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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Navigating environmental concerns: Unveiling the role of economic growth, trade, resources and institutional quality on greenhouse gas emissions in OECD countries

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 434, P. 139851 - 139851

Published: Nov. 23, 2023

Language: Английский

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Green policies and financial development in G7 economies: An in‐depth analysis of environmental regulations and green economic growth

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: Feb. 25, 2024

Abstract This comprehensive study explores the nuanced relationship between financial development and its determinants within G7 nations, spanning years 1990 to 2020. Motivated by need understand long‐term trends, we meticulously analyze key variables including total natural resource rent, Environmental Policy Stringency Index, energy consumption, green gross domestic product (GDP), foreign direct investment inflow. Employing rigorous diagnostic tests ensure robustness of our findings, advanced methodologies such as “Method Moment Quantile Regression,” along with simulations “Bootstrap Regression," “Panel Corrected Standard Errors,” “Feasible Generalized Least Squares” regressions uncover statistical significance practical implications results. Our pivotal findings carry substantial for both individual member states collective group. Highlighting a positive correlation stringent environmental policies, measured development, emphasizes imperative these nations align economic policies. Striking harmonious balance management sustainable regulations not only fosters growth but also addresses global concerns. Furthermore, adverse impact consumption on underscores urgent prioritize efficiency transition sources, aligning trend towards eco‐friendly practices. In response critical propose actionable policy measures. To growing climate crisis standardize finance practices, advocate establishment jointly funded Climate Resilience Adaptation Fund unified Green Bond Framework G7. These measures enhance resilience streamline investments demonstrate G7's commitment greener more prosperous future.

Language: Английский

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From resource curse to green growth: Exploring the role of energy utilization and natural resource abundance in economic development

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: April 16, 2024

Abstract This study delves into the profound repercussions of resource curse hypothesis within Brazil, Russia, India, China, and South Africa (BRICS) nations from 1991 to 2022, examining intricate interplay among natural abundance, energy consumption, economic development (ED). Methodologically, it employs cross‐sectionally augmented Dickey–Fuller test assess stationarity utilizes Westerlund cointegration technique analyze cointegration. Subsequently, autoregressive distributive lag model is deployed explore impact availability, renewable non‐renewable utilization, carbon emissions on ED these countries. The findings reveal a stark reality wherein both consumption wield consistently positive influence short‐ long‐term growth across BRICS economies. Particularly striking dominant consumption. However, this comes in contrast adverse effects identified with excessive coal rents, signifying potential setbacks arising rampant exploitation. Furthermore, suboptimal utilization resources hints at detrimental effect ED. These results transcend confines developing nations, underscoring universality hypothesis, affecting developed illuminates grave risks inherent overreliance overexploitation resources, elucidating heightened competition that severely impedes trajectory countries short long terms. Policymakers must prioritize diversification, implement sustainable management, invest innovative technologies mitigate fostering resilience growth. In conclusion, highlights severe stressing imperative for adept management counter linked overdependence bolster

Language: Английский

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The implications of the ecological footprint and renewable energy usage on the financial stability of South Asian countries

Financial Innovation, Journal Year: 2024, Volume and Issue: 10(1)

Published: May 10, 2024

Abstract This study explores the complex relationships involving ecological footprints, energy use, carbon emissions, governance efficiency, economic prosperity, and financial stability in South Asian nations spanning period from 2000 to 2022. Employing various methodologies such as cross-sectional dependence tests, co-integration analysis, first- second-generation unit-root we use a panel Autoregressive Distributed Lag model, feasible generalized least squares, Panel Corrected Standard Errors ensure robustness of our findings. We find noteworthy positive correlations between several variables, including heightened consciousness, effective structures, increased GDP per capita, amplified CO 2 emissions. These suggest potential pathways strengthen entire region; they also highlight latent embracing ecologically sustainable practices fortify resilience. Our results underscore pivotal role appropriate structures higher income levels bolstering countries. Interestingly, negative coefficients associated with renewable energy, suggesting that escalating adoption could create instability. finding stresses importance diversification strategies, cautioning policymakers carefully consider ramifications potentially costly imports sources while seeking reduce emphasizing need strike balance ambitious sustainability goals pursuit sustained region. In considering implications these findings, it is crucial each country’s broader socioeconomic context. offer valuable insights for developing strategies.

Language: Английский

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Powering squarely into the future: A strategic analysis of hydrogen energy in QUAD nations

International Journal of Hydrogen Energy, Journal Year: 2023, Volume and Issue: 49, P. 16 - 41

Published: July 6, 2023

Language: Английский

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Innovate, conserve, grow: A comprehensive analysis of technological innovation, energy utilization, and carbon emission in BRICS

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: June 30, 2024

Abstract The aim of this study was to embark on a transformative exploration the interplay between technological innovation, renewable energy, economic development, and carbon emissions in BRICS nations, unveiling novel insights that redefine sustainability paradigms contribute global environmental policymaking. This comprehensive spans years 1990–2022, meticulously examining dynamics indicators, energy consumption, generation, progress. dataset's non‐normal distribution prompts use moment quantile regression, providing nuanced with consideration for diverse slopes cross‐sectional dependencies. Validation through “Dumitrescu‐Hurlin panel Causality Test” refines findings, revealing diminishing impact innovation across quantiles. illuminates compelling connection: heightened correlates strongly reduced emissions, particularly evident at lower aligns seamlessly existing research, emphasizing technology's potential sustainability. Conversely, concerning positive association emerges utilization highlighting persistent challenge posed by escalating use. Urgent strategic interventions are underscored address ecological consequences associated rising consumption. intricate relationship electricity production unfolds, renewables' pivotal role mitigating impact. ongoing discussions regarding their indispensable contribution sustainable development. underscores importance prioritizing power initiatives. However, disconcerting surfaces development all quantiles, costs accompanying growth nations. As advances, escalate, presenting substantial challenges imperative balance progress conservation efforts. enriches discourse fostering within nations beyond, marking significant stride toward more environmentally conscious future.

Language: Английский

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Economic and non-economic drivers of tourism: bidirectional causality of tourism and environment for South Asian economies

Environmental Science and Pollution Research, Journal Year: 2023, Volume and Issue: 30(38), P. 89740 - 89755

Published: July 17, 2023

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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Synergy of environmental information disclosure in China: Effects on carbon reduction and quality improvement

Energy & Environment, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 6, 2025

This research takes the pollution information transparency index as a quasi-natural experiment, and empirically tests impacts of environmental disclosure（EID） policy on carbon intensity productivity at city level by using difference-in-differences(DID) model its derivative models, pilot urban source regulatory disclosure. The findings are follows: Firstly, EID has prominent inhibition effect significant improvement productivity, which is still robust under multiple scenarios. Secondly, considering possible differential effects between non-pilot cities, spatial double-difference approach constructed to further analyze local spillover effect. result indicates that direct in cities negative it cities. Thirdly, heterogeneity analysis demonstrates more eastern central large medium non-resource Thus, this paper puts forward recommendations including gradually increasing number improving content enhance effect, building cross-level collaborative governance mechanism achieve diverse participation, leadership demonstration, encouraging positive interaction different levels, making classification guidance policies promote reduction quality enhancement.

Language: Английский

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