Economic Determinants of Low-Carbon Development in the Visegrad Group Countries

Abstract

Low-carbon development is one of the more significant problems of the Visegrad Group countries (Czech Republic, Poland, Slovakia, and Hungary). It is related, among others, to the improvement of life quality in economic terms while taking into account activities for environmental protection. The aim of the article is to identify and explain the problems connected with low-carbon development. The purpose of the analyses is also to prove the negative impact of the emission of greenhouse gas emission (GHG) and other harmful substances into the air on the quality of human life and the natural environment. During the research, an assessment of the eco-efficiency of the used energy resources and technologies that negatively affect the environment was carried out. Moreover, the paper also presents methods to use greener energy sources and analyses the potential of implementing solutions supporting low-carbon development. The study recommends actions that may contribute to the reduction of greenhouse gas emissions. These include the limitation of the use of fossil fuels for the benefit of renewable energy and the development of distributed energy.