Renewable and nonrenewable energy consumption, trade and CO2 emissions in high emitter countries: does the income level matter?
By T. Fatima, Umer Shahzad, Lianbiao Cui. Journal of Environmental Planning and Management, 2020
158 citations recorded by the source corpus.
This study analyzes the effects of increased income and renewable energy on environmental quality, which has been ignored in the existing literature. An important contribution of this study is to analyze the role of renewable and nonrenewable energy in relation to the rising level of carbon emissions in the leading emitting countries. This research further examines the heterogeneous impacts of rising income levels and EKC investigation for CO2 emissions. The Kao cointegration, generalized method of moments (GMM), random effects, fixed effect (FE) regression models, and panel causality techniques are employed for panel data estimations. The empirical outcomes mention that an increase in income moderates the ratio of consumption of renewable energy to CO2 emissions. Increased income contributes more to the energy mix, which contributes to environmental pollution, through nonrenewable energy. This research reports policy-relevant critical masses beyond which an increase in income negatively affects the link between renewable energy and CO2 emissions.
Subfields: Economics and Econometrics, Pollution, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/4808a1ab49948032d412fa6bd44f21f94f8994bf
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Citations in the corpus
- Green innovation and China’s CO2 emissions – the moderating effect of institutional quality (2021, background): “Fern andez Fern andez, Fern andez L opez, and Olmedillas Blanco (2018) examined the European Union, the United States, and China and concluded that R&D investment has positively reduced CO2 emissions in developed countries.”
- Do Environment-Related Policy Instruments and Technologies Facilitate Renewable Energy Generation? Exploring the Contextual Evidence from Developed Economies (2021, background): “Accordingly, mandatory targets and quotes are set for producers to generate a certain percentage of energy through renewable sources [18,19].”