Asymmetric role of renewable energy, green innovation, and globalization in deriving environmental sustainability: Evidence from top-10 polluted countries

Sun, Yunpeng; Anwar, Ahsan; Razzaq, Asif; Liang, Xin; Siddique, Muhammad

doi:10.1016/j.renene.2021.12.038

Cited by 168 publications

(57 citation statements)

References 107 publications

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“…Climate change is disrupting human health and natural life in every region. It is already well established that the threat of climate change is triggered by anthropogenic activities, which are linked with the development of economies and associated energy consumption (Sun et al, 2022a;Xue et al, 2022). The sources of unclean energy, including gas, coal, and oil, have been widely used to realize substantial development after the industrial revolution.…”

Section: Introductionmentioning

confidence: 99%

Energy transition for meeting ecological goals: Do economic stability, technology, and government stability matter?

Tang

Shahzad

Ahmed

et al. 2022

Front. Environ. Sci.

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Unquestionably, energy transition, which entails increasing renewables in the energy mix, is among the most reliable strategies to discontinue the utilization of fossil fuels and achieve Sustainable Development Goals (SDGs). In this context, technological advancement can not only stimulate green energy supply but also promote resource efficiency for realizing ecological goals. Also, persistent long-term energy policies and uninterrupted investments are needed to progress on SDGs for climate control and sustainable development. Hence, factors such as economic and government stability are pertinent to implementing and governing energy strategies. Against this background, this study assesses the potential of energy transition in meeting ecological goals by taking into account the roles of economic stability, technology, and government stability in BRICS from 1992 to 2018. Using the second-generation Westerlund cointegration test, the study found a long-run association among variables. The findings from the Continuously Updated Fully Modified (CuP-FM) test disclosed that energy transition is effective in limiting the ecological footprint (EF) in BRICS. Alongside this, economic stability and technology reduce ecological degradation. In addition, government stability stimulates environmental sustainability, while population density decreases environmental sustainability. Finally, the implications of these conclusions for meeting SDGs are discussed and policy directions are provided.

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Section: Introductionmentioning

confidence: 99%

Energy transition for meeting ecological goals: Do economic stability, technology, and government stability matter?

Tang

Shahzad

Ahmed

et al. 2022

Front. Environ. Sci.

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show abstract

“…First, existing research has investigated the relationship between carbon emissions and technological innovation [ 68 , 69 , 70 , 71 ], but little on the GTI, which is more relevant to carbon emissions. Second, existing research on GTI focuses more on the overall research at the national level in China, but little on the regional heterogeneity of GTI, which results in a fragmentary understanding of the regional heterogeneity of GTI [ 72 , 73 , 74 ]. Last, the analyses of the impact of GTI on environmental issues in the literature do not consider spatial correlation [ 73 , 75 , 76 , 77 ].…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Green Technology Innovation on Carbon Emissions in the Context of Carbon Neutrality in China: Evidence from Spatial Spillover and Nonlinear Effect Analysis

Zeng

et al. 2022

IJERPH

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The Paris agreement is a unified arrangement for the global response to climate change and entered into force on 4 November 2016. Its long-term goal is to hold the global average temperature rise well below 2 °C. China is committed to achieving carbon neutrality by 2060 through various measures, one of which is green technology innovation (GTI). This paper aims to analyze the levels of GTI in 30 provinces in mainland China between 2001 and 2019. It uses the spatial econometric models and panel threshold models along with the slack based measure (SBM) and Global Malmquist-Luenberger (GML) index to analyze the spatial spillover and nonlinear effects of GTI on regional carbon emissions. The results show that GTI achieves growth every year, but the innovation efficiency was low. China’s total carbon dioxide emissions were increasing at a marginal rate, but the carbon emission intensity was declining year by year. Carbon emissions were spatially correlated and show significant positive agglomeration characteristics. The spatial spillover of GTI plays an important role in reducing carbon dioxide emissions. In the underdeveloped regions in China, this emission reduction effect was even more significant.

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“…Rufeal (2010) revealed that while flammable gas consumption negatively influences CO 2 emissions in most places, there may be a direct correlation in select areas. Compared to fossil fuels and renewable energy research and development, energy efficiency research and development is more successful in reducing carbon emissions (Bilgili et al, 2021a;Sun et al, 2022d). According to (He and Richard, 2010), increasing oil prices decreases oil consumption, lowering CO 2 emissions.…”

Section: Literature Reviewmentioning

confidence: 99%

A Nexus of CO2, Tourism Industry, GDP Growth, and Fossil Fuels

Shang¹,

Zhang²,

Chen

et al. 2022

Front. Environ. Sci.

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The study investigates the nexus of CO2 emissions, tourism, fossil fuels, and GDP growth using China’s data from 1970 to 2019. The research applied the upset U-molded EKC and the ARDL -models to calculate the time series stationarity variables. The results showed that in the initial enlargement phases, a sophisticated GDP adversely impacts CO2 emissions, then a higher GDP positively influences CO2 emissions. The development of tourism, use of fossil fuels (coal and oil), and population growth show an important influence on CO2 emissions but the use of gas and electricity has little effect on CO2 emissions. In contrast, foreign direct investment besides population development had little effect on increasing CO2 emissions. Retreating foreign direct investment, strengthening the use of sustainable electricity, and improving transportation for explorers, especially the green tourism business, are excellent ways to reduce environmental degradation in China.

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Asymmetric role of renewable energy, green innovation, and globalization in deriving environmental sustainability: Evidence from top-10 polluted countries

Cited by 168 publications

References 107 publications

Energy transition for meeting ecological goals: Do economic stability, technology, and government stability matter?

Energy transition for meeting ecological goals: Do economic stability, technology, and government stability matter?

The Impact of Green Technology Innovation on Carbon Emissions in the Context of Carbon Neutrality in China: Evidence from Spatial Spillover and Nonlinear Effect Analysis

A Nexus of CO2, Tourism Industry, GDP Growth, and Fossil Fuels

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