Formulating a road map for decarbonization in United States via resource efficiency, renewable energy, and globalization: Evidence from time‐frequency‐quantile approach DOI Creative Commons
Abraham Ayobamiji Awosusi, Oktay Özkan, Zahoor Ahmed

et al.

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Oct. 19, 2024

Abstract Renewable energy, resource efficiency, and globalization are recognized as pivotal factors in the pursuit of environmental sustainability. This study's novelty lies examining impact influence globalization, adoption renewable energy sources on energy‐related CO 2 emissions United States spanning years from 1990 to 2020 is focus this study. Additionally, investigation leveraged a diverse range time‐frequency‐quantile techniques, encompassing quantile‐on‐quantile regressions, wavelet coherence, cross quantile wavelet‐based correlation, regression, which an additional novel aspect The findings research indicate that utilization sources, forces collectively contribute enhancing ecological sustainability by reducing across quantiles, time periods, temporal contexts. study posits these offer comprehensive framework can guide policymakers toward taking tangible measures advance while curbing emissions.

Language: Английский

Formulating sustainable development policy for a developed nation: exploring the role of renewable energy, natural gas efficiency and oil efficiency towards decarbonization DOI
Muhammad Khalid Anser, Khatib Ahmad Khan, Muhammad Umar

et al.

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 31(3), P. 247 - 263

Published: Oct. 25, 2023

Limiting CO2 emissions is crucial for sustainable development, environmental protection, and climate change mitigation, ensuring a more resilient cleaner future. Prioritizing urbanization renewable energy, energy efficiency vital achieving this prosperous As result, we adopt the Fourier testing approach stationary, cointegration, estimator, causality, to scrutinize role of efficiency, on in Finland over period between 1990 2020, controlling economic growth trade openness. The empirical analysis ARDL estimator establishes that measures such as gas oil exhibit an adverse effect emissions, so mitigates emissions. Similarly, study also found reduce Conversely, openness induce Additionally, Fourier-Toda-Yamamoto method provides robust evidence regarding long-term implications examined factors. Based emphasizes implementing regulatory framework enhance promote adoption, support urban development will be essential strategy global effort attain net-zero target, which offers valuable insights other countries seeking transition towards sources.

Language: Английский

Citations

50

Green policies and financial development in G7 economies: An in‐depth analysis of environmental regulations and green economic growth DOI

Wenjuan Wang,

Muhammad Imran, Kishwar Ali

et al.

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Feb. 25, 2024

Abstract This comprehensive study explores the nuanced relationship between financial development and its determinants within G7 nations, spanning years 1990 to 2020. Motivated by need understand long‐term trends, we meticulously analyze key variables including total natural resource rent, Environmental Policy Stringency Index, energy consumption, green gross domestic product (GDP), foreign direct investment inflow. Employing rigorous diagnostic tests ensure robustness of our findings, advanced methodologies such as “Method Moment Quantile Regression,” along with simulations “Bootstrap Regression," “Panel Corrected Standard Errors,” “Feasible Generalized Least Squares” regressions uncover statistical significance practical implications results. Our pivotal findings carry substantial for both individual member states collective group. Highlighting a positive correlation stringent environmental policies, measured development, emphasizes imperative these nations align economic policies. Striking harmonious balance management sustainable regulations not only fosters growth but also addresses global concerns. Furthermore, adverse impact consumption on underscores urgent prioritize efficiency transition sources, aligning trend towards eco‐friendly practices. In response critical propose actionable policy measures. To growing climate crisis standardize finance practices, advocate establishment jointly funded Climate Resilience Adaptation Fund unified Green Bond Framework G7. These measures enhance resilience streamline investments demonstrate G7's commitment greener more prosperous future.

Language: Английский

Citations

19

Financial Development's Role in Reducing the Ecological Footprint of Energy Consumption in BRICS DOI Creative Commons
Iftikhar Yasin, Saqib Amin, Waqas Mehmood

et al.

Sustainable Development, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 6, 2025

ABSTRACT This study examines the relationship between energy consumption and environmental degradation in BRICS countries from 1995 to 2022, focusing on how financial development moderates this relationship. The key objective is explore potential of mitigate adverse impacts consumption, mainly through promoting cleaner alternatives improving efficiency. To achieve this, employs Driscoll‐–Kraay fixed‐effects bootstrap panel quantile regression methods account for cross‐sectional dependence capture heterogeneous effects across different quantiles consumption. findings indicate that significantly exacerbates degradation, but can reduce these effects, especially at lower levels. However, higher levels use, mitigating impact diminishes. These results contribute achieving Sustainable Development Goals 7 (Affordable Clean Energy) 13 (Climate Action), providing valuable insights policymakers. Based findings, recommends a dual approach emphasizes strengthening systems while efficiency adopting renewable foster more sustainable future. also highlight need international cooperation knowledge sharing improve outcomes countries.

