The interplay among COVID-19 economic recovery, behavioural changes, and the European Green Deal: An energy-economic modelling perspective

Cassetti, Gabriele; Boitier, Baptiste; Elia, Alessia; Mouël, Pierre Le; Gargiulo, Maurizio; Zagamé, Paul; Νίκας, Αλέξανδρος; Koasidis, Konstantinos; Doukas, Haris; Chiodi, Alessandro

doi:10.1016/j.energy.2022.125798

Cited by 21 publications

(14 citation statements)

References 69 publications

(70 reference statements)

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“…In terms of modal shifts and broader behavioural changes, especially after COVID-19, the NECP already includes some provisions for an increase in public transport use, which is incorporated within the model, while at the same time admitting that the transport system is expected to remain fairly unchanged. Additional changes like an increase of buildings' consumption or decrease from commuting due to teleworking have been omitted from the analysis, due to the high uncertainty over the net positive impact of these mutually excluding actions and the possibility of such behaviours perpetuating in the future [82].…”

Section: Scenario Designmentioning

confidence: 99%

A stakeholder-informed modelling study of Greece's energy transition amidst an energy crisis: The role of natural gas and climate ambition

Karamaneas

Koasidis

Frilingou

et al. 2023

Renewable and Sustainable Energy Transition

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Section: Scenario Designmentioning

confidence: 99%

A stakeholder-informed modelling study of Greece's energy transition amidst an energy crisis: The role of natural gas and climate ambition

Karamaneas

Koasidis

Frilingou

et al. 2023

Renewable and Sustainable Energy Transition

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“…Some studies have found that the incineration of garbage for power generation can promote economic recovery and also help keep cities clean (Shah et al 2021 ). Cassetti et al ( 2023 ) have found that electricity decarbonization can achieve half of the emissions reduction target while promoting green recovery across the EU.…”

Section: Literature Reviewmentioning

confidence: 99%

Towards green economic recovery: how to improve green total factor productivity

Wang

2023

Econ Change Restruct

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Achieving green economic recovery is crucial to improving environmental quality and sustainable development. This study examines the influence of new digital infrastructure on green total factor productivity (GTFP) using panel data from 30 regions in China from 2008 to 2019. The results are as follows: (1) New digital infrastructure has a significant improvement effect on GTFP. After a series of robustness tests, the conclusion is still valid. (2) The improvement effect of new digital infrastructure on GTFP shows significant heterogeneity. In regions with high industrial agglomeration, high environmental regulation and strong government environmental preference, the improvement effect of new digital infrastructure on GTFP is more obvious. (3) New digital infrastructure improves GTFP through green technology innovation and factor allocation optimization. The government should strengthen the fiscal incentives for green technology development while increasing R&D investment in fiscal expenditure, thus promoting green economic recovery.

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“…The enormous harm caused by the COVID-19 pandemic to the global economy (Cassetti et al 2023 ), combined with climate change and growing public concern about environmental issues (Shang et al 2021 ), has created a unique economic crisis in that environmental sustainability is as important as economic recovery. Therefore, the governing authorities worldwide have introduced economic stimulus and environmental protection programs, such as the Green New Deal (US), “Dual Carbon” goals (China), and the “Next Generation EU” strategy (Gusheva and de Gooyert 2021 ; Cassetti et al 2023 ). Innovation in financial instruments has led to new investments in sustainable development and green economic recovery.…”

Section: Introductionmentioning

confidence: 99%

Does green credit policy promote corporate green innovation? Evidence from China

Yin

Wang

et al. 2023

Econ Change Restruct

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Green innovation is an important strategy for companies to achieve sustainable development goals. In addition to helping companies create a green image and improve their competitive advantage, green innovation can reduce pollution and improve the ecological and social environment, with positive external effects. The green credit policy (GCP) is an addition to traditional environmental regulations. Taking the 2012 Green Credit Guidelines as a quasi-natural experiment, this study finds that GCP significantly reduces the quantity and quality of green innovation in green credit-restricted firms by discouraging enterprises' debt financing. Heterogeneity analysis showed that the negative impact was concentrated mainly on non-state-owned enterprises (non-SOEs). This study recommends diversifying financing channels to ease corporate debt financing constraints. The conclusions could enrich existing research on the economic consequences of environmental regulatory policies and provide a reference for the strategic planning of green innovation development in enterprises.

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The interplay among COVID-19 economic recovery, behavioural changes, and the European Green Deal: An energy-economic modelling perspective

Cited by 21 publications

References 69 publications

A stakeholder-informed modelling study of Greece's energy transition amidst an energy crisis: The role of natural gas and climate ambition

A stakeholder-informed modelling study of Greece's energy transition amidst an energy crisis: The role of natural gas and climate ambition

Towards green economic recovery: how to improve green total factor productivity

Does green credit policy promote corporate green innovation? Evidence from China

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