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Globalisation, energy usage and sustainability

Author

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  • Raza, Mohsin
  • Elahi, Muhammad Ather

Abstract

Energy usage plays vital role in the spread of globalisation, through the process of industrialization and free trade of goods and services, has posed challenges in achieving the goal of global sustainability. Industrialized world has economic growth based on fossil fuel which may lead to environmental degradation. Such economic growth has two problems related to the industrial process from the perspective of sustainable development: intensive use of natural resources as raw material and produced goods from industries; and harmful gases emitted as a consequence. The exploitation of natural resources for industrialized process will lead to unsustainability because of earth’s limits of reproduction. Similarly, GHG’s emission from industries responsible for global warming is the main cause of climate change will also lead towards unsustainability. This calls for the need of transformation in current industrial production pattern and switching to sustainable energy options for achieving goal of sustainability of globalisation.

Suggested Citation

  • Raza, Mohsin & Elahi, Muhammad Ather, 2014. "Globalisation, energy usage and sustainability," MPRA Paper 59323, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:59323
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    References listed on IDEAS

    as
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    8. World Bank, 2008. "World Development Indicators 2008," World Bank Publications - Books, The World Bank Group, number 28241.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    globalisation; sustainability; alternative energy;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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