Does improving economic efficiency reduce ecological footprint? The role of financial development, renewable energy, and industrialization DOI

Qiang Wang,

Yunfei Ge,

Rongrong Li

et al.

Energy & Environment, Journal Year: 2023, Volume and Issue: unknown

Published: July 4, 2023

With the ongoing expansion of global economic activities, environmental degradation has emerged as a progressively severe challenge. The Sustainable Development Goals are significantly impacted by this issue, making it essential to establish symbiotic relationship between development and protection. In context, an investigation into efforts OECD promote ecological protection assumes critical role, given its prominent position leading cooperation organization. Therefore, we examine efficiency, financial development, renewable energy, industrialization, footprint in 36 countries from 1995 2018. An empirical analysis employing fully modified Ordinary Least Square technique reveals inverted U-shaped curve efficiency footprint, supporting Kuznets (EKC) hypothesis countries. Moreover, research that industrialization exacerbate damage, while advancement energy plays pivotal role controlling fostering conservation. Furthermore, introducing interaction terms, find weaken positive effect on reinforces it. Finally, findings Dumitrescu-Hurlin panel causality show causal all three variables, namely consumption, is bidirectional. contrast, degree unidirectional. These provide practical policy recommendations for sustainable offers valuable insights lessons can inform formulation relevant policies other regions. Overall, study not only innovatively enriches theoretical content EKC perspective but also important guidance significance.

Language: Английский

A review of the global climate change impacts, adaptation, and sustainable mitigation measures DOI Open Access

Kashif Abbass,

Muhammad Qasim, Huaming Song

et al.

Environmental Science and Pollution Research, Journal Year: 2022, Volume and Issue: 29(28), P. 42539 - 42559

Published: April 4, 2022

Language: Английский

Citations

1303

Environmental concern in the era of industrialization: Can financial development, renewable energy and natural resources alleviate some load? DOI
Muhammad Usman, Daniel Balsalobre‐Lorente

Energy Policy, Journal Year: 2022, Volume and Issue: 162, P. 112780 - 112780

Published: Jan. 14, 2022

Language: Английский

Citations

407

Dynamic association between ICT, renewable energy, economic complexity and ecological footprint: Is there any difference between E-7 (developing) and G-7 (developed) countries? DOI
Yongming Huang,

Mohammad Haseeb,

Muhammad Usman

et al.

Technology in Society, Journal Year: 2022, Volume and Issue: 68, P. 101853 - 101853

Published: Jan. 7, 2022

Language: Английский

Citations

277

The impact of climate policy uncertainty on renewable and non-renewable energy demand in the United States DOI Creative Commons
Yunfeng Shang,

Han Ding,

Giray Gözgör

et al.

Renewable Energy, Journal Year: 2022, Volume and Issue: 197, P. 654 - 667

Published: Aug. 7, 2022

This paper evaluates the impact of climate policy uncertainty on renewable and non-renewable energy consumption in United States over quarterly data from 2000Q1 to 2021Q3. Economic growth crude oil prices are added functions as control variables. The considers several approaches model both demand. It is found that promote demand reduces it. Surprisingly, economic positive but insignificant. also observed promotes demand, reduce Furthermore, positively affects long run. Some implications provided for reducing promoting use through implementation.

Language: Английский

Citations

218

Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure DOI Open Access

Franley Mngumi,

Shaorong Sun,

Faluk Shair

et al.

Environmental Science and Pollution Research, Journal Year: 2022, Volume and Issue: 29(39), P. 59287 - 59299

Published: April 6, 2022

Language: Английский

Citations

191

Do technology and renewable energy contribute to energy efficiency and carbon neutrality? Evidence from top ten manufacturing countries DOI
Atif Jahanger, İlhan Öztürk, Joshua Chukwuma Onwe

et al.

Sustainable Energy Technologies and Assessments, Journal Year: 2023, Volume and Issue: 56, P. 103084 - 103084

Published: Feb. 20, 2023

Language: Английский

Citations

183

Role of financial inclusion, green innovation, and energy efficiency for environmental performance? Evidence from developed and emerging economies in the lens of sustainable development DOI

Anu,

Amit Singh, Syed Ali Raza

et al.

Structural Change and Economic Dynamics, Journal Year: 2022, Volume and Issue: 64, P. 213 - 224

Published: Dec. 12, 2022

Language: Английский

Citations

170

Investment in renewable energy resources, sustainable financial inclusion and energy efficiency: A case of US economy DOI
Huangxin Chen, Yi Shi, Xin Zhao

et al.

Resources Policy, Journal Year: 2022, Volume and Issue: 77, P. 102680 - 102680

Published: April 3, 2022

Language: Английский

Citations

152

Towards achieving eco-efficiency in top 10 polluted countries: The role of green technology and natural resource rents DOI
Fu Chen, Shoaib Ahmad,

Salman Arshad

et al.

Gondwana Research, Journal Year: 2022, Volume and Issue: 110, P. 114 - 127

Published: June 22, 2022

Language: Английский

Citations

142

Going away or going green in NAFTA nations? Linking natural resources, energy utilization, and environmental sustainability through the lens of the EKC hypothesis DOI
Atif Jahanger, Yang Yu, Mohammad Razib Hossain

et al.

Resources Policy, Journal Year: 2022, Volume and Issue: 79, P. 103091 - 103091

Published: Nov. 3, 2022

Language: Английский

Citations

137