Greening the Brazil, Russia, India, China and South Africa (BRICS) economies: Assessing the impact of electricity consumption, natural resources, and renewable energy on environmental footprint

Natural Resources Forum, Год журнала: 2023, Номер 47(3), С. 484 - 503

Опубликована: Май 15, 2023

Abstract Electricity consumption is a crucial factor in the environmental pollution process, and therefore, its impact needs to be carefully considered by policymakers. This study investigates relationship between energy consumption, electricity generation, natural resource utilization, BRICS nations, which have substantial share global consumption. To this end, we employed novel methodology, namely Method of Moment Quantile Regression (MMQR), for time period 1990 2018, within framework Environmental Kuznets Curve (EKC) theory. The study's outcome shows that resources renewable are efficacious significant curbing degradation among sample countries. investigation reveals positive correlation degradation, thereby highlighting vital resource's role exacerbating nations’ ecological footprint. findings from research can provide insights policymakers achieve sustainable development carbon neutrality these

Язык: Английский

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Driving towards a sustainable future: Transport sector innovation, climate change and social welfare

Journal of Cleaner Production, Год журнала: 2023, Номер 427, С. 139250 - 139250

Опубликована: Окт. 11, 2023

Язык: Английский

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Global Strategies for a Low-Carbon Future: Lessons from the US, China, and EU's Pursuit of Carbon Neutrality

Journal of Cleaner Production, Год журнала: 2024, Номер 461, С. 142635 - 142635

Опубликована: Май 20, 2024

Язык: Английский

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Empowering energy transition: Green innovation, digital finance, and the path to sustainable prosperity through green finance initiatives

Energy Economics, Год журнала: 2024, Номер 136, С. 107736 - 107736

Опубликована: Июнь 24, 2024

This study delves into the intricate relationship between financial digitization and green innovation, aiming to shed light on their dynamic interplay within a global context. Spanning from 2003 2020, encompasses 15 diverse countries, encompassing both developed emerging economies, including Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, Turkey, United Kingdom, USA. It not only explores direct connection innovation but also takes account various controlling factors such as economic growth, industrial value addition, research development expenditure, gross national expenditure. The key findings quantile regression reveal have significant positive effect, indicating that in countries with lower levels, an increase digital services significantly boosts innovation. impact persists across quantiles, even higher albeit lesser degree. Economic growth consistently shows negative association all quantiles. Research expenditure demonstrate emphasizing allocating percentage of activities experience substantial increases underscores facilitation finance initiatives.

Язык: Английский

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Analyzing the impact of resource productivity, energy productivity, and renewable energy consumption on environmental quality in EU countries: The moderating role of productivity

Resources Policy, Год журнала: 2024, Номер 89, С. 104613 - 104613

Опубликована: Янв. 5, 2024

Язык: Английский

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Green finance and green growth nexus: evaluating the role of globalization and human capital

Journal of Applied Economics, Год журнала: 2024, Номер 27(1)

Опубликована: Фев. 2, 2024

Green finance is one of the emerging research areas, particularly in academia and industries. However, its contribution to green growth remains relatively unexplored. Unlike previous studies, current contributes existing literature by using as a policy tool for achieving growth. The method moment quantile regression used investigate link between other control variables on 19 selected OECD economies from 1990 2021. main findings study support idea that accelerates countries. Similarly, results human capital show significantly positive relationship with Additionally, increase globalization GDP decrease To promote achieve sustainable environmental goals set economies, policymakers regulators must prioritize finance.

Язык: Английский

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Fresh evidence of the impact of economic complexity, health expenditure, natural resources, plastic consumption, and renewable energy in air pollution deaths in the USA? An empirical approach

The Science of The Total Environment, Год журнала: 2024, Номер 921, С. 171127 - 171127

Опубликована: Фев. 20, 2024

Most plastic waste generated from consumption cannot be recycled and is destroyed by burning. As a result of burning plastics, microplastics spread into the atmosphere, increasing air pollution. Respiratory diseases chronic health problems are caused Approximately 7 million people die each year due to pollution-related ailments. Therefore, it crucial provide empirical evidence rather than approximate estimates role in deaths. Also, understanding causes deaths demonstrating policies' effectiveness will valuable insights for policymakers, international community, researchers. This study investigates effects consumption, expenditures, natural resources, economic complexity, renewable energy on pollution USA 1995 2019 using novel Fourier Augmented ARDL method. The findings show that complexity increase deaths, while decreases it. Such imply an essential determinant mortality, policy must reconsidered, efficient use resources important sophisticated structures do not always produce desired results. Overall, policymakers should review policies reduce take measures support green growth tools.

Язык: Английский

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Assessing the Impact of Digitalization, Tax Revenues, and Energy Resource Capacity on Environmental Quality: Fresh Evidence from CS-ARDL in the EKC Framework

Sustainability, Год журнала: 2024, Номер 16(2), С. 474 - 474

Опубликована: Янв. 5, 2024

This study examines the dynamic relationships between digitalization, environmental tax revenues, and energy resource capacity within framework of Environmental Kuznets Curve (EKC), focusing on their combined impact quality. It employs a cross-sectional augmented autoregressive distributed lag (CS-ARDL) approach, an advanced technique for complex panel data that is specifically designed to address issues dependence slope heterogeneity inherent in analysis. The research covers 88 countries, including both low- middle-income countries (LMICs) high-income (HICs), understand how as driving force Fourth Industrial Revolution, interacts with taxation management affect greenhouse gas emissions. results reveal distinct effects taxes quality, marked differences LMICs HICs. In HICs, technological progress, especially information communication technology (ICT), found contribute significantly For LMICs, are less evident, findings suggest need tailored strategies policy management. By providing empirical evidence differential impacts digitalization policies different economic contexts, this enriches economics discourse. highlights frameworks specific contexts effectively balance growth sustainable development goals, thereby insightful implications achieving Sustainable Development Goals (SDGs).

Язык: Английский

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Going away or going green in ASEAN countries: Testing the impact of green financing and energy on environmental sustainability

Energy & Environment, Год журнала: 2023, Номер 35(7), С. 3759 - 3784

Опубликована: Май 18, 2023

The role of green finance is to develop industry mechanisms in areas including transportation, building, water preservation, clean energy production, storage, and distribution, which ultimately results emissions waste reduction, biodiversity habitat protection, pollution control. Therefore, recognizing the significance finance, this research investigates asymmetric reduction carbon along with economic growth, foreign direct investment, urbanization as control antecedents using econometric model “non-linear autoregressive distributed lag (NARDL)” for period 2000–2020 ASEAN nations. According NARDL outcomes, positive shock enhances ecological quality negative shocks harm environmental quality. In addition, contribute harmful pollutants. recommend nations’ governments, environmentalists, policymakers, devise strong financial mechanisms, long-term investment strategies attract opportunities bridge gap energy.

Язык: Английский

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The Environmental Kuznets Curve and Renewable Energy Consumption: A Review

International Journal of Energy Economics and Policy, Год журнала: 2023, Номер 13(3), С. 279 - 291

Опубликована: Май 17, 2023

Renewable Energy Consumption (REC) would reduce pollution and a large pool of literature has probed the Environmental Kuznets Curve (EKC) including REC in panel or country-specific model. The present study reviewed 69 empirical studies found that 57 out validated EKC but 12 did not confirm EKC. Out these, 64 reduced emissions. In analyses, 18 25 24 substantiated studies, 39 44 40 Comparatively, reported more evidence compared to studies. However, positive environmental effect REC. results logistic regression show chance validity is 4.82 times if emissions Thus, future on testing should include comparison, carry confirmation than

Язык: Английский

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