Coal’s Dilemma in the Green Economy: Implications for Sustainable Growth

Rufiadi Rufiadi () and Fauziah Umar
Additional contact information
Rufiadi Rufiadi: Hasanuddin University
Fauziah Umar: Hasanuddin University

A chapter in Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024), 2025, pp 204-213 from Springer

Abstract: Abstract The global shift towards a green economy presents a significant challenge for developing nations heavily reliant on coal as a primary energy source. While coal consumption drives economic growth, especially in emerging economies, it also poses substantial environmental risks, notably in the form of increased carbon emissions. This study examines the complex relationship between coal consumption, economic growth, and carbon emissions in developing countries using panel data analysis from 2000 to 2020. The findings reveal a positive correlation between coal consumption and GDP growth, highlighting coal’s critical role in sustaining industrialisation and economic expansion. However, the research also underscores the negative environmental impacts, with rising coal use contributing significantly to higher carbon emissions, thus exacerbating the climate crisis. These results point to a paradox for developing nations: while coal supports short-term economic goals, it jeopardises long-term sustainability by undermining global efforts to mitigate climate change. This research advocates for a balanced policy approach, promoting the adoption of renewable energy and clean technologies to reduce dependency on coal, ensuring that economic growth can be achieved without compromising environmental goals. Future research should explore the social and economic impacts of transitioning to cleaner energy in coal-dependent regions.

Keywords: Coal Consumption; Green Economy; Sustainable Growth (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-758-8_19

Ordering information: This item can be ordered from
http://www.springer.com/9789464637588

DOI: 10.2991/978-94-6463-758-8_19

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().