Issue 2, Volume 2 – 5 articles

Article

18 December 2024

EU Energy Law: Insufficient for the 1.5-Degree Celsius Limit—The Examples of EU Emissions Trading and Hydrogen Policies

This article examines the extent to which the current EU climate protection law fulfils the 1.5-degree limit from Article 2 of the Paris Climate Agreement. To this end, a qualitative governance analysis is applied. On this methodological basis, the main instrument for fossil phasing-outthe emissions trading schemeand the promotion of hydrogen are discussed as examples. The results show that the EU must further intensify its efforts on its territory and cooperate with other countries since the reformed ETS 1 and ETS 2, the SCF and the CBAM are not sufficiently effective to stay within the 1.5-degree limit of the Paris Agreement. This is also the case with regard to hydrogen policies. The primary focus of energy law on the ETS is therefore fundamentally convincing; however, it should be implemented more consistently, for example, in terms of the breadth of the approach, closing loopholes and the level of ambition.

Article

09 January 2025

Sustainability Practices and Financial Performance: Evidence from BIST Electricity Index

Amidst the backdrop of heightened market risks associated with transitioning to a lower-carbon economy, this study pioneers an examination of the correlation between sustainability and financial performance within Turkish energy market generator and retailer companies. In this study, the sustainability performance, exposure to market risks and effects on the financial performance of sub-sectors of companies listed in the BIST Electricity index were analyzed using panel data regression. The findings reveal a nuanced relationship between sustainability factors and financial performance, underscoring the imperative for electricity sector companies to prioritize sustainability initiatives not only for ethical reasons but also as a strategic imperative for long-term financial success and stakeholder value creation. Finally, the possibility of impending regulatory changes underscores the importance of early adoption of sustainability practices to mitigate potential financial liabilities and navigate future market risks effectively.

Opinion

10 February 2025

Depletion and Recovery of Soil Organic Matter: Ecological, Economic and Social Implications

Over the past decades, urbanization, industrialization and unsustainable management have impaired soil fertility and ecosystem functioning, thereby affecting ecological stability and economic development. The mechanistic coupling between pressures and effects lies in the loss of soil organic matter (SOM), which directly and indirectly controls the vast majority of soil properties and the functioning of the soil ecosystem. From the functions SOM exerts in the soil ecosystem, to the consequences of its depletion and the possibilities it offers for ecological restoration, this concise opinion offers a perspective on the multifaceted roles of SOM in sustaining ecosystem functioning and the services it generates. Indeed, SOM plays crucial roles in supporting soil long-term fertility and the provision of ecosystem services, such as food, water, genetic, medical and biochemical resources, religious, cultural and recreational values, as well as sequestration of carbon and regulation of climate. These roles foster the view of SOM as an ideal proxy for soil quality and health, and justify the interest in acting on SOM as a mean of enhancing the sustainability and effectiveness of ecological restoration projects. The improvement of SOM to favor the onset of proper ecological dynamics in heavily degraded ecosystems, such as urban, industrial and agricultural soils, can be also coupled to the recovery of useful organic matter from wastes, integrating ecosystem restoration within waste management and sustainable circular economy strategies. Since, ultimately, the sustainability of our civilization depends upon proper ecological dynamics, soil quality rises to a topic of public concern and this opinion aims at providing a reference point of view on the intertwined implications of its preservation on the ecological, economic and social spheres.

Article

03 March 2025

Harmony between Humanity and Nature in the Beijing-Tianjin-Hebei Urban Agglomeration during Decadal Development

Building harmony between humanity and nature (HHN) migrates the conflict between social-economic development and eco-environmental conservation, promoting the coordination and balance between economic development and ecological protection, and then achieving the state of harmonious coexistence between humanity and nature. Here, taking advantage of the Beijing-Tianjin-Hebei urban agglomeration as the research region, this study aimed to evaluate the changes in comprehensive level of economic, social, and ecological development, as well as the coupling coordination degree of HHN from 2014 to 2021, and to identify their spatio-temporal evolution patterns. The findings reveal that from 2014 to 2021, the comprehensive development level of HHN in the Beijing-Tianjin-Hebei urban agglomeration exhibits a linearly increasing pattern, with significant differences in time and space. The comprehensive development level of HHN in the northern region of the Beijing-Tianjin-Hebei urban agglomeration has always been higher than that in the southern region. By 2021, all the cities had basically reached a middle development level. And the coordination degree of the comprehensive development of HHN showed a healthy development trend. In 2021, the coordination degree of HHN in the Beijing-Tianjin-Hebei urban agglomeration was at transitional development, with an average annual increase of 3%. In the future, the Beijing-Tianjin-Hebei urban agglomeration should prioritize coordinated development of HHN, enhance eco-environment protection and management, promote industrial transformation and upgrading, explore new development modes and ecological resource transformation strategies, and establish a modern capital region characterized by high-level ecological civilization development.

Editorial

17 March 2025

The Roots of Rights—Special Issue: “Transformative Practices: Rights of Nature and the Good Life”

This special issue focuses on the social practices of Rights of Nature (RoN), specifically exploring the transformative competencies and skills involved. The research investigates both individual competencies, such as resilience, mindfulness, and creativity, and collective skills, like relationship building and sustainable forms of interaction with the social and the ecological environment. The central question is if RoN does include “best practice” examples of cultivating non-instrumental relationships with the self, the social other, and the natural other.

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