Search Results (599)

A just and sustainable energy transition in historically coal-dependent regions like Kentucky requires more than the adoption of new technologies and market-based solutions. This study uses a stated preferences approach to evaluate public support for various attributes of energy transition programs, revealing broad backing for moving away from coal, as indicated by a negative willingness to pay (WTP) for the status quo (–USD 4.63). Key findings show strong bipartisan support for solar energy, with Democrats showing the highest WTP at USD 8.29, followed closely by Independents/Others at USD 8.22, and Republicans at USD 8.08. Wind energy also garnered support, particularly among Republicans (USD 4.04), who may view it as more industry-compatible and less ideologically polarizing. Job creation was a dominant priority across political affiliations, especially for Independents (USD 9.07), indicating a preference for tangible, near-term economic benefits. Similarly, preserving cultural values tied to coal received support among Independents/Others (USD 4.98), emphasizing the importance of place-based identity in shaping preferences. In contrast, social support programs (e.g., job retraining) and certain post-mining land uses (e.g., recreation and conservation) were less favored, possibly due to their abstract nature, delayed benefits, and political framing. Findings from Kentucky offer insights for other coal-reliant states like Wyoming, West Virginia, Pennsylvania, Indiana, and Illinois. Ultimately, equitable transitions must integrate local voices, address cultural and economic realities, and ensure community-driven planning and investment. Full article

In the context of the GCC, the adoption of integrated reporting (IR) remains limited, due in part to weak regulatory enforcement, a lack of awareness of the strategic benefits of IR, and a strong focus on short-term financial results. This limited reporting context presents a significant challenge for firms to credibly demonstrate their value to the market and attract potential investors, thus communicating long-term value. Given these limitations, this study considers how IR contributes to firm value, but also examines the mediating role that firm image (FI) plays in this relationship as a reputational construct representing stakeholder perspectives of a firm’s transparency and accountability. The research employs a quantitative methodology, analysing secondary data from corporate governance and integrated reports spanning 2017–2018 to 2022–2023. Findings indicate a positive and robust relationship between integrated reporting and the firm’s value, which was assessed using Tobin’s Q. The findings highlight the significant mediating role of firm image, illustrating how IR practices, via increased transparency, accountability, and sustainability, enhance firm value. This study provides significant insights for researchers, policymakers, and corporate managers, highlighting the strategic relevance of IR in the GCC region. The findings demonstrate that integrated reporting improves transparency, accountability, and sustainability, thereby assisting corporate managers in utilising IR to enhance firm image and facilitate value creation. Policymakers can utilise these insights to develop regulatory frameworks that promote integrated reporting practices, thereby enhancing transparency and sustainable growth within the corporate sector. Full article

The introduction of mobile banking is essential in today’s financial sector, where technological innovation plays a critical role. To remain competitive in the current market, businesses must analyze client attitudes and perspectives, as these influence long-term demand and overall profitability. While previous studies have explored general adoption behaviors, limited research has examined how individual factors such as social influence, lifestyle compatibility, financial technology self-efficacy, and perceived usage cost affect mobile banking adoption among specific generational cohorts. This study addresses that gap by offering insights into these variables, contributing to the growing literature on mobile banking adoption, and presenting actionable recommendations for financial institutions targeting younger market segments. Using a structured questionnaire survey, data were collected from both users and non-users of mobile banking among the Gen Z population in the United States. The regression model significantly predicts mobile banking adoption, with an intercept of $-0.548$ ($p < 0.001$). Among the independent variables, perceived cost of usage has the strongest positive effect on adoption ($B=0.857$, $\beta =0.722$, $p < 0.001$), suggesting that adoption increases when mobile banking is perceived as more affordable. Social influence also has a significant positive impact ($B=0.642$, $\beta =0.643$, $p < 0.001$), indicating that peer influence is a central driver of adoption decisions. However, self-efficacy shows a significant negative relationship ($B=-0.343$, $\beta =-0.339$, $p < 0.001$), and lifestyle compatibility was found to be statistically insignificant ($p=0.615$). These findings suggest that reducing perceived costs, through lower fees, data bundling, or clearer communication about affordability, can directly enhance adoption among Gen Z consumers. Furthermore, leveraging peer influence via referral rewards, Partnerships with influencers, and in-app social features can increase user adoption. Since digital self-efficacy presents a barrier for some, banks should prioritize simplifying user interfaces and offering guided assistance, such as tutorials or chat-based support. Future research may employ longitudinal designs or analyze real-life transaction data for a more objective understanding of behavior. Additional variables like trust, perceived risk, and regulatory policies, not included in this study, should be integrated into future models to offer a more comprehensive analysis. Full article

