Energy in sustainable development

Journal Title: Central European Review of Economics and Finance - Year 2016, Vol 12, Issue 2

Abstract

Energy and its consumption effects still remain a strategic factor in pursuing sustainable development objectives. In addition to the noticeable advantages connected with the development and upgrading of various products, energy consumption, through generating harmful gas emissions, also causes climate changes and acid rain as well as quality deterioration in health foods. This is the reason why the role of the process energy consumption (energy efficiency), translating into the product quality, is becoming really crucial. In Poland, GDP primal energy consumption is 2.7 higher than the EU-27 average and 3.2 times higher than the EU-15 average. Poland and most of the countries will not solve their problems connected with the improvement in life quality or the impact of the power industry on the environment without an increase in economic energy efficiency. However, an upturn in energy efficiency (energysaving) should not lead to a decrease in product quality. The objective of this paper is to present energy and the effects of its consumption as the strategic factors in pursuing sustainable development goals. (original abstract)

Authors and Affiliations

Jerzy Żuchowski

Keywords

Related Articles

Unification of Economic Promotion in Małopolska Region as an Example of Institutional Coopetition

In recent years, regions have been increasingly promoted at the international level. It is reflected in actions taken by individual voivodships (Polish provinces), intensifying measures for attracting investment and prom...

Sustainable Growth of International Financial Markets in the Context of International Capital Flows

In relation to financial markets sustainable growth is usually understood in a simplified and one-dimensional way as a share of financial market in the flow of investment resources from investors to projects that form pa...

Verification of the hypothesis "too much finance" in the polish economy

The last global financial crisis has affected the changes in the architecture of the global financial system. This aspect is particularly important and valid starting point for a deeper and broader analysis of the impact...

Financial standing of Polish enterprises

Analysis of financial results and selected indicators of enterprises in sixteen Polish voivodeships is the key element of this paper. The figures are obtained from publications by the National Office for Statistics - Loc...

Local Government Debt Control by Regional Chambers of Audit – Current Status and Expectations

The aim of this paper was to evaluate the system of control over local government debt exercised by the Regional Chambers of Audit (RCA) and to present the conclusions and expectations resulting from this assessment both...

Download PDF file
  • EP ID EP210365
  • DOI -
  • Views 76
  • Downloads 0

How To Cite

Jerzy Żuchowski (2016). Energy in sustainable development. Central European Review of Economics and Finance, 12(2), 67-78. https://europub.co.uk/articles/-A-210365