Promoting sustainability by resource efficiency and green energy: Policy recommendation for green growth

Wuxiang Chen, Xingyu Liu and Yi Wei

Resources Policy, 2023, vol. 87, issue PA

Abstract: This study examines the synergy between the circular economy, green energy, and resource efficiency, using a decade of Chinese provincial data and advanced System-GMM estimation. Results underscore the pivotal role of efficient resource use in reducing carbon intensity. Conversely, urbanization and industrialization correlate with higher carbon emissions due to increased fossil fuel use. Policy recommendations include incentivizing circular economy adoption, prioritizing renewable energy investments, sustainable urban planning, and promoting cleaner industrial processes. This research highlights the urgency of sustainable practices, renewable energy adoption, and responsible resource management in the global pursuit of lower carbon intensity and enhanced environmental sustainability.

Keywords: Circular economy; Sustainable development; Green economic growth; Resource efficiency (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:87:y:2023:i:pa:s0301420723009571

DOI: 10.1016/j.resourpol.2023.104246

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