With consumers increasing in environmental awareness, manufacturers have integrated green R&D into their strategies, aiming to grasp the green market. However, manufacturers may be too bullish on the market potential of green products and maintain an optimistic attitude toward green R&D. Despite having an optimistic attitude, manufacturers often have no demand information advantage over downstream retailers due to their position in the supply chain, away from the market. It is worth exploring what impact optimistic green R&D in a sustainable supply chain with demand information asymmetry will have. Previous studies have not managed to reveal this. In this study, a stylized model is introduced to explore this question. The main findings are as follows: (1) optimistic green R&D increases the feasibility of the retailer sharing demand information, which facilitates information communication in the sustainable supply chain; (2) in most cases, optimistic green R&D does not bring higher profits for the manufacturer, yet is likely to allow the retailer to earn more, thereby resulting in a loss–win outcome; and (3) depending on the green R&D efficiency of the manufacturer and the consumer’s environmental awareness, optimistic green R&D may not generate higher environmental benefits. Full article

As a key enabling technology for energy transition, the smart grid is propelling the global power system to evolve toward greater efficiency, reliability, and sustainability. Based on the three-dimensional analysis framework of “technology–policy–application”, this study systematically sorts out the technical architecture, regional development mode, and typical application scenarios of the smart grid, revealing the multi-dimensional challenges that it faces. By using the methods of literature review, cross-national case comparison, and technology–policy collaborative analysis, the differentiated paths of China, the United States, and Europe in the development of smart grids are compared, aiming to promote the integration and development of smart grid technologies. From a technical perspective, this paper proposes a collaborative framework comprising the perception layer, network layer, and decision-making layer. Additionally, it analyzes the integration pathways of critical technologies, including sensors, communication protocols, and artificial intelligence. At the policy level, by comparing the differentiated characteristics in policy orientation and market mechanisms among China, the United States, and Europe, the complementarity between government-led and market-driven approaches is pointed out. At the application level, this study validates the practical value of smart grids in optimizing energy management, enhancing power supply reliability, and promoting renewable energy consumption through case analyses in urban smart energy systems, rural electrification, and industrial sectors. Further research indicates that insufficient technical standardization, data security risks, and the lack of policy coordination are the core bottlenecks restricting the large-scale development of smart grids. This paper proposes that a new type of intelligent and resilient power system needs to be constructed through technological innovation, policy coordination, and international cooperation, providing theoretical references and practical paths for energy transition. Full article

The European Union Emissions Trading System (EU ETS) and its underlying market structure play a central role in the EU’s climate policy. This study analyses how the network of trading relationships within the EU ETS has evolved from a hub-dominated architecture to one marked by structural change and the emergence of new trading dynamics. Using transaction data from Phases I–IV, we apply complex network analysis to assess changes in connectivity, centrality, and community structure. We then construct a Digital Twin of the EU ETS, integrating graph neural networks and logistic regression models to simulate the entry of new participants and predict future trading links. The results indicate shifts in network composition and connectivity, especially in Phase IV, where regulatory innovations and institutional mechanisms appear to play a key role. While our analysis focuses on structural dynamics, these patterns may have broader implications for market performance and policy effectiveness. These findings underscore the importance of monitoring the evolving trading network alongside price signals to support a resilient, efficient, and environmentally credible carbon market. Full article

Natural Climate Solutions (NCSs) represent a critical tool for addressing climate change, yet their long-term success is threatened by inadequate consideration of community impacts in current verification standards. While Article 6 of the Paris Agreement establishes rigorous requirements for carbon sequestration and emission avoidance verification, existing standards lack comprehensive frameworks for assessing and ensuring community well-being, undermining project permanence and market confidence. We developed an integrated framework combining community well-being assessment with verification requirements through analysis of Article 6 implementation requirements, existing voluntary carbon offset credit standards, emerging national standards, and community engagement mechanisms. Our analysis yielded a framework establishing five core tenets for community engagement (inclusion, engagement, contribution, ownership, and well-being) and nine essential well-being assessment domains, each with specific measurable indicators. The framework provides clear verification alignment protocols that integrate with existing standards while maintaining rigorous requirements and offering practical implementation guidance. Integration of community well-being assessment into NCS verification standards strengthens project permanence while meeting verification requirements, providing practical tools for standards bodies, project developers, and market participants to ensure both environmental and social benefits. As Article 6 mechanisms mature, this integration becomes increasingly crucial for project success. Full article

