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31 pages, 12177 KB  
Article
Regional Finance and Environmental Outcomes: Empirical Evidence from Kazakhstan’s Regions
by Nurlan Satanbekov, Ainagul Adambekova, Nurbek Adambekov, Akbota Anessova and Zhuldyz Adambekova
Economies 2026, 14(2), 37; https://doi.org/10.3390/economies14020037 - 24 Jan 2026
Viewed by 127
Abstract
This study investigates how financial growth connects to regional environmental performance within the framework of policies aimed at reducing carbon emissions. It uses a comprehensive panel dataset covering the period from 2010 to 2024. Although Kazakhstan has set ambitious targets, significant differences in [...] Read more.
This study investigates how financial growth connects to regional environmental performance within the framework of policies aimed at reducing carbon emissions. It uses a comprehensive panel dataset covering the period from 2010 to 2024. Although Kazakhstan has set ambitious targets, significant differences in financing levels and institutional development across regions pose substantial obstacles to achieving the target emissions reductions. Employing regional panel data, we use a random-effects model to assess links among banking loans, governmental funding metrics, employment statistics, and pollution measurements. Principal component analysis is utilized to tackle potential collinearity and reveal fundamental patterns. This approach reflects the inherent differences between regions rather than evolutionary shifts. The obtained empirical data demonstrate a significant relationship between high levels of bank loans and reduced carbon emissions. Regions with better access to financial services are better positioned to invest in energy efficiency, green infrastructure, and green innovation. Conversely, increases in regional budgets are associated with rising emissions, as tax revenue growth primarily comes from industries most dependent on fossil fuels. Dependence on the national budget for subsidies exacerbates distortions in regional budgets’ relationship with the regions’ transition to low-carbon development. The findings confirm the importance of regional financial management in determining the path to reducing greenhouse gas emissions. Based on this, it is proposed to transform the mechanism of interbudgetary relations to grant regions greater financial autonomy and to localize credit resources at the regional level to accelerate the transition to a low-carbon economy in Kazakhstan. Full article
(This article belongs to the Section Economic Development)
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41 pages, 3378 KB  
Review
Current Trends of Cellulosic Ethanol Technology from the Perspective of Industrial Development
by Gabrielly Karla Silva Santos, Carlos Eduardo de Farias Silva, Brígida Maria Villar da Gama, Josimayra Almeida Medeiros, Mathieu Brulé, Albanise Enide da Silva, Renata Maria Rosas Garcia Almeida, Daniele Vital Vich, Rafail Isemin, Xianhua Guo and Ana Karla de Souza Abud
Fermentation 2026, 12(1), 48; https://doi.org/10.3390/fermentation12010048 - 14 Jan 2026
Viewed by 505
Abstract
Driven by the energy transition within the framework of the United Nations Framework Convention on Climate Change, second-generation (2G) ethanol stands out as a technical and sustainable alternative to fossil fuels. Although first-generation ethanol, produced from saccharine and starchy feedstocks, represents an advance [...] Read more.
