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Environment and Sustainability

Edited By Celil Aydin and Burak Darici

The fact that environmental issues, which cause a significant externality within global goods, have gained a global dimension, necessitated more concrete steps for challenging with environmental issues. At this point, efforts to reduce environmental issues and protect the environment have been on the axis of sustainability. This book contains theoretical and empirical researches written by academicians and researches in the field of environment and sustainability. In the contributions, the macro dimensions of environmental pollution such as economic growth, health sector and technological development are examined. In addition to these, the contributors deal with micro dimensions such as consumption, marketing, accounting and firm behavior both in theory and empirically.

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Investigating the Validity of the EKC Hypothesis in Eurasian Countries: The Role of Financial Development

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Introduction

Human beings have gone through various ordeals such as war, famine, rapid population growth and urbanization etc. in different territories throughout history. However, environmental problems, especially global warming and climate change that came into being in the 1970s affected all countries regardless of the development level. The reason for serious environmental problems such as global warming and climate change is the recent high increase in the amount of greenhouse gases. The amount and composition of greenhouse gases that have a natural balance in the structure of the atmosphere and determine how much of beams that come from the sun and reflect from the ground will go through the atmosphere started to change as of the Industrial Revolution. Mass production that started with the Industrial Revolution increased the population drastically and the rapid growth of population brought about a rapid increase in international commerce and the demand for energy which is the main input of urbanization, consumption and production. The energy need resulting from these developments was satisfied with fossil fuels such as coal, petroleum and natural gas. A significant amount of CO2 emission mixes with the atmosphere as a result of fossil fuel consumption. This causes the CO2 gas, which has the largest share among greenhouse gases, to gradually increase and disrupts the greenhouse gas composition that has a natural balance. Disruption of this balance limits the permeability of the atmosphere and affects global warming negatively.

Although the main reason for global warming...

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