This study explores sustainable rural tourism entrepreneurship within the Urlaub am Bauernhof (UaB) cooperative network in Austria, offering an integrated model that unites financial, social, environmental, institutional, and marketing dimensions. Employing exploratory factor analysis (EFA) and Structural Equation Modeling (SEM) on data from 393 farm-based accommodation stakeholders, this research identifies sustainable entrepreneurship as comprising six interconnected dimensions: Economic Resilience and Diversification, Sociocultural Integration, Environmental and Regional Commitment, Market Visibility and Strategic Communication, Quality Assurance and Institutional Support, and Perceived Value and Branding. This multidimensional and hierarchically structured framework reflects the complex yet coherent nature of sustainability-driven entrepreneurship in cooperative tourism networks. The findings confirm the multidimensional nature of sustainable entrepreneurship and support the hypothesized structural relationships. The UaB network is presented as a transferable model that demonstrates how cooperative frameworks can enhance sustainability, regional identity, and rural revitalization, offering valuable insights and practical guidance for rural regions in the Western Balkans, where economic challenges, depopulation, and underdeveloped tourism infrastructure prevail. By illustrating a successful cooperative approach rooted in sustainability and regional identity, this study contributes to policy-making aimed at fostering resilient, culturally rich, and environmentally responsible rural tourism entrepreneurship in transitioning contexts. Full article

Renewable energy communities (RECs) are increasingly recognized as pivotal instruments in the global energy transition, offering decentralized, participatory, and sustainable solutions for energy management, specifically regarding energy production and consumption. The present review provides a comprehensive examination of the REC concept, tracing its regulatory evolution, particularly within the European Union through the renewable energy directives (RED II and RED III) and by analyzing its practical implementation across various countries. This paper explores the diverse technologies integrated into REC projects, such as photovoltaic systems, wind turbines, biogas, hydroelectric, and storage solutions, while also considering the socioeconomic frameworks, management models, and local engagement strategies that underpin their success. Key case studies from Europe, Asia, Africa, and Australia illustrate the various approaches, challenges, and outcomes of REC initiatives in different geographic and policy contexts. The analysis also highlights barriers to implementing RECs, including regulatory uncertainty and market integration issues, and identifies the best practices and policies that support REC scalability. By synthesizing current trends and lessons learned, this review aims to inform policymakers, researchers, and practitioners about the transformative role of RECs in achieving decarbonization goals and accomplishing resilient energy systems. Full article

The aim of this study is to analyze the factors that influence consumer referents or reference points and their interaction during the decision-making process, along with the principles of prospect theory in the metaverse with market and retail examples. We conducted an integrative literature review. Consumers’ preference for reference points is determined and structured during the buying process, which can be affected by potential signals and biased decisions. To guide consumers’ shopping experiences and purchasing behavior in the most effective way, marketers and organizations must investigate the factors that influence consumer reference points beyond physical or tangible attributes. Businesses must be adaptable and adapt their strategies to changing consumer preferences based on reference points. Our findings can advance discussions about how reference points are being used in the market by using consumer decision-making claims in the discursive construction of the metaverse. By comprehending this, developers can create better experiences and assist users in navigating virtual risks. Our research aids us in better comprehending the influence of referents on consumer purchasing decisions in the marketing communications field. Numerous opportunities for academic research into consumer reference points have arisen, in which individuals as digital consumers are influenced by the same biases and heuristics that guide their behavior in reality. Full article

The rapid growth in plastic consumption, particularly polyethylene terephthalate (PET), has led to a significant increase in plastic waste, posing a major environmental challenge. Developing an integrated circular economy framework for nanomaterial-enhanced recycled PET (nrPET) can be a promising approach to address this issue and advance sustainable and resilient road construction practices. This comprehensive review examines the current use of rPET in road construction, its existing limitations, and the role of nanomaterials in enhancing the performance of these materials. The review explores the mechanisms by which nanomaterials, such as carbon nanotubes, graphene, nanosilica, and clay nanoplatelets, can improve the properties of rPET, leading to more durable, weather-resistant, and cost-effective road materials. Furthermore, the review analyzes the environmental and sustainability benefits of using nrPET in road construction, focusing on carbon footprint reduction, conservation of natural resources, and alignment with circular economy principles. The potential for job creation, social benefits, and support for circular economy initiatives are also discussed. The review then delves into the challenges associated with the implementation of this framework, including technical barriers, economic and market barriers, regulatory and policy challenges, and environmental and safety considerations. Strategies to address these challenges, such as advancements in nanotechnology, scaling up circular economy models, and fostering collaborative research, are presented. Finally, the article proposes a framework and outlines future directions and research opportunities, emphasizing the exploration of emerging nanomaterials, scaling up circular economy models, and encouraging collaborations between researchers, industry stakeholders, policymakers, and communities. Full article

