scholarly journals Forest Conservation and Renewable Energy Consumption: An ARDL Approach

Forests ◽  
2021 ◽  
Vol 12 (2) ◽  
pp. 255
Author(s):  
Pablo Ponce ◽  
María de la Cruz Del Río-Rama ◽  
José Álvarez-García ◽  
Cristiana Oliveira
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Low Income ◽  
Forest Cover ◽  
Clean Energy ◽  
Causal Link ◽  
Forest Area ◽  
Low Income Countries ◽  
Renewable Energy Consumption

Deforestation shows the constant environmental degradation that occurs worldwide as a result of the growth of economic activity and the increase in population. This research examines the causal link between renewable energy consumption, GDP, GDP2, non-renewable energy price, population growth and forest area in high, middle- and low-income countries. Based on data obtained from World Development Indicators, the autoregressive distributed lag model, with a time series, is used to examine the long-term cointegration relationship between the variables. The results justify the existence of a joint long-term relationship between the variables analysed for the middle-income countries and low-income countries. When the forest area is not at its equilibrium level, the speed of adjustment is slow (0.44% and 8.7%), which is typical of the nature of this natural resource. An increase in the consumption of renewable energy is associated with an increase between 0.04 and 0.02 square kilometres of forest cover, respectively. The research does not show evidence about the equilibrium relationship in the short term. Growth in renewable energy consumption is one of the main drivers for preserving the forest area. Therefore, those responsible for making economic policies must aim their measures towards the use of clean energy.

scholarly journals Financial Development, Clean Energy, and Human Capital: Roadmap towards Sustainable Growth in América Latina

Energies ◽  
2021 ◽  
Vol 14 (13) ◽  
pp. 3763
Author(s):  
Pablo Ponce ◽  
José Álvarez-García ◽  
Johanna Medina ◽  
María de la Cruz del Río-Rama
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Clean Energy ◽  
Sustainable Growth ◽  
Policy Implications ◽  
Renewable Energy Consumption

The consumption of renewable energy has become a substitute for fossil fuels to mitigate environmental degradation. However, this substitution of energy raises many questions regarding its possible impact on economic growth. In this context, this research aims to examine the long-term relationship between economic growth and financial development, non-renewable energy, renewable energy, and human capital in 16 Latin American countries. Panel data techniques during the period 1988–2018 and statistical information compiled by the World Bank and Penn Word Table databases were used. Second-generation econometric techniques (cross-sectionally augmented Dickey–Fuller (CADF) and cross-sectionally augmented IPS (CIPS) were used in the work methodology, which allow the presence of cross-sectional dependence between sections to be controlled. The main results indicate that there is a long-term equilibrium relationship between financial development, non-renewable energy consumption, renewable energy consumption, human capital, and economic growth. The results show that the consumption of renewable energy does not compromise economic growth; the 1% increase in renewable energy consumption is related to the 1% increase in economic growth. The policy implications suggest some measures to ensure economic growth considering the role of green energy and human capital.

scholarly journals The Bioeconomy and Foreign Trade in Food Products—A Sustainable Partnership at the European Level?

2020 ◽  
Vol 12 (6) ◽  
pp. 2460
Author(s):  
Dan Costin Nițescu ◽  
Valentin Murgu
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Research And Development ◽  
Food Products ◽  
Forest Area ◽  
Green Economy ◽  
Added Value ◽  
European Level ◽  
Renewable Energy Consumption

This research addresses the problem of the synergistic relationship between the sustainable development of the green economy (bioeconomy) at the European level and the commercial flows with food. Mainly, two components were analyzed and integrated: A qualitative one, on the perspective of the development of the bioeconomy at the European level, and a quantitative one, on the study of the nature of the inter-correlation between the exogenous indicators of foreign food trade (exports and imports) and the relevant endogenous indicators (the labor force, gross added value of agriculture, forestry and fisheries, research and development expenditure, forest area, fossil fuel energy consumption, and renewable energy consumption), for 24 European countries over a 22 year period. Exports and imports of food products are positively influenced by the added value of the agricultural sector and by the share of research and development expenditures, both in the short and long term. Renewable energy consumption influences exports in the short term, but in the long term, the forest area has a significant positive impact. Imports are negatively influenced by renewable energy consumption. The findings of this research can provide support for the future mix of policies.

