{"title":"Decommissioning of a fuel oil-fired thermoelectric power plant in Brazil - Economic feasibility under certain and risk conditions","authors":"","doi":"10.1016/j.sftr.2024.100332","DOIUrl":"10.1016/j.sftr.2024.100332","url":null,"abstract":"<div><div>The strategic analysis for the decommissioning of thermoelectric plants is seen as a trend for the coming years. The search for renewable alternatives should stimulate investment in other energy sources, reducing the number of thermoelectric plants in the energy generation system. However, few studies have dealt with the decommissioning of oil-fired thermoelectric plants. In this work, the methodology was applied under deterministic and stochastic conditions using methods of net present value (NPV), internal rate of return (IRR), discounted payback, capital asset pricing model (CAPM) and weighted average cost of capital (WACC). The results showed that the deterministic NPV was positive, ranging from R$101.30 million (pessimistic scenario) to R$109.73 million (optimistic scenario). The IRR was higher than the WACC of 10.55 %, ranging from 13.50 % to 13.68 % per year. For the Monte Carlo simulation, NPV was observed with 100 % certainty of viability and the probabilities of occurrence allowed more analysis of the risks involved than those obtained by deterministic methods. this study contributes to future decommissioning projects in Brazil, considering the scenario of stimulating renewable sources and the energy transition, helping managers make decisions about their projects. In addition, it helps guide public policies that can optimize the decommissioning process and strengthen the national energy sector.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420247","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Environmental regulation, R&D subsidies, and industrial green total factor productivity","authors":"","doi":"10.1016/j.sftr.2024.100333","DOIUrl":"10.1016/j.sftr.2024.100333","url":null,"abstract":"<div><div>In the face of worsening global environmental degradation, significant attention has been devoted to the greening of industrial transformation and development, specifically by improving industrial green total factor productivity (GTFP). We explored the impact of environmental regulations on industrial GTFP and the moderating influence of R&D subsidies. We established a theoretical model in which environmental regulations affect industrial GTFP, and this relationship is moderated by R&D subsidies. The results revealed that the impact of environmental regulations on industrial GTFP is U-shaped and that the current level of environmental regulation is insufficient to boost industrial GTFP. Green technological innovation plays a mediating role in the effect of environmental regulations on industrial GTFP. Furthermore, R&D subsidies nonlinearly moderate the relationship, resulting in a steeper U-shaped curve and accelerating the arrival of the tipping point. These findings provide theoretical support and a reference for government policies that promote industrial greening.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Spatial inequality in sub-national human development index: A case study of West Bengal districts","authors":"","doi":"10.1016/j.sftr.2024.100330","DOIUrl":"10.1016/j.sftr.2024.100330","url":null,"abstract":"<div><div>Human Development and its regional disparity is an area of topical interest. In this paper, we consider space as an instrumental variable in understanding this disparity and explore spatial interdependence in human development across districts of West Bengal using alternate indicators of human development. This study uses both the standard United Nations Development Programme (UNDP) technique and an alternative methodology to construct a sub-national human development index. Spatial interdependence is measured using Moran's I coefficient and Local Indicators of Spatial Autocorrelation (LISA) cluster maps. Spatial regression is used to evaluate the spatial association between the Human Development Index as the dependent variable and a few independent variables. A high degree of clustering in all three dimensions of human development is observed among the southern districts of West Bengal. The pattern of cluster maps indicates the presence of both the growth pole process and the metropole-periphery process in the state. Spatial regression results indicate that the share of socially backward class population and urbanization rate are important variables affecting regional human development patterns. The findings of this study suggest policies targeted to promote social inclusion and urbanization linked with better access to economic opportunities in the lagging areas can help reduce regional imbalances.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Utilising machine learning for corporate social responsibility (CSR) and environmental, social, and governance (ESG) evaluation: Transitioning from committees to climate","authors":"","doi":"10.1016/j.sftr.2024.100329","DOIUrl":"10.1016/j.sftr.2024.100329","url":null,"abstract":"<div><div>Transparency and accountability are critical components of corporate sustainability. This study uses machine learning and empirical analysis to examine the influence of corporate social responsibility (CSR) committees and environmental, social, and governance (ESG) initiatives on corporate sustainability. Using 2017–2021 Bloomberg Terminal data, we investigated the environmental footprints, disclosure practices, risk profiles, and ESG fund commitments of Fortune 500 companies. Key findings indicate that CSR committees positively impact environmental performance, with an increase in environmental responsibility over time. Policy implications highlight the necessity for collaboration to prioritize environmental sustainability and address climate risk disclosure auditing within the audit profession.