Fossil fuels play a major role in the world economy and global energy systems. Therefore, the world should balance the role of energy in social and economic development and reduce our dependence on fossil fuels and transition to low carbon energy sources. If we want to conserve our natural energy and fossil fuels, we must … Read more
The 2018 Nobel Prize winners for economic sciences The 2018 Nobel Prize for economic sciences shared by William D. Nordhaus and Paul M. Romer The 2018 Nobel Prize in Economic Sciences was awarded on Monday to a pair of American economists, William D. Nordhaus from Yale University, US, and Paul M. Romer from New York … Read more
How does globalization impact sustainable development in today’s interconnected world? Globalization is based on three dimensions: social, political and economic. Globalization describes the progress of the global integration of the cultural, political and economic structures. Sustainable Development Goals is a global development goal setting in the form of policy tools, which seeks to apply the … Read more