Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenh... more Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenhouse gas emissions is ranked third globally. The escalating energy demand in the country has opened the gateway for further increase in emissions. Recent studies suggest strong nexus between energy consumption, economic growth, and carbon emissions. This study has the objective to empirically test the aforementioned interdependencies. The co-integration test and multivariate vector error correction model (VECM) are used for the analysis and the Granger Causality test is used to establish the direction of causality. The time-series data for the period of 1971–2011 is used for the analysis. The results of the study confirm strong co-integration between variables. The causality results show that economic growth exerts a causal influence on carbon emissions, energy consumption exerts a causal influence on economic growth, and carbon emissions exert a causal influence on economic growth. Base...
European Journal of Sustainable Development Research
In the current scenario when depleting crude oil sources pose a challenge against energy security... more In the current scenario when depleting crude oil sources pose a challenge against energy security the advanced biofuels seems as suitable alternate for transport sector. Because of lignocellulosic biomass based production advanced biofuels are considered as environment friendly and they have positive income and employment impacts on the socioeconomic conditions. The study has objectives to test the aforementioned claims on the basis of a review of available literature. It is found that the GHG emission from conventional biofuels is not as much lower as claimed. But the advanced biofuels found to be more environment friendly than their counterparts. The data on socioeconomic impacts of advanced biofuel is scarce and only available for the USA which is reported in this study. It is found that the agriculture sector is significantly benefited sector by the industrial scale production of the advanced biofuels. For the assessment of large scale impacts it is assumed that the dynamics of spreading of socioeconomic impacts of advanced biofuels industry is same as the conventional biofuel industry. On the basis of aforementioned observations, this study also supports the notion of positive environmental and socioeconomic impacts of the advanced biofuels but on the conditions of sustainable and decarbonized supply chain.
Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenh... more Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenhouse gas emissions is ranked third globally. The escalating energy demand in the country has opened the gateway for further increase in emissions. Recent studies suggest strong nexus between energy consumption, economic growth, and carbon emissions. This study has the objective to empirically test the aforementioned interdependencies. The co-integration test and multivariate vector error correction model (VECM) are used for the analysis and the Granger Causality test is used to establish the direction of causality. The time-series data for the period of 1971–2011 is used for the analysis. The results of the study confirm strong co-integration between variables. The causality results show that economic growth exerts a causal influence on carbon emissions, energy consumption exerts a causal influence on economic growth, and carbon emissions exert a causal influence on economic growth. Base...
European Journal of Sustainable Development Research
In the current scenario when depleting crude oil sources pose a challenge against energy security... more In the current scenario when depleting crude oil sources pose a challenge against energy security the advanced biofuels seems as suitable alternate for transport sector. Because of lignocellulosic biomass based production advanced biofuels are considered as environment friendly and they have positive income and employment impacts on the socioeconomic conditions. The study has objectives to test the aforementioned claims on the basis of a review of available literature. It is found that the GHG emission from conventional biofuels is not as much lower as claimed. But the advanced biofuels found to be more environment friendly than their counterparts. The data on socioeconomic impacts of advanced biofuel is scarce and only available for the USA which is reported in this study. It is found that the agriculture sector is significantly benefited sector by the industrial scale production of the advanced biofuels. For the assessment of large scale impacts it is assumed that the dynamics of spreading of socioeconomic impacts of advanced biofuels industry is same as the conventional biofuel industry. On the basis of aforementioned observations, this study also supports the notion of positive environmental and socioeconomic impacts of the advanced biofuels but on the conditions of sustainable and decarbonized supply chain.
Uploads
Papers by rahil usmani