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Public participation in Governance of E-waste recycling: A tripartite evolutionary game analysis","authors":"","doi":"10.1016/j.sftr.2024.100323","DOIUrl":"10.1016/j.sftr.2024.100323","url":null,"abstract":"<div><div>The surge in informal E-waste recycling has led to significant resource wastage and environmental hazards. The current government-centered governance system faces substantial obstacles to effective implementation due to information gaps and operational challenges. This study adopts the concept of social governance by incorporating public participation into the traditional government-led e-waste recycling system. Utilizing the bounded rationality of evolutionary game theory, this research constructs a tripartite game model involving the government, recyclers, and the public. It analyzes the behavioral strategy choices of each participant and the mechanisms of mutual influence under different scenarios. The main findings are: (1) Solely relying on public power is insufficient for effectively governing informal recyclers. (2) Reasonable and moderate incentives can promote public participation, serving as an effective supplementary tool for government regulation. (3) Increasing public exposure to the informal dismantling behaviors of recyclers is crucial for enhancing governance effectiveness. Specific measures can include establishing complaint departments for related incidents and creating media channels. These findings underscore the importance of integrating public participation into e-waste governance to address the limitations of a purely government-centered approach.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420248","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"From green entrepreneurial intention to behaviour: The role of environmental knowledge, subjective norms, and external institutional support","authors":"","doi":"10.1016/j.sftr.2024.100331","DOIUrl":"10.1016/j.sftr.2024.100331","url":null,"abstract":"<div><div>The United Nations’ Sustainable Development Goals have been gaining traction. Green entrepreneurship has emerged as an appealing strategy for governments and educators to address environmental problems. This study examines the determinants affecting the transformation of green entrepreneurial intention into behaviour, a previously unexplored area. Specifically, the moderating roles of sustainability orientation, environmental knowledge, subjective norms, and external institutional support on the effect of green entrepreneurial intention on behaviour are examined. A quantitative survey of 663 Taiwanese individuals was conducted between November and December 2022. The factor structure was evaluated using exploratory factor analyses. The positive relationship between green entrepreneurial intention and behaviour was validated using multiple regression analysis. Environmental knowledge, subjective norms, and external institutional support, but not sustainability orientation, had positive moderating roles. These findings enrich existing theories, including the theory of planned behaviour and social cognitive career theory, and provide practical guidance to educators and policy makers promoting green entrepreneurial action.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Disruptive innovation capability in resource-constrained environments: The role of strategic posture and human capital","authors":"","doi":"10.1016/j.sftr.2024.100326","DOIUrl":"10.1016/j.sftr.2024.100326","url":null,"abstract":"<div><div>The disruptive innovation framework has been suggested to enhance new venture sustainability in resource-constrained contexts. This paper explores the role of human capital and strategic posture on disruptive innovation capability in low-income and resource-constrained environments. Using a generic qualitative inquiry strategy, we develop propositions tested by 20 in-depth interviews with entrepreneurs and industry role players in the South African startup incubation sector. Data from the interviews were analyzed through thematic analysis with constant comparison. The findings suggest that adopting an emerging market orientation and taking strategic risks assists in identifying the right consumer target market. Innovativeness is linked to effective product development processes, and a learning orientation contributes to the development of the skills and capabilities required for successful innovation in resource-constrained environments. Additionally, the findings emphasize prior founder knowledge and industry experience in shaping the strategic posture of entrepreneurs. Resource-constrained contexts vary significantly across regions. Our study contributes to the body of knowledge on disruptive innovations and small business sustainability in resource-constrained environments by investigating entrepreneurial dynamics in South Africa.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Role of Virtual Reality in advancing education with sustainability and identification of Additive Manufacturing as its cost-effective enabler","authors":"","doi":"10.1016/j.sftr.2024.100324","DOIUrl":"10.1016/j.sftr.2024.100324","url":null,"abstract":"<div><div>Virtual Reality (VR) revolutionises education, offering a uniquely immersive and engaging learning experience. It fosters personalised learning, ignites creativity, and enhances understanding through interactive 3D models. These models transport students into a virtual world, facilitating better comprehension and memory retention. VR also addresses crucial educational challenges, such as catering to students with special needs and enabling remote learning. Nevertheless, VR also faces challenges like high initial investment and, hence, has limited adoption in education. Thus, to overcome this challenge, Additive Manufacturing (AM) is identified as an emerging technology that complements VR in education. VR provides a digital model, whereas AM provides 3D physical models, enhancing understanding in students. These technologies reduce paperwork, promote a sustainable environment, and facilitate students to learn from their homes, reducing their travelling requirements. This paper highlights that using these technologies in education contributes to achieving many United Nation's Sustainable Development Goals.