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Mongol dream beyond fossil fuels: Prosperity of greenification

The current world situation under the coronavirus epidemic puts pressure on the commodity-based economy and signals the need to seek other options for diversifying export products while strengthening regional cooperation. Over the last four months of the epidemic period, Mongolia has temporarily sus...

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Detalles Bibliográficos
Autor principal: Gansukh, Zolboo
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Ltd. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9759348/
https://www.ncbi.nlm.nih.gov/pubmed/36568325
http://dx.doi.org/10.1016/j.renene.2021.02.079
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author Gansukh, Zolboo
author_facet Gansukh, Zolboo
author_sort Gansukh, Zolboo
collection PubMed
description The current world situation under the coronavirus epidemic puts pressure on the commodity-based economy and signals the need to seek other options for diversifying export products while strengthening regional cooperation. Over the last four months of the epidemic period, Mongolia has temporarily suspended commodity transport to China which takes over 60% of total exports. Moreover, the fossil fuel market is in a critical situation, not only because of the current epidemic but also because the modern world has been gradually moving towards greener development. Today, we face two additional problems: strengthening the economic stability of the country and mitigating greenhouse gas emissions. This article analyses how renewable energy export could stabilize and support the country’s macroeconomic situation. The article proposes using green energy to diversify export options as soon as possible. This research work focused on the Northeast Asian Super Grid Initiative and Gobitec project by reviewing renewable energy impacts in environmental, economic, and social circumstances.
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spelling pubmed-97593482022-12-19 Mongol dream beyond fossil fuels: Prosperity of greenification Gansukh, Zolboo Renew Energy Article The current world situation under the coronavirus epidemic puts pressure on the commodity-based economy and signals the need to seek other options for diversifying export products while strengthening regional cooperation. Over the last four months of the epidemic period, Mongolia has temporarily suspended commodity transport to China which takes over 60% of total exports. Moreover, the fossil fuel market is in a critical situation, not only because of the current epidemic but also because the modern world has been gradually moving towards greener development. Today, we face two additional problems: strengthening the economic stability of the country and mitigating greenhouse gas emissions. This article analyses how renewable energy export could stabilize and support the country’s macroeconomic situation. The article proposes using green energy to diversify export options as soon as possible. This research work focused on the Northeast Asian Super Grid Initiative and Gobitec project by reviewing renewable energy impacts in environmental, economic, and social circumstances. Elsevier Ltd. 2021-06 2021-02-19 /pmc/articles/PMC9759348/ /pubmed/36568325 http://dx.doi.org/10.1016/j.renene.2021.02.079 Text en © 2021 Elsevier Ltd. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Gansukh, Zolboo
Mongol dream beyond fossil fuels: Prosperity of greenification
title Mongol dream beyond fossil fuels: Prosperity of greenification
title_full Mongol dream beyond fossil fuels: Prosperity of greenification
title_fullStr Mongol dream beyond fossil fuels: Prosperity of greenification
title_full_unstemmed Mongol dream beyond fossil fuels: Prosperity of greenification
title_short Mongol dream beyond fossil fuels: Prosperity of greenification
title_sort mongol dream beyond fossil fuels: prosperity of greenification
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9759348/
https://www.ncbi.nlm.nih.gov/pubmed/36568325
http://dx.doi.org/10.1016/j.renene.2021.02.079
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