IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v89y2024ics0301420723012552.html
   My bibliography  Save this article

Resource depletion and conservation: Balancing demands on resources for green recovery and sustainability

Author

Listed:
  • Chen, Fujiang
  • She, Wuyue
  • Zeng, Feng
  • Gao, Meiben
  • Wen, Chao
  • Liu, Guoxin
  • Wu, Lixun
  • Wu, Yang
  • Zhang, Chi

Abstract

This study explores the impact of emissions on mineral resource output across 32 Chinese regions (2000–2021). The research aims to provide recommendations to boost mineral resource efficiency by utilizing Environmental Impact Assessment regulations, green financing initiatives, and industrial green technology indicators. However, challenges persist due to carbon emissions and Green Recovery Policies in Chinese municipalities. Green monetary policies influence mineral resource efficiency more than fiscal policies. The study recommends expanding each region's Emission Trading System (ETS) to optimize resource allocation and prioritize specific areas. It also delves into a potential digital green financial market using cryptocurrencies for eco-conscious investment, emphasizing renewable energy sources. This study underscores the importance of a balanced approach to resource conservation and green recovery, advocating for sustainable practices in China's mineral sector.

Suggested Citation

  • Chen, Fujiang & She, Wuyue & Zeng, Feng & Gao, Meiben & Wen, Chao & Liu, Guoxin & Wu, Lixun & Wu, Yang & Zhang, Chi, 2024. "Resource depletion and conservation: Balancing demands on resources for green recovery and sustainability," Resources Policy, Elsevier, vol. 89(C).
    • Handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012552
    DOI: 10.1016/j.resourpol.2023.104544
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723012552
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104544?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Chang, Lei & Taghizadeh-Hesary, Farhad & Mohsin, Muhammad, 2023. "Role of artificial intelligence on green economic development: Joint determinates of natural resources and green total factor productivity," Resources Policy, Elsevier, vol. 82(C).
    2. Francesco Vona & Giovanni Marin & Davide Consoli, 2019. "Measures, drivers and effects of green employment: evidence from US local labor markets, 2006–2014," Journal of Economic Geography, Oxford University Press, vol. 19(5), pages 1021-1048.
    3. Nassani, Abdelmohsen A. & Aldakhil, Abdullah Mohammed & Zaman, Khalid, 2021. "Ecological footprints jeopardy for mineral resource extraction: Efficient use of energy, financial development and insurance services to conserve natural resources," Resources Policy, Elsevier, vol. 74(C).
    4. Li, ChangZheng & Umair, Muhammad, 2023. "Does green finance development goals affects renewable energy in China," Renewable Energy, Elsevier, vol. 203(C), pages 898-905.
    5. Duan, Xiaoping & Xiao, Ya & Ren, Xiaohang & Taghizadeh-Hesary, Farhad & Duan, Kun, 2023. "Dynamic spillover between traditional energy markets and emerging green markets: Implications for sustainable development," Resources Policy, Elsevier, vol. 82(C).
    6. Tan, Xiujie & Liu, Yishuang & Dong, Hanmin & Zhang, Zhan, 2022. "The effect of carbon emission trading scheme on energy efficiency: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 506-517.
    7. Rao, Amar & Talan, Amogh & Abbas, Shujaat & Dev, Dhairya & Taghizadeh-Hesary, Farhad, 2023. "The role of natural resources in the management of environmental sustainability: Machine learning approach," Resources Policy, Elsevier, vol. 82(C).
    8. Chen, Fu & Tiwari, Sunil & Mohammed, Kamel Si & Huo, Weidong & Jamróz, Paweł, 2023. "Minerals resource rent responses to economic performance, greener energy, and environmental policy in China: Combination of ML and ANN outputs," Resources Policy, Elsevier, vol. 81(C).
