Harnessing robotics for environmental economics and energy strategy: Advancing global economic policies towards green growth

Abstract

The composition of energy consumption is shifting from fossil fuels to renewable energy sources. Determining if reducing energy use may increase green factor production (GFP) is thus crucial. This study, which examines data from 2013 to 2019, indicates that GFP is impacted by both the Robotics and natural resource markets. It conducts a comprehensive analysis of Robotics's impact on the development of green economies using China as a case study and a suitable mathematical model, namely a static panel model (SPM). By applying robotics analytical powers and predictive modelling, the research sheds light on how economic growth and environmental preservation might be balanced, or “green growth.” The magazine aims to find synergies that support the incorporation of AI-driven solutions into policy frameworks, promoting a shift toward more environmentally sustainable practices globally by carefully analyzing global economic policies. It has been observed that different industries and development phases have other impacts of AI on carbon intensity. Furthermore, this investigation dissects GFP into its component elements, green efficiency improvement effects, and technological advancement to elucidate how AI influences green economic growth.

Keywords

• Robotics
• Environmental economics
• Green growth
• Global economic
• Energy strategy
• Renewable energy