Language: Английский

Citations

5

Achieving carbon neutrality in energy transition economies: exploring the environmental efficiency of natural gas efficiency, coal efficiency, and resources efficiency DOI Creative Commons
Abraham Ayobamiji Awosusi, Hüseyin Özdeşer, Mehdi Seraj

et al.

Clean Technologies and Environmental Policy, Journal Year: 2024, Volume and Issue: unknown

Published: July 24, 2024

Abstract This study inspects the environmental impact of resource efficiency, natural gas and coal efficiency in top energy transition economies while incorporating economic growth globalization, social political globalization as control variables. We utilized method moments quantile regression to analyze a dataset from 1990 2021, dynamic ordinary least square, fixed-effect fully modified square methods were used for robustness analysis. The outcomes estimators revealed that contribute decline CO 2 emissions. Conversely, results further indicated growth, intensify Furthermore, panel Granger causality test was also utilized, which evidence bidirectional association between emissions all regressors except globalization. However, unidirectional causal connection identified From observed alongside inferences drawn analysis, we offer holistic policy approach attaining carbon neutrality by driving development implementation initiatives. Graphical abstract

Language: Английский

Citations

14

Oil rents and environmental sustainability: do green technologies and environmental technological innovation matter? DOI Creative Commons
Montassar Kahia, Anis Omri

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2024, Volume and Issue: 10(3), P. 100366 - 100366

Published: Aug. 15, 2024

Language: Английский

Citations

14

Determinants of Environmental Pollution: Evidence from Indonesia DOI Creative Commons
Vu Ngoc Xuan

Journal of Open Innovation Technology Market and Complexity, Journal Year: 2024, Volume and Issue: unknown, P. 100386 - 100386

Published: Sept. 1, 2024

Language: Английский

Citations

11

Testing the non-linear environmental effects of ongoing renewable energy transition in underdeveloped nations: The significance of technological innovation, governance, and financial globalization DOI
Muntasir Murshed

Gondwana Research, Journal Year: 2024, Volume and Issue: 130, P. 36 - 52

Published: Jan. 21, 2024

Language: Английский

Citations

9

Toward sustainable climate action in advanced economies: Linking information communication technology, technological innovation, economic complexity, and ecological footprint DOI
Joshua Chukwuma Onwe, Solomon Prince Nathaniel, Mohd Arshad Ansari

et al.

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: April 11, 2024

Abstract Information and communication technology (ICT), technological innovation, renewable energy (REN) consumption have been proffered as solutions to the recent environmental tragedies in developed countries. In times, ICT diffusion innovation improved G7 countries, but same cannot be said of REN consumption. As such, this study examines link between ICT, economic complexity, REN, ecological footprint (EF) for countries over period 1990–2020. We use three variables (fixed telephone subscriptions [FTS], mobile cellular [MCS], individuals using internet [IUI]) represent ICT. The presence cross‐sectional dependence guides second‐generation econometric methods slope heterogeneity, unit root, cointegration, parameter estimation. augment mean group (AMG) estimator panel OLS techniques are applied complement method moment quantile regression (MM‐QR) approach. MM‐QR results suggest that impede EF across all levels (0.1–0.9), whereas growth complexity heterogeneous effects on EF, suggesting impact depends estimation proxy variable. line with these outcomes, public policies directed toward funding projects recommended. should specifically focus environmentally friendly technologies can guarantee complementarity reduced damage increased growth.

Language: Английский

Citations

9

Relationship between GDP, FDI, Renewable Energy, and Open Innovation in Germany: New Insights from ARDL method DOI Creative Commons
Vu Ngoc Xuan

Environmental and Sustainability Indicators, Journal Year: 2025, Volume and Issue: 25, P. 100592 - 100592

Published: Jan. 10, 2025

Language: Английский

Citations

1

Formulating ecological sustainability policies for India within the coal energy, biomass energy, and economic globalization framework DOI

Cuicui Ding,

Abraham Ayobamiji Awosusi, Shujaat Abbas

et al.

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(52), P. 112758 - 112772

Published: Oct. 14, 2023

Language: Английский

Citations

12