Harnessing robotics for environmental economics and energy strategy: Advancing global economic policies towards green growth

The composition of energy consumption is shifting from fossil fuels to renewable energy sources. Determining if reducing energy use may increase green factor production (GFP) is thus crucial. This study, which examines data from 2013 to 2019, indicates that GFP is impacted by both the Robotics and natural resource markets. It conducts a comprehensive analysis of Robotics's impact on the development of green economies using China as a case study and a suitable mathematical model, namely a static panel model (SPM). By applying robotics analytical powers and predictive modelling, the research sheds light on how economic growth and environmental preservation might be balanced, or “green growth.” The magazine aims to find synergies that support the incorporation of AI-driven solutions into policy frameworks, promoting a shift toward more environmentally sustainable practices globally by carefully analyzing global economic policies. It has been observed that different industries and development phases have other impacts of AI on carbon intensity. Furthermore, this investigation dissects GFP into its component elements, green efficiency improvement effects, and technological advancement to elucidate how AI influences green economic growth. • This study analyzes data from 2013 to 2019, revealing how green financial performance (GFP) is influenced by robotics and natural resource markets. • Using a static panel model (SPM) and China as a case study, it explores the impact of robotics on green economic development. • The investigation breaks down GFP and technological advancements to demonstrate AI's role in fostering green growth. • The magazine aims to find synergies that support the incorporation of AI-driven solutions into policy frameworks.

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Publication Details

Journal
Energy Strategy Reviews
Published
2024-08-23
DOI
https://doi.org/10.1016/j.esr.2024.101504
Citations
9
Primary Topic
Climate Change Policy and Economics
Type
article
Field-Weighted Citation Impact
10.16
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article

Harnessing robotics for environmental economics and energy strategy: Advancing global economic policies towards green growth

Yingying Gao, Ziai Wu, Muhammad Shabaz, Di Zhao
9 citations
Energy Strategy Reviews
Climate Change Policy and Economics
10.16
article

Harnessing robotics for environmental economics and energy strategy: Advancing global economic policies towards green growth

Yingying Gao, Ziai Wu, Muhammad Shabaz, Di Zhao
article en
9 citations

Abstract

The composition of energy consumption is shifting from fossil fuels to renewable energy sources. Determining if reducing energy use may increase green factor production (GFP) is thus crucial. This study, which examines data from 2013 to 2019, indicates that GFP is impacted by both the Robotics and natural resource markets. It conducts a comprehensive analysis of Robotics's impact on the development of green economies using China as a case study and a suitable mathematical model, namely a static panel model (SPM). By applying robotics analytical powers and predictive modelling, the research sheds light on how economic growth and environmental preservation might be balanced, or “green growth.” The magazine aims to find synergies that support the incorporation of AI-driven solutions into policy frameworks, promoting a shift toward more environmentally sustainable practices globally by carefully analyzing global economic policies. It has been observed that different industries and development phases have other impacts of AI on carbon intensity. Furthermore, this investigation dissects GFP into its component elements, green efficiency improvement effects, and technological advancement to elucidate how AI influences green economic growth. • This study analyzes data from 2013 to 2019, revealing how green financial performance (GFP) is influenced by robotics and natural resource markets. • Using a static panel model (SPM) and China as a case study, it explores the impact of robotics on green economic development. • The investigation breaks down GFP and technological advancements to demonstrate AI's role in fostering green growth. • The magazine aims to find synergies that support the incorporation of AI-driven solutions into policy frameworks.

Energy Strategy ReviewsVol. 55
Wuhan University of Technology (CN), Chizhou University (CN)
Openalex Percentile: Top 2%
Climate Change Policy and Economics
10.16
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