Driven by the energy transition within the framework of the United Nations Framework Convention on Climate Change, second-generation (2G) ethanol stands out as a technical and sustainable alternative to fossil fuels. Although first-generation ethanol, produced from saccharine and starchy feedstocks, represents an advance in mitigating emissions, its expansion is limited by competition with areas destined for food production. In this context, 2G ethanol, obtained from residual lignocellulosic biomass, emerges as a strategic route for diversifying and expanding the renewable energy matrix. Thus, this work discusses the current state of 2G ethanol technology based on the gradual growth in production and the consolidation of this route over the last few years. Industrial second-generation ethanol plants operating around the world demonstrate the high potential of agricultural waste as a raw material, particularly corn straw in the United States, which offers a lower cost and significant yield in the production of this biofuel. Similarly, in Brazil, sugarcane by-products, especially bagasse and straw, are consolidating as the main sources for 2G ethanol, integrated into the biorefinery concept and the valorization of by-products obtained during the 2G ethanol production process. However, despite the wide availability of lignocellulosic biomass and its high productive potential, the consolidation of 2G ethanol is still conditioned by technical and economic challenges, especially the high costs associated with pretreatment stages and enzymatic cocktails, as well as the formation of inhibitory compounds that compromise the efficiency of the process. Genetic engineering plays a particularly important role in the development of microorganisms to produce more efficient enzymatic cocktails and to ferment hexoses and pentoses (C6 and C5 sugars) into ethanol. In this scenario, not only are technological limitations important but also public policies and tax incentives, combined with the integration of the biorefinery concept and the valorization of (by)products, which prove fundamental to reducing costs, increasing process efficiency, and ensuring the economic viability and sustainability of second-generation ethanol. Full article
(This article belongs to the Special Issue Microbial Upcycling of Organic Waste to Biofuels and Biochemicals)
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29 pages, 2977 KB  
Article
Metagenomic Profiling Reveals the Role of Soil Chemistry–Climate Interactions in Shaping the Bacterial Communities and Functional Repertories of Algerian Drylands
by Meriem Guellout, Zineb Guellout, Hani Belhadj, Aya Guellout, Antonio Gil Bravo and Atef Jaouani
Eng 2026, 7(1), 40; https://doi.org/10.3390/eng7010040 - 12 Jan 2026
Viewed by 268
Abstract
Arid and semi-arid soils represent extreme habitats where microbial life is constrained by high temperature, low water availability, salinity, and nutrient limitation, yet these ecosystems harbor unique bacterial communities that sustain key ecological processes. To explore the diversity and functional potential of prokaryotic [...] Read more.
Arid and semi-arid soils represent extreme habitats where microbial life is constrained by high temperature, low water availability, salinity, and nutrient limitation, yet these ecosystems harbor unique bacterial communities that sustain key ecological processes. To explore the diversity and functional potential of prokaryotic assemblages in Algerian drylands, we compared soils from three contrasting sites: The Oasis of Djanet (RM1), the hyper-arid Tassili of Djanet desert (RM2), and the semi-arid El Ouricia forest in Sétif (RM3). Physicochemical analyses revealed strong environmental gradients: RM2 exhibited the highest pH (8.66), electrical conductivity (11.7 dS/m), and sand fraction (56%), whereas RM3 displayed the greatest moisture (10.9%), organic matter (7.6%), and calcium carbonate (20.7%) content, with RM1 generally showing intermediate levels. High-throughput 16S rRNA gene sequencing generated >60,000 effective reads per sample with sufficient coverage (>0.99). Alpha diversity indices indicated the highest bacterial richness and diversity in RM2 (Chao1 = 3144, Shannon = 10.0), while RM3 showed lower evenness and the dominance of a few taxa. Across sites, 66 phyla and 551 genera were detected, dominated by Actinobacteriota (38–45%) and Chloroflexi (13–44%), with Proteobacteria declining from RM1 (17.5%) to RM3 (3.3%). Venn analysis revealed limited overlap, with only 58 operational taxonomic units shared among all sites, suggesting highly habitat-specific communities. Predictive functional profiling (PICRUSt2, Tax4Fun, FAPROTAX) indicated metabolism as the dominant functional category (≈50% of KEGG Level-1), with carbohydrate and amino acid metabolism forming the metabolic backbone. Notably, transport functions (ABC transporters), lipid metabolism, and amino acid degradation pathways were enriched in RM2–RM3, consistent with adaptation to osmotic stress, nutrient limitation, and energy conservation under aridity. Collectively, these findings demonstrate that Algerian arid and semi-arid soils host diverse, site-specific bacterial communities whose functional repertoires are strongly shaped by soil chemistry and climate, highlighting their ecological and biotechnological potential. Full article
(This article belongs to the Special Issue Interdisciplinary Insights in Engineering Research)
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34 pages, 1022 KB  
Article
Green Supply Chain Management, Green Innovation, and Carbon-Neutral Performance: A Meta-Analytic Examination of the Moderating Role of Sustainability Metrics
by Resul Öztürk, Mehtap Öztürk, Zeynep Kızılkan, Constantin Dumitrașcu, Daniela Cîrțînă, Stefan Sorinel Ghimiși, Cătălina Aurora Ianăși and Alin Nioață
Sustainability 2026, 18(2), 681; https://doi.org/10.3390/su18020681 - 9 Jan 2026
Viewed by 283
Abstract
The accelerating global transition toward low-carbon production and sustainable value chains has intensified interest in practices that enhance environmental performance, particularly green supply chain management (GSCM) and green innovation (GI). Although these practices are widely promoted, empirical findings regarding how GSCM influences GI [...] Read more.
