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All Journal Heca Journal of Applied Sciences Leuser Journal of Environmental Studies Ekonomikalia Journal of Economics
Kusumo, Fitranto
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Agriculture, Biological Sciences & Forestry Earth & Planetary Sciences Economics, Econometrics & Finance Energy Engineering Environmental Science Health Professions Medicine & Pharmacology Other

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Journal : Ekonomikalia Journal of Economics

 1 
Unveiling the Carbon Footprint: Biomass vs. Geothermal Energy in Indonesia Idroes, Ghalieb Mutig; Syahnur, Sofyan; Majid, M. Shabri Abd; Idroes, Rinadi; Kusumo, Fitranto; Hardi, Irsan
Ekonomikalia Journal of Economics Vol. 1 No. 1 (2023): July 2023
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v1i1.47

Abstract

Global climate change, caused by greenhouse gases (GHGs) emissions, particularly carbon dioxide (CO2), has an enormous and unprecedented impact on our planet's ecosystem, development, and long-term sustainability. This study investigates the dynamic impact of biomass and geothermal energy on CO2 emissions in Indonesia from 2000 to 2020. Employing the Green Solow model with the approach of Fully-Modified Ordinary Least Squares (FMOLS), Dynamic Ordinary Least Squares (DOLS), Autoregressive Distributed Lag (ARDL) and Pairwise Granger causality test. The cointegration tests suggest the existence of a long-term equilibrium relationship between CO2 emissions, biomass, and geothermal energy. Empirical evidence reveals that although biomass and geothermal energy positively influence CO2 emissions, their overall impact is relatively low. This highlights the potential for these renewable energy sources to contribute to CO2 reduction and promote environmental sustainability. The Granger causality test confirms a causal relationship between CO2 emissions, biomass, and geothermal energy. Important policy recommendations for promoting sustainable energy practices in Indonesia involve investing in high-quality biomass and geothermal facilities to reduce emissions, implementing energy efficiency programs and fossil fuel conservation measures, and encouraging the use of electricity-based biomass and geothermal energy sources to reduce dependence on non-renewable fuels. These recommendations play a crucial role in achieving environmental and economic sustainability.
A Deep Dive into Indonesia's CO2 Emissions: The Role of Energy Consumption, Economic Growth and Natural Disasters Idroes, Ghalieb Mutig; Hardi, Irsan; Noviandy, Teuku Rizky; Sasmita, Novi Reandy; Hilal, Iin Shabrina; Kusumo, Fitranto; Idroes, Rinaldi
Ekonomikalia Journal of Economics Vol. 1 No. 2 (2023): November 2023
Publisher : Heca Sentra Analitika

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60084/eje.v1i2.115

Abstract

This study examines the influence of non-renewable energy consumption, renewable energy consumption, economic growth, and natural disasters on Indonesia's carbon dioxide (CO2) emissions spanning from 1980 to 2021. The Autoregressive Distributed Lag (ARDL) model is employed, with supplementary robustness checks utilizing Fully Modified Ordinary Least Squares (FMOLS), Dynamic Ordinary Least Squares (DOLS), and Canonical Cointegration Regression (CCR). The findings reveal that economic growth, along with non-renewable and renewable energy consumption, significantly affects CO2 emissions in both the short and long term. Robustness checks confirm the positive impact of non-renewable energy consumption and economic growth, while renewable energy consumption has a negative effect on CO2 emissions. Moreover, natural disasters exhibit a positive short-term impact on CO2 emissions. Pairwise Granger causality results further underscore the intricate relationships between the variables. To mitigate climate change and curb CO2 emissions in Indonesia, the study recommends implementing policies that foster sustainable economic development, encourage the adoption of renewable energy, and enhance disaster resilience.
Co-Authors Abd Rahman, Sunarti Azhar, Fauzul Eko Suhartono Hardi, Irsan Hewindati, Yuni Tri Hilal, Iin Shabrina Idroes, Ghalieb Mutig Idroes, Ghazi Mauer Idroes, Rinadi Irvanizam, Irvanizam Karma, Taufiq Khairan Khairan Lala, Andi Majid, M. Shabri Abd Maulana, Aga Misbullah, Alim Noviandy, Teuku Rizky Rinaldi Idroes Sasmita, Novi Reandy Sofyan Syahnur Suhendra , Rivansyah Suhendrayatna Suhendrayatna Zahriah, Zahriah Zuchra Helwani, Zuchra