The role of renewable energy and total factor productivity in reducing CO2 emissions in Azerbaijan. Fresh insights from a new theoretical framework coupled with Autometrics

Energy Strategy Reviews, Год журнала: 2023, Номер 47, С. 101079 - 101079

Опубликована: Март 24, 2023

Environmental issues, such as carbon dioxide (CO2) emissions, are humanity's most critical issues. Emissions released by oil-producing countries is not small. This because these have an abundance of fossil fuels with considerably low prices, and the cost using natural sources to obtain energy significantly cheaper than alternative sources. study examined pollution in Azerbaijan, country. It uses a new theoretically grounded framework which consumption-based CO2 emissions function renewable consumption (REC) total factor productivity (TFP), well income, exports, imports. REC TFP only emission-reducing properties but also growth-enhancing benefits are, therefore, very useful be considered environmental policies. Econometric analysis was conducted robustness checks state-of-the-art econometric methodology called Autometrics – machine learning algorithm for model discovery employed. found negatively affected REC. Exports exert negative impact on CO2, while effects income imports positive. Our key policy insights that Azerbaijani policymakers may wish implement policies further promote technological improvements, efficiency gains, transitions energy.

Язык: Английский

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Environmental technology, economic complexity, renewable electricity, environmental taxes and CO2 emissions: Implications for low-carbon future in G-10 bloc

Heliyon, Год журнала: 2023, Номер 9(6), С. e16457 - e16457

Опубликована: Май 22, 2023

This study investigates the impact of environmental technological innovation, economic complexity, energy productivity, use renewable electricity generation, and taxes on carbon dioxide (CO2) emissions in G-10 countries for timeframe from 1995 to 2020. The purpose is examine need a clear plan or strategy achieve objectives countries. In both short-term long-term projections, increased environment-based technology, generation has major positive emission reduction. Moreover, results demonstrate unidirectional bidirectional causality energy, electrical technologies, respectively. Based results, proposes number concrete policies, such as updating modernized tax systems, increasing collection, providing individuals with means finance Sustainable Development Goals through incentive regulations, making grants international organizations private sector available investments toward (SDGs) neutrality environment targets. study's most significant contribution order attain sustainable low-carbon future countries, which policy implications governments policymakers.

Язык: Английский

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Heterogeneous role of energy utilization, financial development, and economic development in ecological footprint: How far away are developing economies from developed ones

Environmental Science and Pollution Research, Год журнала: 2023, Номер 30(20), С. 58378 - 58398

Опубликована: Март 29, 2023

Язык: Английский

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The impact of geopolitical risk, governance, technological innovations, energy use, and foreign direct investment on CO2 emissions in the BRICS region

Environmental Science and Pollution Research, Год журнала: 2023, Номер 30(29), С. 73714 - 73729

Опубликована: Май 17, 2023

Язык: Английский

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From black to green: Quantifying the impact of economic growth, resource management, and green technologies on CO2 emissions

Journal of Environmental Management, Год журнала: 2024, Номер 360, С. 121091 - 121091

Опубликована: Май 17, 2024

Язык: Английский

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Oil and natural gas rents and CO₂ emissions nexus in MENA: spatial analysis

PeerJ, Год журнала: 2023, Номер 11, С. e15708 - e15708

Опубликована: Июль 12, 2023

Background Oil rents (OR) and natural gas (NGR) have significant contributions to the income of Middle East North Africa (MENA) economies may increase emissions. Moreover, spatial autocorrelation is expected in carbon dioxide (CO 2 ) emissions due geographically closed MENA region. Thus, we examine impact OR NGR on CO caring dimensions analyze environmental Kuznets curve (EKC). Methods We apply Durbin model technique effects OR, NGR, economic growth 17 nations from 2000–2019, i.e ., Algeria, Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates (UAE), Yemen. diagnostic tests are applied reach most appropriate specification robust results. Results The results disclose that spillovers any country can damage environment neighboring countries. EKC corroborated with a turning point 38,698 constant 2015 US dollars. Israel Qatar nd phase EKC, 15 1 st stage. expansion has ecological concerns. effect found statistically insignificant. minute negative local an elasticity coefficient −0.2117. Nevertheless, these positive indirect 0.5328. net oil positive. One percent could accelerate 0.3211% suggest countries reduce reliance their avoid sector.

Язык: Английский

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Oil rents and environmental sustainability: do green technologies and environmental technological innovation matter?

Journal of Open Innovation Technology Market and Complexity, Год журнала: 2024, Номер 10(3), С. 100366 - 100366

Опубликована: Авг. 15, 2024

Язык: Английский

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The role of mineral and oil resources in achieving a clean environment in emerging economies: An asymmetric analysis

Resources Policy, Год журнала: 2023, Номер 86, С. 104099 - 104099

Опубликована: Сен. 10, 2023

Язык: Английский

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Do natural resources promote carbon neutrality: The role of green finance

Resources Policy, Год журнала: 2023, Номер 88, С. 104424 - 104424

Опубликована: Дек. 2, 2023

Язык: Английский

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Natural resources-environmental technology-ecological footprint nexus: Does natural resources rents diversification make a difference?

Journal of Environmental Management, Год журнала: 2024, Номер 359, С. 121036 - 121036

Опубликована: Май 1, 2024

Язык: Английский

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