This work presents a parallel agent-based framework designed to analyze the dynamics of vegetable trade within a metropolitan area. The system integrates agent-based and discrete event techniques to capture the complex interactions among farmers, vendors, and consumers in urban agricultural supply chains. Decision-making processes are modeled in detail: farmers select crops based on market trends and environmental risks, while vendors and consumers adapt their purchasing behavior according to seasonality, prices, and availability. To efficiently handle the computational demands of large-scale scenarios, we adopt an optimistic approximate parallel execution strategy. Furthermore, we introduce a credit-based load balancing mechanism that mitigates the effects of heterogeneous communication patterns and improves scalability. This framework enables detailed analysis of food distribution systems in urban contexts, offering insights relevant to smart cities and digital agriculture initiatives. Full article

The EU power market system has successfully maintained a centralized governance structure ensuring stable electricity supply and affordable prices for over two decades. However, the ongoing energy transition towards carbon neutrality has exposed critical governance limitations, leading to challenges in community projects implementation. Given that Heating and Cooling (H&C) accounts for more than 50% of the EU’s energy consumption, community H&C initiatives can drive local energy transitions and support renewable integration. This study analyzes the best practices from European community energy initiatives, supplemented by insights from the Energy Leap project. By employing a comparative analysis approach, the study proposes a technically sound and regulatory feasible governance model, alongside a robust ecosystem support framework. The proposed framework introduces new roles and new forms of partnerships between communities—private entities and consumers—taking advantage of the benefits offered by the operation of Energy Communities (ECs), enhancing community engagement and regulatory adaptability. These insights offer practical guidance and contribute to effective policymaking in support of the EU’s energy transition objectives. Full article

This study presents an advanced energy demand management approach within residential microgrids using bipartite models for optimal demand response. The methodology relies on linear programming, specifically the Simplex algorithm, to optimize power distribution while minimizing costs. The model aims to reduce residential energy consumption by flattening the demand curve through demand response programs. Additionally, the Internet of Things (IoT) is integrated as a communication channel to ensure efficient energy management without compromising user comfort. The research evaluates energy resource allocation using bipartite graphs, modeling the generation of energy from renewable and conventional high-efficiency sources. Various case studies analyze scenarios with and without market constraints, assessing the impact of demand response at different levels (5%, 10%, 15%, and 20%). Results demonstrate a significant reduction in reliance on external grids, with optimized energy distribution leading to potential cost savings for consumers. The findings suggest that intelligent demand response strategies can enhance microgrid efficiency, supporting sustainability and reducing carbon footprints. Full article

This study examines the agroecology and bioculturality of Oxalis tuberosa Molina, in the Montúfar canton, Carchi province, Ecuador, an area where this Andean tuber is cultivated at altitudes above 3000 m and in soils with a pH between 5.3 and 7.8. The research was conducted in the Producampo Producers Association, composed of 33 active members, of which 87.5% are women, with an average age of 51.25 years. Oxalis tuberosa constitutes an important crop in their integrated agroecological production systems (IAPSs): the production of bio-inputs in SIPA systems is predominantly self-sufficient, with 75% of producers using exclusively their own organic fertilizers, mainly compost and vermicompost, and showing low dependence on external inputs, whether organic (12.5%) or chemical (25%); the latter are applied in small doses of about 5 kg every six months in secondary crops. The research adopted a mixed methodological approach, integrating semi-structured interviews for qualitative analysis using Atlas.ti and descriptive statistical analysis with specialized software. Of the total Oxalis tuberosa production, 80% is intended for personal consumption and 20% is sold at local markets. Cultivated ecotypes include “blanca” (70%) and “chaucha” (30%), both of which are resistant to pests but susceptible to frost. Families dedicate between 32 and 80 h per week to production, with an average of 56 h. The findings highlight the potential of Oxalis tuberosa to improve the food resilience of Andean communities and suggest that revaluing this crop and its traditional practices can improve agricultural sustainability in the region. Full article