Moving toward environmental mitigation in Algeria: Asymmetric impact of fossil fuel energy, renewable energy and technological innovation on CO2 emissions

Energy Strategy Reviews, Journal Year: 2023, Volume and Issue: 51, P. 101281 - 101281

Published: Dec. 12, 2023

Algeria's recent economic shifts have caused its macroeconomic data to exhibit an abnormal distribution, requiring a nonlinear approach examine the asymmetric impact of technological innovation (TI), fossil fuel energy (FFE), and renewable (RE) on CO2 emissions. This study employs autoregressive distributed lag (NARDL) model analyze these factors Furthermore, Quantile Autoregressive Distributed Lag (QARDL) Granger Causality (QGC) approaches are employed for robustness checks. The NARDL results indicate that positive shocks in TI decrease emissions, whereas negative increase Positive RE also while no effect. In contrast, FFE but even stronger effect, resulting almost double emissions over time. These findings confirm presence asymmetry, as regressors clearly influence Algeria. Moreover, from causality analysis TI, RE, causal effect consistent with QARDL QGC approaches. Therefore, it is crucial Algeria prioritize investment sustainable technology implement carbon-neutral policies reduce reliance encourage use cleaner sources. shift towards green sector requires policymakers ensure aligns development objectives.

Language: Английский

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The dampening effect of geopolitical risk and economic policy uncertainty in the linkage between economic complexity and environmental degradation in the G-20

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 351, P. 119679 - 119679

Published: Dec. 1, 2023

Language: Английский

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A comparative review of global environmental policies for promoting sustainable development and economic growth

International Journal of Applied Research in Social Sciences, Journal Year: 2024, Volume and Issue: 6(5), P. 954 - 977

Published: May 21, 2024

This study systematically reviews and analyzes the interplay between environmental policies, sustainable development, economic growth, with a focus on role of technological innovation international cooperation. Employing combination systematic literature review content analysis, research scrutinizes peer-reviewed articles, policy documents, reports from 2014 to 2024. The methodology encompasses structured search strategy across major databases, applying specific inclusion exclusion criteria ensure relevance comprehensiveness reviewed. Key findings reveal that both regulatory market-based policies significantly impact development growth. Technological emerges as pivotal driver for achieving sustainability goals, while agreements cooperation play crucial in addressing global challenges. identifies gaps inefficiencies current particularly integrating objectives goals. concludes enhancing synergy growth necessitates multifaceted approach, incorporating advancements, fostering partnerships, adopting integrated frameworks. Strategic recommendations policymakers stakeholders emphasize importance investing green technologies, strengthening agreements, promoting balance protection. contributes valuable insights into advancing through effective highlighting need an approach prosperity. Keywords: Environmental Policies, Sustainable Development, Innovation, International Cooperation.

Language: Английский

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Investigating the relationships among green technologies, financial development and ecological footprint levels in Algeria: Evidence from a novel Fourier ARDL approach

Sustainable Cities and Society, Journal Year: 2024, Volume and Issue: 112, P. 105621 - 105621

Published: June 25, 2024

Many recent initiatives have been introduced to enhance ecological sustainability by minimizing countries' footprints (EF). The focus has on achieving environmental footprint neutrality through the application of green technologies (GT) and financial development (FD) in facilitating this transition. To determine contribution these variables sustainability, study investigated effects GT FD EF Algeria from Q1/1990 Q4/2021. Additionally, research examines moderating role with EF. achieve objectives, advanced Fourier autoregressive distributed lag techniques causality test were employed. findings reveal that increases EF, leading degradation. Conversely, reduces long run, demonstrating its potential foster sustainability. Notably, highlights significant FD-EF relationship. This underscores critical mitigating adverse creative lowering Therefore, recommends integrates long-term reduction harm. In conclusion, needs hasten combination stronger mitigate impacts without compromising sustainable economic growth.

Language: Английский

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How does new energy demonstration city pilot policy affect carbon dioxide emissions? Evidence from a quasi-natural experiment in China

Environmental Research, Journal Year: 2023, Volume and Issue: 244, P. 117912 - 117912

Published: Dec. 13, 2023

Language: Английский

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Achieving net-zero emission target in Africa: Are sustainable energy innovations and financialization crucial for environmental sustainability of sub-Saharan African state?

Applied Energy, Journal Year: 2024, Volume and Issue: 364, P. 123120 - 123120

Published: April 6, 2024

Following the rising importance of energy transition in environmental sustainability discussion, it is imperative to understand roles sustainable innovations and financialization reach informed inferences for policy formulation. We examined quality performance Sub-Sahara Africa using case resource-rich Ghanaian state vis-à-vis possible moderating influence green financial development. The empirical analysis encompassed various estimation issues, including structural breaks, heteroscedasticity, normality data structure. simulated with dynamic autoregressive-distributed lag technique confirmed that financialization, resource rents, economic growth are significant positive determinants pollutant emissions. However, decrease rate pollution nation. Moreover, interaction between development improves ecological quality, while natural resources spurs ecosystem. Furthermore, causal connections series indicated unidirectional causalities from innovations, interactive terms rents bi-directionally related pollution. Hence, study essentially suggests net-zero emission agenda Paris Accord achievable higher investments harnessing benefits international flows boost capacity Sub-Saharan Ghanian economy.

