The dynamic impact of non-renewable and renewable energy on carbon dioxide emissions and ecological footprint in Indonesia

Carbon Research, Journal Year: 2024, Volume and Issue: 3(1)

Published: April 16, 2024

Abstract The global trend of environmental degradation, marked by escalating carbon dioxide (CO 2 ) emissions and expanding ecological footprints, poses a significant risk to the planet leads warming. This decline in environment is primarily attributed extensive use non-renewable energy sources substantial economic activities. study investigates dynamic impact (coal, gas, oil), renewable energy, growth, capital formation on CO footprint Indonesia spanning from 1965–2022. Employing Fully Modified Ordinary Least Squares (FMOLS), (DOLS), robustness test with Canonical Cointegrating Regression (CCR) techniques, we seek establish long-term associations among studied variables. Preliminary findings, supported our primary models, reveal that every increase coal gas directly results higher but does not affect footprints. Conversely, oil affects rise footprints emissions. Meanwhile, will reduce both consequently enhancing Indonesia's quality. Furthermore, increasing growth footprint, while reduces footprint. Granger causality showed unidirectional also revealed bidirectional between energy. clarifies patterns provides policymakers recommendations for maintaining sustainability, including investing transitioning away given pressing climate challenges goal achieving neutrality.

Language: Английский

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Modelling Sustainable Non-Renewable and Renewable Energy Based on the EKC Hypothesis for Africa’s Ten Most Popular Tourist Destinations

Sustainability, Journal Year: 2023, Volume and Issue: 15(5), P. 4029 - 4029

Published: Feb. 22, 2023

The main purpose of this study was to examine how tourism, GDP, renewable energy, and fossil fuels cause environmental damage. This examined ten African countries between 1997 2021 test the Kuznets curve (EKC) theory. Egypt, South Africa, Kenya, Morocco, Tanzania, Tunisia, Mauritius, Ghana, Uganda, Nigeria are with most tourists. In paper, augmented mean group (AMG), (MG), common correlated effects (CCEMG) models were used deal slope heterogeneity (SH), cross-sectional dependence (CSD), a mix first-differenced level stationary variables. Though inverted U-shaped exists, findings significant only for MG. impact energy is favorable environment AMG estimator. Inversely, tourist arrivals detrimental significant. Based on each country, tourism-based EKC theory works Tanzania. research found that using more minimizes CO2 emissions effectively in almost all except Morocco Ghana. Uganda’s increase when tourists come from other countries. For sake both tourism environment, government must reconsider its policies implement ones include energy. assist transition clean aiding sustainable growth. As result, selected should develop new plan focuses sources protects environment.

Language: Английский

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Unveiling the spillover effects of democracy and renewable energy consumption on the environmental quality of BRICS countries: A new insight from different quantile regression approaches

Renewable energy focus, Journal Year: 2023, Volume and Issue: 46, P. 222 - 235

Published: June 26, 2023

This research explores the nexus of economic expansion, population, use renewable energy, democracy, and combined effect democracy GDP on carbon dioxide (CO2) emissions in BRICS countries. We apply an extended STIRPAT model, including variables with GDP, to examine case countries between 1990 2019. Quantile regression methods (Simultaneous, Powell, MM-QR) are applied together Dynamic OLS (DOLS), Fully modified (FMOLS), CCR. The results indicate that size (GDP) population linked increasing levels CO2. Whereas increased sources energy can help reduce environmental degradation. Similarly, interaction good growth is helpful for a sustainable environment. Dumitrescu Hurlin panel causality test highlights bidirectional causal link Democracy, Population CO2, but only unidirectional relationship Policymakers need consider:1) pro-growth policies along better democratic practices, 2) higher promotion resources, 3) improving living standards achieve quality.

Language: Английский

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Eco-Efficiency, Environmental and Sustainable Innovation in Recycling Energy and Their Effect on Business Performance: Evidence from European SMEs

Sustainability, Journal Year: 2023, Volume and Issue: 15(12), P. 9465 - 9465

Published: June 13, 2023

This paper examines the influence of adopting resource efficiency actions, saving water, energy, using renewable materials, minimizing waste, selling scrap, recycling, durable products, promoting environmental responsibility, and offering green marketing products services on performance small medium-sized enterprises (SMEs). More specifically, we investigate specific actions their impact production costs, investment, available support for product expansion, effect encountered barriers SME performance. We develop a theoretical framework based stakeholder- resource-based theories to serve as foundation this analysis. use these explain link between eco-efficiency firm performance, ecological behavior, along with public policy innovation. study uses Flash Eurobarometer survey datasets FL342, FL381, FL426, FL456, which cover SMEs across time sectors in 28 EU countries. The data are analyzed through descriptive ordered logit regression analysis, Statistical Package Social Sciences (SPSS) test relationship above variables parameters. In terms practical implications, findings crucial helping pursue sustainable development. According findings, lack information how implementing action affects financial health can provide valuable insights into practices positively company’s bottom line, good health, employees’ well-being make more informed decisions. Additionally, help inform makers about better pursuing

Language: Английский

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Comprehensive Outlook on Macroeconomic Determinants for Renewable Energy in Malaysia

Sustainability, Journal Year: 2023, Volume and Issue: 15(5), P. 3891 - 3891

Published: Feb. 21, 2023

Mitigating global warming has been a challenge, and policymakers are responding to this issue by strengthening the commitment enhance renewable energy target from 20 31 percent in 2025 for Malaysia. However, adopting stages based solely on microeconomic factors, such as price of energy, is insufficient. Thus, it essential investigate macroeconomic variables that influence share In detail, study introduces selected indicators, including gross domestic investment, foreign direct trade openness, urbanization, financial development, carbon emissions level, their impact The utilized ARDL (Auto-Regressive-Distributed Lag) estimation annual time series data spanning 50 years observations, beginning 1971 ending 2020. Long-run elasticities show greater economic development urbanization increase proportion energy. contrast, increased liberalization, could reduce use these clean energies. This paper concludes with policy recommendation assist country achieving its goal implementing low-carbon, energy-focused state policy.

