Economics and Policy of Energy and Environmental Sustainability (eBook)

This book explores the linkages among economic development, energy, and environment. An increase in economic activity is correlated with a higher level of energy consumption, which in turn leads to an increase in environmental pollution. Due to the influence of greenhouse gases, the higher the concentration of pollutants in the atmosphere, the higher the temperature, which ultimately leads to climate change. Under these imminent dangers, the role of economic and energy efficiency policies becomes important for ecological sustainability. The present policies, however, in various instances, have failed to address these issues. Hence, this book embarks not only to suggest modifications to improve the efficacy of the current policies but also to recommend to the policymakers, new and more effective policies for their respective countries. The book is bifurcated into two sections: The Economics and Policy of Sustainable Energy section discusses renewable energy policy responses to observed Impact of climate change using DPSIR Framework; the energy utilization strategies for transportation and commercial activities of Charland Bangladesh; the relationship of market globalization with the Indian energy sector; the socioecological effects of globalization from an energy perspective brought to a local standpoint; the seasonal disaster-induced energy consumption strategies of the char-dwellers of Bangladesh with respect to their domestic chores and agricultural activities; trends in GDP growth and energy usage in India; cross-border trade of electricity; and the events that the oil and gas industry has already faced and possible strategies it can adopt to overcome the recession caused by the COVID-19 pandemic. The Economics and Policy of Environmental Sustainability section analyses topics such as the role of hyper-globalization in spreading the pandemic across countries as threat to human ecology; the current scenario of environmental consequences, and future prospects of plastic pollution; the surface air temperature anomalies over selected countries of Africa; the impaired roles of the female gender in community natural resource exploitation in Ndop; the operational expansion strategies for garnering better output in terms of livelihood and conservation; opportunity for environmental justice and rethinking global community; linking indigenous traditional knowledge and sustainable development goals in the North-Western Himalayas; and recommendations to manage dry forest carbon stock.

This book is a rich resource for policymakers, guiding them through untraveled pathways. Moreover, it is an extremely helpful resource for researchers, practitioners, industry professionals as well as students in the fields of energy, environment, and sustainable development with flavour of economics and policy.

Dr. Narendra N. Dalei did Ph.D from University of Delhi in the area of Ecological and Environmental Economics in 2012 and completed Certificate of Proficiency in 'Climate Action: Solutions for a Changing Planet' from UN's SDG Academy. Currently, Dr. Dalei is working as Associate Professor at Department of Economics and Associate Director (Research), Central University of Himachal Pradesh, Dharamshala, Himachal Pradesh, India. Dr. Dalei is the former Head and the founding member of the Centre for Energy, Environment, and Sustainability Studies and Assistant Professor (SG) at School of Business at University of Petroleum and Energy Studies (UPES), Dehradun, India. Dr. Dalei is life member of Indian Society for Ecological Economics, The Indian Econometric Society, and International Society for Ecological Economics. Prior to joining UPES, Dr. Dalei worked in various positions at University of Delhi and its Constituents colleges, IGNOU, FICCI, Zenith Energy and NSSO, MOSPI, Govt. of India. He has published more than 50 research papers in national and intern ational journal of repute and contributed more than 15 book chapters to his credit in the areas of economics, ecological economics, energy and environment; presented papers in more than 15 national and international conferences. He is the editor of the Book titled, 'Energy, Environment and Globalization' published by Springer Nature in 2020. Dr. Dalei received outstanding reviewer award in 2015 and in 2017 from Energy Policy, Elsevier, Amsterdam, The Netherlands. He received Best Research Paper Presentation Award 2018 from 20th International Conference on Climate Change and Global Warming (29th to 30th October) held at Paris, France.

Dr. Anshuman Gupta is currently working as Consultant in Research and Information System ( RIS) for Developing Countries, a New Delhi-based autonomous policy research institute. After receiving his M.Phil. and Ph.D. from Jawaharlal Nehru University( JNU), he served as professor in School of Business, University of Petroleum and Energy Studies, Dehradun; Associated Chambers of Commerce and Industry of India (ASSOCHAM); and  Hawassa University, Ethiopia. He did many projects sponsored by government institutions and published many scholarly books on trade, WTO and Regional Trading Blocs. He published many peer-reviewed research papers in national and international journals of repute. He contributes in financial newspapers like The Economics Times,  Business Standard, etc. He was also the editor of the Book titled, 'Energy, Environment and Globalization' published by Springer Nature in 2020. He is also the recipient of ERASMUS Plus fellowship for faculty exchange of European Union.

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This book explores the linkages among economic development, energy, and environment. An increase in economic activity is correlated with a higher level of energy consumption, which in turn leads to an increase in environmental pollution. Due to the influence of greenhouse gases, the higher the concentration of pollutants in the atmosphere, the higher the temperature, which ultimately leads to climate change. Under these imminent dangers, the role of economic and energy efficiency policies becomes important for ecological sustainability. The present policies, however, in various instances, have failed to address these issues. Hence, this book embarks not only to suggest modifications to improve the efficacy of the current policies but also to recommend to the policymakers, new and more effective policies for their respective countries. The book is bifurcated into two sections: The Economics and Policy of Sustainable Energy section discusses renewable energy policy responses to observed Impact of climate change using DPSIR Framework; the energy utilization strategies for transportation and commercial activities of Charland Bangladesh; the relationship of market globalization with the Indian energy sector; the socioecological effects of globalization from an energy perspective brought to a local standpoint; the seasonal disaster-induced energy consumption strategies of the char-dwellers of Bangladesh with respect to their domestic chores and agricultural activities; trends in GDP growth and energy usage in India; cross-border trade of electricity; and the events that the oil and gas industry has already faced and possible strategies it can adopt to overcome the recession caused by the COVID-19 pandemic. The Economics and Policy of Environmental Sustainability section analyses topics such as the role of hyper-globalization in spreading the pandemic across countries as threat to human ecology; the current scenario of environmental consequences, and future prospects of plastic pollution; the surface air temperature anomalies over selected countries of Africa; the impaired roles of the female gender in community natural resource exploitation in Ndop; the operational expansion strategies for garnering better output in terms of livelihood and conservation; opportunity for environmental justice and rethinking global community; linking indigenous traditional knowledge and sustainable development goals in the North-Western Himalayas; and recommendations to manage dry forest carbon stock. This book is a rich resource for policymakers, guiding them through untraveled pathways. Moreover, it is an extremely helpful resource for researchers, practitioners, industry professionals as well as students in the fields of energy, environment, and sustainable development with flavour of economics and policy.