Logical Analysis on the Strategy for a Sustainable Transition of the World to Green Energy—2050. Smart Cities and Villages Coupled to Renewable Energy Sources with Low Carbon Footprint

Alina Ștefania Chenic, Alin Ioan Cretu, Adrian Burlacu, Nicolae Moroianu, Daniela Vîrjan, Dragos Huru (), Mihaela Roberta Stanef-Puica and Vladimir Enachescu
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Alina Ștefania Chenic: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania
Alin Ioan Cretu: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania
Adrian Burlacu: Faculty of Railways, Roads and Bridges, Technical University of Civil Engineering, 124 Lacul Tei Boulevard, 020396 Bucharest, Romania
Nicolae Moroianu: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania
Daniela Vîrjan: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania
Mihaela Roberta Stanef-Puica: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania
Vladimir Enachescu: Faculty of Theoretical and Applied Economics, The Bucharest University of Economic Studies, Romana Square, No. 6, 010374 Bucharest, Romania

Sustainability, 2022, vol. 14, issue 14, 1-30

Abstract: This paper brings, as an element of novelty and originality, a strategic feasibility study, in the form of a logical analysis related to the proposed objective, with particularization to the area of the EFTA plus the UK and Ireland. We tried to achieve an overall picture of a sustainable and prudent transition at the macroeconomic level, but also at the microeconomic and local levels, with specific values of ecological and energy-smart villages/towns. The convergent actions of the signatory states of the climate treaty COP-26/2021—Glasgow, UK are to improve the logistics and financing of the large-scale replacement of fossil fuels used in the economy and lives of human society. Various strategies have been discussed to address the energy mixes that could be used in the transition phase in stages and combined-cycle natural-gas plants, conditioned by the implementation of CCUS technology. The preliminary stage will focus on the provision and implementation of modern technologies for the production of electricity in photovoltaic and wind power. Starting with the 2030s, the industrialized production of blue and green hydrogen is expected; the first is expected to be obtained from the chemical synthesis of natural gas with the separation and storage of residual carbon from chemical reactions, and the second directly from ocean water through the phenomenon of H 2 O electrolysis. As a basic legislative element, the strategy aims to refine the idea of a carbon tax at the border or at the user, in order to discourage the use of fossil fuels.

Keywords: climate neutrality; fossil fuels; global warming; greenhouse gases; wind and solar photovoltaic energy; CCUS: carbon capture, use and storage (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:14:p:8622-:d:862665

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