    9. Li, Jiaman & Dong, Kangyin & Wang, Kun & Dong, Xiucheng, 2023. "How does natural resource dependence influence carbon emissions? The role of environmental regulation," Resources Policy, Elsevier, vol. 80(C).
    10. Jianhe Wang & Mengxing Cui & Lei Chang, 2023. "Evaluating economic recovery by measuring the COVID-19 spillover impact on business practices: evidence from Asian markets intermediaries," Economic Change and Restructuring, Springer, vol. 56(3), pages 1629-1650, June.
    11. Dongyang Zhang, 2023. "Fiscal policy benefits and green recovery of firms: an experimental exploration of Chinese listed firms in post-Covid-19," Economic Change and Restructuring, Springer, vol. 56(5), pages 2921-2942, October.
    12. Yanli Wang & Xiaodong Lei & Dongxiao Zhao & Ruyin Long & Meifen Wu, 2021. "The Dual Impacts of Green Credit on Economy and Environment: Evidence from China," Sustainability, MDPI, vol. 13(8), pages 1-13, April.
    13. Farhad Taghizadeh-Hesary, 2023. "Fiscal Policy Instruments and Green Recovery in the Post-Covid-19 era," Economic Change and Restructuring, Springer, vol. 56(5), pages 2917-2920, October.
    14. Chishti, Muhammad Zubair & Patel, Ritesh, 2023. "Breaking the climate deadlock: Leveraging the effects of natural resources on climate technologies to achieve COP26 targets," Resources Policy, Elsevier, vol. 82(C).
    15. Kian Mintz-Woo & Francis Dennig & Hongxun Liu & Thomas Schinko, 2021. "Carbon pricing and COVID-19," Climate Policy, Taylor & Francis Journals, vol. 21(10), pages 1272-1280, November.
    16. Jun Zhao & Kangyin Dong & Farhad Taghizadeh-Hesary, 2023. "Moving Towards Sustainable Development: Can Narrowing Income Inequality Facilitate Green Growth in China?," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 25(02), pages 1-34, June.
    17. Aldakhil, Abdullah Mohammed & Nassani, Abdelmohsen A. & Zaman, Khalid, 2020. "The role of technical cooperation grants in mineral resource extraction: Evidence from a panel of 12 abundant resource economies," Resources Policy, Elsevier, vol. 69(C).
    18. Parvadavardini SOUNDARRAJAN & Nagarajan VIVEK, 2016. "Green finance for sustainable green economic growth in India," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(1), pages 35-44.
    19. Sun, Xianming & Xiao, Shiyi & Ren, Xiaohang & Xu, Bing, 2023. "Time-varying impact of information and communication technology on carbon emissions," Energy Economics, Elsevier, vol. 118(C).
    20. Wang, Jiangbo & Xue, Yefei & Han, Mingyang, 2023. "Impact of carbon emission price and natural resources development on the green economic recovery: Fresh insights from China," Resources Policy, Elsevier, vol. 81(C).
    21. Yanguas Parra, Paola & Hauenstein, Christian & Oei, Pao-Yu, 2021. "The death valley of coal – Modelling COVID-19 recovery scenarios for steam coal markets," Applied Energy, Elsevier, vol. 288(C).
    22. Wan, Daoxia & Xue, Rui & Linnenluecke, Martina & Tian, Jinfang & Shan, Yuli, 2021. "The impact of investor attention during COVID-19 on investment in clean energy versus fossil fuel firms," Finance Research Letters, Elsevier, vol. 43(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wu, He & Feng, Ziyang & Sun, Tianjun & Li, Rongrong & Zhao, Haoyuan, 2024. "Efficiency, sustainability, and resilience a trifecta for a green economic recovery through natural resource markets," Resources Policy, Elsevier, vol. 88(C).
    2. Li, Ziyao & Dai, Liuyi, 2024. "Impact of energy stability, natural resources, and energy efficiency on ecological sustainability," Resources Policy, Elsevier, vol. 90(C).