The accelerating global transition toward low-carbon production and sustainable value chains has intensified interest in practices that enhance environmental performance, particularly green supply chain management (GSCM) and green innovation (GI). Although these practices are widely promoted, empirical findings regarding how GSCM influences GI and carbon-neutral supply chain performance (CNSCP) remain dispersed and context-dependent. This study aims to synthesize and clarify these relationships by conducting a systematic meta-analysis grounded in the Resource-Based View (RBV) and Natural Resource-Based View (NRBV). Analyzing 24 studies published between 2017 and 2025, the research investigates the direct effects of GSCM on GI and CNSCP and examines the moderating roles of key sustainability metrics—CO2 emissions, renewable energy use, carbon tax, Frontier Technologies Index (FTI), and Global Sustainable Competitiveness Index (GSCI)—across low- and high-income countries. The findings reveal that GSCM significantly enhances both GI and CNSCP. Furthermore, strong sustainability infrastructures and stringent regulatory environments in high-income countries amplify these relationships, whereas infrastructure deficiencies and weaker regulatory systems in low-income countries limit their strength. These results demonstrate that sustainability metrics meaningfully condition the effectiveness of GSCM practices. Overall, this study highlights the strategic importance of GSCM in fostering CNSCP and provides theoretical insights and practical recommendations for policymakers, managers, and governments seeking to achieve long-term carbon neutrality goals. Full article
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15 pages, 3743 KB  
Article
Dynamic Changes in Gut Microbiota Composition and Function over Time in Suckling Raccoon Dogs
by Shaochen Yu, Weixiao Nan, Zhipeng Li, Chongshan Yuan and Chao Xu
Animals 2026, 16(2), 188; https://doi.org/10.3390/ani16020188 - 8 Jan 2026
Viewed by 198
Abstract
Raccoon dog fur is a commercially valuable animal product. As the scale of raccoon dog breeding continues to expand, ensuring the health of these animals has become an urgent priority. The gut microbiota plays a central role in regulating animal health; however, current [...] Read more.
Raccoon dog fur is a commercially valuable animal product. As the scale of raccoon dog breeding continues to expand, ensuring the health of these animals has become an urgent priority. The gut microbiota plays a central role in regulating animal health; however, current research on the composition of raccoon dog gut microbiota remains limited. This study aimed to characterize changes in the gut microbiota of suckling raccoon dogs across different stages, providing a foundation for future scientific feeding practices. Fecal samples of eight lactating raccoon dogs were collected and tested for microbiota on days 14, 21, and 45. Our results showed that the richness and diversity of microbiota increased with age in suckling raccoon dogs, peaking on the 45th day. Significant separation between groups was observed in both PCoA and NMDS analyses. UPGMA analysis indicated temporal fluctuations in gut microbiota composition. At the phylum level, Firmicutes and Bacteroidetes were the dominant taxa across all stages. LEfSe analysis at the genus level showed that Bacteroides was the most enriched taxon on the 14th day, Fusobacterium on the 21st day, and Prevotella_9 on the 45th day. Tax4Fun and PICRUSt analyses identified metabolism and genetic information processing as the primary functional roles of the gut microbiota. Further investigation suggested that the microbiota may benefit raccoon dogs through membrane transport, carbohydrate metabolism, amino acid metabolism, and energy metabolism. These findings establish a theoretical basis for improving the survival rate of suckling raccoon dogs and developing scientifically informed feeding and management protocols. Full article
(This article belongs to the Special Issue Nutritional Regulation of Gut Microbiota in Animals)
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22 pages, 3850 KB  
Article
Income, Heating Technologies and Behavioral Patterns as Drivers of Particulate Matter Emissions in the Kraków Metropolitan Area
by Elżbieta Węglińska, Maciej Sabal, Mateusz Zareba and Tomasz Danek
Energies 2026, 19(1), 283; https://doi.org/10.3390/en19010283 - 5 Jan 2026
Viewed by 401
Abstract
Air pollution episodes caused by particulate matter (PM) persist in and around Kraków even after the city’s ban on solid fuels. We examine how household wealth and the ongoing replacement of old heat sources with modern, energy-efficient units affect these emissions. Years of [...] Read more.
