The Development of Renewable Energy Sources and its Significance for the Environment
This book analyzes the effects of power generated by renewable energy sources, renewable energy production technologies, energy efficiency, and market regulation of carbon emissions. It elaborates on how these parameters have direct and indirect effects o
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Development of Renewable Energy Sources and its Significance for the Environment
The Development of Renewable Energy Sources and its Significance for the Environment
Almas Heshmati • Shahrouz Abolhosseini Jörn Altmann
The Development of Renewable Energy Sources and its Significance for the Environment
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Almas Heshmati Sogang University Seoul, Korea, Republic of (South Korea)
Shahrouz Abolhosseini College of Engineering, Seoul National University Seoul, Korea, Republic of (South Korea)
Jörn Altmann College of Engineering, Seoul National University Seoul, Korea, Republic of (South Korea)
ISBN 978-981-287-461-0 DOI 10.1007/978-981-287-462-7
ISBN 978-981-287-462-7 (eBook)
Library of Congress Control Number: 2015934461 Springer Singapore Heidelberg New York Dordrecht London © Springer Science+Business Media Singapore 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer Science+Business Media Singapore Pte Ltd. is part of Springer Science+Business Media (www. springer.com)
Preface
The ongoing concerns about climate change have made renewable energy sources an important topic of research. Several scholars have applied different methodologies for examining the relationship between energy consumption, environment and economic growth of individual countries and groups of countries, in order to understand the effects of energy policies. In particular, previous studies have analyzed carbon dioxide emission savings made through the use of renewable energy from an individual source or in combination with traditional sources of energy by applying life-cycle analysis methods. This research has shown that after a certain period, economic growth leads to the promotion of the environmental quality. However, econometric critiques have opposed the results of these studies. Moreover, the effectiveness of governance-related parameters has been neglected in these studies. In this research, among others we analyze the impact of renewable energy dev
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