Renewable Energy,
Год журнала:
2022,
Номер
187, С. 645 - 656
Опубликована: Фев. 1, 2022
This
paper
explores
the
impact
of
an
environmental
tax
on
carbon
emissions
for
G7
nations
from
1994
to
2014
and
importance
major
drivers
such
as
energy
use,
economic
complexity,
natural
resources
rent
growth.
The
study
also
verifies
Environmental
Kuznets
Curve
Hypothesis
countries
marginal
effects
traditional
consumption,
renewable
consumption.
paper's
unique
contribution
is
that
it
investigates
first
time
moderating
role
non-renewable
CO2
emissions.
results
suggest
taxes
effectively
reduce
confirm
consumption
rise
with
level
taxation
in
a
statistically
significant
way.
findings
indicate
strict
laws
will
allow
businesses
shift
production
towards
cleaner
methods.
Finally,
proposes
redistributing
revenues
research
development
sustainable
technology
programmes
would
empower
achieve
United
Nations'
SDG-7
SDG-13
goals.
