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What is COVID-19 and Environment

Chapter 5
COVID-19 Pandemic Impact on New Economy Development and Societal Change
The worldwide disruption caused by the pandemic has resulted in numerous positive effects on the environment and climate. The global reduction in modern human activity, such as the considerable decline in planned travel, was coined andropause and has caused a large drop in air pollution and water pollution in many regions. In China, lockdowns and other measures resulted in a 25 percent reduction in carbon emissions and a 50 percent reduction in nitrogen oxides emissions, which one Earth systems scientist estimated may have saved at least 77,000 lives over two months. Other positive effects on the environment include governance-system-controlled investments towards a sustainable energy transition and other goals related to environmental protection, such as the European Union’s seven-year €1 trillion budget proposal and €750 billion recovery plan “Next Generation EU” which seeks to reserve 25% of EU spending for climate-friendly expenditure. However, the pandemic has also covered illegal activities such as deforestation of the Amazon rainforest and increased poaching in Africa. The hindering of environmental diplomacy efforts combined with late capitalism also created economic fallout that some predict will slow investment in green energy technologies.
Published in Chapter:
Energy Market in the Post-COVID-19 World: Structural Analysis of Critical Factors for China
Nima Norouzi (Bournemouth University, UK)
Copyright: © 2022 |Pages: 19
DOI: 10.4018/978-1-6684-3374-4.ch005
Abstract
The objective of this chapter was to structurally model the high priority factors in the face of the impact of severe acute respiratory syndrome COVID-19 on the energy market. The method was based on interpretive structural modeling, and the matrix of crossed impacts multiplication was applied to classification. A model of 12 factors structured hierarchically in six levels is proposed in which consumption preferences, regulatory and normative modifications, political restrictions, and planning strategies have the greatest influence on the energy market from the perspective of China. As a result of this, it is suggested to move towards greater participation of public and private actors in renewable energy vectors.
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Chapter 6
COVID-19 and the Electricity Market: A Strategic Planning Framework for Sustainable Management in the Time of Crisis
The worldwide disruption caused by the pandemic has resulted in numerous positive effects on the environment and climate. The global reduction in modern human activity, such as the considerable decline in planned travel, was coined andropause and has caused a large drop in air pollution and water pollution in many regions. In China, lockdowns and other measures resulted in a 25 percent reduction in carbon emissions and a 50 percent reduction in nitrogen oxides emissions, which one Earth systems scientist estimated may have saved at least 77,000 lives over two months. Other positive effects on the environment include governance-system-controlled investments towards a sustainable energy transition and other goals related to environmental protection, such as the European Union’s seven-year €1 trillion budget proposal and €750 billion recovery plan “Next Generation EU” which seeks to reserve 25% of EU spending for climate-friendly expenditure. However, the pandemic has also covered illegal activities such as deforestation of the Amazon rainforest and increased poaching in Africa. The hindering of environmental diplomacy efforts combined with late capitalism also created economic fallout that some predict will slow investment in green energy technologies.
Published in Chapter: COVID-19 and the Electricity Market: A Strategic Planning Framework for Sustainable Management in the Time of Crisis; From: Handbook of Research on Changing Dynamics in Responsible and Sustainable Business in the Post-COVID-19 Era
Full Text Chapter Download: US $37.50 Add to Cart
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