Energy Reports,
Год журнала:
2023,
Номер
9, С. 5458 - 5472
Опубликована: Май 8, 2023
The
recent
global
recession
due
to
Covid-19
has
led
a
drop
in
natural
resource
prices,
which
contracted
energy
demand.
Amid
this
concern,
environmentally
sustainable
renewable
projects
have
become
uncompetitive
and
an
obstacle
achieving
the
Sustainable
Development
Goals
(SDGs).
Following
nonlinear
autoregressive
distributed
lag
(NARDL)
model
proposed
by
Shin
et
al.
(2014),
asymmetrically
explore
impact
of
green
bonds
on
investment
environmental
pollution
consumption
degradation
China
over
period
1970–2020.
results
show
that
expansion
(GB+)
significantly
promotes
reduces
pollution,
while
contraction
(GB−)
stimulates
damage.
Likewise,
(REC+)
reduced
degradation,
(REC−)
contributed
degradation.
Moreover,
result
also
validates
existence
inverted
U-shaped
EKC
hypothesis
VECM
Granger
causality
test
indicate
investment,
finance,
consumption,
CO2
emission,
Gross
Domestic
Product
(GDP)
long
term
causality.
Chinese
policymakers
must
focus
strengthening
will
encourage
generation.
electricity
output
greatly
facilitates
so
innovate
policies
take
into
account
rather
than
fossil
fuel
generation
order
achieve
International Journal of Sustainable Development & World Ecology,
Год журнала:
2022,
Номер
30(4), С. 445 - 457
Опубликована: Дек. 27, 2022
ABSTRACTToday,
the
world
is
encountering
one
of
most
challenging
moments
in
history
due
to
surging
levels
greenhouse
gas
(GHG)
emissions
linked
many
factors,
with
natural
resources
standing
out.
The
recent
COP26
extensively
echoes
need
for
a
conscious
exploration
bid
sustain
ecosystem
present
and
future
generations.
To
this
end,
current
research
probes
impacts
vectoring
oil,
coal,
gases,
on
CO2
selected
10
top
resource-dependent
countries
from
1995
2019.
Additionally,
model
considers
pertinent
role
renewable
energy,
green
finance,
structural
change,
technology
advancement.
empirical
evidence
relies
preliminary
tests
comprising
cross-sectional
interdependence
tests,
homogeneity
stationarity
cointegration
that
account
issue
dependence
panel
model,
all
which
conform
expected
rule
thumb.
Besides,
second-generation
estimators
such
as
CS-ARDL,
CCEMG,
AMG,
novel
quantile
regression,
are
employed
evaluate
model.
results
show
exacerbate
emission
surge.
However,
moderating
evident
technology.
heterogeneous
effects
emanate
regression
indicate
main
robust.
Consequently,
cutting
down
fossil
fuels
subsidies
increasing
investment
energy
constitute
key
recommendations
advanced
by
study.KEYWORDS:
Natural
resourcesrenewable
energystructural
changegreen
financetechnologyresource-dependent
economies
Disclosure
statementNo
potential
conflict
interest
was
reported
authors.Ethical
approvalThis
complies
internationally
accepted
standards
practice
reportingData
availability
statementThe
data
support
findings
study
available
upon
request.
Energy Reports,
Год журнала:
2023,
Номер
9, С. 5458 - 5472
Опубликована: Май 8, 2023
The
recent
global
recession
due
to
Covid-19
has
led
a
drop
in
natural
resource
prices,
which
contracted
energy
demand.
Amid
this
concern,
environmentally
sustainable
renewable
projects
have
become
uncompetitive
and
an
obstacle
achieving
the
Sustainable
Development
Goals
(SDGs).
Following
nonlinear
autoregressive
distributed
lag
(NARDL)
model
proposed
by
Shin
et
al.
(2014),
asymmetrically
explore
impact
of
green
bonds
on
investment
environmental
pollution
consumption
degradation
China
over
period
1970–2020.
results
show
that
expansion
(GB+)
significantly
promotes
reduces
pollution,
while
contraction
(GB−)
stimulates
damage.
Likewise,
(REC+)
reduced
degradation,
(REC−)
contributed
degradation.
Moreover,
result
also
validates
existence
inverted
U-shaped
EKC
hypothesis
VECM
Granger
causality
test
indicate
investment,
finance,
consumption,
CO2
emission,
Gross
Domestic
Product
(GDP)
long
term
causality.
Chinese
policymakers
must
focus
strengthening
will
encourage
generation.
electricity
output
greatly
facilitates
so
innovate
policies
take
into
account
rather
than
fossil
fuel
generation
order
achieve