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Enegy Forestry A Source Of Energy For The Romanian Economy

Author

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  • Margareta RUSU

    (Faculty of Management, The Bucharest University of Economic Studies, Romania)

Abstract

Using "grown fuels", as opposed to "fossil fuels" such as coal, natural gas and oil can be a possible solution to the global energy crisis by creating a decentralized power generation network. Wood is among the most efficient sources of bioenergy in terms of quantity of energy released by unit of carbon emitted compared with other energy crops. Research, development and innovation create new opportunities for the process of gathering and transforming the raw material into energy. Innovation should be targeted to deliver sustainability, biodiversity and economic growth. Romanian has a high potential and can develop energy forestry in order to reduce CO2 emissions and ensure an alternative energy solution and an energy reserve. This paper aims to analize the challenges and opportunities the biomass energy industry creates in the context of climate change mitigation which must be seen from an entrepreneurial perspective in Romania.

Suggested Citation

  • Margareta RUSU, 2014. "Enegy Forestry A Source Of Energy For The Romanian Economy," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 4, pages 667-674, July.
    • Handle: RePEc:cmj:seapas:y:2014:i:4:p:667-674
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    References listed on IDEAS

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    More about this item

    Keywords

    Biomass; Climate change mitigation; Wood processing industry; Research; development and innovation;
    All these keywords.

    JEL classification:

    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry

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