Air pollution episodes caused by particulate matter (PM) persist in and around Kraków even after the city’s ban on solid fuels. We examine how household wealth and the ongoing replacement of old heat sources with modern, energy-efficient units affect these emissions. Years of hourly data from a network of low-cost sensors for neighboring municipalities are combined with the Poland building emissions register specifying the number and type of heating devices and municipal personal income tax records. Two distinct emission patterns emerge. Episodes of elevated concentrations near houses with old hand-loaded stoves follow pronounced behavioral cycles tied to residents return home hours and the nightly sleep cycle, whereas elsewhere the pattern is smoother—consistent with modern heating sources or with advection from dispersed upwind sources. Municipalities that recorded per capita income growth also showed declines in average PM concentrations, suggesting that rising incomes accelerate the transition to cleaner, more efficient heating. Our findings suggest that economic development is linked to the shift towards cleaner and more efficient energy, and that providing targeted support for low-income households should not be overlooked in completing the transition. Full article
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25 pages, 421 KB  
Article
Policy Instruments Against Climate Change: A Panel Data Analysis of Carbon Taxation and Emissions Trading in OECD Countries
by Nergis Feride Kaplan Donmez
Economies 2026, 14(1), 12; https://doi.org/10.3390/economies14010012 - 3 Jan 2026
Viewed by 679
Abstract
Since the Industrial Revolution, the increase in greenhouse gas emissions has led to a significant rise in global temperatures compared to the pre-industrial period. This development has heightened the importance of carbon pricing policies in combating climate change. This study aims to examine [...] Read more.
Since the Industrial Revolution, the increase in greenhouse gas emissions has led to a significant rise in global temperatures compared to the pre-industrial period. This development has heightened the importance of carbon pricing policies in combating climate change. This study aims to examine the effects of carbon pricing instruments, carbon taxes and emissions trading systems (ETS) on carbon dioxide (CO2) emissions in OECD countries. A panel data analysis covering the period 2002–2023 was conducted, taking into account structural differences across countries as well as shared economic dynamics. The findings indicate that both carbon taxes and ETS mechanisms are effective in reducing CO2 emissions in the long run. Moreover, while increased industrial activity contributes to higher emissions, a greater share of renewable and nuclear sources in the energy mix is found to support emission reduction. The study demonstrates that carbon pricing policies exert limited short-term effects but generate structural and lasting impacts in the long term. The findings are consistent with the existing literature and theoretical framework. Achieving permanent reductions in emissions requires a comprehensive policy approach that not only implements carbon pricing, but also strengthens energy efficiency and fuel substitution in the industrial sector while continuously increasing the share of clean sources in the energy supply. The analysis shows that carbon taxes and emissions trading systems (ETS) are effective in reducing emissions over the long run in OECD countries, and that their success varies depending on countries’ energy profiles and policy designs. These results underline that a well-designed and complementary carbon pricing framework is critical for achieving a sustainable transition. Full article
19 pages, 7426 KB  
Article
Effect of Replacement of Ni by Ta on Glass-Forming Ability, Crystallization Kinetics, Mechanical Properties, and Corrosion Resistance of Zr–Cu–Al–Ni Amorphous Alloys
by Wenchao Sun, Mingzhen Ma, Zhilei Xiang, Xing Liu, Jihao Li, Zian Yang and Ziyong Chen
Materials 2026, 19(1), 161; https://doi.org/10.3390/ma19010161 - 2 Jan 2026
Viewed by 389
Abstract
In this study, bulk metallic glasses (BMGs) of Zr56Cu23Al10Ni11-xTax (x = 0, 0.5, 1, 1.5, 2, and 2.5 at.%) were prepared by copper mold suction-casting. The glass-forming ability, mechanical properties, crystallization kinetics, [...] Read more.
