Consumption‐based CO2 emissions in Denmark: The role of financial stability and energy productivity DOI Open Access

Modupe Oluyemisi Oyebanji,

Derviş Kırıkkaleli, Abraham Ayobamiji Awosusi

et al.

Integrated Environmental Assessment and Management, Journal Year: 2023, Volume and Issue: 19(6), P. 1485 - 1494

Published: March 7, 2023

Climate change can be mitigated and policies catalyzed with the aid of financial institutions. By maintaining strengthening stability, sector's resilience could help mitigate climate-related risks uncertainties. Hence, an empirical investigation on effect stability consumption-based CO2 emissions (CCO2 E) in Denmark is long overdue. This study investigates risk-emissions relationship presence energy productivity, consumption, economic growth Denmark. Furthermore, by adopting asymmetric approach to analyze time series data for period between 1995 2018, this helps bridge major gap literature. nonlinear autoregressive distributed lag (NARDL), we discovered that positive variation causes a reduction CCO2 E, but neutral connection was reported negative shock E. The consumption intensifies E; however, interaction exists has indicating mitigating implication environmental degradation. In addition, productivity enhances quality, while increases light results, suggest some robust other smaller wealthy nations. Moreover, order develop sustainable finance markets, policymakers need mobilize both public private balance needs nation. country must also identify understand potential avenues scaling up financing climate risk. Integr Environ Assess Manag 2023;19:1485-1494. © 2023 SETAC.

Language: Английский

Do green finance and innovation matter for environmental protection? A case of OECD economies DOI
Muhammad Umar, Adnan Safi

Energy Economics, Journal Year: 2023, Volume and Issue: 119, P. 106560 - 106560

Published: Feb. 12, 2023

Language: Английский

Citations

186
Analysing the waste management, industrial and agriculture greenhouse gas emissions of biomass, fossil fuel, and metallic ores utilization in Iceland DOI Creative Commons
Andrew Adewale Alola, Tomiwa Sunday Adebayo

The Science of The Total Environment, Journal Year: 2023, Volume and Issue: 887, P. 164115 - 164115

Published: May 10, 2023

With Iceland's CAP 2020, the country aims significant improvement in state of its environment through reduction greenhouse gas (GHG) emission especially energy production and small industry, waste management, ships ports, land transport, agriculture by 2030. Considering this ambition, study queries whether consumptions domestic materials i.e., DMC (especially metallic ores, biomass, fossil fuels) exhibit differential impact on (i) aggregated emissions GHG, (ii) management WGHG, industrial IGHG, (iv) AGHG during period 1990 to 2019. By using Fourier function approaches, investigation establishes that ores spur but biomass fuel mitigate GHG long run. Additionally, mitigates WGHG respective elasticities 0.04 0.025 While IGHG is significantly reduced with elasticity 0.18 run, are unaffected consumption materials. Moreover, spurs only ∼0.24. The overall evidence shows need for more stringent material use resource circularity stay course 2020 maintain environmental sustainability.

Language: Английский

Citations

99
Can green resource productivity, renewable energy, and economic globalization drive the pursuit of carbon neutrality in the top energy transition economies? DOI
Abraham Ayobamiji Awosusi, Hüseyin Özdeşer, Mehdi Seraj

et al.

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

Citations

68
Which risks drive European natural gas bubbles? Novel evidence from geopolitics and climate DOI
Chi‐Wei Su, Meng Qin,

Hsu‐Ling Chang

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 81, P. 103381 - 103381

Published: Feb. 15, 2023

Language: Английский

Citations

60
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? DOI
Hui Zhou, Abraham Ayobamiji Awosusi, Vishal Dagar

et al.

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

Published: July 19, 2023

Language: Английский

Citations

60
Environmental technology, economic complexity, renewable electricity, environmental taxes and CO2 emissions: Implications for low-carbon future in G-10 bloc DOI Creative Commons
Najia Saqib, Magdalena Rădulescu, Muhammad Usman

et al.

Heliyon, Journal Year: 2023, Volume and Issue: 9(6), P. e16457 - e16457

Published: May 22, 2023

This study investigates the impact of environmental technological innovation, economic complexity, energy productivity, use renewable electricity generation, and taxes on carbon dioxide (CO2) emissions in G-10 countries for timeframe from 1995 to 2020. The purpose is examine need a clear plan or strategy achieve objectives countries. In both short-term long-term projections, increased environment-based technology, generation has major positive emission reduction. Moreover, results demonstrate unidirectional bidirectional causality energy, electrical technologies, respectively. Based results, proposes number concrete policies, such as updating modernized tax systems, increasing collection, providing individuals with means finance Sustainable Development Goals through incentive regulations, making grants international organizations private sector available investments toward (SDGs) neutrality environment targets. study's most significant contribution order attain sustainable low-carbon future countries, which policy implications governments policymakers.

Language: Английский

Citations

52
Formulating sustainable development policy for a developed nation: exploring the role of renewable energy, natural gas efficiency and oil efficiency towards decarbonization DOI
Muhammad Khalid Anser, Khatib Ahmad Khan, Muhammad Umar

et al.

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

Citations

52
Effects of climate policy uncertainty on sustainable investment: a dynamic analysis for the U.S DOI
Godwin Olasehinde‐Williams, Oktay Özkan, Seyi Saint Akadırı

et al.

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(19), P. 55326 - 55339

Published: March 9, 2023

Language: Английский

Citations

49
Asymmetric impact of renewable electricity consumption and industrialization on environmental sustainability: Evidence through the lens of load capacity factor DOI

Guangzhu Jin,

Zhenhui Huang

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

Published: May 17, 2023

Language: Английский

Citations

43
Strategy towards sustainable energy transition: The effect of environmental governance, economic complexity and geopolitics DOI Creative Commons
Satar Bakhsh, Wei Zhang, Kishwar Ali

et al.

Energy Strategy Reviews, Journal Year: 2024, Volume and Issue: 52, P. 101330 - 101330

Published: Feb. 28, 2024

The Paris Agreement and COP27 have been actively working towards a transition to clean energy (SDG-7) the restoration of green environment (SDG-13). Therefore, this study was situated within comprehensive policy framework. This aims investigate effects environmental governance economic complexity on in 20 OECD countries selected for analysis from 1990 2021. employs novel MMQR model account slope heterogeneity cross-sectional dependency. Additionally, an asymmetric conducted examine mediating moderating roles geopolitical risk relationship between governance, complexity, transition. primary findings indicate that (1) stimulating effect at different levels quantiles. Strict policies played critical role energy. Furthermore, interaction factors negatively impacts various quantiles; (2) demonstrates positive association with transition, as high possess necessary resources, capabilities, resilience effectively address challenges seize opportunities associated transitioning cleaner more sustainable sources. However, geopolitics transforms influence into negative nonparametric panel Granger causality test establishes significant causal relationship, revealing can support by creating favorable adoption, fostering innovation, facilitating effective planning implementation, enhancing resilience, promoting international collaboration.

Language: Английский

Citations

43