The renewable energy-growth nexus with carbon emissions and technological innovation: Evidence from the Nordic countries

2016 ◽  
Vol 69 ◽  
pp. 118-125 ◽  
Author(s):  
Manuchehr Irandoust
Keyword(s):  
Renewable Energy ◽  
Technological Innovation ◽  
Carbon Emissions ◽  
Nordic Countries ◽  
Energy Growth

scholarly journals The Effect of Renewable Energy Development, Market Regulation, and Technological Innovation on CO2 Emission in BRICS Countries

2021 ◽  
Author(s):  
Shah Abbas ◽  
Peng Gui ◽  
Chen Ai ◽  
Najabat Ali
Keyword(s):  
Renewable Energy ◽  
Environmental Regulation ◽  
Technological Innovation ◽  
Carbon Emissions ◽  
Environmental Sustainability ◽  
Energy Development ◽  
Market Regulation ◽  
Brics Countries ◽  
Renewable Energy Development ◽  
Linear And Nonlinear

Abstract The relationship between energy, environment, and economic growth has been received a lot of attention recently among scientific studies, but environmental sustainability remains a global issue. Renewable energy production, technological advancement, and regulatory policy mechanisms can all help to reduce greenhouse gas emissions and support environmental sustainability. The purpose of this study was to look at the influence of renewable energy development, market regulation, and technological innovation on carbon emissions in the BRICS countries. Renewable energy development is measured by the contribution of renewables to the total primary energy supply. The market regulation represents the measure of environmental regulation policies that the state administrative department uses to manage or limit pollution. Technological innovation is measured by environment-related technologies. To examine the symmetric and asymmetric relationship between study variables, we used a second-generation panel unit root test, linear and nonlinear co-integration tests, and linear and nonlinear ARDL. Using a symmetric approach, we found that renewable energy development, technological innovation, and market-based environmental regulation policies had a considerable positive impact on lowering carbon emissions (CE). Furthermore, the combined effect of market regulation and renewable energy development, as well as market regulation and technology innovation on CE is negative and significant. In the asymmetric specification, we found that positive and negative shocks are not uniform but vary according to ascending and descending movement in the primary variables. In nonlinear specification, the long run effects are higher than the short run. The study suggests renewable energy development, technical innovation, and market-based regulation environmental policies are the main mechanisms to reduce carbon emission in BRICS countries.

scholarly journals Determinants of Consumption-Based Carbon Emissions in Chile: Application of Non-Linear ARDL

2021 ◽  
Author(s):  
Tomiwa Sunday Adebayo ◽  
Edmund Ntom Udemba ◽  
Zahoor Ahmed ◽  
Dervis Kirikkaleli
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Technological Innovation ◽  
Environmental Degradation ◽  
Carbon Emissions ◽  
Policy Implications ◽  
The Novel ◽  
Long Run ◽  
Non Linear

Abstract In recent years, a growing number of scholars have employed various proxies of environmental degradation to understand the reasons behind rising environmental degradation. However, very few studies consider consumption-based carbon emissions even though a clear understanding of the impact of consumption patterns is essential to redirecting the pattern to more sustainable consumption. Thus, this study takes a step forward by using consumption-based carbon emissions (CCO2) as a proxy of environmental degradation using the novel non-linear ARDL. To the understanding of the investigators, no prior studies have investigated the drivers of consumption-based carbon emissions utilizing non-linear ARDL. The study employed ADF and KSS (non-linear) tests to check the stationary level of the data series. Additionally, the symmetric and asymmetric ARDL approaches are utilized to explore cointegration and long-run linkages. The results could not find symmetric cointegration among variables; however, the empirical estimates divulge the long-run asymmetric connection of indicators with the CCO2 emissions. The novel results from the asymmetric ARDL unfold that negative and positive changes in economic growth deteriorate the quality of the environment. Interestingly, a reduction in economic growth has a more dominant contribution to environmental degradation. Moreover, positive changes in renewable energy usage improve the quality of the environment in Chile inferring that Chile can achieve a reduction in environmental degradation by boosting renewable energy consumption. Surprisingly, the study found the ineffectiveness of technological innovation in reducing consumption-based carbon emissions which implies that technological innovation in Chile is not directed towards manufacturing green technology. Finally, the policy implications are discussed to reduce consumption-based carbon emissions.

scholarly journals Do Public–Private Partnership Investment in Energy and Technological Innovation Matter for Environmental Sustainability in the East Asia and Pacific Region? An Application of a Frequency Domain Causality Test

2021 ◽  
Vol 13 (6) ◽  
pp. 3039
Author(s):  
Tomiwa Sunday Adebayo ◽  
Sema Yılmaz Genç ◽  
Rui Alexandre Castanho ◽  
Dervis Kirikkaleli
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Frequency Domain ◽  
Co2 Emissions ◽  
Technological Innovation ◽  
Environmental Sustainability ◽  
Public Private Partnership ◽  
Renewable Energy Consumption ◽  
Causality Test ◽  
Private Partnership

Environmental sustainability is an important issue for current scholars and policymakers in the East Asian and Pacific region. The causal and long-run effects of technological innovation, public–private partnership investment in energy, and renewable energy consumption on environmental sustainability in the East Asian and Pacific regions have not been comprehensively explored while taking into account the role of economic growth using quarterly data for the period 1992–2015. Therefore, the present study aims to close this literature gap using econometric approaches, namely Bayer–Hanck cointegration, autoregressive distributed lag (ARDL), dynamic ordinary least square (DOLS), and fully modified ordinary least square (FMOLS) tests. Furthermore, the study utilizes the frequency domain causality test to capture the causal impact of public–private partnership investment in energy, renewable energy consumption, technological innovation, and economic growth on CO2 emissions. The advantage of the frequency domain causality test is that it can capture the causality between short-term, medium-term, and long-term variables. The outcomes of the ARDL, FMOLS and DOLS show that renewable energy consumption and technological innovation mitigate CO2 emissions, while public–private partnership investment in energy and economic growth increase CO2 emissions. Moreover, the frequency causality test outcomes reveal that technological innovation, public–private partnership investment in energy, and renewable energy consumption cause CO2 emissions, particularly in the long-term. Thus, as a policy recommendation, the present study recommends promoting renewable energy consumption by focusing more on technological innovation in the East Asia and Pacific regions.

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