Title: The usage and economic effects of biomass energy

Authors: Ümit Koç

Addresses: Central Bank of The Republic of Turkey, Ankara, Turkey

Abstract: Carbon emission rates have been increasing continuously in the last 200 years and consequently, this increase has dangerous and irreversible effects on climate. The rise in the planet's temperature is not the only negative result of climate change and global warming, triggered by the depletion of the ozone layer. Increased frequency and impact of extreme weather events such as drought, floods, violent hurricanes, rising sea levels and acid rates, melting glaciers are some of the known effects. As a result of these effects plants, animals and ecosystems, as well as humankind are at serious risk. For this reason, many institutions such as OECD and the World Bank are trying to control climate change and prevent the destruction of nature by announcing the concept of green growth. Increasing energy efficiency, using renewable energy sources and increasing forest lands are extremely critical for preventing the destruction of nature. The use of biomass, which is a very old and traditional energy resource, has entered the agenda of the governments as a serious renewable type of energy in parallel with the recent developments. This study will focus on the use of biomass as a renewable energy resource and its economic effects.

Keywords: biomass; renewable energy; biomass energy; economic growth; energy supply.

DOI: 10.1504/WRSTSD.2021.10038665

World Review of Science, Technology and Sustainable Development, 2022 Vol.18 No.3/4, pp.262 - 271

Received: 19 Jun 2020
Accepted: 06 Jan 2021

Published online: 04 Jul 2022 *

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