From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry
This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive...
Ausführliche Beschreibung
Autor*in: |
Li, Na [verfasserIn] Dilanchiev, Azer [verfasserIn] Mustafa, Ghulam [verfasserIn] |
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Format: |
E-Artikel |
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Sprache: |
Englisch |
Erschienen: |
2023 |
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Schlagwörter: |
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Übergeordnetes Werk: |
Enthalten in: Resources policy - Amsterdam [u.a.] : Elsevier Science, 1974, 86 |
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Übergeordnetes Werk: |
volume:86 |
DOI / URN: |
10.1016/j.resourpol.2023.104080 |
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Katalog-ID: |
ELV065444574 |
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520 | |a This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. | ||
650 | 4 | |a Green technology innovation | |
650 | 4 | |a Extractive industries | |
650 | 4 | |a Mineral extraction | |
650 | 4 | |a Oil extraction | |
650 | 4 | |a Efficiency | |
700 | 1 | |a Dilanchiev, Azer |e verfasserin |4 aut | |
700 | 1 | |a Mustafa, Ghulam |e verfasserin |4 aut | |
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10.1016/j.resourpol.2023.104080 doi (DE-627)ELV065444574 (ELSEVIER)S0301-4207(23)00791-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Li, Na verfasserin aut From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry 2023 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. Green technology innovation Extractive industries Mineral extraction Oil extraction Efficiency Dilanchiev, Azer verfasserin aut Mustafa, Ghulam verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 86 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:86 GBV_USEFLAG_U GBV_ELV SYSFLAG_U GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2106 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4242 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 86 |
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10.1016/j.resourpol.2023.104080 doi (DE-627)ELV065444574 (ELSEVIER)S0301-4207(23)00791-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Li, Na verfasserin aut From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry 2023 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. Green technology innovation Extractive industries Mineral extraction Oil extraction Efficiency Dilanchiev, Azer verfasserin aut Mustafa, Ghulam verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 86 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:86 GBV_USEFLAG_U GBV_ELV SYSFLAG_U GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2106 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4242 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 86 |
allfields_unstemmed |
10.1016/j.resourpol.2023.104080 doi (DE-627)ELV065444574 (ELSEVIER)S0301-4207(23)00791-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Li, Na verfasserin aut From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry 2023 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. Green technology innovation Extractive industries Mineral extraction Oil extraction Efficiency Dilanchiev, Azer verfasserin aut Mustafa, Ghulam verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 86 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:86 GBV_USEFLAG_U GBV_ELV SYSFLAG_U GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2106 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4242 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 86 |
allfieldsGer |
10.1016/j.resourpol.2023.104080 doi (DE-627)ELV065444574 (ELSEVIER)S0301-4207(23)00791-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Li, Na verfasserin aut From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry 2023 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. Green technology innovation Extractive industries Mineral extraction Oil extraction Efficiency Dilanchiev, Azer verfasserin aut Mustafa, Ghulam verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 86 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:86 GBV_USEFLAG_U GBV_ELV SYSFLAG_U GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2106 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4242 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 86 |
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10.1016/j.resourpol.2023.104080 doi (DE-627)ELV065444574 (ELSEVIER)S0301-4207(23)00791-2 DE-627 ger DE-627 rda eng 330 VZ 83.63 bkl Li, Na verfasserin aut From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry 2023 nicht spezifiziert zzz rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. Green technology innovation Extractive industries Mineral extraction Oil extraction Efficiency Dilanchiev, Azer verfasserin aut Mustafa, Ghulam verfasserin aut Enthalten in Resources policy Amsterdam [u.a.] : Elsevier Science, 1974 86 Online-Ressource (DE-627)306710234 (DE-600)1500719-4 (DE-576)259484261 nnns volume:86 GBV_USEFLAG_U GBV_ELV SYSFLAG_U GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_32 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_74 GBV_ILN_90 GBV_ILN_95 GBV_ILN_100 GBV_ILN_105 GBV_ILN_110 GBV_ILN_150 GBV_ILN_151 GBV_ILN_187 GBV_ILN_213 GBV_ILN_224 GBV_ILN_230 GBV_ILN_370 GBV_ILN_602 GBV_ILN_702 GBV_ILN_2001 GBV_ILN_2003 GBV_ILN_2004 GBV_ILN_2005 GBV_ILN_2007 GBV_ILN_2009 GBV_ILN_2010 GBV_ILN_2011 GBV_ILN_2014 GBV_ILN_2015 GBV_ILN_2020 GBV_ILN_2021 GBV_ILN_2025 GBV_ILN_2026 GBV_ILN_2027 GBV_ILN_2034 GBV_ILN_2044 GBV_ILN_2048 GBV_ILN_2049 GBV_ILN_2050 GBV_ILN_2055 GBV_ILN_2056 GBV_ILN_2059 GBV_ILN_2061 GBV_ILN_2064 GBV_ILN_2106 GBV_ILN_2110 GBV_ILN_2111 GBV_ILN_2112 GBV_ILN_2122 GBV_ILN_2129 GBV_ILN_2143 GBV_ILN_2152 GBV_ILN_2153 GBV_ILN_2190 GBV_ILN_2232 GBV_ILN_2336 GBV_ILN_2470 GBV_ILN_2507 GBV_ILN_4035 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4242 GBV_ILN_4249 GBV_ILN_4251 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4326 GBV_ILN_4333 GBV_ILN_4334 GBV_ILN_4338 GBV_ILN_4393 GBV_ILN_4700 83.63 Volkswirtschaftliche Ressourcen Umweltökonomie VZ AR 86 |
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from oil and mineral extraction to renewable energy: analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry |
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From oil and mineral extraction to renewable energy: Analyzing the efficiency of green technology innovation in the transformation of the oil and gas sector in the extractive industry |
abstract |
This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. |
abstractGer |
This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. |
abstract_unstemmed |
This study explores the transformation process within the oil and gas sector of the extractive industry. It examines the move from conventional oil and mineral extraction methods towards renewable energy sources facilitated by advancements in green technological innovation. Using the Autoregressive Distributed Lag (ARDL) model, this research looks at the evolution of major oil and gas companies from 2010 to 2021. The issue statement focuses on identifying the drivers behind the extraction industry's transition to renewable energy. This study used the ARDL model to examine the long- and short-term connections between many factors, such as spending on renewable energy, oil output, carbon emissions, and financial performance measures. This research investigates the efficacy of the shift, as mentioned above, by analyzing its environmental and economic ramifications. The study illuminates the viability and efficacy of implementing environmentally friendly technology using a comprehensive methodology that combines environmental impact analyses with economic efficiency evaluations. Using a combination of factual data and case studies, this research brings attention to the possible advantages that may be derived from adopting green technology. These benefits include a decrease in carbon emissions, an improvement in the sustainability of resources, and the possibility of economic diversification. Furthermore, the research highlights the difficulties and obstacles impeding the transition, emphasizing the need for policies and expenditures that assist. This study ultimately adds to the academic conversation on the transition of the extractive sector towards sustainable energy solutions, providing valuable insights for policymakers, industry stakeholders, and environmental campaigners. |
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