Do green technology innovation, environmental policy, and the transition to renewable energy matter in times of ecological crises? A step towards ecological sustainability

Technological Forecasting and Social Change, Journal Year: 2024, Volume and Issue: 207, P. 123638 - 123638

Published: Aug. 7, 2024

Over the past few decades, ecological damage has been humanity's greatest threat. It is possible that factors such as green technology innovation, environmental policy, and renewable energy consumption can play an essential role in process of achieving sustainability. Therefore, present study aims to investigate impact consumption, along with economic growth, trade openness, urbanization, on sustainability presence Kuznets curve hypothesis for a group G-7 economies from 1994 2018. For this purpose, we employed long-run mean estimation approaches (FMOLS, DOLS, FE-OLS) Panel Quantile Regression technique produce heterogeneous results at various levels footprint. The panel quantile regression findings report urbanization promote by reducing footprint all quantiles. However, effect statistically insignificant 10th quantile. Further, significant positive growth negative square confirms hypothesis. Moreover, indicate openness stimulates and, result, reduces estimates are similar outcomes. suggest countries need well-designed strict policies emphasize help these increase share compared non-renewable technological innovation through financial aid, stringent policy instruments (e.g., taxes) ensure

Language: Английский

---

Dynamic interactions between GDP, renewable energy, innovation, and CO2 emissions in Finland: a fourier-augmented ARDL analysis

Letters in Spatial and Resource Sciences, Journal Year: 2024, Volume and Issue: 17(1)

Published: Oct. 16, 2024

Abstract This study uses the novel Fourier-augmented ARDL (FARDL) to explore impact of renewable energy (REN), number patent applications (PA) and GDP per capita on CO 2 emissions in Finland during 1990–2022. The findings reveal that long run, rises emissions, while REN PA decrease emissions. FARDL short-run results indicate both have a significant negative suggesting higher adoption technological innovation contribute emission reductions. However, does not show effect short which may decoupling economic growth from environmental degradation term. Furthermore, highlights need for policies promote increased investment achieve sustainable carbon reduction

Language: Английский

---

The triple threat: unpacking the interplay between inflation, government expenditure, energy efficiency, and environmental pollution

Environmental Science and Pollution Research, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 2, 2025

Language: Английский

---