Purpose: The threat of global warming has escalated as a result of industrialization, urbanization, population growth, and lifestyle changes in Brazil, Russia, India, China, and South Africa (BRICS). The amount of electricity generated by various sources is directly influenced by their respective carbon dioxide (CO2
) emissions. This study’s primary goal is to determine which sources are bad for the environment and which are not.
Methodology: Examining the impact of different energy generation sources on CO2
emissions using data from the BRICS. To analyze the data, pooled OLS and Generalized Method of Moments (GMM) are used, as well as Quantile Regression (QR).
Findings: We found that coal and gas power generation had a positive and large influence on CO2
emissions regardless of the method used. As compared to other emissions, coal-fired energy production has a more significant impact. In all regression models, hydroelectric and renewable energy generation can reduce CO2
emissions.
Originality: Identifying an empirical link between CO2
emissions and energy production sources is the study’s most significant accomplishment. To obtain solid results, the paper used a combination of QR and GMM techniques. The conclusions presented in this article have important environmental policy consequences. CO2 emissions can be reduced by reducing the consumption of fossil fuels and promoting the development of alternative energy sources such as hydroelectric, wind, and solar power.
Submission of an original paper with copyright agreement and authorship responsibility.I (corresponding author) certify that I have participated sufficiently in the conception and design of this work and the analysis of the data (wherever applicable), as well as the writing of the manuscript, to take public responsibility for it. I believe the manuscript represents valid work. I have reviewed the final version of the manuscript and approve it for publication. Neither has the manuscript nor one with substantially similar content under my authorship been published nor is being considered for publication elsewhere, except as described in an attachment. Furthermore I attest that I shall produce the data upon which the manuscript is based for examination by the editors or their assignees, if requested.Thanking you.
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