In this study, bulk metallic glasses (BMGs) of Zr56Cu23Al10Ni11-xTax (x = 0, 0.5, 1, 1.5, 2, and 2.5 at.%) were prepared by copper mold suction-casting. The glass-forming ability, mechanical properties, crystallization kinetics, and corrosion resistance of the as-obtained amorphous alloys were all investigated. Experimental results showed enhanced forming ability of amorphous alloys in the presence of small amounts of Ta element. By adding appropriate amounts of Ta, the supercooled liquid region of bulk metallic glass increased from 64 K to 73 K. The critical diameter of the alloy rod at x = 1, 1.5 rose from 5 mm to 6 mm. The addition of Ta also reduced the sensitivity coefficients of the amorphous alloys to the heating rate during crystallization, while other quantities, like Eg, Ex, and Ep, all incremented. Thus, the addition of Ta declined the temperature sensitivity of amorphous alloy systems. This also increased the energy barrier required for atom rearrangement, nucleation and growth, as well as greatly enhancing the stability of the systems. At 2% Ta content, the plastic strain of the amorphous alloy exceeded 2.6%, and yield strength reached 1900 MPa. In sum, the mechanical properties of the amorphous alloys after the addition of Ta element obviously improved when compared to the original alloy. As Ta content raised, the corrosion current densities of BMGs in different corrosion solutions gradually decreased, while the corrosion potential gradually increased. Full article
(This article belongs to the Section Metals and Alloys)
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26 pages, 3125 KB  
Article
Advancing Sustainable Development and the Net-Zero Emissions Transition: The Role of Green Technology Innovation, Renewable Energy, and Environmental Taxation
by Xiwen Zhou, Haining Chen and Guoping Ding
Sustainability 2026, 18(1), 221; https://doi.org/10.3390/su18010221 - 25 Dec 2025
Cited by 1 | Viewed by 460
Abstract
In the macro context of promoting sustainable development and achieving net zero emissions, the role of green technology innovation, renewable energy utilization and environmental policy is crucial. However, there is still a lack of consistent empirical evidence regarding the combined emission reduction effect [...] Read more.
In the macro context of promoting sustainable development and achieving net zero emissions, the role of green technology innovation, renewable energy utilization and environmental policy is crucial. However, there is still a lack of consistent empirical evidence regarding the combined emission reduction effect of these three factors in OECD countries. This study aims to empirically examine the combined impact of green technology innovation (GTI), renewable energy consumption (REC), and environmental taxes (ETAX) on carbon dioxide emissions. We expect that the former two will effectively reduce emissions, while the effect of environmental taxes depends on their design. Based on the panel data of 35 OECD economies from 1990 to 2019, this study adopts the augmented mean group (AMG) as the main estimation method, and uses the common correlation mean group (CCEMG) for the robustness test. To control potential endogenous issues, the difference generalized method of moments (GMM) is also employed for estimation. The causal relationship between variables is tested using the Dumitrescu–Herlin method. The results show that, as expected, GTI and REC have a significant negative impact on carbon dioxide reduction. However, ETAX is positively correlated with carbon emissions and does not have statistical significance, which deviates from the ideal policy effect and suggests that there may be efficiency bottlenecks in the current tax design. The causality test further reveals that there is a significant two-way causal relationship between CO2 emissions and GTI, REC, ETAX, GDP, and fossil fuel consumption (FEC). Therefore, it is recommended that OECD countries give priority to expanding investment in green technologies and renewable energy infrastructure and re-evaluate and optimize environmental tax policies to effectively promote the transition to a low-carbon economy. Full article
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35 pages, 1042 KB  
Article
Total Cost of Ownership and External Cost Assessment of Commercially Available Vehicles in Germany
by Johannes Buberger, Julian Estaller, Andreas Wiedenmann, Tobias Högerl, Wolfgang Grupp, Thomas Weyh and Manuel Kuder
Sustainability 2026, 18(1), 170; https://doi.org/10.3390/su18010170 - 23 Dec 2025
Viewed by 766
Abstract
This study aims to provide a comprehensive and realistic evaluation of consumer and external costs associated with commercially available passenger cars. The central research question is: How do Total Cost of Ownership (TCO) and external costs differ between conventional vehicles, Battery Electric Vehicles [...] Read more.
