financial development is expected to contribute to de-carbonisation in relevant firms. However, the opposite might occur with carbon-intensive industries.
View Article and Find Full Text PDFAfter reform and opening-up, rapid industrialization and urbanization led to environmental degradation in China, including excessive energy consumption, soil contamination, and water pollution. Toward sustainable development, the Chinese government has promoted the introduction of clean energy sources such as geothermal and hydroelectric power generation, which have reduced the environmental burden. However, the impact of this energy shift on environmental improvement and economic growth is unclear.
View Article and Find Full Text PDFGovernments have introduced local individual transferable quotas (ITQs) to maintain fishery resource sustainability. However, quota rent-seeking activities by fishermen may weaken ITQ's resource conservation effect in countries with immature private property systems. This method is developed to analyse how opening-up trade impacts resource management and welfare under quota rent-seeking activities by applying rent-seeking for emission permits to rent-seeking for ITQ in a two-country model to investigate the policy effect of opening-up trade on renewable resources.
View Article and Find Full Text PDF