scholarly journals Escalation effect of fossil-based CO2 emissions improves green energy innovation

2021 ◽  
Vol 785 ◽  
pp. 147257
Author(s):  
Samuel Asumadu Sarkodie ◽  
Phebe Asantewaa Owusu
Keyword(s):  
Co2 Emissions ◽  
Green Energy ◽  
Energy Innovation

The Crowding-Out Effect of Green Energy Innovation

2018 ◽  
pp. 89-112
Author(s):  
Özgür Arslan-Ayaydin ◽  
James Thewissen ◽  
Wouter Torsin
Keyword(s):  
Green Energy ◽  
Crowding Out ◽  
Energy Innovation

scholarly journals The Moderating Role of Green Energy and Energy-Innovation in Environmental Kuznets: Insights from Quantile-Quantile Analysis

2020 ◽  
Author(s):  
Hammed Oluwaseyi Musibau ◽  
Maria Yanotti ◽  
Joaquin Vespignani ◽  
Rabindra Nepal
Keyword(s):  
Green Energy ◽  
Energy Innovation ◽  
Moderating Role

scholarly journals Does Energy Price Induce China’s Green Energy Innovation?

Energies ◽  
2020 ◽  
Vol 13 (15) ◽  
pp. 4034 ◽  
Author(s):  
Yue Liu ◽  
Siming Liu ◽  
Xueying Xu ◽  
Pierre Failler
Keyword(s):  
Alternative Energy ◽  
Eastern China ◽  
Green Energy ◽  
Western China ◽  
Energy Price ◽  
Eastern Region ◽  
Price Distortion ◽  
Innovation Capacity ◽  
Energy Innovation ◽  
The Impact

This paper aims to comprehensively analyze the relationship between energy price and green energy innovation in China, and first studies the impact of energy price on China’s green energy innovation, then further investigates the moderating role of energy price distortion in the price–innovation relationship, especially in the context of lagging energy marketization level in the process of China’s transition from planned economy to the market economy. Based on the data of 30 provinces in China from 2003 to 2017, this paper provides a measurement of green energy innovation capacity through the number of “alternative energy production” and “energy conservation” patents. Our results show that energy price has a significantly positive impact on China’s green energy innovation, no matter the number of green energy patent applications or the number of green energy patent grants is used as the proxy of green energy innovation capacity. However, there exists heterogeneity related to the influence of energy price on green energy innovation. Specifically, energy price has a noticeable role in promoting green energy innovation in central and western China, but not in eastern China. Further research results show that energy price distortion significantly reduces the inducing effect of energy price on green energy innovation. Meanwhile, the distortion degrees of energy price in the central and western regions of China are significantly lower than that in the eastern region, which explains to a large extent why the inducing effect of energy price on innovation is more prominent in the central and western regions.

scholarly journals Green Energy, Economic Growth and Environmental Quality Nexus in Saudi Arabia

2021 ◽  
Vol 13 (3) ◽  
pp. 1264
Author(s):  
Montassar Kahia ◽  
Anis Omri ◽  
Bilel Jarraya
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Quality ◽  
Green Energy ◽  
Policy Implications ◽  
Equation Modeling ◽  
Renewable Energy Consumption

This article extends the previous studies on environmental economics literature by examining a possible relationship between economic growth, green energy, and environmental quality. Specifically, this article investigated the three-way linkage between economic growth, renewable energy, and environmental quality in the case of Saudi Arabia using the simultaneous equation modeling approach over the period of 1990–2016. The following are the main findings obtained: (i) a unidirectional causal impact of economic growth on renewable energy consumption was found, confirming the conservation hypothesis; (ii) bidirectional relationships between economic growth and CO2 emissions and between CO2 emissions and renewable energy consumption were also found; (iii) the failure of renewable energy in Saudi Arabia to close the gap between growing the economy and protecting the environment in Saudi Arabia; (iv) the environmental Kuznets curve (EKC) hypothesis was supported. Policy implications are also discussed.

scholarly journals The energy efficiency of the national economy assessment in terms of investment in green energy

2021 ◽  
Vol 189 (5-6(1)) ◽  
pp. 26-34
Author(s):  
Olim Astanakulov ◽  
◽  
Khurshid Asatullaev ◽  
Nodira Saidaxmedova ◽  
Nilufar Batirova ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Co2 Emissions ◽  
National Economy ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Energy Sector ◽  
Green Energy ◽  
Energy Sources ◽  
Theoretical Point ◽  
The World

