How Do Renewable Energy, Economic Growth and Natural Resources Rent Affect Environmental Sustainability in a Globalized Economy? Evidence From Colombia Based on the Gradual Shift Causality Approach

Frontiers in Energy Research, Год журнала: 2022, Номер 9

Опубликована: Янв. 28, 2022

Undoubtedly, fossil fuel energy consumption causes global warming. The question at the core is whether or not we want to quit consumption? obvious answer this “no.” Therefore, necessity for innovation curial attain green and sustainable growth. This research specifically focused on Colombia, which represents aforementioned threats a large extent as trajectory of economic expansion characterized by significant CO 2 emissions in Colombia. In regard, examine association between globalization, renewable energy, natural resources rent, growth, from 1970 2017. cointegration test confirmed long considered variables. study employed Fully Modified Ordinary Least Squares, Dynamic Autoregressive Distributed Lag estimators long-run analysis. empirical results uncovered growth-induced result illustrated that path development unsustainable Columbia. contrast, globalization demonstrated favorable contribution environmental quality. outcomes Gradual Shift Causality indicated resource growth Granger cause emissions. findings highlight need enact well-coordinated measures reduce deterioration Colombia must aggressively promote also foster better viable environment investment mitigate damage caused

Язык: Английский

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The relevance of EKC hypothesis in energy intensity real-output trade-off for sustainable environment in EU-27

Environmental Science and Pollution Research, Год журнала: 2021, Номер 28(37), С. 51137 - 51148

Опубликована: Май 11, 2021

Язык: Английский

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Natural resource rents, globalisation and environmental degradation: New insight from 5 richest African economies

Resources Policy, Год журнала: 2022, Номер 78, С. 102909 - 102909

Опубликована: Авг. 5, 2022

Язык: Английский

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Exploring the Road toward Environmental Sustainability: Natural Resources, Renewable Energy Consumption, Economic Growth, and Greenhouse Gas Emissions

Sustainability, Год журнала: 2022, Номер 14(3), С. 1579 - 1579

Опубликована: Янв. 29, 2022

Despite the fact that China’s economy has grown swiftly since reform and opening up, problem of environmental degradation in China become increasingly significant. Therefore, this paper uses as an example to examine dynamic relationship between highlighted variables (renewable energy consumption, economic growth, oil rent, natural resources) greenhouse gas emissions (a proxy for sustainability). Using annual data over period 1971–2018 employing auto-regressive distributed lag bounds approach perform empirical analysis, results suggest there is a long-run equilibrium emissions. Specifically, renewable consumption rent contribute sustainability because their negative effects on On contrary, growth resources hinder due positive In addition, using fully modified ordinary least squares conduct robustness test, also support previous findings. To conclude, findings may provide some solutions sustainability.

Язык: Английский

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Renewable energy sources and unemployment rate: Evidence from the US states

Energy Policy, Год журнала: 2022, Номер 168, С. 113155 - 113155

Опубликована: Июль 16, 2022

Язык: Английский

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Advances in technology and utilization of natural resources for achieving carbon neutrality and a sustainable solution to neutral environment

Environmental Research, Год журнала: 2022, Номер 220, С. 115135 - 115135

Опубликована: Дек. 22, 2022

Язык: Английский

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Evaluating the roles of energy innovation, fossil fuel costs and environmental compliance towards energy transition in advanced industrial economies

Journal of Environmental Management, Год журнала: 2023, Номер 351, С. 119709 - 119709

Опубликована: Дек. 2, 2023

Язык: Английский

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A step towards carbon neutrality in E7: The role of environmental taxes, structural change, and green energy

Journal of Environmental Management, Год журнала: 2023, Номер 337, С. 117556 - 117556

Опубликована: Март 21, 2023

Язык: Английский

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Impact of economic policy uncertainty, geopolitical risk, and economic complexity on carbon emissions and ecological footprint: an investigation of the E7 countries

Environmental Science and Pollution Research, Год журнала: 2022, Номер 30(12), С. 34406 - 34427

Опубликована: Дек. 13, 2022

Язык: Английский

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Do natural resource dependence, economic growth and transport energy consumption accelerate ecological footprint in the most innovative countries? The moderating role of technological innovation

Gondwana Research, Год журнала: 2023, Номер unknown

Опубликована: Апрель 1, 2023

Язык: Английский

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