The Role of Technical Innovation and Sustainability on Energy Consumption: A Case Study on the Taiwanese Automobile Industry

Chao-Wu Chou, Wen-Chih Liao, Simon Wu and Hui-Ming Wee
Additional contact information
Chao-Wu Chou: Department of Business Administration, National Taiwan University of Science and Technology, Taipei 10607, Taiwan
Wen-Chih Liao: Department of Business Administration, National Taiwan University of Science and Technology, Taipei 10607, Taiwan
Simon Wu: Vigor Management Technology Academy, Vigor Management Technology Group, C7, Far Eastern Part, Yu Yao Economic Development Section, Ningbo 315211, Zhejiang, China
Hui-Ming Wee: Department of Industrial and Systems Engineering, Chung Yuan Christian University, 200 Chung Pei Rd., Chungli 32023, Taiwan

Energies, 2015, vol. 8, issue 7, 1-14

Abstract: The impact of global warming and climate change is one of the most critical challenges of the 21st century. The greenhouse effect caused by technological development and industrial pollution has accelerated the speed of global warming. The continuous improvement in automobile energy consumption is one of the most effective ways to reduce global warming. A comparative analysis is proposed to examine the various automobiles that utilize technological innovation to improve their energy consumption. Their contribution to CO 2 emissions is then investigated. This study focuses on technical innovation and output power of a conventional engine. The results indicate that innovative engines (such as the Ford turbo petrol/diesel engine, the EcoBoost/TDCi) have improved energy consumption and reduce CO 2 emissions. In addition, the Toyota hybrid vehicles have also improved energy consumption and reduced greenhouse gases emissions.

Keywords: global warming; energy; technical innovation; sustainable development (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.mdpi.com/1996-1073/8/7/6627/pdf (application/pdf)
https://www.mdpi.com/1996-1073/8/7/6627/ (text/html)

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:gam:jeners:v:8:y:2015:i:7:p:6627-6640:d:51867

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().