This study aims to provide a comprehensive and realistic evaluation of consumer and external costs associated with commercially available passenger cars. The central research question is: How do Total Cost of Ownership (TCO) and external costs differ between conventional vehicles, Battery Electric Vehicles (BEVs), and Fuel Cell Electric Vehicles (FCEVs) across various vehicle segments? The methodological approach includes the selection of 55 commonly registered vehicle variants in Germany and the calculation of TCO and external costs over a 16-year vehicle lifetime. TCO components include purchase price, governmental subsidies, remaining value, fuel or energy expenses, maintenance, insurance and taxes. External costs incorporate emissions, land use and the societal costs from purchase bonuses. Apart from the large quantity of considered vehicles and the depth of investigation, this study’s main contribution is the consideration of tax revenue as a negative external cost. The results show that BEVs consistently exhibit the lowest TCO and external cost across all segments. For example, a BEV in the E segment has 26% lower TCO and 14,300 € lower external cost than an equivalent diesel vehicle. FCEVs show competitive results in both TCO and external costs, though limited by market availability. While higher in TCO, vehicles in higher segments generally lead to lower external cost due to higher tax revenue. The findings support the economic and ecological advantages of BEVs, which should therefore be primarily considered by consumers and policy-makers. Full article
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34 pages, 418 KB  
Article
The Role of Climate-Oriented Funding in Advancing Renewable Energy Transition Across the EU
by Gheorghița Dincă, Ioana-Cătălina Netcu and Camelia Ungureanu
Energies 2025, 18(24), 6616; https://doi.org/10.3390/en18246616 - 18 Dec 2025
Viewed by 342
Abstract
The shift to renewable energy is a key goal for the European Union as it aims for climate neutrality; however, the effectiveness of climate-focused funding instruments varies significantly across member states. This research investigates the influences of mitigation investments, R&D spending, environmental tax [...] Read more.
The shift to renewable energy is a key goal for the European Union as it aims for climate neutrality; however, the effectiveness of climate-focused funding instruments varies significantly across member states. This research investigates the influences of mitigation investments, R&D spending, environmental tax revenues, subsidies, GDP growth, and capital formation on renewable energy expansion within the EU-27, placing particular emphasis on the structural differences between Old Member States (OMS) and New Member States (NMS). The study utilizes robust long-run estimation techniques alongside causality analysis over a span of 13 years, from 2010–2023. The findings highlight notable distinctions among the EU-27, OMS, and NMS regions. While the EU-27 and OMS show that funds designated for climate mitigation and R&D are critical drivers of the clean energy transition, in the NMS, environmental taxes, subsidies, innovation, and gross fixed capital formation play vital roles in advancing this transition. Furthermore, economic development shows mixed results in achieving sustainable objectives, underscoring the necessity for climate-oriented funding and initiatives. Therefore, policy measures should focus on mitigation finance and innovation across the EU, while the design of subsidies and environmental tax structures must be tailored to each region to ensure a fair and expedited transition. Full article
16 pages, 802 KB  
Article
Policy Implications and Risk Mitigation of Greenhouse Gas Management in the Renewable Energy Sector
by Bogdan Firtescu, Laurentiu Droj, Adrian Florea and Bogdan-Florin Filip
Risks 2025, 13(12), 250; https://doi.org/10.3390/risks13120250 - 11 Dec 2025
Viewed by 462
Abstract
The transition toward renewable energy systems offers significant opportunities to reduce greenhouse gas (GHG) emissions, while also introducing new challenges in risk management and policy design. This study examines the long-term effects of renewable energy consumption, the risk factors associated with environmental taxation, [...] Read more.
