The paper analyzes the corporate carbon emissions and GDP contributions of the top ten companies by turnover for 2020–2023 in Germany, South Korea, China and the United Kingdom. Focusing on Scope 1, 2, and 3, the study explores the contribution of these companies to carbon intensity across different sectors and economies. The analysis shows that there are significant gaps in carbon efficiency, with the UK’s and Germany’s firms emitting the lowest emissions per unit of GDP contribution, followed by China and South Korea. Additionally, the study further examines the impact of Economic Policy Uncertainty on both firm carbon intensity and economic productivity. While EPU is positively associated with GDP contributions, its impact on emissions is nuanced. Firms apparently respond to policy uncertainty by increasing energy efficiency in direct (Scope 1) and energy-related (Scope 2) emissions but find it more difficult to manage supply chain emissions (Scope 3) in that case. The results point out the critical role of comprehensive ESG reporting frameworks in enhancing transparency and addressing Scope 3 emissions, which remain the largest and most volatile component of corporate carbon footprints. The paper then emphasizes the importance of standardized ESG reporting and bespoke policy intervention for promoting sustainability, especially in carbon-intensive industries. This research contributes to the understanding of how industrial and policy frameworks affect carbon efficiency and economic growth in different national contexts.
Global warming is a thermodynamic problem. When excess heat is added to the climate system, the land warms more quickly than the oceans due to the land’s reduced heat capacity. The oceans have a greater heat capacity because of their higher specific heat and the heat mixing in the upper layer of the ocean. Thermodynamic Geoengineering (TG) is a global cooling method that, when deployed at scale, would generate 1.6 times the world’s current supply of primary energy and remove carbon dioxide (CO2) from the atmosphere. The cooling would mirror the ostensible 2008–2013 global warming hiatus. At scale, 31,000 1-gigawatt (GW) ocean thermal energy conversion (OTEC) plants are estimated to be able to: a) displace about 0.8 watts per square meter (W/m2) of average global surface heat from the surface of the ocean to deep water that could be recycled in 226-year cycles, b) produce 31 terawatts (TW) (relative to 2019 global use of 19.2 TW); c) absorb about 4.3 Gt CO2 per year from the atmosphere by cooling the surface. The estimated cost of these plants is $2.1 trillion per year, or 30 years to ramp up to 31,000 plants, which are replaced as needed thereafter. For example, the cost of world oil consumption in 2019 was $2.3 trillion for 11.6 TW. The cost of the energy generated is estimated at $0.008/KWh.
Credit policies for clean and renewable energy businesses play a crucial role in supporting carbon neutrality efforts to combat climate change. Clustering the credit capacity of these companies to prioritize lending is essential given the limited capital available. Support Vector Machine (SVM) and Artificial Neural Network (ANN) are two robust machine learning algorithms for addressing complex clustering problems. Additionally, hyperparameter selection within these models is effectively enhanced through the support of a robust heuristic optimization algorithm, Particle Swarm Optimization (PSO). To leverage the strength of these advanced machine learning techniques, this paper aims to develop SVM and ANN models, optimized with the PSO, for the clustering problem of green credit capacity in the renewable energy industry. The results show low Mean Square Error (MSE) values for both models, indicating high clustering accuracy. The credit capabilities of wind energy, clean fuel, and biomass pellet companies are illustrated in quadrant charts, providing stakeholders with a clear view to adjust their credit strategies. This helps ensure the efficient operation of banking green credit policies.
The need for global energy conservation has become more urgent because of the negative effects of excessive energy use, such as higher fuel consumption, greater environmental pollution, and depletion of the ozone layer. There has been a significant increase in the demand for central and high-capacity household air conditioning systems in Muscat in recent years. The need for this is influenced by factors such as arid climate, increasing temperatures, air pollution, and population increase. As a result, there has been a significant increase in electricity use, putting a strain on power resources. To tackle this difficulty, the incorporation of solar collectors as supplementary thermal compressors in air conditioning systems offers a chance to utilise renewable energy sources. The objective of this hybrid technique is to enhance the effectiveness of cooling systems, hence minimising the need for electricity and lowering the release of environmental pollutants.
This paper is devoted to the discussion of dynamical properties of anisotropic dark energy cosmological model of the universe in a Bianchi type-V space time in the framework of scale covariant theory of gravitation formulated by Canuto et al.(phys.Rev.Lett.39:429,1977).A dark energy cosmological model is presented by solving the field equations of this theory by using some physically viable conditions. The dynamics of the model is studied by computing the cosmological parameters, dark energy density, equation of state(EoS) parameter, skewness parameters, deceleration parameter and the jerk parameter. This being a scalar field model gives us the quintessence model of the universe which describes a significant dark energy candidate of our accelerating universe. All the physical quantities discussed are in agreement with the recent cosmological observations.
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