scholarly journals Assessment of the Progress towards the Management of Renewable Energy Consumption in the Innovativeness Context—A Country Approach

Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 5064
Author(s):  
Monika Sipa ◽  
Iwona Gorzeń-Mitka
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Clean Energy ◽  
Petroleum Products ◽  
Energy Sources ◽  
Renewable Energy Consumption ◽  
Renewable Sources ◽  
Significant Relationships ◽  
Decisive Action

The fact that European Union (EU) countries have adopted an ambitious plan to achieve zero greenhouse gas emissions by 2050 requires decisive action within the scope of innovation and of the level of energy consumption, especially of the energy from renewable sources. Being directed toward innovation within the scope of renewable energy technology, as well as the proper management of renewable energy consumption, are the main actions aimed at increasing the efficiency of using clean energy, and which also bring the EU closer to the implementation of the assumptions adopted in the European Green Deal. The aim of our study was to assess the progress toward the management of renewable energy consumption in the innovativeness context and the relationship between energy consumption and selected indicators of innovativeness in European Union countries. We present an original ranking assessment of the progress toward the management of renewable energy consumption and identify relationships between the energy consumption of selected energy sources (both renewable and non-renewable) and of selected innovation assessment indicators. The data used to develop the original rating were optimized using the procedures of the MULTIMOORA method, while the relationships between variables were identified through correlation analysis. Our findings provide evidence of significant relationships between the consumption of selected energy sources (in the group of non-renewable sources, e.g., peat and peat products and oil and petroleum products, and in the group of renewable sources, e.g., wind, biofuels, and renewable waste) and of selected indicators of innovation evaluation (e.g., human resources, finance, and support).

scholarly journals Renewable Energy Consumption and Local Environmental Effects for Economic Growth: The Role of Financial Development and Foreign Direct Investment

2021 ◽  
Author(s):  
Itbar khan ◽  
lei han ◽  
Hayat khan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Environmental Quality ◽  
Low Income ◽  
Carbon Emission ◽  
Renewable Energy Consumption ◽  
Middle Income ◽  
Income Groups

Abstract The use of renewable energy improves environmental quality by reducing carbon emission and influence economics growth where carbon emission also effect economic growth of a country. The economic theory of tourism also indicates that tourism development enhance economic growth though spillovers as well contribute to climate change. The inflow of FDI and financial development enhance economic growth however its also effect environmental quality. Based on the ongoing debate, the present research trying attempts to explore the effect of CO2 emission and renewable energy consumption, FDI and financial development on economic growth in different income grouped countries to know whether these impacts are the same for the low income, middle income and high income countries on economic growth? Using panel data for high income, low income & middle income countries for the period of 1980–2018, the current study found that all variables effect economic growth significantly where FDI and carbon emission are positive while renewable energy consumption and financial development are negative for economic growth in the whole sample while its differ in the income groups. These studies have shown that these variables are not the same as the economic growth of economic growth and different income groups are not the same, but it changes. In addition, the foundation of this study has a great deal of recommendations for income Group economic decision make-up.

scholarly journals Exploring the Effects of Economic Complexity and the Transition to a Clean Energy Pattern on Ecological Footprint From the Indian Perspective

2022 ◽  
Vol 9 ◽  
Author(s):  
Xiaowen Wan ◽  
Atif Jahanger ◽  
Muhammad Usman ◽  
Magdalena Radulescu ◽  
Daniel Balsalobre-Lorente ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Degradation ◽  
Ecological Footprint ◽  
Dominant Role ◽  
Clean Energy ◽  
Pollution Level ◽  
Renewable Energy Consumption ◽  
Economic Complexity ◽  
Long Run

The study explores the association between economic complexity, globalization, renewable and non-renewable energy consumption on the ecological footprint in the case of India from 1990–2018. The autoregressive distributed lag (ARDL) is applied to measure the long-run elasticity, while the vector error correction model (VECM) is applied to classify the causal path. The empirical findings demonstrate that economic complexity, globalization process, and renewable energy consumption play a dominant role in minimizing environmental degradation. In contrast, economic growth and non-renewable energy consumption are more responsible for increasing the pollution level in both the short and long run. Furthermore, the VECM outcomes disclose that there is long-run causality between ecological footprint and economic complexity. Moreover, the empirical outcomes are robust to various robustness checks performed for analysis to the consistency of our main results. The Indian government/policymakers should encourage a more environmentally friendly production process and eco-friendly technologies in exports to minimize environmental degradation.

