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Wyświetlanie 1-2 z 2
Tytuł:
Estimation of Energy Intensity in Indian Iron and Steel Sector: A Panel Data Analysis
Autorzy:
Sharma, Anukriti
Roy, Hiranmoy
Dalei, Narendra Nath
Powiązania:
https://bibliotekanauki.pl/articles/1194459.pdf
Data publikacji:
2019-07-02
Wydawca:
Główny Urząd Statystyczny
Tematy:
energy intensity
Indian Iron and Steel sector
Energy Conservation Act
Perform-Achieve-Trade Mechanism
panel data
Opis:
India is the world's third largest consumer of primary energy, which includes fossil fuels like coal, oil, etc. The total primary energy consumption in India in 2015 was 107 Mtoe. India's total final energy consumption was estimated at 527 Mtoe of which the industrial sectors consumed about 30% (185 Mtoe) in 2013. The Iron and Steel sector is one of the most energy-intensive industries, consuming about 25% of the total industrial energy consumption. The energy consumption in Indian Iron and Steel sector is on the declining trend. It declined from 10 GCal/tcs in 1990 to 6.9 GCal/tcs in 2010-11. On average, iron & steel plants spend about 20-40% of the total manufacturing cost to meet their energy demands. In fact, energy cost is considered as a major factor in pricing of the steel. Energy Conservation Act, 2001 (ECA), and the formulation of Bureau of Energy Efficiency are important initiatives taken up by government in order to reduce energy consumption by various sectors in the Indian economy. Another important initiative is launching of first of its kind market-based mechanism, Perform, Achieve and Trade (PAT) mechanism in 2010 particularly targeting the energy consumption by the industrial sector of the economy. Phase-I for PAT ran from 2012-015 including eight most energy-intensive sectors under Indian Industrial sector, with Iron and Steel sector being a prominent sector. The objective of this paper is to empirically estimate the energy intensity of Indian Iron and Steel sector, also accounting for the impact of ECA and PAT Phase-I in dummy variable form. The results indicate that the decline in energy consumption in this sector until 2011 can also be attributed to Energy Conservation Act implemented in the year 2001 along with other factors. This is empirically confirmed by our results that ECA has a significant impact on reduction of energy intensity of the steel firms. PAT does not seem to have a considerable impact on energy intensity alone but in the years where both PAT and ECA are prevalent, i.e. from 2012 to 2015, there seems to be a significant impact of around 0.050 reduction in energy intensity, as accounted by different models in this paper. There is one more observation from the empirical results that profit margin intensity was found to be negatively related to energy intensity implying more profitable firms invest more in energy efficiency.
Źródło:
Statistics in Transition new series; 2019, 20, 2; 107-121
1234-7655
Pojawia się w:
Statistics in Transition new series
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
A Theoretical Review of Studying on Smart Contract in Blockchain Technology Revolution
Autorzy:
wen, Qingmei
Fang, Haowei
Powiązania:
https://bibliotekanauki.pl/articles/2551274.pdf
Data publikacji:
2023
Wydawca:
Instytut Metropolitalny
Tematy:
Blockchain Smart Contract
akt prawny
prawo zobowiązań
oszczędność energii
Blockchain
Smart Contract
Legal Act
Contract Law
energy conservation
Opis:
Artykuł został poświęcony problematyce inteligentnych kontraktów (smart contracts) zawieranych w sieci blokchain. Teoretyczna analiza poglądów na wskazany temat prowadzi do wniosku, że są w tym zakresie różnice pomiędzy badaniami prowadzonymi w Chinach a badaniami prowadzonymi w innych państwach. W pierwszym z państw zwraca się przede wszystkim uwagę na trzy aspekty inteligentnych kontraktów. Są nimi: charakter prawny inteligentnych kontraktów, ich wpływ na tradycyjne prawo umów, a także możliwe problemy związane z zastosowaniem w stosunku do nich odpowiedniej regulacji prawnej. Badania w innych państwach koncentrują się na: związku z inteligentnych kontraktów z prawem, wpływu tych kontraktów na prawo umów oraz potencjalnym ryzyku, jakie niosą za sobą inteligentne kontrakty.
This paper reveals that there are different perspectives for theoretical research of Blockchain Smart Contracts between China and other countries. Chinese scholars are mainly focused on three aspects in terms of the legal attribute, influence among traditional Contract Law and potential legal problems of Blockchain Smart Contract. While relative researches in other countries contain the relationship between Blockchain Smart Contracts and Laws, the impact of Blockchain Smart Contracts on traditional contract system and potential risks of Blockchain Smart Contracts. Survey reviews that although Chinese scholars have made specific analysis on Smart Contract, but there is still room for further research, including Guarantee, Interpretation, Jurisdiction of Smart Contract. Yet current studies in other countries are inclined to conduct the study from the perspective of Contract Law theory, probably the relationship between other Law and Contract Law should be considered. Nowadays most countries have realized the importance of energy conservation. the operation of blockchain consumes plenty of resources, especially electric power resources. Therefore, it brings an important issue on balancing the Legislative contradiction between energy conservation and rational utilization of Blockchain Smart Contracts.
Źródło:
Ad Astra. Program badań nad astropolityką i prawem kosmicznym; 2023, 7; 4-22
2720-4456
Pojawia się w:
Ad Astra. Program badań nad astropolityką i prawem kosmicznym
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-2 z 2

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