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How Green Are Jobs for the Energy Transition?

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  1. Meaning / Introduction The energy transition refers to the global shift from fossil-fuel–based energy systems (like coal, oil, and natural gas) to renewable, low-carbon sources (like solar, wind, hydro, and geothermal). This shift is crucial for reducing greenhouse gas emissions and addressing climate change. Green jobs are employment opportunities that contribute to environmental protection, sustainable use of natural resources, and climate mitigation or adaptation. In the context of the energy transition, green jobs are roles that support renewable energy generation, energy efficiency, decarbonisation of industries, and sustainable infrastructure. Examples of green jobs include: Solar panel installers Wind turbine technicians Energy efficiency auditors Electric vehicle (EV) infrastructure workers Grid modernization engineers Green jobs often aim to combine environmental sustainability with economic growth and social inclusion. 2. Advantages of Green ...

Innovation Ecosystem in Agriculture Economy

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  Meaning An innovation ecosystem in the agriculture economy refers to a structured and interconnected network of stakeholders, institutions, technologies, policies, and market systems that collectively promote agricultural innovation. It includes farmers, agribusiness firms, research institutions, universities, financial institutions, government agencies, startups, extension services, and consumers working together to develop, adopt, and scale new agricultural solutions. This ecosystem approach emphasizes that innovation in agriculture does not occur independently but emerges from collaboration, knowledge exchange, technological advancement, and supportive regulatory environments that enhance productivity, sustainability, and profitability. Introduction Agriculture plays a vital role in economic development, especially in developing economies where it contributes significantly to employment, income generation, and food security. However, the sector faces increasing challenges ...

Decoding renewable PPA prices in California's energy market

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 Meaning and Introduction  A renewable Power Purchase Agreement also called a PPA is a long term contract between a renewable energy developer and a buyer of electricity. The buyer may be a utility company corporation public institution or large commercial customer. Under the agreement the developer builds and operates a renewable energy project such as solar or wind and sells the electricity at a pre agreed price for a fixed number of years usually between ten and twenty five years. In Californias energy market renewable PPAs play a central role in achieving clean energy goals. The state has aggressive climate policies that require increasing shares of electricity to come from renewable sources. Because renewable projects require high upfront investment developers rely on PPAs to secure predictable revenue streams. The price agreed in the PPA reflects expected market conditions technology costs policy incentives grid conditions and risk allocation between the parties. Adv...

Adoption of ChatGPT for Students' Learning Effectiveness

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  1. Meaning ChatGPT adoption in education refers to the integration and use of AI-powered conversational systems—such as ChatGPT developed by OpenAI —to support, enhance, and personalize students’ learning experiences. It involves students using AI tools for tasks such as: Clarifying complex concepts Generating study materials Improving writing and research Practicing problem-solving Receiving instant feedback Learning effectiveness, in this context, refers to improved understanding, retention, engagement, academic performance, and skill development through AI-assisted learning. 2. Introduction The digital transformation of education has accelerated dramatically in the past decade. From Learning Management Systems (LMS) to online courses, technology has reshaped how students access and process knowledge. The emergence of generative AI tools like ChatGPT represents a new phase in educational innovation. Unlike static resources, ChatGPT provides interactive,...

Environmental Regulation and Firms’ Extensive Margin Decisions

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  1. Meaning Environmental regulation refers to government-imposed rules, standards, taxes, permits, and policies designed to reduce environmental damage caused by economic activities. These include emission standards, carbon taxes, pollution permits, environmental impact assessments, and sustainability reporting mandates. Extensive margin decisions refer to firms’ decisions about whether to enter or exit a market, launch a new product, invest in a new region, adopt a new technology, or participate in a particular line of production. Unlike the intensive margin , which focuses on how much to produce, the extensive margin concerns the binary or structural choice —to operate or not to operate in a specific market or activity. Thus, environmental regulation and firms’ extensive margin decisions examines how environmental policies influence firms’ choices to: Enter or exit industries Invest in new markets or countries Start or discontinue product lines Adopt clean te...

The Feasibility of Platform Cooperatives in the Gig Economy

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  1. Meaning Platform cooperatives are digital platforms that are owned and governed by their workers or users , rather than by external shareholders or venture capital investors. They apply traditional cooperative principles—democratic ownership, shared profits, collective decision-making—to digital marketplaces such as ride-hailing, food delivery, freelancing, and home services. In contrast to investor-owned platforms like Uber or Airbnb , platform cooperatives prioritize worker welfare, equitable revenue distribution, and community value over profit maximization. The gig economy refers to a labor market characterized by short-term contracts, freelance work, and task-based employment mediated by digital platforms. 2. Introduction The rapid expansion of the gig economy has transformed global labor markets. Digital platforms connect millions of workers and customers, offering flexibility and income opportunities. However, this model has also generated concerns: job insecurit...