scholarly journals The Implementation of Climate Change Policy in Post-Soviet Countries Achieving Long-Term Targets

2020 ◽  
Vol 12 (11) ◽  
pp. 4558
Author(s):  
Yuliia Matiiuk ◽  
Mykolas Simas Poškus ◽  
Genovaitė Liobikienė
Keyword(s):  
Climate Change ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Energy Intensity ◽  
Climate Change Policy ◽  
Renewable Energy Consumption ◽  
Change Policy ◽  
The Eu

Contribution to climate change mitigation is required for all world countries. Post-Soviet countries’ climate change policy strategies by 2030 (2035) were adopted relatively recently. Thus, the aim of this study is to analyze the achievements of climate change policy, encompassing carbon emissions, energy intensity, and renewable energy consumption, in separate Post-Soviet countries and to reveal the possibilities of reaching their long-term 2030–2035 targets. The results showed huge differences in carbon emissions, energy intensity, and the share of renewable energy consumption among Post-Soviet countries. Analyzing the trends of climate change policy implementation in almost all Post-Soviet countries (except Ukraine and Uzbekistan), carbon pollution increased during the analyzed period (2002–2014). The highest growth of emissions was observed in Georgia and Tajikistan. Furthermore, the economic development level was positively and significantly related to the level of carbon emissions. During the 2002–2014 period, energy intensity decreased in all Post-Soviet countries, particularly in those where the level was lower. The share of renewable energy consumption increased the most in countries that are members of the EU (Latvia, Lithuania, and Estonia) and Moldova, which declared its willingness to join the EU. However, the energy intensity and the share of renewable energy consumption were insignificantly related to the level of economic development. Analyzing the possibility of achieving the Post-Soviet countries’ climate change policy targets, the results showed that only some of them will succeed. Therefore, Post-Soviet countries should implement more efficient climate change policies and effective tools in order to achieve their targets.

The Influence of Air Pollution and Clean Energy on Tuberculosis: The Moderating Role of Urbanization

2020 ◽  
Author(s):  
Farzan YAHYA ◽  
Muhammad RAFIQ
Keyword(s):  
Carbon Dioxide ◽  
Air Pollution ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Clean Energy ◽  
Renewable Energy Consumption ◽  
System Gmm ◽  
Moderating Role

Background: Air pollution is one of the major threats to human health and well-being. This study aimed to explore the effect of renewable energy consumption and carbon dioxide emissions on tuberculosis (TB) incidences. It further investigates the moderating role of urbanization on the relationship between underlying factors and TB. Methods: The data of 183 countries over the period 2000 to 2014 were collected and a two-step system GMM technique was utilized to reduce the endogeneity issue. Additionally, we divided the sample into two sub-panels based on country risk for more robust estimates. Results: Carbon dioxide emissions increase the incidences of TB while renewable energy consumption could restrict these cases. On the other hand, urbanization is positively associated with TB in high-risk. System-GMM estimates also indicated that urbanization further strengthens the positive association between CO2 emissions and tuberculosis. Conclusion: Climate-friendly energy technologies, surveillance, and adequate city planning can act as effective mechanisms to improve public health.

RENEWABLE ENERGY CONSUMPTION, POLITICAL AND INSTITUTIONAL FACTORS: EVIDENCE FROM A GROUP OF EUROPEAN, ASIAN AND LATIN AMERICAN COUNTRIES

2015 ◽  
Vol 60 (01) ◽  
pp. 1550008 ◽  
Author(s):  
NICHOLAS APERGIS ◽  
SOFIA ELEFTHERIOU
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Latin American ◽  
Clean Energy ◽  
Institutional Factors ◽  
Renewable Energy Consumption ◽  
Political Factors ◽  
Panel Causality ◽  
Short Run ◽  
Dynamic Relationships

This paper explores the dynamic relationships between renewable energy consumption and a number of institutional and political factors for a group of countries from Europe, Asia and Latin America spanning the period 1995–2011. The paper employs the methodology of long and short-run panel causality approach as well as the methodology of the panel Error Correction model. The empirical findings provide strong evidence that, after controlling the economic environment, both political and institutional factors exert a strong and statistically significant effect on renewable energy consumption. These findings are expected to have serious implications for policies related to clean energy.

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