Sustainability, Journal Year: 2025, Volume and Issue: 17(5), P. 1867 - 1867

Published: Feb. 22, 2025

The United States is exposed to the threats of massive carbon dioxide (CO2) emissions generated by non-renewable energy in reaching environmental sustainability. With wavelet-based quantile-on-quantile approach, this paper delves into impact most typical fossil fuel, oil, on CO2 from a price perspective. results highlight that oil mixed blessing for fostering sustainability short–medium run. Mainly, are more susceptible positively responding bullish market medium term. Nevertheless, it also reveals underlying negative relationship rooted long endorsed theoretical mechanisms between prices and emissions, which indicate role high driving long-term mitigation Therefore, industries should resist temptation indulge heavily short- medium-term hikes instead prudently reacting signal. Moreover, under ambitions, strategy expanding investment green technologies innovation reduce dependence cannot be shelved.

Language: Английский