The importance of renewable energy sources for sustainable development
Open accessAbstract
The accelerated development of the global economy is leading to increasing consumption of natural resources. The exploitation of resources is moving at an accelerated pace, while their availability is decreasing. The biggest problem is the depletion of non-renewable and limited resources that are the carriers of the raw material base of energy and manufacturing industry, which calls into question the preservation of energy stability and efficiency at the global level. Uncontrolled industrial growth, accompanied by increasingly intensive depletion of non-renewable natural resources, especially fossil fuels, has caused enormous pollution of the environment and the entire planet. In the conditions of depletion of natural resources, negative climate changes accompanied by global warming and a serious threat to the survival of life, it is necessary to adopt and implement the concept of sustainable development. The concept of sustainable development explicitly aims to achieve optimal economic results, while preserving and improving the environment and the social component of development. Natural resources play an extremely important role in achieving economic growth and development. The aim of this paper is to point out the importance of renewable energy sources for achieving sustainable development. It is necessary to investigate the importance of renewable and non-renewable natural resources, as well as the factors that affect their exploitation, with the aim of successfully implementing the concept of sustainable development.
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International trade rules and regulations, such as tariffs, quotas, and trade agreements, influence the import and export of biofuels and feedstocks.
“International trade rules and regulations can influence the biofuel industry. Tariffs, quotas, and trade agreements influence the import and export of biofuels and feedstocks.”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [131]
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- Authors
- Petrović-Ranđelović, M., Kocić, N., & Stojanović-Ranđelović, B.
- Affiliations
- University of Nis (RS)
- Venue
- Economics of Sustainable Development
- Published
- 2020
- Volume
- 4
- Issue
- 2
- Pages
- 15-24
- ISSN
- 2560-421X (ISSN-L)
- 2560-4406
- OpenAlex
- W3115433613
- Cited by
- 39
- References
- 2
- Citations by year
- 2026: 4 · 2025: 9 · 2024: 10 · 2023: 11 · 2022: 3 · 2021: 2
- FWCI
- 4.72
- Type
- journal article
- Language
- en
- Open access
- diamond
- doi.org
- Licence
- cc-by
- Locations
- Economics of Sustainable Development (publishedVersion, cc-by)
- Topics
- Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Sustainable Development and Environmental Management
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Global Energy and Sustainability Research
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Renewable energy and sustainable power systems
- Keywords
- renewable energy, sustainable development, non-renewable resources, fossil fuel depletion, energy security, environmental pollution, climate change, global warming, natural resource exploitation, energy efficiency
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