The role of renewable energy consumption and financial development in environmental sustainability: implications for the Nordic Countries

International Journal of Sustainable Development & World Ecology, Год журнала: 2022, Номер 30(1), С. 21 - 36

Опубликована: Сен. 1, 2022

The Nordic nations have yet to significantly contribute achieving Sustainable Development Goals (SDG) 7 and 13. This predicament might be attributed fundamental financialization concerns in these renewable energy generation implementation issues. are fighting reduce CO2 emissions as a result of two situations. Dealing with this problem may necessitate policy shift, which represents the focus research. Utilizing data from 1980 2020, we analyze heterogeneous impacts financial development on using advanced panel time-series methodologies. advantage wavelet tools (wavelet coherence, partial multiple techniques) is that they help capture initiatives at different frequencies, i.e., short, medium long-term. Our empirical outcomes CS-ARDL show both decrease short long term. Furthermore, coherence negative co-movement between each nation except for Iceland driving all frequencies. Additionally, enhances ‘CO2 emissions-renewable consumption’ association, but term, it has no stimulating effect. These findings lead recommendation an SDG-oriented framework. While agenda designed achieve SDGs 13, also applied other nations. study recommends countries implement measures boost supply through enhanced technologies.Abbreviations: ASEAN: Association Southeast Asian Nations; BRICS: Brazil, Russia, India, China South Africa; CO2: Carbon Emissions; CS-ARDL: Cross Sectional Autoregressive Distributed Lag Model; FD: Financial Development; PMG-ARDL: Pool Mean Group VAR: Vector Autoregressive; VECM: Error Corrected MINT: Mexico, Indonesia, Nigeria Turkey; REC: Renewable Energy; SDG: Goal; SD:

Язык: Английский

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Role of hydroelectricity and natural gas consumption on environmental sustainability in the United States: Evidence from novel time-frequency approaches

Journal of Environmental Management, Год журнала: 2022, Номер 328, С. 116987 - 116987

Опубликована: Дек. 20, 2022

Язык: Английский

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The need for energy efficiency and economic prosperity in a sustainable environment

Gondwana Research, Год журнала: 2023, Номер unknown

Опубликована: Апрель 1, 2023

Язык: Английский

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Asymmetric effects of high-tech industry and renewable energy on consumption-based carbon emissions in MINT countries

Renewable Energy, Год журнала: 2022, Номер 196, С. 1269 - 1280

Опубликована: Июль 8, 2022

Язык: Английский

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Production-based disaggregated analysis of energy consumption and CO2 emission nexus: evidence from the USA by novel dynamic ARDL simulation approach

Environmental Science and Pollution Research, Год журнала: 2022, Номер 30(3), С. 6864 - 6874

Опубликована: Авг. 26, 2022

Язык: Английский

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A Roadmap toward Achieving Sustainable Environment: Evaluating the Impact of Technological Innovation and Globalization on Load Capacity Factor

International Journal of Environmental Research and Public Health, Год журнала: 2022, Номер 19(6), С. 3288 - 3288

Опубликована: Март 10, 2022

Technological innovations have been a matter of contention, and their environmental consequences remain unresolved. Moreover, studies extensively evaluated challenges using metrics such as nitrogen oxide emissions, sulfur dioxide, carbon ecological footprint. The environment has the supply demand aspect, which is not component any these indicators. By measuring biocapacity footprint, load capacity factor follows certain threshold, allowing for thorough study on deterioration. With reduction in factor, deterioration increases. In context environment, interaction between technological innovation covers side environment. light this, employing dataset ranging from 1980 to 2017 case South Africa, bound cointegration test conjunction with critical value Kripfganz Schneider showed model. also employed ARDL, whose outcome revealed that nonrenewable energy usage economic growth contribute deterioration, whereas globalization improve quality This validated hypothesis Kuznets curve short-term coefficient was lower than long-term elasticity. Furthermore, frequency-domain causality predict long term, predicts factors medium term. addition, short Based findings, we propose policymakers should focus efforts increasing funding research development green technologies.

Язык: Английский

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Recent scenario and nexus between natural resource dependence, energy use and pollution cycles in BRICS region: Does the mediating role of human capital exist?

Resources Policy, Год журнала: 2023, Номер 81, С. 103382 - 103382

Опубликована: Фев. 21, 2023

Язык: Английский

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Articulating CO2 emissions limiting roles of nuclear energy and ICT under the EKC hypothesis: An application of non-parametric MMQR approach

Geoscience Frontiers, Год журнала: 2023, Номер 14(5), С. 101589 - 101589

Опубликована: Март 23, 2023

Limiting toxic elements from being exposed to the world's atmosphere has been biggest challenge among environmental researchers and stakeholders. Climate change conferences have counselling global economies take serious steps toward profound decarbonization keep universal temperature below 1.5 °C. In this context, direction of research changed, are more focused on tracing how limit pollution it threshold level. milieu, nuclear energy can make a big difference along with other alternatives fossil energy. Therefore, we extend extant literature by exploring dynamic effects atomic ICT carbon emissions (CO2) for top countries using data 1990 2017. To obtain robust findings, deploy novel non-parametric econometric approach (i.e., method moments quantile regression). The results suggest that is sustainable alternative historical fuel as curbs CO2 in lower, middle, upper quantiles. Furthermore, our findings corroborate penetration through internet, mobile telephone plays vital role improving quality. Moreover, unveil linear economic growth jeopardizes environment unleashing harmful gases. also support existence Environmental Kuznets Curve (EKC) hypothesis confirming negative association between polynomial (squared-GDP) designated nations. Also, Granger causality test reaffirms causal nexus selected series runs technological innovation emissions, indicating any policy shock both leads degradation. We, therefore, advocate territories enriching their baskets boost achieve 100% decoupling pollution.

Язык: Английский

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Renewable energy, banking sector development, and carbon dioxide emissions nexus: A path toward sustainable development in South Africa

Renewable Energy, Год журнала: 2022, Номер 193, С. 1032 - 1040

Опубликована: Май 9, 2022

Язык: Английский

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Assessing the spillover effects of research and development and renewable energy on CO2 emissions: international evidence

Environment Development and Sustainability, Год журнала: 2023, Номер 26(3), С. 7657 - 7686

Опубликована: Фев. 27, 2023

Язык: Английский

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