Introduction. The study of the development of CO2-neutral economy shows that this concept was only examined from a theoretical point of view in the first phases and has become a priority development area of all countries of the world since 2019. Carbon neutrality means not only a massive conversion of traditional energy into renewable (alternative), but also a complete thermal modernization, a change in the production sector towards energy saving and energy efficiency, innovative changes in wastewater treatment systems and recycling, etc. In other words, an important engine for the development of a CO2-neutral economy in the national economic system is a set of mechanisms and instruments to improve energy efficiency through sustainable innovative development. Theoretical base. For a detailed analysis of the conditions for the development of the energy efficiency of the national economy (Charles, 2019), it is necessary to monitor the state of the energy system and the environmental situation in the country (Huang, 2019), since today almost all countries of the world have reconsidered their priority areas in the development of the energy sector and have actively started to implement reforms for modernization and conversion towards energy production (Khan, 2018). The most promising areas were alternative energy sources and the development of a carbon-neutral economy (Jiahai, 2019). Therefore, the countries of the European Union have agreed on an action plan for energy efficiency for the period 2007-2020 (Kraemer, 2020), which is a 20-20-20 plan - reducing CO2 emissions by 20%, improving energy efficiency by 20% and increasing the share of renewable sources in the energy sector by 20% (Lakshman, 2019). In this phase, Russia plans to achieve 11% of renewable energy sources in the structure of final energy consumption and increase energy efficiency by 9%. At the same time, Russia, which has joined the Paris Climate Agreement (Rehbein, 2020), has set itself the goal of reducing CO2 emissions by 40% by 2030 compared to 1990 (Shu, 2019). The aim of the study is to develop theoretical and methodological tools for assessing the level of energy efficiency of the national economy and its main determinants. Results. The forecast results showed that there is a significant discrepancy between the optimistic and realistic scenarios of the dynamics of changes in the economy’s diverging sub-index of energy efficiency. According to the optimistic scenario, the balancing of the convergent and divergent sub-indices will take more than 10 years (in 2020, the value of the convergent sub-index of energy efficiency of the national economy was 0.84 and the projected value of the divergent sub-index in 2030 was 0.71). Conclusions. The growth of the economy’s integral energy efficiency index is possible if a stable balance is achieved between its convergent and divergent determinants. Calculations have confirmed that the implementation of state policies to ensure the energy efficiency of the economy should primarily focus on increasing divergent determinants of the energy efficiency of the economy. To target the diverging sub-index of the national economy’s energy efficiency, the paper performs a scenario forecast of the vector of its change based on the Brown model, which takes into account the retrospective nature of the distribution of its time series and eliminates fluctuations in random variables.

scholarly journals Linkages between Trade, CO2 Emissions and Healthcare Spending in China

2019 ◽  
Vol 16 (21) ◽  
pp. 4298 ◽  
Author(s):  
Irfan Ullah ◽  
Sher Ali ◽  
Muhammad Haroon Shah ◽  
Farrah Yasim ◽  
Alam Rehman ◽  
...  
Keyword(s):  
Co2 Emissions ◽  
World Trade ◽  
Time Series Data ◽  
Trade Openness ◽  
Healthcare Spending ◽  
Industrial Sector ◽  
Green Energy ◽  
Series Data ◽  
Healthcare Expenditures ◽  
The Government

China has remained top among the carbon dioxide (CO2) emitting countries in the world, while it has a significant contribution to world trade after World Trade Organization (WTO) reforms in China. The dramatic increase in CO2 emissions has been witnessed. This study examines the linkages between trade openness, CO2 emissions, and healthcare expenditures in China using time series data for the period 1990–2017. The study extended a theoretical model by adding healthcare expenditures, CO2 emissions, and trade openness with some constraints. We used simultaneous equation method for the analysis, and the outcomes suggest that trade is significantly affecting the CO2 emissions in the country, resulting in an increase of healthcare expenditures. The government needs reforms and trade policy embodied green energy consumption in the industrial sector, especially in export sector industries. In addition, carbon tax may be an important tool to reduce CO2 emissions and it may compensate the healthcare spending in the country.

scholarly journals The Effect of Renewable and Nuclear Energy Consumption on Decoupling Economic Growth from CO2 Emissions in Spain

Energies ◽  
2020 ◽  
Vol 13 (9) ◽  
pp. 2124 ◽  
Author(s):  
Mariola Piłatowska ◽  
Andrzej Geise ◽  
Aneta Włodarczyk
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Carbon Dioxide Emissions ◽  
Nuclear Energy ◽  
Green Energy ◽  
Annual Data ◽  
Renewable Energy Consumption ◽  
The Impact

This study examines the relationship between renewable and nuclear energy consumption, carbon dioxide emissions and economic growth by using the Granger causality and non-linear impulse response function in a business cycle in Spain. We estimate the threshold vector autoregression (TVAR) model on the basis of annual data from the period 1970–2018, which are disaggregated into quarterly data to obtain robust empirical results through avoiding a sample size problem. Our analysis reveals that economic growth and CO2 emissions are positively correlated during expansions but not during recessions. Moreover, we find that rising nuclear energy consumption leads to decreased CO2 emissions during expansions, while the impact of increasing renewable energy consumption on emissions is negative but insignificant. In addition, there is a positive feedback between nuclear energy consumption and economic growth, but unidirectional positive causality running from renewable energy consumption to economic growth in upturns. Our findings do indicate that both nuclear and renewable energy consumption contribute to a reduction in emissions; however, the rise in economic activity, leading to a greater increase in emissions, offsets this positive impact of green energy. Therefore, a decoupling of economic growth from CO2 emissions is not observed. These results demand some crucial changes in legislation targeted at reducing emissions, as green energy alone is insufficient to reach this goal.

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