Natural Resources Forum, Год журнала: 2025, Номер unknown
Опубликована: Фев. 4, 2025
ABSTRACT Ecological sustainability requires an understanding of the importance natural resources (NAT), trade diversification (TRD), and environment. We can develop methods to reduce damaging environmental effects in developed developing economies while promoting sustainable economic models. Therefore, this work analyzes impact TRD, NAT, renewable energy (RE), stringent policy (EPS), GDP on load capacity factor (LCF) G‐7 countries. For purpose, annual data 1995–2022 is analyzed. The results Method Moments Quantile Regression (MMQR) show that RE, TRD index are enhancing quality, whereas EPS harmful for MMQR used get coefficient values. On other hand, use strict laws lower bad consequences industrialization Evidently, influence waning quantiles LCF, rising. To verify impacts performs wavelet analysis country specific data, it validated arming quality. Policymakers should also impose measures gradually, giving firms time adjust. This shift be facilitated by offering green technology financial support subsidies. offers practical solutions maintaining region's
Язык: Английский