    3. zhang, Ling & Niu, Guangli, 2023. "Role of financial performance and natural resources development on economic recovery: Empirical evidence from an Asian perspective," Resources Policy, Elsevier, vol. 85(PA).
    4. Qi, Ruijuan & Liu, Chang & Zhang, Qiwen, 2024. "Evidence mechanism for promoting natural resources and green recovery through green economy: Sustainable assistance in finance," Resources Policy, Elsevier, vol. 91(C).
    5. Bai, Rui & Lin, Boqiang, 2023. "Nexus between green finance development and green technological innovation: A potential way to achieve the renewable energy transition," Renewable Energy, Elsevier, vol. 218(C).
    6. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    7. Meng, Fanting, 2024. "Driving sustainable development: Fiscal policy and the promotion of natural resource efficiency," Resources Policy, Elsevier, vol. 90(C).
    8. Meng, LingYan & Li, Jinshi, 2023. "Efficient natural resource rents and carbon taxes in BRICS green growth," Resources Policy, Elsevier, vol. 86(PA).
    9. Liu, Dayong, 2023. "Does green finance and natural resources agglomeration have potential for green economic growth? Evidence from Asian perspective," Resources Policy, Elsevier, vol. 84(C).
    10. Islam, Md. Monirul & Sohag, Kazi & Hammoudeh, Shawkat & Mariev, Oleg & Samargandi, Nahla, 2022. "Minerals import demands and clean energy transitions: A disaggregated analysis," Energy Economics, Elsevier, vol. 113(C).
    11. Rahmani, Amir & Aboojafari, Roohallah & Bonyadi Naeini, Ali & Mashayekh, Javad, 2024. "Adoption of digital innovation for resource efficiency and sustainability in the metal industry," Resources Policy, Elsevier, vol. 90(C).
    12. Jiang, Lan & Jiang, Hua, 2023. "Analysis of predictions considering mineral prices, residential energy, and environmental risk: Evidence from the USA in COP 26 perspective," Resources Policy, Elsevier, vol. 82(C).
    13. Jianlong Wang & Weilong Wang & Yong Liu, 2024. "RETRACTED ARTICLE: Exploring the impact of clean energy interconnections on sustainable economic growth in China," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-32, June.
    14. Fang, Ying & Fan, Ying & Haroon, Muhammad & Dilanchiev, Azer, 2023. "Exploring the relationship between global economic policy and volatility of crude futures: A two-factor GARCH-MIDAS analysis," Resources Policy, Elsevier, vol. 85(PA).
    15. Zhang, Mei & Zhang, Danting & Yang, Yunjiao, 2023. "Green bond and trade openness effects on sustainable business practices in natural resource markets," Resources Policy, Elsevier, vol. 86(PA).
    16. Yang, Xiao & Anser, Muhammad Khalid & Yusop, Zulkornain & Abbas, Shujaat & Khan, Muhammad Azhar & Zaman, Khalid, 2022. "Volatility in mineral resource pricing causes ecological footprints: A cloud on the horizon," Resources Policy, Elsevier, vol. 77(C).
    17. Huang, Zilong & Ren, Xiaocong, 2024. "Impact of natural resources, resilient economic growth, and energy consumption on CO2 emissions," Resources Policy, Elsevier, vol. 90(C).
    18. Ding, Xiuying & Liu, Xuemei, 2023. "Renewable energy development and transportation infrastructure matters for green economic growth? Empirical evidence from China," Economic Analysis and Policy, Elsevier, vol. 79(C), pages 634-646.
    19. Tang, Qianning & Shahla, Rzayeva & Leyla, Aliyeva & Sevinj, Huseynova, 2023. "Moderating role of carbon emission and institutional stability on renewable energy across developing countries," Renewable Energy, Elsevier, vol. 209(C), pages 413-419.
    20. Md. Monirul Islam, 2024. "A Cross-Country Examination of Mineral Import Demand and Wind Energy Generation: Empirical Insights from Leading Mineral Importers," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 23(1), pages 6-32.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012552. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.