Journal of Resources, Energy and Development - Volume 18, issue 1-2

Authors: Ramachandra, T V | Sincy, V | Asulabha, K S

Article Type: Research Article

Abstract: Wetlands are productive ecosystems, providing an array of services that sustain the well-being of dependent biota. Post industrialization and globalization era witnessed a spurt in the anthropogenic activities, leading to the degradation and decline of fragile ecosystems. This necessitates the conservation of vital ecosystems through sustainable management tenets, this requires an understanding of the livelihood support of ecosystems. The focus of the study, discussed in this article, is to understand the worth of wetlands through the accounting of provisioning, regulating, and cultural services. The provisioning services through accounting of tangible benefits (fish, fodder, water, etc.) considering residual values indicate an …annual revenue of INR49.70 billion. Similarly, accounting of non-use values of ecosystems through the benefit transfer method indicates regulating and cultural services support of INR196.89 billion and INR37.93 billion per year, respectively. The annual flow of the total ecosystem supply value accounts for INR284.52 billion per year and the net present value (NPV) amounts to INR7320.6 billion, signifying the ecological, socio-cultural, and environmental support wetland provides to ecosystems in Karnataka. Appraisal of ecosystem services allows for adjusted national accounts, which reflect the output of ecosystem services as well as the depletion of natural resources and the degradation costs (externalized costs of the loss of ecosystem services) of ecosystems in economic terms, which will help raise awareness and provide a quantitative tool to evaluate the sustainability of policies towards prudent management and conservation of fragile livelihood-supporting ecosystems. The monetary valuation of ecosystem services can help in building a better understanding of their influence on well-being and can further facilitate information-driven decisions and policy reforms that align with the Sustainable Development Goals (SDGs) through the judicious use of natural resources. Show more

Keywords: Wetlands, Microalgae, Fish, Macrophyte, SEEA, Ecosystem service, Provisioning service, Cultural service, Regulating service, Total ecosystem supply value (TESV), Net present value (NPV), Karnataka

DOI: 10.3233/RED-181201

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 1-26, 2021

Authors: Sitthivanh, Phoumyxay | Srithilat, Khaysy

Article Type: Research Article

Abstract: Purpose: The purpose of this paper is to examine the impact of foreign direct investment (FDI) on environmental quality in ASEAN countries, the most FDI-attractive region. Design/methodology/approach: This study using the panel time series Pedroni cointegration approach with Fully Modified Ordinary Least Square and Dynamic Ordinary Least Square. This research analyses data from nine ASEAN countries from 2005 to 2018. Findings: The paper finds that there is cointegration between the variables studied in the study. In addition, long-term economic growth and FDI have a significant impact on ASEAN’s environmental quality. Panel granger causality results also reveal …a bidirectional causality between FDI and trade openness, growth in the GDP, fuel consumption, and the population in ASEAN. Foreign direct investment is important not only for promoting economic growth and development in ASEAN countries, but it also helps to improve environmental quality in the region. Research limitations/implications: Due to data availability constraints, the study cannot include Myanmar data. Show more

Keywords: FDI, Environmental quality, CO2, ASEAN

DOI: 10.3233/RED-181202

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 27-40, 2021

Authors: Banerjee, Soham

Article Type: Research Article

Abstract: India’s announcement at the Glasgow Climate Conclave in 2021, regarding the nation’s short- and long-term climate actions portrayed an ambition of becoming a green leader in the years to come. The article discusses how accountability has broad horizons which in turn is linked with legitimacy, often neglected in research and when incorporated, in relevance to India’s solar energy transition will revolve around accountability crisis. An accountability–legitimacy framework is created in which the Indian solar energy paradigm is tested where the major findings are solar uptake discrepancies, pertinent to four typologies of legitimacy—technocratic, bureaucratic, financial, and discursive.

Keywords: Climate actions, COP21, Copenhagen Climate Conclave, DISCOMs, GHGs, Legitimacy, MNRE, NDCs, Paris Agreement, PAT, PPA, Process-tracing, Pro-renewable policies, Renewable energy, RPOs, REC, Solar energy, SWAL Matrix

DOI: 10.3233/RED-181203

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 41-54, 2021

Authors: Sharma, Vatsala | Gupta, Khushi

Article Type: Research Article

Abstract: Globalization has integrated national and regional economies into a single vast global economy opening up several prospects of growth and dynamic development, largely because of increased opportunities for international trade (Surugiu, et al . 2015). Now governments around the world have liberalized their trade and financial markets, resulting in intensified flow of goods, capital and services within countries, providing economic benefits. However, this has also resulted in degrading of Earth’s environment. The situation has become so grim, that the occurrence of climate-induced natural hazards is now a frequent event. Carbon neutrality (or net zero emission) has been proposed as a …solution to anthropogenic climate change and more countries are committing to reach carbon neutrality by the middle of this century. An example of these is the European Union (EU), which wants to become the first region in the world to commit to net zero emissions by 2050. Its carbon neutrality strategy document, ‘European Union Green Deal (EUGD)’, along with other provisions includes taxing imported goods based on carbon embodied in production, known as Carbon Border Adjustment Mechanism (CBAM). The CBAM suggests taxing the difference between carbon embodied in domestically produced and imported goods. The adjustment mechanism is based on the idea that a price on carbon consumption will encourage countries to adopt cleaner technologies in production process, along with avoiding carbon leakages to other countries with relaxed environmental standards. This paper tries to understand the concept, rationale, proposed working and discussions around CBAM. It also tries to examine the possible effect of CBAM on carbon intensive and trade exposed (CITE) sectors in India. The paper concludes that iron and steel will be the sectors most affected from CBAM in India and suggests that India and EU must harness increased international cooperation (through Free Trade Agreement) to fulfill twin purposes of economic development and environmental conservation. Show more

Keywords: Carbon Border Adjustment Mechanism, European Green Deal, Carbon Intensive, Trade Exposed

DOI: 10.3233/RED-181204

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 55-76, 2021

Authors: Das, Preeti Jain | Divydarshi, Jennifer | Singh, Devender

Article Type: Research Article

Abstract: The empirical study has obtained insights into the expenditure patterns of cash compensation and the desired constituents of compensation package by the affected landowners in a linear project in peri-urban area of Gurugram district in Haryana. The study concludes that monetary compensation is apportioned between the twin heads of immediate consumption needs and income generating assets, though, the percentage spent under each category is influenced by the geographical location and the sociological attributes of communities. A heterogeneous mix of compensation options was found to elicit greater acceptance among the affected landowners. The individual compensation choices are ascribable to factors such …as education, age, size of land holdings, income level, extent of awareness, and access to information. The findings of the study underscore the need to diversify the compensation choices incorporated in The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (RFCTLARR) Act, 2013 to optimize the post-acquisition outcomes for the project-affected-families. The paper recommends the adoption of land pooling policy for land aggregation in urbanizing areas to assure high economic return to participating title holders from the serviced parcel of land returned to them through its monetization or utilization for commercial purposes. Show more

Keywords: Land acquisition, The Land Acquisition Act, 1894, Compensation preference, Compensation expenditure, Urbanizing village, The RFCTLARR Act, 2013

DOI: 10.3233/RED-181205

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 77-96, 2021

Article Type: Book Review

DOI: 10.3233/RED-181206

Citation: Journal of Resources, Energy and Development, vol. 18, no. 1-2, pp. 97-100, 2021