Engineering Game Theory Towards Energy Transition Using Shariah Jurisprudence Developmental Framework Based on Ethical Decision-Making

Abstract

Green hydrogen is a technological product of philosophy from environmental impact assessment. The paradigm shift to renewables is a form of energy transition to target carbon emission reduction of greenhouse gases. Sustainable development is a monetary framework of business innovation of goods and services. However, there are apparent limitations on electricity production, hence, issues can be raised concerning energy laws of business transactions pertaining to services. This paper is designed to address problems on commercial laws and illustrate game theory modellings of ethical decision-making and shariah jurisprudence method towards interpretation of statutory laws for renewable energies and thus, develop an equation for elucidation of its economic impacts along with 2050 planning of storage capacity for renewable power percentage of energy transition. Hamburg to Rotterdam Rules are legal instruments of business transactions pertaining to transportation laws of goods under agreements. Meanwhile, statutory interpretation serves as an illustration of legislative framework formulated for public welfare and safety, in harmony with constitutional laws. Electricity regulations are statutory laws for reflexive judgement of energy equation concerning economics based on game theory. Therefore, the energy transition in alignment with Renewable Energy (Electricity) Bill 2000 (Cth) is predicted to meet the 2050 plan of zero emission target.