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Fan, Y.V., Friedler, F., Tan, R.R., Varbanov, P.S.
Original Title
Reducing resource use and emissions by integrating technology and policy solutions
Type
editorial
Language
English
Original Abstract
Circular economy (CE) is one of the most discussed patterns that aim to tackle the global challenges of resource-saving and emission mitigation. Global efforts are in progress to develop international standards for different aspects of CE (ISO TC 323 2019). Technology development, process optimisation and waste recovery play an essential part in environmental sustainability. However, they will not work without effective policy design and implementation. Incentives and subsidies are usually needed to enhance the economic feasibility of potential technological solutions and prevent the formation of pollution havens (Fan et al. 2021), especially in the initial stages of the operation. However, good intentions can distort market prices, causing an adverse effect on both the economy and the environment. Careful planning and execution are critical to prevent such outcomes. For example, various recovery and recycling technologies, CO2 capture, utilisation and storage (Manaf et al. 2019), as well as eco-industrial parks, have to be supported by regulatory authorities through taxes or subsidies; where multiple firms are involved in the implementation, schemes for fair and rational allocation of costs and benefits are also essential (Chin et al. 2021).
Keywords
reducing; resource; use; emissions; integrating; technology; policy; solutions
Authors
Released
1. 1. 2022
Publisher
SPRINGER
Location
NEW YORK
ISBN
1618-954X
Periodical
Clean Technologies and Environmental Policy
Year of study
24
Number
1
State
United States of America
Pages from
Pages to
2
Pages count
URL
https://link.springer.com/article/10.1007/s10098-021-02237-2
BibTex
@misc{BUT176299, author="Yee Van {Fan} and Petar Sabev {Varbanov}", title="Reducing resource use and emissions by integrating technology and policy solutions", year="2022", journal="Clean Technologies and Environmental Policy", volume="24", number="1", pages="1--2", publisher="SPRINGER", address="NEW YORK", doi="10.1007/s10098-021-02237-2", issn="1618-954X", url="https://link.springer.com/article/10.1007/s10098-021-02237-2", note="editorial" }