An outlook at the switch to renewable energy in emerging economies: The beneficial effect of technological innovation and green finance

Energy Policy, Journal Year: 2024, Volume and Issue: 187, P. 114025 - 114025

Published: Feb. 27, 2024

Language: Английский

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Nexus between Green Investment, Fiscal Policy, Environmental Tax, Energy Price, Natural Resources, and Clean Energy—A Step towards Sustainable Development by Fostering Clean Energy Inclusion

Sustainability, Journal Year: 2023, Volume and Issue: 15(18), P. 13591 - 13591

Published: Sept. 12, 2023

This study aims to examine the relationship between green investment (GI), fiscal policy (FP), environmental tax (ET), energy price (EP), natural resource rent (NRR), and consumption of clean (CE) promote sustainable development in Cambodia for period 1990–2021. The implemented linear nonlinear frameworks document explanatory variables’ potential effects on long short run. research findings demonstrate a robust favorable connection GI, FP, ET CE, both term term. An augmentation GI results establishment growth utilization renewable energy, thereby underscoring significance initiatives advancing technologies. Fiscal policies, encompassing incentives subsidies, exert substantial enduring influence expanding sources. Implementing taxes catalyzes demand significantly preserving environment promoting practices. Furthermore, illuminates inverse correlation oil prices REC. Adopting sources may face obstacles form elevated prices, as conventional maintain cost advantage. On contrary, decreased incentivize transitioning towards using energy. Countries that heavily depend export resources display reduced inclination invest commonly called “resource curse” phenomenon. provides valuable insights into intricate interplay multiple factors contribute development. Policymakers, businesses, researchers can employ these develop productive strategies advance inclusion tackle challenges, cultivate more environmentally friendly future.

Language: Английский

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Do Environmental Taxes Affect Carbon Dioxide Emissions in OECD Countries? Evidence from the Dynamic Panel Threshold Model

Systems, Journal Year: 2023, Volume and Issue: 11(6), P. 307 - 307

Published: June 14, 2023

The latest decades have been marked by rapid climate change and global warming due to the release of greenhouse gas emissions into atmosphere. Environmental taxes emerged as a cost-effective way tackle environmental degradation. However, effectiveness in reducing pollution remains topic ongoing debate. purpose this paper is examine empirically effects various tax categories (energy, pollution, resource transport) on CO2 34 OECD countries between 1995 2019. dynamic panel threshold regression developed Seo Shin (2016) implemented assess whether impact depends given level. locally weighted scatterplot smoothing analysis provides evidence for nonlinear association emissions. indicates existence one significant two regimes (lower upper) all categories. reveals that total tax, energy reduce upper regime, i.e., once level reached. levels are 3.002% GDP 1.991% 0.377% tax. Furthermore, implementing utilization may be effective but with limited effects. Based research results, it recommended implement specific

Language: Английский

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Environmental quality and sustainability: exploring the role of environmental taxes, environment-related technologies, and R&D expenditure

Environmental Economics and Policy Studies, Journal Year: 2023, Volume and Issue: 26(2), P. 449 - 477

Published: Dec. 28, 2023

Language: Английский

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The synergistic roles of green openness and economic complexity in environmental sustainability of Europe's largest economy: Implications for technology-intensive and environmentally friendly products

Environmental Impact Assessment Review, Journal Year: 2023, Volume and Issue: 102, P. 107220 - 107220

Published: July 21, 2023

Language: Английский

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Fintech, green imports, technology, and FDI inflow: their role in CO2 emissions reduction and the path to COP26: a comparative analysis of China

Environmental Science and Pollution Research, Journal Year: 2024, Volume and Issue: 31(7), P. 10508 - 10520

Published: Jan. 10, 2024

Language: Английский

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Greening the Future: Harnessing ICT, Innovation, Eco-Taxes, and Clean Energy for Sustainable Ecology—Insights from Dynamic Seemingly Unrelated Regression, Continuously Updated Fully Modified, and Continuously Updated Bias-Corrected Models

Sustainability, Journal Year: 2023, Volume and Issue: 15(23), P. 16417 - 16417

Published: Nov. 29, 2023

This research endeavors to investigate the impacts of information and communication technology, green technological innovation, environmental tax on attainment ecological sustainability with advanced panel date estimation for 2001–2019. The results this study demonstrate a noteworthy inverse relationship between technology footprint, suggesting that progress in ICT has potential yield positive consequences terms restoration promotion sustainability. Furthermore, underscores significance GTI mitigating carbon emissions effectively addressing challenges. findings indicate incorporation environmentally sustainable can favorable make significant contributions towards worldwide climate targets. Nevertheless, highlights importance considering rebound effects. It imperative ongoing implementation comprehensive policies within realm technology. Moreover, present elucidates ramifications GF sustainability, underscoring its pivotal contribution curtailing emissions, augmenting benchmarks, facilitating footprint. Enhancing utilization finance, making adjustments national regulatory frameworks, achieving harmonization public financial incentives bolster development are important. Additionally, posits ET catalyze businesses individuals embrace friendly energy sources practices, thereby fostering outcomes environment. offers insights into advancing emphasizes need collaborative among academia, industry, government cultivate supportive ecosystem development.

Language: Английский

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The role of ICT investment, digital financial inclusion, and environmental tax in promoting sustainable energy development in the MENA region: Evidences with Dynamic Common Correlated Effects (DCE) and instrumental variable-adjusted DCE

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(5), P. e0301838 - e0301838

Published: May 6, 2024

His research investigates the interplay among investment in Information and Communication Technology [ICT], digital financial inclusion, environmental tax policies, their impact on progression of sustainable energy development within Middle East North Africa [MENA] region. Recognizing distinctive hurdles impeding advancement, effective policy formulation implementation MENA necessitate a comprehensive understanding these variables. Employing Dynamic Common Correlated Effects [DCE] model alongside an instrumental variable-adjusted DCE approach, this study explores relationship between ICT investment, tax, development. The facilitates analysis dynamic effects potential correlations, while addresses issues pertaining to endogeneity. results indicate that both promotion inclusion significantly positively Additionally, underscores importance fostering highlighting critical role interventions. Based findings, governmental prioritization initiatives for service integration is recommended bolster growth MENA. Furthermore, adoption efficient measures essential incentivize practices mitigate degradation. These recommendations aim create conducive environment region, contributing economic prosperity conservation.

Language: Английский

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Environmental tax and energy poverty: An economic approach for an environmental and social solution

Energy, Journal Year: 2024, Volume and Issue: 308, P. 132935 - 132935

Published: Aug. 28, 2024

Language: Английский

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The impacts of forest resources, green investment, healthcare, and education on environmental pollution: China Carbon neutrality program

Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 467, P. 143038 - 143038

Published: June 27, 2024

Language: Английский

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