</div><div>This is a review-based research, where a scoping review has been presented, with articles and research papers from the relevant sources collected and analysed to address the well identified research objectives. It also compares traditional and VR-based teaching-learning, provides a broad classification for the different education segments targetable through VR, the economic impact of VR on education, and significant applications and advantages of VR in education. We also propose using AM as a cost-effective enabler for VR in education, facilitating sustainability by achieving many of the SDG goals. Further, limitations and VR's implications in academia are presented to show a way forward.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420241","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How do energy input and carbon emission constraints affect the ESG performance of manufacturing enterprises? Evidence from China","authors":"","doi":"10.1016/j.sftr.2024.100318","DOIUrl":"10.1016/j.sftr.2024.100318","url":null,"abstract":"<div><div>Sustainable development is the key to achieving high-quality growth in the manufacturing industry. The article analyzes the impact of energy inputs and carbon emission constraints on the ESG performance of Chinese manufacturing firms using listed company data from 2011-2022, carbon market emission control firms, and new energy city policies. The study finds the following core conclusions. First, energy input-carbon emission constraints can significantly improve the overall ESG performance of manufacturing firms rather than being limited to improving one aspect of performance. The benchmark regression results remain robust after a series of robustness tests. Second, the mechanism test shows that the energy input-carbon emission constraint can improve the ESG performance of manufacturing firms by promoting public green concern in the source prevention link, corporate green technology innovation in the process control link, and corporate green investment in the end governance link. In addition, enterprises' horizontal competition and vertical cooperation factors have a moderating effect on the direct impact of energy input-carbon emission constraints. Supply chain integration as a vertical cooperation factor positively reinforces the marginal increment. Firm competitiveness as a horizontal competition factor produces a \"U\" shaped moderating effect that is first weak and then strong. Finally, the heterogeneity analysis finds that the energy input-carbon emission constraint effectively promotes the ESG performance of technology-intensive and mature manufacturing firms and has a \"sending charcoal in the snow\" effect on the ESG performance of manufacturing firms in high-carbon industries. Therefore, the two-end synergistic constraint of energy input-carbon emission can effectively promote the growth of ESG performance of manufacturing enterprises, which brings important insights to the green development of manufacturing industries in other countries.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Achieving behavioral intention to renewable energy through perceived costs and benefits and environmental concern","authors":"","doi":"10.1016/j.sftr.2024.100319","DOIUrl":"10.1016/j.sftr.2024.100319","url":null,"abstract":"<div><div>Due to the high pollution caused by the consumption of energy from fossil fuels, governments have implemented policies that allow the transition to renewable sources, but this depends on many factors associated with the costs and attitudes of the population. This study examines the influence of perceived costs, benefits, and environmental concerns on the behavioral intentions toward renewable energy (RE) adoption in Ciudad Juarez, Mexico. A structural equation model is used to validate five hypotheses and information from 511 responses to a survey to explore how perceived costs (PCO) as an independent variable, perceived benefits (PBE), and environmental concerns (ECO) as mediators support intentions to adopt solar energy technologies. Findings reveal that PCO impacts PBE and ECO directly and influences behavioral intentions (BIN) indirectly. This underscores the importance of analyzing PCO in the context of developing countries due to the low per capita income. The study identifies ECO as the most significant factor affecting BIN and PBE as the primary influencer of ECO, suggesting that promoting the benefits of RE could enhance environmental concerns and, consequently, adoption intentions. Sensitivity analysis indicates the necessity of effectively disseminating cost-related information, as costs often overshadow perceived benefits. The findings advocate for clear communication regarding RE costs and benefits and the formulation of supportive policies to facilitate RE adoption in Mexico, highlighting the crucial role of comprehensive awareness strategies in improving public perception and acceptance of RE technologies, providing valuable insights for policymakers, stakeholders, and educators to promote sustainable energy practices.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142420242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}