Can green resource productivity, renewable energy, and economic globalization drive the pursuit of carbon neutrality in the top energy transition economies?

International Journal of Sustainable Development & World Ecology, Journal Year: 2023, Volume and Issue: 30(7), P. 745 - 759

Published: April 2, 2023

ABSTRACTThis research explores the role of green resource productivity, renewable energy, economic globalization, and growth towards advancing pursuits decarbonization in top energy transition economies. This study achieves this objective by adopting both asymmetric symmetric econometric methods for period between 1990 2021. adopted Method Moments Quantile Regression (MMQR) to uncover effect regressors on carbon emissions. The MMQR results suggest that all quantiles, globalization mitigate CO2 emissions, while induces Additionally, robustness analysis, we disaggregated into trade financial investigated their roles achieving decarbonization. We uncovered mitigates emissions at but lower middle Moreover, estimation, following estimators: Fixed Ordinary Least Square, Fully Modified Dynamic Square estimators were employed study. Their outcome corroborated findings MMQR. For Granger causality inference, suggests there is a bi-directional Furthermore, find feedback association one-way causal interconnection detected from globalization. flowing Finally, an unidirectional interaction Consequently, research's provide applicable policy.KEYWORDS: Energy transitionDecarbonizationeconomic yresources productivitygreen resources productivityfinancial globalizationRenewable Disclosure statementNo potential conflict interest was reported authors.Availability dataData readily available request corresponding author.Authors ContributionAll authors contributed equally final manuscript.Ethical ApprovalAll ethical practices standards have been observed during writing study.Additional informationFundingThere no specific support provided

Language: Английский

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Unleashing the asymmetric effect of natural resources abundance on carbon emissions in regional comprehensive economic partnership: What role do economic globalization and disaggregating energy play?

Resources Policy, Journal Year: 2023, Volume and Issue: 85, P. 103914 - 103914

Published: July 19, 2023

Language: Английский

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The Driving Factors of Italy’s CO2 Emissions Based on the STIRPAT Model: ARDL, FMOLS, DOLS, and CCR Approaches

Energies, Journal Year: 2023, Volume and Issue: 16(15), P. 5845 - 5845

Published: Aug. 7, 2023

As the sustainability of environment is a very much concerning issue for developed countries, drive paper to reveal effects nuclear, environment-friendly, and non-friendly energy, population, GDP on CO2 emission Italy, country. Using extended Stochastic Regression Population, Affluence, Technology (STIRPAT) framework, yearly data from 1972 2021 are analyzed in this through an Autoregressive Distributed Lag (ARDL) framework. The reliability study also examined by employing Fully Modified Ordinary Least Square (FMOLS), Dynamic (DOLS), Canonical Cointegration (CCR) estimators Granger causality method which used see directional relationship among indicators. investigation confirms findings previous studies showing that longer period, rising Italian non-green energy 1% can lead higher emissions 8.08% 1.505%, respectively, while alternative nuclear falling 0.624%. Although population green adversely influence upsurge CO2, they seem insignificant. Robustness tests confirm these longer-period impacts. This analysis may be helpful planning developing strategies future financial funding sector essential if country achieve its goals sustainable development.

Language: Английский

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Formulating sustainable development policy for a developed nation: exploring the role of renewable energy, natural gas efficiency and oil efficiency towards decarbonization

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

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Asymmetric impact of renewable electricity consumption and industrialization on environmental sustainability: Evidence through the lens of load capacity factor

Renewable Energy, Journal Year: 2023, Volume and Issue: 212, P. 514 - 522

Published: May 17, 2023

Language: Английский

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The asymmetric role of natural resources, fintech and green innovations in the Chinese economy. Evidence from QARDL approach

Resources Policy, Journal Year: 2024, Volume and Issue: 90, P. 104731 - 104731

Published: Feb. 7, 2024

Language: Английский

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Fresh evidence of the impact of economic complexity, health expenditure, natural resources, plastic consumption, and renewable energy in air pollution deaths in the USA? An empirical approach

The Science of The Total Environment, Journal Year: 2024, Volume and Issue: 921, P. 171127 - 171127

Published: Feb. 20, 2024

Most plastic waste generated from consumption cannot be recycled and is destroyed by burning. As a result of burning plastics, microplastics spread into the atmosphere, increasing air pollution. Respiratory diseases chronic health problems are caused Approximately 7 million people die each year due to pollution-related ailments. Therefore, it crucial provide empirical evidence rather than approximate estimates role in deaths. Also, understanding causes deaths demonstrating policies' effectiveness will valuable insights for policymakers, international community, researchers. This study investigates effects consumption, expenditures, natural resources, economic complexity, renewable energy on pollution USA 1995 2019 using novel Fourier Augmented ARDL method. The findings show that complexity increase deaths, while decreases it. Such imply an essential determinant mortality, policy must reconsidered, efficient use resources important sophisticated structures do not always produce desired results. Overall, policymakers should review policies reduce take measures support green growth tools.

Language: Английский

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Renewable Energy Integration for Sustainable Economic Growth: Insights and Challenges via Bibliometric Analysis

Sustainability, Journal Year: 2023, Volume and Issue: 15(20), P. 15030 - 15030

Published: Oct. 18, 2023

This study investigates trends in research at the intersection of economic growth and renewable energy, recognizing pressing need for sustainable long-term development. Through a comprehensive bibliometric analysis 6794 papers sourced from Web Science database spanning period 1990 to June 2023, this provides valuable insights into evolving landscape. It sheds light on seminal works, noteworthy authors, emerging themes within interdisciplinary field. The findings underscore critical importance harnessing energy sources pursuit enduring growth. Beyond well-documented environmental benefits, plays pivotal role catalyzing green transformation. transformation not only mitigates adverse ecological impacts, but also fosters job creation, local community development, enhanced security. Moreover, our uncovers compelling positive correlation between adoption key indicators, including Gross Domestic Product (GDP) growth, industrial productivity, technological innovation. is particularly pronounced regions endowed with abundant resources, reaffirming potential stimulate investment, propel expansion, promote equitable serves as roadmap toward more resilient future by advocating integration advancement formulation effective strategies. gleaned are instrumental guiding policymakers, researchers, stakeholders realization greener prosperous world.

Language: Английский

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What are the causal conditions that lead to high or low environmental performance? A worldwide assessment

Environmental Impact Assessment Review, Journal Year: 2023, Volume and Issue: 104, P. 107342 - 107342

Published: Nov. 7, 2023

This study focuses on causal conditions that lead to high or low environmental performance (EPI) using fuzzy-set qualitative comparative analysis for 156 countries in 2018. Data the EPI, economic growth, labor share of GDP, political freedom, role women, press corruption, and urbanization were used. Research findings allow us conclude no individual condition meets necessary (thresholds) EPI. Five sufficient configurations EPI found: (i) GDP per capita is EPI; (ii) highly urbanized where corruption absent; (iii) protect rights liberties women's opportunities; (iv) coupled with protection freedom rights; (v) absent. Four (vi) lack (vii) freedom; (viii) rates, as a peripheral condition; (ix) rates condition. Policymakers must acknowledge there are many paths improve performance, contingent country's initial development level.

Language: Английский

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Asymmetric effects of high-tech industry and presence of pollution-haven hypothesis in APEC countries: fresh evidence with panel quantile regression

Clean Technologies and Environmental Policy, Journal Year: 2024, Volume and Issue: 26(8), P. 2643 - 2660

Published: Jan. 4, 2024

Language: Английский

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