Language: Английский

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Role of economy, technology, and renewable energy toward carbon neutrality in China

Journal of Economy and Technology, Journal Year: 2024, Volume and Issue: 2, P. 138 - 154

Published: April 25, 2024

The goal of the research project is to look at influence economy, technology, and renewable energy on China's ecological damage. A number methods, such as ARDL bound test for cointegration, DOLS, FMOLS, CCR, were utilized how explanatory variables changed that affected dependent variable. DOLS estimate results show a significant positive extended connection between economic growth CO2 generations. 1% increase in expansion 0.51% rise emissions. use has strong destructive association with emissions carbon dioxide are expected decline by 0.03% over long run every upsurge green use. Moreover, technological innovation substantial adverse long-term effect, resulting 0.08% decrease reliability findings confirmed using several estimators, FMOLS CCR. paired Granger causality was used determine causal link among various factors. study recommends implementing regulatory measures support carbon-free boosting consumption clean energy, investing developments lower achieve neutrality China.

Language: Английский

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Carbon and financial performance nexus of the heavily polluting companies in the context of resource management during COVID-19 period

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104514 - 104514

Published: Jan. 1, 2024

The depletion of fossil fuels and the new EU climate policy goals to achieve a zero-emission economy after 2050 encourage highly polluting companies increase efficiency energy conversion from non-renewable sources, develop renewable sources implement resource management systems in production. Studying relationship between environmental performance financial firms is particularly important times Covid-19 pandemic, as companies' decisions limit or continue green investments low-emission transformation may impact access external financing sources. aim this study identify shape carbon results heavily enterprises context assess pandemic on considered relationship. For panel sample Polish representing industries with manufacturing plants covered by ETS 2009–2021, third-degree polynomial describing was estimated. A U-shaped identified emission intensity return sales assets, which can be explained 'too-little-of-a-good-thing' effect. Increase share production structure significantly reduces firms' profitability, relatively high costs associated development changing legal regulations regarding type investment. It has been shown that achieved lower profits assets compared during pandemic. scale allocation free allowances previous years, combined allowance prices under influence shocks generated had negative profitability companies. modelling provide information managers who, based them, make more informed use natural resources involvement aimed at cleaner technologies energy.

Language: Английский

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Environmental sustainability and green logistics: Evidence from BRICS and Gulf countries by cross‐sectionally augmented autoregressive distributed lag (CS‐ARDL) approach

Sustainable Development, Journal Year: 2024, Volume and Issue: 32(4), P. 3753 - 3770

Published: Jan. 2, 2024

Abstract The logistics sector plays a crucial role in supporting various aspects of the economy, making it an essential part nation's development. However, this also contributes to environmental pollution through emissions. adoption environmentally friendly practices presents promising solution mitigate adverse impacts. This study aims investigate influence economic growth, green innovation, foreign direct investment, transport emissions, renewable energy, and trade openness on both Brazil, Russia, India, China, South Africa (BRICS) Gulf countries from 1992 2020. used advanced panel approach obtain robust results, considering cross‐sectional dependency slope heterogeneity. cross‐sectionally augmented autoregressive distributed lag method was employed analyze long short‐run estimations. Our findings reveal that countries, emissions investment have negative impact logistics. In BRICS openness, innovation positive proposes several recommendations improve development groups nations promote sustainability. To achieve carbon neutrality, is important adopt logistics, investments, support sustainable growth.

Language: Английский

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Environmental Sustainability in BRICS Economies: The Nexus of Technology Innovation, Economic Growth, Financial Development, and Renewable Energy Consumption

Sustainability, Journal Year: 2024, Volume and Issue: 16(16), P. 6934 - 6934

Published: Aug. 13, 2024

The long-term development goals of most countries face significant challenges in reducing emissions, improving environmental sustainability, and mitigating the negative effects climate change. This study looks at how ecological sustainability BRICS is affected by economic growth, financial development, new technologies, renewable energy consumption with mediating effect trade openness. covers years 2004–2023, it was based on fixed-effect models that use static panel data. Data were collected from World Development Indicators website. time frame for this selected basis data availability. These findings show sources, technological innovation, all have a positive impact sustainability. Nevertheless, significantly negatively impacted growth. Furthermore, openness functions as mediator between them. Based empirical evidence, paper suggests nations seek sustainable development. Moreover, government agencies need to accurately evaluate connection emission reduction when formulating programs cut emissions.

Language: Английский

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