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Sustainable integration of mineral resources, low carbon transition, and economic resilience in China

Author

Listed:
  • Zhou, Bo
  • Wu, Wenjiao
  • Dong, Siwei
  • Zhang, Xiaoxiao
  • Li, Jingyi

Abstract

Mineral sustainability has become a crucial topic for economists in recent decades. This study provides key insights into China's sustainability challenges, particularly regarding ferrous mineral production, economic resilience, and low-carbon transition goals. Using data from 1980 to 2022 analyzed with the ARDL technique, the research highlights significant negative impacts of ferrous mineral production, economic uncertainty, and carbon emissions on green energy progress. This underscores the need for urgent actions to enhance sustainability in the mineral sector and support green energy initiatives. Economic instability hampers long-term green energy development, making economic resilience essential. Sustainable population management is also crucial due to its effects on green energy advancement. Conversely, ICT advancements offer promise for sustainable development. China should implement a comprehensive policy framework focused on sustainable mineral use, carbon reduction, and economic stability, including measures such as promoting electric vehicles and improving green tax efficiency.

Suggested Citation

  • Zhou, Bo & Wu, Wenjiao & Dong, Siwei & Zhang, Xiaoxiao & Li, Jingyi, 2024. "Sustainable integration of mineral resources, low carbon transition, and economic resilience in China," Resources Policy, Elsevier, vol. 98(C).
    • Handle: RePEc:eee:jrpoli:v:98:y:2024:i:c:s0301420724007037
    DOI: 10.1016/j.resourpol.2024.105336
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    More about this item

    Keywords

    Ferrous mineral production; Sustainable ferrous industry; Carbon footprint; Economic resilience; Economic uncertainty; China;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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