Language: Английский

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From growth to green: Navigating the complexities of economic development, energy sources, health spending, and carbon emissions in Malaysia

Energy Reports, Journal Year: 2023, Volume and Issue: 10, P. 4318 - 4331

Published: Nov. 1, 2023

This study analyzes the impact of economic expansion, fossil fuel consumption, renewable energy adoption, and health expenditure on carbon dioxide (CO2) emissions in Malaysia from 1990 to 2021. The autoregressive distributed lag (ARDL) method is used examine short long-term consequences. ARDL bounds test revealed evidence cointegration among variables long run which verified by Johansen Engle-Granger test. empirical results suggest that increased expansion usage are associated with higher CO2 emissions. In contrast, use linked lower term. Toda-Yamamoto causality also employed investigate causal relationships between variables. recommends Malaysian government invest green technology promote policies encourage sustainable practices. A growth approach can ensure growth, mitigate environmental challenges, achieve development goals. Health initiatives should be prioritized while mitigating damage. reduce country's reliance fuels, create new employment opportunities, contribute overall well-being population. conclusion, Malaysia's has led an increase demand However, adopting a investing energy, practices, pave way for prosperous future.

Language: Английский

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The Sustainable Development Nexus (SDN): Delivering Environmental Innovation Technologies (EITs) for Community Ecological Resilience (CER) in Indonesia

Scientia. Technology, science and society., Journal Year: 2025, Volume and Issue: 2(1), P. 111 - 132

Published: Jan. 1, 2025

This paper aims to analyze and describe the Sustainable Development Nexus (SDN), in relation Environmental Innovation Technologies (EITs) for Community Ecological Resilience (CER) Indonesia. Phenomena such as climate change, land degradation, biodiversity loss, environmental pollution exert considerable influence on ecosystems human existence. Developing countries, Indonesia, have more complex problems due high dependence natural resources limited adaptive technologies. research uses a qualitative method with an integrated literature review approach examine technological dimensions of innovations that aim stronger community ecological resilience. The materials used included decade publications from 2013 2023, which underwent rigorous credibility-based evaluation, relevance assessment, source triangulation. results show diffusion technologies, support policy initiatives by state, increased public awareness significantly contribute mitigating degradation. integration economic, social, aspects sustainable development nexus can ensure ecosystem balance while meeting needs population. In conclusion, (SDN) is very essential harmonize economic progress, social equality, sustainability. addition, technology are evidently reduce increase community's resilience (CER).

Language: Английский

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Transforming Costa Rica's Environmental Quality: The Role of Renewable Energy, Rule of Law, Corruption Control, and Foreign Direct Investment in Building a Sustainable Future

Renewable Energy, Journal Year: 2024, Volume and Issue: unknown, P. 121993 - 121993

Published: Nov. 1, 2024

Language: Английский

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Gas Consumption as a Key for Low Carbon State and its Impact on Economic Growth in Malaysia: ARDL Approach

International Journal of Energy Economics and Policy, Journal Year: 2023, Volume and Issue: 13(3), P. 469 - 477

Published: May 17, 2023

Natural gas consumption contributes the least to CO2 emissions than other non-renewable energy such as oil and coal. Thus, it is important replace in generating economic activities leading country towards low carbon state. Despite environmentally friendly energy, most previous studies did not study consumption. Therefore, this investigates effects of selected macroeconomic determinants labour, capital, foreign direct investment, trade openness, financial development on Malaysia's growth from 1980 2019. The Augmented Distributed Lag (ARDL) approach employed, results show that plays a vital role boosting short long run. Based these findings, all sectors should consume more natural instead oil, including industries transportation. This move can conserve environment support clean for sustainable development. remaining variables also increased except outcomes, country's policymakers construct suitable policy improve potential besides use accelerating Malaysia.

Language: Английский

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A COP28 Perspective: Does Chinese Investment and Fintech Help to Achieve the SDGs of African Economies?

Sustainability, Journal Year: 2024, Volume and Issue: 16(7), P. 3084 - 3084

Published: April 8, 2024

Scientific consensus affirms human activity, particularly carbon emissions from market participants, drives global warming. Foreign investment, crucial for sustainability in developing nations, now faces scrutiny regarding its impact on environmental quality emerging economies. This study examines the influence of Chinese Outward Direct Investment (OFDI) and fintech conditions top five Chinese-invested African economies, alongside factors such as energy consumption, economic performance, unemployment affecting CO2 pollution. Quarterly data 2006–2021 confirm cointegration among variables via panel unit root tests. Panel ARDL method estimates coefficients short long-run effects. Our findings reveal: (1) A 1% increase investment leads to a 0.56% decrease emissions, supporting positive impact. (2) Fintech adoption also demonstrates beneficial effect, with associated 0.18% reduction levels. (3) Total expected, has detrimental impact, causing 0.92% rise. (4) Interestingly, growth fosters sustainability, while correlates negatively it. These suggest that targeted investments can aid mitigating pollution economies balancing considerations.

Language: Английский

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