Does economic policy uncertainty, energy transition and ecological innovation affect environmental degradation in the United States?

Economic Research-Ekonomska Istraživanja, Journal Year: 2023, Volume and Issue: 36(2)

Published: March 6, 2023

Climate change traps heat, affecting a variety of species in already dry areas. Severe storms, earthquakes, plagues, and food delivery problems are all exacerbated by climate caused emissions greenhouse gases. The United States, the world's largest economy second-largest carbon emitter is expertly planning to reduce its environmental difficulties help accomplishment Nations Sustainable Development Goals (SDGs) 7 13. Given that, study explores renewable energy transition, ecological innovation, economic policy uncertainty, globalization from 1990 2019 using novel econometric approaches augmented ARDL gradual shift causality. results show that variables cointegrated, particularly long short term; transition uncertainty emissions, while innovation contributes long-run depletion CO2 emission. Globalization significantly accelerates term. Furthermore, causation reveals unidirectional, but bidirectional. Finally, conclusion implies transitioning fossil energy, adequate use technology, efficient management uncertainties may contribute States meeting SDGs

Language: Английский

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Energy efficiency and carbon neutrality target in India: a wavelet quantile correlation perspective

International Journal of Sustainable Energy, Journal Year: 2023, Volume and Issue: 42(1), P. 759 - 775

Published: July 11, 2023

The overwhelming effects of climate change on the living environments has prompted several countries, including India into rolling out different carbon neutrality agenda. On this background, study activated policy framework towards attainment India's 2070 net-zero emission target via energy efficiency. roles green-technology, affluence and population were also rectified. With quarterly series spanning 1997Q1–2021Q4 estimates novel wavelet quantile correlation technique, following insights sufficed. Energy-intensity generated significant de-escalation mainly in medium long term. There evidence long-term asymmetric between them. Carbon intensity as well green technology aggravated emissions both short term, however, over they effects. empirical validated environmental Kuznets curve (EKC) ideology given quality enhancing attributes GDP. represents a major challenge for target. But can be curtailed through adequate orientations prescribed LiFE progrmme. Among other considerations, is realisable if country extends its low-carbon profiles deploy more technologies.

Language: Английский

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How Can SDG‐13 Be Achieved by Energy, Environment, and Economy‐Related Policies? Evidence From Five Leading Emerging Countries

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

Published: Feb. 20, 2025

ABSTRACT The adverse effects of climate change on humanity have been escalating due to environmental degradation. Consequently, nations compelled implement measures address climate‐related challenges. Within this framework, traditional and recently acknowledged factors play a pivotal role in achieving SDGs, particularly SDG‐13. This study empirically examines the influence newly recognized factors, such as energy transition index (ETI) policy stringency (EPS), alongside like gross domestic product (GDP), renewable use (REU), foreign direct investments (FDI), environment, measured through ecological footprint load capacity factor. Focusing leading emerging economies—excluding Indonesia Mexico data limitations—the utilizes from 2000 2020 applies kernel‐based regularized least squares (KRLS) approach under marginal effect framework explore nexus. findings indicate that (i) GDP FDI do not exhibit environmentally friendly characteristics across examined countries; (ii) REU contributes preservation only Brazil; (iii) ETI EPS significantly enhance quality any countries studied; (iv) KRLS demonstrates high predictive accuracy, 99.6% success rate various models. Overall, research highlights differential these which vary by factor, percentile, country. Based empirical evidence, discusses implications for five economies effectively pursue SDG‐13 leveraging identified factors.

Language: Английский

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Evaluating the nexus between energy transition and load capacity factor in Germany: evidence from novel quantile-based approaches

International Journal of Sustainable Development & World Ecology, Journal Year: 2024, Volume and Issue: 31(6), P. 707 - 725

Published: March 12, 2024

This study attempts to investigate how Germany's energy transition has affected environmental quality by considering natural resources, economic growth, financial development, and globalization for the period from 1980 2021. It is also aimed discover that interactions alter with different levels of load capacity factor explanatory variables using novel quantile-based approaches. Thanks unique approaches utilized, efficacy process can be determined quantiles time periods. The results reveal although development enhance quality, growth increasing resource rents harms environment. In addition, increase in all a positive effect on capacity. impact weak high low but it becomes more pronounced middle Our offers various policy recommendations short- long-term low-level effectiveness Germany.

Language: Английский

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The Impacts of Climate Change, Carbon Dioxide Emissions (CO2) and Renewable Energy Consumption on Agricultural Economic Growth in South Africa: ARDL Approach

Sustainability, Journal Year: 2022, Volume and Issue: 14(24), P. 16468 - 16468

Published: Dec. 8, 2022

One of the most affected economies by climate change is agricultural sector. Climate measured temperature and precipitation has an impact on output, which in turn affects economy It anticipated that using renewable energy will lower carbon emissions are directly related to change. The main objective this study was evaluate dioxide (CO2), usage, South Africa’s sector from 1972 2021. nexus estimated Auto Regressive-Distributed Lag (ARDL) Bounds test econometric technique. In short run, findings indicated reduces economic growth increase as increases. use insignificant long run. Carbon granger causes unilateral. An ARDL analysis performed long-term relationship between growth, change, renew able usage. adds new knowledge effects alongside can be used inform policy Study point prioritization biomass commercialization, rural commercial farming bioenergy regulations socioeconomic imperatives research crucial order promote inclusive participation production energy.

Language: Английский

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Do Energy Resources matter for Growth Level? The dynamic effects of different strategies of renewable energy, carbon emissions on sustainable economic growth

Clean Technologies and Environmental Policy, Journal Year: 2022, Volume and Issue: 25(3), P. 771 - 777

Published: Nov. 30, 2022

Language: Английский

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What role financial inclusion, green trade and natural resources utilization play in ASEAN economic growth: Evidence from post COVID era

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 103884 - 103884

Published: July 13, 2023

Language: Английский

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Economic and institutional determinants of environmental health and sustainability: Spatial and nonlinear effects for a panel of worldwide countries

Oeconomia Copernicana, Journal Year: 2024, Volume and Issue: 15(1), P. 195 - 227

Published: March 30, 2024

Research background: This study identifies the key factors influencing environmental health across a global panel of countries, focusing on protection from hazards, as informed by existing literature, while also shedding light novel aspects these causal relationships. Purpose article: aims to reveal, through comprehensive review relevant underexplored phenomena spatial diffusion and contagion national behaviors nonlinear dynamics between performance its determinants, acknowledging significant diversity in characteristics countries studied. Methods: Spatial analysis econometric methods, including regression alongside dynamic models using threshold techniques, were employed meet study’s objectives. Findings & value added: major finding is that nations shows clustering influenced economic institutional factors. effect arises processes, evidenced analysis. Furthermore, this demonstrates variations behavior can be attributed differing levels development specific internal conditions within countries. Notably, country’s gross domestic product proportion industries economy have substantial practices, establishing distinct impact thresholds. research enriches academic dialogue illustrating, thresholds, less developed an increased industrial share leads degradation. Moreover, influence other examined varied depending category country under review, highlighting nuanced effects variables outcomes.

Language: Английский

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Nexus among green energy consumption, foreign direct investment, green innovation technology, and environmental pollution on economic growth

Environmental Science and Pollution Research, Journal Year: 2022, Volume and Issue: 29(51), P. 76501 - 76513

Published: Sept. 24, 2022

Language: Английский

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The nexus between CO2 intensity of GDP and environmental degradation in South European countries

Environment Development and Sustainability, Journal Year: 2023, Volume and Issue: 26(5), P. 11089 - 11100

Published: April 10, 2023

Language: Английский

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