Sustainability and Consumerism

Banerjee, Subhanil; Gupta, Sushma; Koner, Souren

doi:10.4018/978-1-7998-9664-7.ch010

Handbook of Research on Green, Circular, and Digital Economies as Tools for Recovery and Sustainability

2022

DOI: 10.4018/978-1-7998-9664-7.ch010

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Sustainability and Consumerism

Subhanil Banerjee

Sushma Gupta

Souren Koner

Abstract: The Brundtland Commission report Our Common Future in 1987 gave birth to the concept of sustainable development. The meaning is benefitting the present without compromising the future. It was felt that, unless conventional growth and development are replaced by sustainable development through environmentally friendly actions, doomsday is very near. However, such sustainable development was followed by a global spree of consumerism that only added to the environmental burden. This dichotomy needs to be understo… Show more

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2023

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Cited by 3 publications

References 79 publications

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Industrial Revolution 4.0 and the Environment

Banerjee¹,

Koner²

2023

Digital Natives as a Disruptive Force in Asian Businesses and Societies

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Mother Nature has suffered through many industrial revolutions. Ecology suffered after the first industrial revolution. Industrial revolutions quadrupled CO2. Industrial Revolution 4.0 follows the Stockholm Conference in 1972 and Brundtland's report “Our Common Future” (1983-1987) on sustainable development. The emerging and less developed countries are condemned for their carbon footprint and CO2 emissions from manufacturing and consumption. According to the environmental Kuznets curve hypothesis, developed countries advise developing nations to follow their development path to reduce carbon emissions. Industrial Revolution 4.0 replaced the Fordist style of production with information-based production. In this context, is digitization pro-environment? Regrettably, this has not been empirically studied. This chapter examines the environmental effects of digitalization and Industrial Revolution 4.0. The chapter will examine the link between the environment, digitalization, and Industrial Revolution 4.0 using empirical validation and descriptive analysis.

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Industrial Revolution 4.0 and the Environment

Banerjee¹,

Koner²

2023

Digital Natives as a Disruptive Force in Asian Businesses and Societies

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Growth and Environment

Banerjee

Koner²,

Dutta³

2023

Perspectives on the Transition Toward Green and Climate Neutral Economies in Asia

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The 1972 Stockholm convention initiated the debate over whether economic growth and environmental degradation are complementary or substitute. In 1983, the Brundtland commission began incorporating environmental considerations into conventional economics. Almost at the same time, the environmental Kuznets curve hypothesis gained popularity and behind the veil of the EKC hypothesis the developed countries started putting pressure on the developing and least developed countries to be pro-growth even at the cost of the environment so that they come at par of the developed nations. In this background, the present chapter considers 41 Asian countries over five years spanning from 2015 to 2019. It has taken per capita emission of CO2 (metric-ton) as the dependent variable and growth of per capita income along with access to electricity as the independent variable. The result indicates that there is no statistically significant impact of per capita income growth on the emission of per capita CO2 and the EKC hypothesis does not hold for the Asian continent.

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Impact of Access to Clean Fuel and Electricity on per Capita CO2 Emissions

Banerjee

Koner²

2023

Advances in Logistics, Operations, and Management Science

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The sustainable development paradigm has augmented the previous growth and development perspectives. The advent of environmental economics has prompted the United Nations to draft sustainable development goals that have to be achieved by 2030. In this perspective, emission of CO2, is considered to be responsible for global temperature rise along with several other maladies that have caught the attention of governments all over the world. In this regard, access to clean fuel and access to electricity is considered to reduce per capita CO2 emissions and pave the way for the fulfillment of the SDGs. In this background, the present chapter leads an empirical investigation through a panel data analysis considering the Asian countries over four years (2016-2019). The finding is quite contrary to the usual belief and the finding of the other researchers who have dealt with the same topic.

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Sustainability and Consumerism

Cited by 3 publications

References 79 publications

Industrial Revolution 4.0 and the Environment

Industrial Revolution 4.0 and the Environment

Growth and Environment

Impact of Access to Clean Fuel and Electricity on per Capita CO2 Emissions

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