The Low-Carbon Economic Development Model Driven by Global Renewable Energy

Authors

  • Huang Mengyao President University

DOI:

https://doi.org/10.47134/jees.v2i4.838

Keywords:

Renewable Energy, Low-Carbon Economy, Challenges, Policy Support, Sustainable Development

Abstract

This study explores the relationship between renewable energy and low-carbon economic development. It defines a low-carbon economy and renewable energy sources, highlighting their intrinsic link. Using a multidisciplinary approach, the research examines global practices and identifies challenges and solutions related to renewable energy adoption. Case studies from countries like Germany, Greece, and Spain demonstrate significant progress in reducing carbon emissions through renewable energy. However, challenges such as technical barriers, high initial costs, and policy limitations remain. The study concludes that technological innovation, international cooperation, and robust policy support are essential for overcoming these obstacles and achieving a sustainable, low-carbon future

References

Ahmad, M., & Zhang, D. (2021). Renewable energy, carbon emissions and economic growth: Exploring the role of public R&D and institutional quality. Renewable Energy, 178, 778–786. https://doi.org/10.1016/j.renene.2021.06.087

Anderson, K. L., & Miller, R. S. (2021). The effects of sleep deprivation on cognitive function: A longitudinal study. Research Report No. 12345, University of California, Los Angeles.

Asumadu-Sarkodie, S., & Owusu, P. A. (2020). The relationship between carbon dioxide emissions, energy consumption, and GDP: A review. Renewable and Sustainable Energy Reviews, 119, 109512.

Baz, K., Xu, D., & Khan, I. (2022). Energy consumption and economic growth nexus: New insights from developing Asian economies. Energy Economics, 104, 105670.

BP Statistical Review of World Energy. (2023). 70th Edition. London: BP. https://www.bp.com

Brown, L. K., Jones, R. M., & Garcia, P. T. (2020). The effects of mindfulness meditation on stress reduction: A meta-analysis. Journal of Applied Psychology, 45(2), 112-125.

Dincer, I., & Acar, C. (2019). A review on clean energy solutions for better sustainability. International Journal of Energy Research, 43(5), 1788–1810.

Dong, K., Sun, R., & Hochman, G. (2020). Do technological innovations promote sustainable economic growth in China? Energy Economics, 88, 104768.

Fatima, T., & Qureshi, M. A. (2022). Energy security and green growth in South Asia: Policy implications. Environmental Science and Pollution Research, 29(7), 10328–10341.

Gielen, D., Boshell, F., Saygin, D., Bazilian, M. D., Wagner, N., & Gorini, R. (2019). The role of renewable energy in the global energy transformation. Energy Strategy Reviews, 24, 38–50. DOI: https://doi.org/10.1016/j.esr.2019.01.006

Gürsan, C., & de Gooyert, V. (2021). The systemic impact of a transition fuel: Does natural gas help or hinder the energy transition? Renewable and Sustainable Energy Reviews, 138, 110552. DOI: https://doi.org/10.1016/j.rser.2020.110552

IEA. (2023). Tracking Clean Energy Progress 2023. International Energy Agency. https://www.iea.org

IMF. (2022). Climate-Related Financial Stability Risks in the Global Economy. Washington, DC: International Monetary Fund.

Irwandi, R., & Sudarsono, R. (2021). Dampak investasi energi terbarukan terhadap pembangunan ekonomi Indonesia. Jurnal Ekonomi dan Kebijakan Publik, 12(3), 189–200. DOI: https://doi.org/10.22212/jekp.v12i1.2023

KPMG. (2023). The Future of Energy: Transitioning to Net Zero. https://home.kpmg/

Liu, Y., Qu, X., & Yu, Y. (2022). Dynamic relationships among renewable energy, non-renewable energy, and economic growth in China. Energy Policy, 161, 112754.

Murshed, M., & Nurmakhanova, M. (2021). Renewable energy consumption, globalization, and economic growth: Empirical evidence from developing countries. Environmental Science and Pollution Research, 28(8), 9762–9779.

National Institute of Mental Health. (2022). Anxiety disorders. Retrieved from https://www.nimh.nih.gov/health/topics/anxiety-disorders/index.shtml

OECD. (2022). Financing Climate Futures: Rethinking Infrastructure. OECD Publishing. https://www.oecd.org

Oktaviani, R., & Daryanto, H. K. (2020). Ketahanan energi berkelanjutan dan pembangunan nasional. Jurnal Ilmu Ekonomi dan Pembangunan, 21(1), 25–34.

Panwar, N. L., Kaushik, S. C., & Kothari, S. (2020). Role of renewable energy sources in environmental protection: A review. Renewable and Sustainable Energy Reviews, 62, 92–97.

REN21. (2023). Renewables Global Status Report. https://www.ren21.net

Sari, D. P., & Wibowo, A. (2021). Pengaruh adopsi energi terbarukan terhadap pencapaian SDGs di Asia Tenggara. Jurnal Energi dan Lingkungan, 17(2), 88–96.

Smith, J. D., & Johnson, A. B. (2019). Introduction to Psychology. Publisher.

Williams, C. A., & Taylor, B. M. (2018). The impact of technology on education. Paper presented at the Annual Conference on Educational Technology, New York, NY.

Downloads

Published

2025-07-16

How to Cite

Mengyao, H. (2025). The Low-Carbon Economic Development Model Driven by Global Renewable Energy. Journal of Environmental Economics and Sustainability, 2(4), 10. https://doi.org/10.47134/jees.v2i4.838

Issue

Section

Articles

Similar Articles

1 2 3 > >> 

You may also start an advanced similarity search for this article.