The transition toward renewable energy systems offers significant opportunities to reduce greenhouse gas (GHG) emissions, while also introducing new challenges in risk management and policy design. This study examines the long-term effects of renewable energy consumption, the risk factors associated with environmental taxation, and public expenditure on greenhouse gas (GHG) emissions across 27 European Union countries over a period of 22 years. Using panel data techniques—specifically the Fully Modified Ordinary Least Squares (FMOLS) and Dynamic Ordinary Least Squares (DOLS) estimators—the analysis identifies robust cointegrating relationships among environmental, fiscal, and energy variables. The joint null hypothesis (H0) states that renewable energy consumption, environmental taxation, and public environmental expenditure do not exert a statistically significant negative long-run effect on greenhouse gas (GHG) emissions in the European Union (i.e., none of these variables contributes to reducing GHG emissions in the long run). The findings show that renewable energy consumption and environmental taxes significantly and negatively affect GHG emissions, confirming their effectiveness as instruments for emission risk mitigation. Pollution taxes display the strongest elasticity among fiscal measures, indicating their pivotal role in carbon reduction strategies. Furthermore, public expenditure, particularly in waste management, meaningfully contributes to long-term emission reductions. These results highlight that a cohesive policy framework combining renewable energy development, targeted taxation, and strategic public investment can effectively minimize the environmental and economic risks associated with decarbonization. The study provides valuable empirical evidence for policymakers and risk analysts, underscoring the importance of integrated fiscal and energy policies in achieving sustainable climate risk management across the European Union Full article
(This article belongs to the Special Issue Risks in Finance, Economy and Business on the Horizon in the 2030s)
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18 pages, 1643 KB  
Article
Techno-Economic Study of Carbon Price Impact on Coal-to-Liquid Technology Coupling CCS in China
by Bing Han, Li Zhou and Maosheng Duan
Processes 2025, 13(12), 3960; https://doi.org/10.3390/pr13123960 - 8 Dec 2025
Viewed by 597
Abstract
To address petroleum security concerns and improve its energy structure, China continues to expand its utilization of coal-to-liquid (CTL) technology. While integrating carbon capture and storage (CCS) is essential to reduce the CO2 emissions from CTL, the high CO2 abatement cost [...] Read more.
To address petroleum security concerns and improve its energy structure, China continues to expand its utilization of coal-to-liquid (CTL) technology. While integrating carbon capture and storage (CCS) is essential to reduce the CO2 emissions from CTL, the high CO2 abatement cost remains one major barrier to its large-scale implementation. Carbon pricing could improve the cost-effectiveness and competitiveness of CTL-CCS. The impacts of the upstream carbon tax and the downstream carbon price are discussed, considering two indirect coal liquefaction routes: a once-through synthesis process with electricity generation from unreacted syngas and a process with recycling unreacted syngas. The financial performance, with or without CCS, was evaluated using process simulation in Aspen Plus 11.1 and a cost estimation model. First, the product cost of recycling synthesis is consistently lower than of once-through synthesis, indicating better economic efficiency. Second, adopting CCS without a carbon price significantly undermines economic performance. To keep the product cost increase below 10%, the upstream carbon tax and the downstream carbon price should be less than 100 and 120 RMB/tCO2, respectively. Third, the upstream carbon tax can quickly increase product costs and reduces NPV and IRR, but fails to incentivize actual emissions reduction. Fourth, the downstream carbon price can effectively drive actual emissions reduction, particularly at a higher carbon price. Finally, without a sufficiently high carbon price, enterprises lack necessary incentive to implement CCS. When the carbon price reaches 196 RMB/tCO2 (approximately 30 USD/tCO2), CCS becomes a cost-effective option for the CTL process. Full article
(This article belongs to the Topic Carbon Capture Science and Technology (CCST), 2nd Edition)
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26 pages, 4461 KB  
Article
Dietary Benefits of Pistachio Consumption in Mexico Modeled Using National Health Survey System (ENSANUT) 2012 and 2016 Data
by Alfonso Mendoza Velázquez, Sonia Rodríguez-Ramírez, Ana Elena Pérez Gómez, María Concepción Medina-Zacarias, Leonardo Mendoza Martínez and Adam Drewnowski
Nutrients 2025, 17(23), 3767; https://doi.org/10.3390/nu17233767 - 30 Nov 2025
Viewed by 647
Abstract
Background: Energy-dense non-essential snacks are subject to 8% excise tax in Mexico. Objectives: To model the impact on diet quality of (1) replacing energy-dense snacks with pistachios and (2) adding small amounts of pistachios to the diet. Methods: Data came from the Mexico [...] Read more.
Background: Energy-dense non-essential snacks are subject to 8% excise tax in Mexico. Objectives: To model the impact on diet quality of (1) replacing energy-dense snacks with pistachios and (2) adding small amounts of pistachios to the diet. Methods: Data came from the Mexico National Health and Nutrition survey (ENSANUT, by its Spanish acronym) 2012 (n = 7132) and 2016 (n = 14,764). Dietary intakes were collected using a semi-quantitative food frequency questionnaire. Substitution analyses replaced energy-dense snack foods with equicaloric amounts of pistachios (Model 1) or with mixed nuts/seeds (Model 2). Additional analyses (Model 3) added small amounts of pistachios (10–28 g) to the daily diet. Added sugars, sodium, and saturated fat along with protein fiber, vitamins, and minerals were the main nutrients of interest. Dietary nutrient density was assessed using the Nutrient-Rich Food (NRF9.3) Index. Separate modeling analyses were performed for ENSANUT 2012 and 2016 and for children and adults. Results: Energy-dense foods, mostly sweet, accounted for about 20% of daily energy. Modeled diets with pistachios and mixed nuts/seeds were much lower in added sugars (<8% of dietary energy) and in sodium (<550 mg/day) and were higher in protein, fiber, mono- and polyunsaturated fats, potassium, and magnesium (p < 0.05). Significant improvements in dietary quality held across all socio-demographic strata. Adding small amounts of pistachios (10–28 g) to the diet (Model 3) increased calories but also led to better diets and higher NRF9.3 dietary nutrient density scores. Conclusions: Modeled diets with pistachios replacing energy-dense snack foods had less added sugars and sodium and more protein, fiber, vitamins, and minerals. Adding small amounts of pistachios also led to better diets. Pistachios are a healthy snack and can be an integral component of healthy diets. Full article
(This article belongs to the Section Nutrition and Public Health)
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29 pages, 3310 KB  
Article
Impact of Mass Integration on the Technoeconomic Performance of the Gas Oil Hydrocracking Process in Latin America
by Sofía García-Maza, Segundo Rojas-Flores and Ángel Darío González-Delgado
Processes 2025, 13(11), 3681; https://doi.org/10.3390/pr13113681 - 14 Nov 2025
Cited by 2 | Viewed by 567
Abstract
The gas oil hydrocracking process is a cornerstone of modern refining, enabling the conversion of heavy fractions into high-value fuels such as diesel, kerosene, LPG, and naphtha. However, despite its economic significance, its considerable water requirements for cooling, washing, and steam generation lead [...] Read more.
The gas oil hydrocracking process is a cornerstone of modern refining, enabling the conversion of heavy fractions into high-value fuels such as diesel, kerosene, LPG, and naphtha. However, despite its economic significance, its considerable water requirements for cooling, washing, and steam generation lead to high utility costs, which may undermine profitability, representing the problem of the study. This study addresses the issue through a techno-economic assessment and resilience analysis of an industrial-scale, mass and energy-integrated gas oil hydrocracking process, utilizing the novel FP2O methodology. The process was modeled in Aspen HYSYS® V14.0 with a capacity of 1.94 Mt/year, assuming a feedstock cost of USD 350/t and a primary product (diesel) price of USD 1539/t. The total capital investment (TCI) was estimated at USD 175.68 million, while utility expenses reached USD 1312.18 million/year, representing nearly half of the total product cost (TPC) of USD 2692.20 million/year. A set of twelve techno-economic and three financial indicators was determined, yielding a gross profit (GP) of USD 97.69 million, profitability after tax (PAT) of USD 64.96 million, and a net present value (NPV) of USD 229.62 million. The payback period (PBP) was 1.41 years, with a depreciable payback period (DPBP) of 2.99 years. The return on investment (ROI) was 36.97%, and the internal rate of return (IRR) reached 44.81%, evidencing strong profitability relative to comparable petrochemical operations. Resilience analysis highlighted sensitivities to fluctuations in product prices, feedstock costs, and normalized variable operating costs (NVOC), identifying a critical NVOC of USD 1435/t against the current operation at USD 1384.74/t, which suggests a narrow buffer before profitability deteriorates. Overall, the findings confirm that mass and energy integration enhances resource efficiency but does not fully mitigate exposure to feedstock and utility price volatility. This work constitutes the first application of FP2O to a mass and energy-integrated gas oil hydrocracking facility, establishing a benchmark for holistic techno-economic and resilience assessments in complex petrochemical systems. Full article
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